Cost Accountant

Cost Accountant

San Pablo Colleges Medical Center
Work Location: San Pablo City, Laguna

Job Description

We are looking for a Cost Accountant who will be responsible for cost accounting, pricing analysis, financial reporting, and cost-efficiency initiatives. The position will provide financial insights and recommendations to support management decision-making and the efficient operation of the organization.

Key Responsibilities

Cost Accounting

• Develop and maintain the organization's cost accounting systems, records, and documentation.
• Review and update costing policies and procedures.
• Analyze product and service costs and compare standard costs with actual costs.
• Analyze changes in goods and services and determine their impact on costs.
• Prepare cost estimates for new and proposed products or services.
• Analyze profit margins and identify factors affecting pricing and profitability.
• Provide management with cost and profitability reports.
• Coordinate with various section heads to identify cost-saving opportunities.
• Ensure cost information is regularly updated and reflected in pricing decisions.

Pricing

• Coordinate with relevant sections to benchmark hospital products and services and assess price competitiveness.
• Review and recommend appropriate pricing adjustments in accordance with pricing policies and management directives.
• Coordinate with the Business Development Unit and Marketing Team in developing packages and promotions.
• Review proposed packages and promotions and provide recommendations to Finance Management and Top Management.
• Monitor the implementation and performance of approved pricing projects, packages, and promotions.
• Monitor applicable pricing regulations and ensure compliance with relevant laws, regulations, and memoranda.

Financial Analysis and Reporting

• Monitor and report the performance of launched projects, packages, and promotions.
• Conduct investment analysis for major capital expenditures, including revenue-generating equipment, systems, and infrastructure.
• Conduct cost-efficiency studies for hospital operating expenses and recommend improvements to management.
• Prepare other financial and management reports as required.

Qualifications

• Graduate of Bachelor of Science in Accountancy or Bachelor of Science in Financial Management.
• CPA is an advantage.
• Preferably with at least 1 year of experience in Pricing and Costing.
• Strong background in Cost Accounting, Pricing, and Financial Analysis.
• Excellent analytical and problem-solving skills.
• Good understanding of accounting principles and business operations.
• Detail-oriented, organized, and highly meticulous.
• Strong time management skills and ability to meet tight deadlines.
• Excellent written, oral, and presentation skills.
• Able to work effectively under pressure.
• Capable of working independently and as part of a team.