Offer summary

Qualifications:

Bachelor's degree in Accounting or Finance is preferred., Strong analytical skills and attention to detail are essential., Experience in cost accounting and inventory management is required., Proficiency in financial reporting and accounting software, such as NetSuite, is a plus..

Key responsabilities:

Manage inventory costs and ensure pricing accuracy.

Conduct routine price testing audits and review accounting issues.

Perform weekly reviews of accrued purchases and ensure timely closure of purchase orders.

Participate in month-end closing processes and assist with inventory-related reporting needs.

Job description

JAMBNC256

About Penbrothers

Penbrothers is an HR & remote talent management partner and one of the fastest growing companies in the Philippines. We provide talented Filipinos with global opportunities in high-growth startups and dynamic companies, from the comfort of their own homes.

About the Client

Our client is a leading provider of specialty paper and packaging products through their brand. With a strong presence in the e-commerce space, they are committed to delivering high-quality paper goods and office supplies to customers worldwide. Their operations involve complex inventory management, cost accounting, and financial analysis to support business growth.

About the Role

The Cost Accountant will be responsible for managing inventory costs, ensuring pricing accuracy, and supporting financial reporting processes. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with internal teams to maintain accurate financial records.

What you’ll do

Perform routine price testing audits to ensure First In, First Out (FIFO) layers are correct.
Identify and review item set-up accounting issues and escalate to the Controller and VP of Accounting.
Understand work orders and assembly builds, ensuring items have correct pricing.
Conduct weekly reviews of accrued purchases to verify item receipt prices match billed amounts.
Ensure timely closure of all purchase orders.
Review all inventory adjustments to confirm correct quantity and cost usage.
Capitalize all costs such as freight, duty, and product enhancements into inventory.
Develop an Obsolete and Slow-Moving Inventory (OSMI) accrual or an inventory aging analysis to identify balances for write-off.
Monitor the dropship accrual process and ensure proper reconciliation with purchase orders.
Reconcile inventory at Amazon fulfillment centers with NetSuite records.
Investigate and resolve converting cost issues.
Participate in the month-end closing process as required.
Assist with ad hoc inventory-related issues and reporting needs.