Accounting & Finance Executive (Costing & Inventory Management)

MENICON MALAYSIA SDN. BHD.; Kedah; On-site; MYR 39,000 - 67,000; Full time

Job summary

MENICON MALAYSIA SDN. BHD. is seeking an Accounting & Finance Executive focused on costing and inventory management.

You will review product costing, monitor variances, and ensure accurate month-end closing. Responsibilities include BOM and routing analysis, factory overhead allocation, and regular inventory counts. The role requires a diploma or degree in accounting/finance with at least 2 years in manufacturing.

Qualifications

• Diploma or Degree in Accounting/Finance or higher.
• Preferable minimum 2 years of working experience in manufacturing industry.
• Self-motivated, highly responsible, committed, proactive, and able to meet tight deadlines.
• Costing and inventory management knowledge, Microsoft Excel, ERP proficiency, analytical and problem-solving skills.

Responsibilities

• Review product costing, including BOM, routing, material, labour, and machine costs.
• Monitor production/work order costs and variances and investigate abnormal usage.
• Analyse material, labour, overhead, yield, scrap, and rework variances.
• Ensure work orders are properly ended and financially closed.
• Perform factory overhead allocation and monitor overhead absorption.
• Monitor material consumption, production efficiency, yield, scrap, and wastage.
• Prepare monthly costing and variance reports for management.
• Conduct monthly inventory stock counts and investigate stock discrepancies.
• Perform month-end inventory evaluation and closing for raw materials, WIP, and finished goods.
• Reconcile inventory balances with the General Ledger and monitor inventory adjustments.
• Support other costing, inventory, and month-end closing activities as required.
• Perform other tasks assigned by the superior.

Skills

Costing

Inventory management

Microsoft Excel

Analytical thinking

Problem solving

Education

Diploma or Degree in Accounting/Finance or higher

Tools

ERP systems

Job description

Accounting & Finance Executive (Costing & Inventory Management)

Responsible for product costing, inventory control, cost analysis, and month-end inventory closing.

Job Responsibilities

1. Review product costing, including BOM, routing, material, labour, and machine costs.

2. Monitor production/ work order costs and variances and investigate abnormal usage.

3. Analyse material, labour, overhead, yield, scrap, and rework variances.

4. Ensure work orders are properly ended and financially closed.

5. Perform factory overhead allocation and monitor overhead absorption.

6. Monitor material consumption, production efficiency, yield, scrap, and wastage.

7. Prepare monthly costing and variance reports for management.

8. Conduct monthly inventory stock counts and investigate stock discrepancies.

9. Perform month-end inventory evaluation and closing for raw materials, WIP, and finished goods.

10. Reconcile inventory balances with the General Ledger and monitor inventory adjustments.

11. Support other costing, inventory, and month-end closing activities as required.

12. Perform other tasks assigned by the superior.

Qualifications

1. Education level: Diploma or Degree in Accounting/Finance or higher.

2. Year(s) of Experience: Preferable minimum 2 years of working experience in manufacturing industry.

3. Capability: Self-motivated, highly responsible, committed, proactive, and able to meet tight deadlines.

4. Skill(s): Costing and inventory management knowledge, Microsoft Excel, ERP proficiency, analytical and problem-solving skills.