Senior Cost Accountant

Industry Category	Accounting / Finance	Position	General / Cost Accounting
Recruitment Department		Number Of Recruits	several
Work Location	Aklan Batan	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	Bachelor's Degree	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	40000-55000 PHP / Monthly
Updated Date	2022-09-27	Valid Until	Long-term validity

KEY RESPONSIBILITIES:

You will:

Analyzes cost accounting data and assists with cycle count and physical inventoriesPrepares and analyzes weekly, monthly, and quarterly gross margin analysis by product group by customerCompares actual costs to standards and analyzes variancesPerforms month-end closing activities such as detailed account analysis, reconciles sales, cost, and inventory accounts by product category by the customer, prepares journal entries as necessary and analyzes inventory evaluation and inventory roll forwardReviews and analyzes inventory and margin reports, conducts research, and performs analytical studies regarding cost analyses and profitabilityPerforms monthly review of the compliance to revenue recognition policyMonitors Stock Turn Over per product category and ensures performance targets related to the inventory process are adhered toMonitors a system of controls, procedures, and forms for the record of fixed assetsRecords fixed assets acquisitions and dispositions in the IFSTracks company expenditures for fixed assets in comparison to investment budget and management authorizationsTracks the compilation of projects/investment costs into fixed assets accounts and closed out those accounts once the related projects/investments have been completedRuns the depreciation for all fixed assets and analyzes the resultsReconciles the balance in the fixed asset subsidiary ledger to the summary level account in the general ledgerReviews and updates the detailed schedule of fixed assets and accumulated depreciation (both in functional currency and Philippine peso)Performs periodic investigation of the potential obsolescence of fixed assets together with asset assignees/ownersConducts periodic impairment reviews for all assets and physical inventory countsLooks for breakthroughs in process improvement relating to cost and fixed assets accountingEnsures compliance to the annual statutory audit requirements and liaises external auditors and government that involve fixed assetsProduces timely and accurate routine management accounting reports, schedules, analyses and summaries for review of Country ManagerResponsible for the financial dashboard development and maintenanceSupports end-to-end process performance and improvements through 5S and Lean practicesWorks in special projects as required

QUALIFICATIONS & REQUIREMENTS:

Graduate of B.S Accountancy or any related courseCPA or CMA is an advantage With at least five to 10 years of relevant experienceWith strong analytical skills and knowledge of standard accounting and methodologyProficient in MS Tools especially advanced or intermediate in MS Office ExcelEscalation management and detailed oriented

Work Schedule: Monday to Friday (7am to 3pm) 

Work Setup: Onsite, with shuttle service provided

Asia Select Inc. is a human capital solutions firm bringing people and career opportunities together. We specialize in talent attraction and recruitment through our core solutions Executive Search, Contingency Search, Recruitment Process Outsourcing (RPO), HR Consultancy, and Learning and Development.At Asia Select, we bring people and career opportunities together. We are the industry thought leaders who continue to value our clients and deliver quality results. Attracting and hiring right-fit individuals are critical to an organization due to the evolution of the recruitment landscape over the past years. Acquiring and retaining quality candidates have been far more complex due to the competitive job market. Companies need strategic approaches to manage and leverage talent supply chains to drive the success of their businesses.We understand the complexity of the talent landscape and have mastered the science of Talent Acquisition. As the industry leader, it is our expertise to help organizations succeed through our holistic approach to overcoming recruitment challenges.