Philippines

Cost Accountant, Batangas

Cost Accountant, Batangas
Description

COST ACCOUNTANT

PRIMARY ROLE AND PURPOSE

(Identify the duties, essential functions and requirements of the position)Supervisor is responsible for overseeing the accurate recording, reconciliation, and safeguarding of the companys materials, inventories, and fixed assets. This role ensures compliance with accounting standards, internal controls, and company policies while supporting management with timely, reliable information to uphold balance sheet integrity.


KEY RESULTS AREA/S

(Expected result achieved from having this job performed)

1.Ensure accuracy of material and asset accounting records

2.Maintain updated schedules and reconciliations for all MAAC-related accounts

3.Submit reconciliations, reports, and schedules within Finance closing deadlines

4.Recommend process improvements to strengthen controls on asset and material accounting

5.Actively collaborate with Plant Accounting, General Accounting, and Operations for smooth integration.

6.Support year-end reporting and audit requirements without delay.


OPERATING NETWORK/INTERACTION

(Internal and External area/s functions this position has direct interaction with)1.Work with Operations, and Metal Management to align actual plant inventory with accounting records.

SPECIFIC FUNCTION/S

(Detailed job description as required for a job)1.Accounting & Reporting

Oversee proper recognition, valuation, and accounting of materials and assets in accordance with company policies and PFRS standards.

Prepare and review asset and material schedules, reconciliations, and related journal entries.

Ensure accuracy of asset depreciation, disposals, transfers, and adjustments.

2. Control & Compliance

Implement and monitor internal controls related to material usage, asset tagging, and safeguarding.

Coordinate with Operations, Procurement, and Plant Accounting to validate asset and material movements.

Assist in audits (internal and external) by providing accurate records and documentation.

3. Monitoring & Analysis

Lead monthly reconciliations of inventory and asset-related balance sheet accounts.

Analyze variances in material consumption and asset utilization, escalating exceptions to management.

Support decision-making through reports on asset life cycle, material losses, and write-off proposals.


PERSON/S SPECIFICATION

(Entry qualifications)Education : Bachelors Degree

College Degree : Accountancy/Mgmt. Accounting

Graduate Studies : N/A

Licensure Examinations Passed : PRC is an advantage but not required

General Skills

oInventory accounting, preferably in LPG, FMCG, or related industries.

oStrong analytical and reconciliation skills.

oKnowledge of LPG operations, distribution systems, and asset management is an advantage.

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More info about this ad

Cost Accountant has been posted in the Lipa Accounting, Financing & Banking category on Locanto.

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