Cost Accounting Associate

Valenzuela, National Capital Region
Posted more than 30 days ago
Logo Gomeco group companies
Company:
Gomeco group companies
Company Description:
Started in 1976 with humble beginnings as a sole proprietorship. It was, then, solely fabricating baking at a time when the pan de sal business craze was at its height. Initially located in a 20 sq. meter store space along Juan Luna St. in Binondo, Manila both office and fabrication personnel worked side-by-side in that confined space. With the growing market demands, Gomeco was incorporated in 1982 and transferred entirely to a bigger place in Caloocan City. A few years thereafter, it again relocated to a much bigger plant in Karuhatan, Valenzuela City. In 1992, Gomeco finally acquired the sprawling one-hectare compound in Rincon, Valenzuela City, where the present office headquarter and the fabrication plant facilities are situated. In 2001, Gomeco grabbed the leadership in the country's kitchen equipment industry up until the present. Likewise, it has been enjoying the lion's share in providing the architectural metal needs of the Philippine construction industry.
Contract Type:
Full Time
Experience Required:
2 years
Education Level:
Master’s Degree
Gender:
Male
Number of vacancies:
1

Job Description

Cost Accounting Associate Duties & Responsibilities
Responsible for ensuring that money spent by their company is well-planned and worth it. They oversee expense reports, analyze data on what has been purchased or the incurred costs regarding goods and services received from vendors, and make recommendations about cost-efficiency.

this position include:

Set up systems and processes for the costing function, this includes the full range of Cost Accounting activities
Prepare and provide analysis of cost variance
Work closely with Supply Chain to provide them with support relating to cost related matters
Forecast and budgeting for Product Controllers
Conduct Rotational Inventory Audit (physical stock count)
Ensure SOX and internal compliance
Assist each company with physical inventory counts and cycle counts
Assists PE companies with month end close
Participate in the preparation of the annual plant operating budget including standard product cost development, budgeted variances, cost center budgeting, headcount requirements, volume analysis and raw material pricing analysis
Participates in the coordination & preparation of plants’ operating forecasts
Collect cost information and maintain an expenses database
Construct data accumulation systems
Determine fixed costs (e.g. salaries, rent and insurance)
Plan and record variable costs (e.g. purchases of raw material and operations costs)
Review standard and actual costs for inaccuracies
Prepare budgeting reports (for the company and for each department)
Analyze and report profit margins
Prepare (monthly, quarterly and annual) cost forecasts
Assisting in month-end and year-end closing
Identify and recommend cost-effective solutions
Requirements and skills
Proven work experience as a Cost Accountant, Cost Analyst, Accountant or similar role
Thorough knowledge of accounting procedures
In-depth understanding of Generally Accepted Accounting Principles (GAAP)
Experience with accounting software, like FreshBooks and Zoho
Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
Excellent analytical skills with an attention to detail
Strong time management skills
Integrity, with an ability to handle confidential information
BSc degree in Accounting, Finance or relevant study

Summary of role requirements:
Looking for candidates available to work:
Monday: Morning
Tuesday: Morning
Wednesday: Morning
Thursday: Morning
Friday: Morning
Saturday: Morning
2-3 years of relevant work experience required for this role
Working rights required for this role
Expected start date for role: 15 March 2024
Salary:
17.000,00 ₱ Monthly

Similar Jobs to Cost Accounting Associate