Job Description

Job Summary

    Supervises all accounting activities including the physical monitoring and review of the valuation of stocks from receiving of a raw material to dispatch of finished goods. Reviews the actual costing and compare against standard cost. Determines factors that caused the variances, and recommends ways to control cost. Prepares/ consolidates Cost and Inventory Report and ensures that these are thoroughly analyzed and reconciled with General Ledger balances.

Duties and Responsibilities

• Monitors and checks correctness of all Cost Accounting data including the actual product cost of Raw Materials, Work in Process and Finished Goods, allocation of price and usage variances, material balancing, production outputs and materials issuances, cost of goods manufactured, cost of sales and etc.
• Together with Comptroller, assists functional Heads in evaluating cost accounting techniques to aid Management in cost benefit study such as products mix analysis, breakeven analysis, make or buy analysis, cost savings project analysis, cost behaviour analysis, as well as ensure accuracy of all accounting formula
• Prepares projected products cost of new products to be launched
• Computes the amount of claims against supplier, insurance, truckers and shipping lines for the damaged materials (Import and Local)
• Reviews and checks various transactions in the following Registers to ensure proper and correct monthly
• Prepares Statement of Cost of Goods Manufactured and sold per market, product type and reconciles with the General Ledger, provides General Accounting Head Office the said statements for GP analysis
• Prepares and consolidates Cost and Inventory Report and Shutdown Cost Schedule required by Makati Accounting for pricing purposes and in the completion of Financial Statements
• Supervises the year-end count and cycle count activities
• Coordinates with all plant functional heads in the proper and timely preparation of their respective budgets for the upcoming year
• Keeps abreast of latest developments and best practices in the field of cost accounting

Qualification

• Graduate of Bachelors of Science in Accountancy
• Must be a Certified Public Accountant (CPA)
• With five (5) years supervisory experience in cost accounting functions obtained from big manufacturing company
• Knowledgeable in plant production process and financial calculation