POSITION SUMMARY
- We are seeking a detail-oriented Cost Analyst to support accurate product costing, inventory valuation, and cost optimization across our manufacturing operations. The ideal candidate will play a critical role in analyzing production costs, driving efficiency improvements, and ensuring financial accuracy through strong collaboration with operations and finance teams.
- This role is based at the plant and requires close coordination with concerned departments to ensure alignment between physical processes and financial records.
KEY RESPONSIBILITIES
- Analyze product costs, production variances, and key cost metrics to support management decision-making.
- Prepare detailed cost reports and provide insights on manufacturing expenses, identifying opportunities for cost optimization and process efficiency.
- Maintain accurate inventory valuation methods and conduct regular inventory audits, ensuring proper cut-offs and reconciliation between physical counts and financial records.
- Oversee material receipt, issuance, and recording in SAP, ensuring timely and accurate data entry.
- Collaborate with Purchasing and Warehousing to validate material costs and verify cost accuracy across systems.
- Develop and maintain robust product costing models to support pricing strategies and new product introductions.
- Review and enforce internal controls related to inventory management, including segregation of duties, user access, and period cut-offs.
- Assist in annual budgeting and forecasting for manufacturing costs; perform variance analysis and report on performance vs. targets.
- Work cross-functionally to align cost structures with operational activities and ensure process costs reflect financial records.
- Document cost accounting procedures, methodologies, and process flows to ensure transparency and compliance.
- Approve plant spare parts requisition slips in line with established controls and cost accountability standards.
QUALIFICATIONS
- Bachelor’s Degree in Industrial Engineering, Accounting, Finance, or a related field.
- Strong foundation in Industrial Engineering principles, with experience in process analysis, time and motion studies, or work optimization.
- Solid understanding of cost accounting and manufacturing cost structures.
- Experience in a manufacturing or plant environment is highly preferred.
- Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word).
- Familiarity with ERP systems (SAP preferred) and cost tracking tools.
- Strong analytical skills with a proven ability to translate data into actionable insights.
- Excellent communication and collaboration skills across functional teams.
Job Type: Full-time
Pay: Php25,000.00 - Php30,000.00 per month
Education:
- Bachelor's (Preferred)
Work Location: In person