Finance · Manila, Philippines
Most companies claim to have the best people. We say to them, "Keep dreaming." Our people are second to none. They set us apart with their entrepreneurial spirit and ambition. They come to us from the likes of Amazon, Microsoft, Nordstrom, Starbucks and the sports world, bringing energy, bold ideas and a willingness to dive into the unfamiliar. It's our people that make BDA the top global Merchandise Agency to work for.
DUTIES AND RESPONSIBILITIES
• Oversee all aspects of cost accounting activities, including cost allocation, cost analysis, and cost control measures.
• Develop and maintain costing systems to accurately track and report on product costs, ensuring alignment with company goals and financial objectives.
• Oversee Balance Sheet reconciliations and ensure compliance with corporate policies.
• Analyze cost variances and trends, providing insights and recommendations to optimize operational efficiency and profitability.
• Collaborate with cross-functional teams to ensure accurate cost data is utilized in financial statement reporting and decision-making processes.
• Identify opportunities to streamline cost accounting processes and enhance reporting accuracy and timeliness.
• Implement best practices and methodologies to optimize cost allocation methodologies and enhance overall cost visibility.
• Drive continuous improvement initiatives to enhance the effectiveness of cost accounting.
• Collaborate with internal stakeholders, including operations, procurement, and finance teams, to gather relevant cost data and ensure alignment with organizational objectives.
• Serve as a subject matter expert on cost accounting matters, providing guidance and support to other departments as needed.
JOB SKILLS AND TRAITS
• Foster a culture of transparency and accountability by effectively communicating cost-related information across the organization
• Assist in budgeting and forecasting processes, providing insights into cost drivers and potential financial impacts.
• Prepare financial reports and presentations for senior management, highlighting key cost metrics and variance analysis.
• Conduct financial modeling and scenario analysis to support strategic decision-making and resource allocation.
• Utilize advanced Excel skills to develop and maintain complex data models for cost analysis and financial reporting.
• Extract and manipulate large datasets from various sources to support cost accounting and FP&A activities.
• Perform thorough data analysis to identify trends, patterns, and anomalies, offering actionable recommendations to improve cost accounting accuracy and efficiency.
• Provide insightful analytics to Senior management (Ops Accounting and FP&A).
QUALIFICATIONS
• Bachelor’s degree in Accounting, Finance, or related field; Master’s degree or CPA preferred.
• Minimum of 3 to 4 years of experience in cost accounting or related roles, preferably in a manufacturing or similar industry. Overall +10 years of experience in progressive accounting & financial analysis roles.
• Strong proficiency in Excel, including advanced functions such as VLOOKUP, PivotTables, and complex formulae.
• Experience with data modeling and analysis, preferably using tools such as Power Query, Power Pivot, or similar.
• Solid understanding of accounting, financial planning and analysis concepts, with the ability to translate financial data into actionable insights.
• Excellent analytical and problem-solving skills, with a keen attention to detail.
• Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
• Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Experience with ERP systems and cost accounting software is a plus.
• Continuous learning mindset with a willingness to adapt to evolving business needs and technology advancements.