Account Executive(Costing)

Gultech (Malaysia)Sdn Bhd; Kulim; On-site; MYR 60,000 - 90,000; Full time

Job summary

Gultech (Malaysia)Sdn Bhd in Kedah is seeking a Cost Accountant to manage cost accounting and inventory costing for our manufacturing operations. You will work with operations to standardize product costs, review BOM and routing hours, and present KPI dashboards to drive cost optimization.

You will perform monthly close for product cost, gross margins, and inventory reports; support budgeting and forecasting; act as a finance business partner to improve processes and ensure compliance with

Qualifications

• Bachelor's degree in accounting or equivalent.
• Minimum 3 years of cost accounting experience in manufacturing.
• Strong understanding of BOM and inventory cycles.
• Ability to communicate findings to management.

Responsibilities

• Manage cost accounting functions and inventory costing.
• Develop and maintain standard costs for products with operations.
• Review BOM and routing hours for process changes.
• Present manufacturing dashboard, yield and scrap KPI reporting.
• Analyze COGS variances and provide actionable insights.
• Support budgeting, forecasts, and financial reporting.
• Coordinate inventory counts and liaise with auditors.

Skills

Cost accounting

Inventory accounting

Budgeting & forecasting

COGS analysis

Financial reporting

Education

Bachelor's Degree in Accounting

Job description

Responsible for cost accounting functions and inventory accounting.

Work with operations team to develop and maintain standard costs for products.

Periodically review requirement of change for bill of material (BOM) and routing hours to support for operational process change

Present manufacturing dashboard, yield and scrap KPI reporting, to review with operations to communicate findings and drive for cost optimization and process improvement.

Responsible for monthly COGS variance detailed analysis, forecast bridging commentaries to identify root cause and provide actionable insights to the management.

Support annual budget, quarterly and monthly forecast preparation for COGS variances and manufacturing costs.

Be a finance business partner with manufacturing and operation team to support financial analysis on their improvement projects

Analyzing costs, pricing and sales result compared to business plans.

Implement procedures and policies for cost accounting.

Perform month end costing close in an accurate and timely manner.

Prepare monthly reporting for product cost, gross margins, inventory report and sales analysis.

Coordinate and perform monthly and annual inventory counts.

Actively review systems, process and automation for continuous attainment of work efficiency.

Implement cost-saving strategies, including process improvements and material usage efficiency.

Assist in AP, AR, fixed assets management, budget, cash flow forecasting and tax computation.

Liaise with auditor, tax agent and government bodies.

Perform other ad-hoc tasks as assigned by management as and when required.

Job Requirements

• Bachelor’s Degree in Accounting or equivalent.
• Minimum 3 years of relevant experience in cost accounting in a manufacturing environment, financial accounting and reporting
• Business acumen with understanding of manufacturing process and end-to-end inventory cycle.
• High organizational and time management skills with ability to prioritize effectively in a fast-paced environment.
• Familiarity with financial regulations and accounting standards applicable to the industry.
• Having an auditing background and full-set accounting experience would be an added advantage.