320 Cost Accountant jobs in the Philippines

About the Role:

We are seeking a highly analytical and detail-oriented 
Cost Accountant
 to join our Finance team. This role is essential in ensuring accurate inventory tracking and cost control across all restaurant locations. The officer will oversee inventory reconciliation, monitor stock movements, and provide insightful cost analysis that directly impacts profitability and operational efficiency.

Key Responsibilities:

Inventory Management

• Oversee inventory counts across multiple branches
• Monitor stock levels and set reorder points to prevent shortages or overstocking
• Reconcile physical stock with system records and resolve inventory discrepancies

Cost Control

• Monitor and analyze food, beverage, and packaging costs by location
• Analyze recipe costing and recommend adjustments based on usage trends and supplier pricing
• Partner with purchasing and kitchen teams to drive cost savings

Reporting & Analysis

• Prepare regular reports on inventory valuation and cost of goods sold (COGS)
• Perform theoretical vs. actual cost variance analysis
• Share actionable insights with Finance and Operations leadership

System & Compliance Oversight

• Ensure consistent and compliant use of POS and inventory systems across locations
• Enforce policies on stock handling, transfers, and waste logging
• Support audits and internal control processes

Qualifications:

• Bachelor's degree in Accountancy, Business Administration (Financial Management/Operations), or Industrial Engineering
• 1-2 years of relevant experience in inventory and cost control (preferably in restaurant, multi-branch, or commissary-based operations)
• Strong understanding of cost accounting, COGS, and inventory valuation methods (e.g., standard costing, weighted average)
• Proficient in MS Excel (pivot tables, VLOOKUP, basic macros)
• Familiarity with POS, ERP systems (e.g., Business Central, SAP), and inventory management software
• Strong analytical, audit, and reporting skills
• High integrity in handling financial data; effective in cross-functional communication

• Cost Analysis & Reporting:

• Analyze manufacturing, production, and operational costs to identify trends, inefficiencies, and cost-saving opportunities.

• Prepare and present detailed cost reports to management, including standard costs, actual costs, and variances.
• Assist in month-end and year-end closing processes related to inventory and cost accounting.

• Inventory Management:

• Monitor inventory levels and reconcile physical counts with system records.

• Ensure accurate valuation of inventory (FIFO, LIFO, weighted average) and review slow-moving or obsolete inventory.
• Work closely with procurement and operations teams to maintain accurate cost data.

• Budgeting & Forecasting:

• Assist in the preparation of annual budgets and periodic forecasts.

• Compare actual costs against budgeted/forecasted costs and analyze discrepancies.

• Process Improvement:

• Identify opportunities to streamline cost accounting processes and improve financial controls.

• Support the implementation of ERP or cost accounting system enhancements.

• Compliance & Auditing:

• Ensure compliance with GAAP (or relevant accounting standards) and company policies.

• Assist with internal and external audits related to cost accounting and inventory.

• Cross-Functional Collaboration:

• Work closely with production, supply chain, and finance teams to gather cost-related data.

• Provide financial insights to support pricing strategies and operational decisions.

About the role

We are seeking a talented Cost Accounting Officer to join the Finance team at Manila Doctors Hospital (Manila Medical Services Inc.) in Manila City, Metro Manila.

What you'll be doing

• Strengthen and improve processes in Cost Accounting. Assist in formulation of hospital packages and ensure the hospital profitability. Identify critical areas of departments and recommend cost cutting measures.
• Develop cost models of all procedures and packages of the hospital and develop maximal utilization of resources.
• Analyze all cost and revenue accounts. Perform variance analysis procedures based on standard cost.
• Coordinate with Budget section, Financial Reporting section on variance and projections.
• Identify gaps in various departments and recommends internal control procedures.

What we're looking for

• Relevant bachelor's degree in Accounting, Finance, or a related field
• At least 3-5 years of experience in a cost accounting or financial analysis role, preferably in the healthcare industry
• Excellent analytical and problem-solving skills, with the ability to interpret financial data and identify opportunities for improvement
• Strong attention to detail and accuracy, with a focus on ensuring the integrity of financial records
• Proficient in the use of financial software, spreadsheets, and data analysis tools
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
• Familiarity with relevant accounting standards and regulations, such as IFRS or GAAP

What we offer

At Manila Doctors Hospital, we are committed to providing a supportive and rewarding work environment for our employees. You will have the opportunity to contribute to the success of a leading healthcare institution, with access to comprehensive benefits, including a competitive salary, paid time off, and opportunities for professional development and growth.

About us

Manila Doctors Hospital is a renowned healthcare institution in the Philippines, providing high-quality medical services to the local community. With a focus on innovation and excellence, we are dedicated to advancing the field of healthcare and improving the well-being of our patients. Our team of dedicated professionals work together to create a collaborative and inclusive work culture, where everyone can thrive and contribute to our mission.

If you are interested in this exciting opportunity, please apply now.

Job Type: Full-time

Benefits:

• Additional leave
• Employee discount
• Health insurance

Work Location: In person

1. Monitor and analyze production costs, inventory movements, and cost variances
2. Ensure accuracy and completeness of cost-related data in the accounting system
3. Perform reconciliations of inventory and production cost accounts
4. Support budgeting, forecasting, and audit requirements related to costs

• Research material costs to ensure the accuracy of the information in the company's accounting system.
• Analyze manufacturing costs and prepare periodic reports comparing standard prices to actual production costs.
• Participate in physical inventory counts to ensure the accuracy of inventory records.
• Monitor the accumulation of all direct labor, overhead and other manufacturing-related expenses.

• Collecting and analyzing data about a company's operational costs
• Developing and analyzing cost standards
• Carrying out cost-volume-profit (CVP) ANALYSIS
• Performing account reconciliations
• Prepared audit reports and presenting their findings to management
• Recommended changes to the company's processes and policies to reduce cost and maximize profit
• Advising executives and upper management on appropriate costing based on financial data
• Managing the company's balance sheet and accounting books
• Supporting other company accountants with invoicing and capital expenditure
• Review standard actual costs for inaccuries
• Prepare Budgeting reports (for the company and 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
• Performs other duties as may be assigned

Qualifications:

• Graduate of Bachelor's degree in Accountancy or any related field
• A Certified Public Accountant (CPA)
• Proven work experience as cost accountant, cost analyst, accountant, or similar role
• Thorough knowledge of accounting procedures
• In depth understanding of Generally Accepted Accounting Principles (GAAP)
• Computer literacy, MS Excel in particular (familiarity with pivot tables)
• Excellent analytical skills with an attention to detail
• Strong time management skills
• With an ability to handle confidential information

DUTIES and RESPONSIBILITIES:

•Daily checking of production orders in SAP

•Daily checking of transfer posting and/or good issuance in SAP

•Daily checking of TECO (Technically Complete)

•Ensures that all inventory item codes in SAP have assigned cost and are updated every six months (or less than 6 months if the increase/decrease exceeds the allowable threshold as set by the company)

•Ensures that all inventory item codes have proper valuation especially newly created item codes

•Prepares standard costing computation for WIP and FG

•Maintains monthly/annual inventory reports and subsidiary ledgers for raw materials, work-in-process and finished goods.

•Daily checking of rejects, test fire and scrap transactions

•Performs inventory reconciliation/transaction investigation and creates inventory adjustments in SAP as deemed necessary

•Checks costing of job order for repairs

•Assist immediate superior on the review and adjustment of monthly variances like purchase price, production, labor, etc.

•Reviews inventory write-down account and proposes adjustments if need be

•Prepares regular/ad hoc reports and analysis related to inventory balance and costing to aid management in their business decisions

•Assist on timely closing of books

•Provides backup support to other areas of Finance and Accounting

•Other ad hoc tasks that may be assigned from time to time

JOB DESCRIPTIONS:

• Responsible for the performance of Cost Accounting duties like but not limited to the analysis of cost records to a certain cost and pricing control, profitability, distribution of cost of all cost centers.
• Responsible for the coordination of product costing, review of current inventory cost and do necessary recommendation to Sales team for the pricing, costing, profitability analysis.
• Reviews and ensures that all inventory transactions are accurately encoded and classified in the ERIC system and recommend adjusting entries if needed.
• Updating, analysis of various B/S accounts (A/R/O, Fixed Assets include tagging & control, lease based on IFRS, other liabilities

QUALIFICATIONS:

• Knowledge in Cost Accounting and Control
• Can work independently, minimum supervision needed.
• With experience in Manufacturing Industry
• Willing to work at Silang, Cavite

Job Type: Full-time

Pay: Php28, Php30,000.00 per month

Benefits:

• Company Christmas gift
• Free parking
• Health insurance
• Life insurance
• On-site parking
• Staff meals provided

Ability to commute/relocate:

• Silang A: Reliably commute or planning to relocate before starting work (Preferred)

Education:

• Bachelor's (Required)

Experience:

• Cost Accountant: 2 years (Required)

Work Location: In person

Role description:

We are seeking a Cost Accountant, Analyst, and Pricing Champion to take ownership of our pricing strategies and cost structures. This critical role ensures that our landed cost, tariffs, shipping, warehousing, and distribution expenses are accurately accounted for to optimize profitability. You will analyze financial data, manage cost accounting processes, and develop pricing strategies while ensuring compliance with rebate structures and incentives for large retailers.

Key Responsibilities:

COST ACCOUNTING, FINANCIAL ANALYSIS, & PRICING STRATEGIZING

• Landed Cost Analysis:

o Calculate and analyze landed costs, including purchase price, tariffs, freight, customs duties, insurance, and warehousing.

o Assess and track the impact of Incoterms on cost structures.

• Shipping & Transportation Cost Tracking:

o Monitor and track shipping costs, including container rates, port fees, and inland transportation.

o Track and evaluate inland transportation costs to major retail partners.

• Product Costing & Variance Analysis:

o Ensure accurate costing of products sourced across multiple countries and suppliers.

o Reconcile cost variance and recommend corrective actions.

• Financial Modelling & Profitability Assessment:

o Develop financial models to evaluate cost efficiencies and profitability by sku, category, and customer.

o Identify opportunities for cost savings in supply chain while maintaining service levels.

• Pricing Strategy Development:

o Develop cost-based pricing models that ensure competitive yet profitable pricing strategies.

o Work closely with sales and leadership to optimize pricing structures for different markets and customer segments.

• Discounts & Allowances Management:

o Incorporate rebate structures, promotional allowances, and volume discounts into pricing models.

o Maintain up to date price lists and ensure consistency across customer contracts.

• Impact of External Market Factors:

o Forecast the impact of tariff changes, currency fluctuations, and freight costs on product pricing.

o Analyze cost breakdowns for direct imports vs. local stockholding strategies.

• Supply Chain Cost Optimization:

o Work with logistics teams to optimize warehousing costs and distribution efficiencies.

o Identify opportunities for cost savings in supply chain while maintaining service levels.

• Reporting & Financial Compliance:

o Generate monthly and quarterly reports on cost structures, pricing analytics, and profitability.

o Ensure compliance with accounting standards and financial regulations related to importation, tariffs, and rebates.

• Budgeting & Forecasting:

o Assist in budgeting and forecasting for supply chain expenses and pricing adjustments.

o Provide insights to senior management on cost trends and financial performance

GLOBAL:

• Work with the regional and global finance and supply chain teams to ensure global consistency in cost accounting processes, avoid duplication and utilize additional resource/dataset.

MEETINGS:

• Weekly 1:1 with direct manager

• Bi-Weekly / Weekly Finance Meeting

• Monthly Finance meeting

• Monthly Demand Planning meeting

SKILLS & EXPERIENCE

1. Bachelor's degree in Accounting, Finance, Economics, Supply Chain, or related field.

2. Minimum 5 years of experience in cost accounting, pricing analysis, or financial planning – preferably in import/export, retail, or CPG industries.

3. Strong understanding of landed cost calculations, tariffs, Incoterms, and global supply chain economics.

4. Proficiency in ERP systems, Microsoft Excel (pivot tables, VLOOKUPs, financial modelling), and data analytics tools.

5. Experience working with big-box retailers and understanding of their rebate structures, chargebacks, and incentive programs.

6. Knowledge of freight, warehousing, and last-mile distribution costs is a plus.

7. Strong analytical, problem-solving, and communication skills.

Candidates must be in the Philippines.

40 Hours per Week - Start: 8:00am & Finish: 5:00pm EST. 1-Hour Lunch Break