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Title:  Product Cost Analyst

Job ID:  50161
Country:  Philippines
City:  Malvar, Batangas
Professional area:  Accounting & Finance
Contract type:  Permanent
Professional level:  Experienced

Malvar, Batangas, BTG, PH, 4233


We’re JTI, Japan Tobacco International, and we believe in freedom

We think that the possibilities are limitless when you’re free to choose. We’ve spent the last 20 years innovating and creating new and better products for our consumers to choose from. It’s how we’ve grown to be present in 130 countries, and how we’ve grown from 40 to 4,000+ employees in the Philippines since 2009.
But our business isn’t just business, our business is our people. Their talent. Their potential. We believe that when they’re free to be themselves, to grow, travel and develop, amazing things can happen for our business. That’s why our employees, from around the world, choose to be a part of JTI. It’s why 9 out of 10 would recommend us to a friend, and why we’ve been recognized as INVESTORS IN PEOPLE in the Philippines.


It’s the perfect moment for you to #JoinTheIdea. We’re opening our Global Business Service center in the heart of BGC Manila and looking for more than 300 bright minds to join a global multinational with an exciting start-up vibe.




Responsible for Standard Cost Maintenance, Variance Analysis, Financial Forecast & Annual Plan of CMA / Licensees (Vietnam / Nepal). Moreover, he / she will be responsible for Inventory Management & other tasks supporting PHP5.



  • Responsible for Quarterly Reconciliation Report for Licensee (Vietnam). Quarterly Variance Analysis on Standard & Actual Cost was carried out in line with the Market Report.

  • To liase with colleagues from other departments to get a detailed understanding on the variances and to ensure that the variances are properly explained.

  • Knowledge on advanced excel is essential to reduce hours and human errors. To comply with all JSOX requirements.

  • Responsible for preparing Annual Strategy Plan (ASP) for the company in systematic, effective & timely manner. It is achieved by working closely with Material Planner and PPO in gathering BOM's and material prices on time.  

  • Coordination of the material prices, especially on packaging material with lot size scales will be held after the final prices are furnished by PPO.  Price increase from year to year must be in accordance with Global Procurement Directions.

  • Calculation of material standard cost will be carried out outside of the system.  

  • Knowledge on advanced excel will be used to minimise errors and to facilitate sufficient checks in ensuring accuracy of the data.

  • Detailed analysis on price movements  will also be carried out in excel and with detailed explanations.  

  • Maintain and monitor standard cost for Group Valuation of Licensees in systematic, effective & timely manner. Maintenance of the Accounting and Costing view should be done accurately at the right time. 

  • Year End Activities:Updating the new standard cost for the above plants in the system for the coming year - Standard Cost Roll Out, prepare new excel templates based on the new standard costs and BOMs for the coming year & to derive the Actual Cost at year end.

  • Responsible for Cost Estimates of Licensees (Vietnam & Nepal) by ensuring updated costs to be applied in the calculation and BOMs are aligned & correct based on inputs from Factory Lead / Planner.

  • Involve in stock count as per designated area & Ad - Hoc assignment from superior. To comply with all JSOX requirements & EHS Policies and Procedures.




  • Bachelor's Degree in Accounting and Finance or any related equivalent course is preferred.
  • Minimum working experience of 2 years in accounting and costing in manufacturing environment
  • Good command of speaking and writing English language.
  • With strong collaboration skills, flexible and can work with cross functional team
  • SAP knowledge and experience will be added advantage.
  • Amenable to work in Lima, Batangas



  • Work in JTI Asia Manufacturing Corporation
  • Be covered with medical insurance, with dependent coverage and medicine allowance
  • Receive bonuses and cash allowances such as meal and rice allowance
  • Well-being programs for employees
  • Opportunities for your career growth
  • Recreational facilities in the office - Fitness Gym, Basketball/Badminton courts
  • Be part of a truly international and diverse company with over 40,000 employees in 130 countries.
  • Experience the culture of an Investors in People certified company
  • Find out why 9 out of 10 employees recommend us to a friend.
  • Understand why 9 out of 10 employees say they feel free to be themselves.



  • Thank you very much for your interest in the role. You are welcome to apply.
  • We will make sure every candidate will receive a reply within 2 weeks after the application deadline.


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