Cost & Inventory Accounting

Cost and Inventory Accounting

JOB DESCRIPTION
 Create, organize, and maintain a database containing records of all finished projects, including intercompany projects.
 Ensure each project has a dedicated file folder for organization and easy access.
 Track financial performance against the Bill of Quantity and identify any risks and issues;
 Submit Project Accounting reports for all completed projects every month
 Monitor petty cash disbursement, issuance of local items, and imported appurtenances to ensure accuracy of cost, and correct project allocation.
 Full working knowledge of budget, contingency, and profitability of projects
 Verify all details on the Project Monitoring Report submitted by the Engineering Department to ensure its accuracy.
 Review, and collate supporting documents related to each project, and ensure its timely invoicing
 Investigate any delays in project invoicing, and coordinate with the account manager, and engineering department for its timely resolution. Inform management for any issues left unresolved.
 Transmit to management all SDDR, DR, SO, P.O., Signed Conforme, and any documents related to projects every Friday for proper filing.
 Ensure accuracy of Appurtenances, Lubricants, and Consumables Inventory report.
 Conduct a random audit of Appurtenances, Lubricants, and Consumables Inventory every month
 Submit Materials Issuance Report for Appurtenances, and Lubricants on every 5th day of the month.
 Request landed cost for imported appurtenances each time there is a new importation
 Transmit to management Appurtenance Receiving Report every time there is a new importation
 Review and evaluate policies and procedures in inventory, and project accounting.
 Provide any supplemental reports/documentation as may be required by management.
 Ensures that all information of a confidential nature is held in a secure and confidential
 Complies with prescribed policies and procedures of the Company, especially on safety and security.
 Adheres to the provisions of the Company’s Code of Conduct and Discipline.
 Perform other tasks that may be assigned from time to time.

Requirements:
 A bachelor’s degree in accounting, finance, business administration, or a related field is typically required. Some employers may prefer candidates with a master’s degree or CPA (Certified Public Accountant) designation.
 Familiarity with spreadsheet software (e.g., Excel) for data analysis and reporting.
 Knowledge of cost accounting principles and methodologies, such as standard costing, job costing, and activity-based costing.
 Understanding of inventory management principles, including inventory valuation methods (e.g., FIFO, LIFO, weighted average).

Skills:
 Ability to analyze financial data and performance metrics to identify trends, variances, and opportunities for cost savings or process improvements.
 Strong mathematical skills and attention to detail to ensure accuracy in cost calculations and inventory records.
 Familiarity with relevant accounting standards and regulatory requirements related to inventory valuation, financial reporting, and compliance.
 Clear verbal and written communication skills to effectively collaborate with cross-functional teams (e.g., operations, procurement) and present financial information to stakeholders.
 Capability to troubleshoot accounting discrepancies, resolve inventory issues, and recommend solutions to enhance efficiency and accuracy in cost and inventory processes.
At least 2 years of experience in cost accounting, inventory control, or related financial roles.

WORK SCHEDULE:
Monday to Saturday
9:00 AM – 6:00 PM

SALARY: 25k – 30k
WORK LOCATION: Quezon City

>Mail your updated CV/ resume at [email protected]