Full-Time Jr. Cost Accountant – Guindulman
For our company to thrive, we need a dedicated Cost Accountant who is focused on ensuring that we are providing the best possible working environment and business environment for our employees and customers.
Job Title : Jr. Cost Accountant
Location : Guindulman, Bohol Province, Philippines
Salary : $ 22.4 per hour.
Company : Wendy’s International Inc
Job Type : Full-Time
- Proactively study and execute cost-reducing process improvements that boost production’s financial performance by thoroughly examining existing data, predicted future costs, and client demand. Become a significant player in the yearly inventory of the facilities by fostering cooperation among all parties involved. Participate actively in the closing-out of a project’s accruals.
- Advice and help on accounting and financial management issues, information analysis, dispute resolution aid, and formulation of recommendations for management choices are all examples of what an accountant does.
- Coaching/Supporting: Encourage and cultivate relationships of trust inside the business to assist the management team in making wise financial choices. Lead yearly shutdown project accrual budget meetings, monthly manufacturing performance meetings, and costing effects training sessions to actively impart a complete grasp of business performance data.
- For the purpose of determining the costs of an activity, cost management techniques are developed or updated and suitable costing approaches are used.
- Develops or improves on current cost accounting data using suitable costing procedures in order to offer accurate and timely financial information that meets informational needs.
- Accounting software that includes cost and management accounting is maintained and overseen by this person. Involved in the agency’s forecasting, payroll, and budget planning processes.
- Accountants are in charge of preparing reconciliation spreadsheets, conducting investigations into anomalies in their accounting records (such as general ledger accounts), and reconciling accounting records.
- For management to make educated financial and performance choices, all company performance data must be reliable and prepared. In order to assure customer satisfaction, update/maintain the yearly standard cost roll and cost new goods for the sales staff. Examine monthly freight costs, inventory cycle counts, month-end inventories, and invoice/spending data for the purpose of data integrity. Keep an eye out for any anomalies, monthly inflation, or areas where you might minimize costs. Production credits, costs incurred while making and shutdown project accruals may be documented with the aid of your manufacturing staff. An audit should be performed on a yearly basis. Produce accurate and timely census reports, as well as monthly and quarterly financial statements in conformity with all applicable regulations.
- Financial reporting laws necessitated improvements to the financial management system.
- Analysis and interpretation of accounting information in order to discover and correct any errors in cost recording. This includes locating and re-allocating previously unrecorded expenses and determining where they should be placed in the overall cost structure.
- Degree: Accounting or a degree in a similar discipline, such business administration, finance, or public administration, with 24 semester hours of accounting as part of or in addition to it. Up to 6 hours of business law credit may be included in the 24 hours.
- A thorough grasp of the financial, distribution, and production systems is required in order to evaluate transactional data in an ERP system and clearly explain results to management.
- A working knowledge of categorizing costs in accounting and project cost records, creating work papers to support those classifications, and reporting revisions discovered throughout the process.
- Ability to Multitask, Independent Work, and Fast-Paced Work Environments. thrive under pressure, possess excellent time management skills, are highly motivated, and Teamwork, organizational abilities, stress management, data analysis, and budget management Good organizational and analytical abilities, variance analysis, month-end financial closure, and reporting.
- The ability to understand the production environment and the financial procedures linked with it Principles of production and operations, as well as an understanding of the supply chain, are required.