Assistant Accounting Manager

Armstrong Asia; Kulai; On-site; MYR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented finance professional to oversee cost accounting and enhance operational efficiency. This dynamic role involves analyzing gross margins, optimizing costs, and collaborating with various departments to ensure accurate cost allocation. The ideal candidate will possess strong analytical skills, a degree in Finance or Accounting, and at least five years of relevant experience in manufacturing cost accounting. Join a forward-thinking company that values innovation and continuous improvement, and play a key role in driving business strategy through insightful financial analysis.

Qualifications

• 5+ years experience in accounting/finance with a focus on manufacturing cost accounting.
• Strong understanding of costing and financial planning & analysis.

Responsibilities

• Manage standard cost accounting and analyze variances.
• Prepare monthly operational reports on costs and efficiency.
• Coordinate inventory activities and ensure overall accuracy.

Skills

Cost Accounting

Financial Analysis

Problem-Solving

Communication Skills

Analytical Skills

Education

Degree in Finance/Accounting

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

This role is responsible for handling the full spectrum of finance costing for all the products and analyze gross margin included operation efficiency, cost optimization, resources analysis, variance and scrap analysis to provide insight information to the stakeholders for margin improvement, business strategy and decision making.

Responsibilities include:

• Setting and maintain standard cost accounting system and analyze variances.
• Set up procedures related to cost accounting.
• Ensure accurate allocation of costs to products.
• Prepare monthly operational reports explaining material, labor and overhead efficiency and productivity costs in comparison to planned.
• Performs detailed analysis on inventory costs to develop the standard costs and explain the inventory variances.
• Coordinate inventory related activities with management and Inventory Control, including analysis, reporting, cycle count activities; inventory adjustment needs; and help ensure overall inventory accuracy.
• Works with Sales team to analyze, discuss and suggest adequate pricing based on operational costs within the facility.
• Work closely with the production and procurement departments to understand and manage manufacturing and procurement costs
• Support external audit as relates to cost accounting.
• Continuously search for process improvement to increase efficiencies and productivity. Recommending changes to the company's processes and policies to reduce costs and improve process efficiency.
• Verifying cost saving projects from operations and non-operations

To be successful in this role, you should possess:

• Minimum Degree in Finance/Accounting
• Minimum 5 years of experience within accounting/finance with specialty in manufacturing cost accounting
• Detailed-oriented and strong problem-solving skills
• Excellent written and verbal communication skills
• Independent & fast learner, able to adapt to fast-paced environment and has strong analytical skills on cost data.
• Strong understanding & experience in costing & FP&A
• Strong skills with Microsoft Office, including Excel, Word & PowerPoint
• Bilingual in English and Mandarin is a must as you will be required to collaborate with our counterparts in China.