Assistant Manager, Costing

HPMT INDUSTRIES; Shah Alam; On-site; MYR 90,000 - 130,000; Full time

Job summary

HPMT Industries is seeking a seasoned Costing Analyst to join our finance team in Shah Alam. You will own product costing, standard costing, BOM costing, and cost allocation within our ERP, ensuring accurate data for strategic decisions.

You will partner with Production, Purchasing, Engineering, and Sales to analyze costs, prepare management reports, and support budgeting, forecasting, and pricing analysis. Strong Excel and Acumatica experience preferred.

Qualifications

• Bachelor's degree in Finance, Accounting, Cost Accounting, or related field.
• Minimum 5 years' experience in costing or manufacturing finance.
• Strong knowledge of manufacturing costing, standard costing, BOM, cost variance analysis, and inventory costing.
• Experience in budgeting, forecasting, and management reporting is an advantage.
• Proficient in Microsoft Excel; experience with Acumatica ERP is an added advantage.
• Strong analytical, communication, and problem-solving skills.
• Ability to work independently, manage multiple priorities, and collaborate across departments.

Responsibilities

• Manage and maintain product costing, standard costing, BOM costing, and cost allocation within the ERP system.
• Analyze manufacturing costs, cost variances, and product profitability to support business decisions.
• Prepare costing reports, management reports, and financial analysis for management.
• Support budgeting, forecasting, new product costing, quotation costing, and pricing analysis.
• Work closely with Production, Purchasing, Engineering, Warehouse, Sales, and Finance to ensure accurate costing data.
• Monitor inventory costing, stock valuation, and cost movements, recommending cost-saving opportunities.
• Support ERP (Acumatica) costing enhancements, process improvements, and other ad hoc finance assignments.

Skills

Analytical skills

Communication skills

Problem-solving

Education

Bachelor's Degree in Finance, Accounting, Cost Accounting, or related field

Tools

Excel

Acumatica ERP

Job description

Company Description

HPMT Industries is a leading South-East Asia manufacturer of high-precision solid carbide cutting tools with over 40 years of industry experience. The company operates five commercial subsidiaries in China, Germany, and Malaysia, supported by a global distributor network in more than 35 countries. HPMT Industries focuses on delivering reliable, high-performance tooling solutions for diverse manufacturing sectors. The organization emphasizes quality, innovation, and long‑term partnerships with customers worldwide. HPMT Industries Sdn Bhd is headquartered in Malaysia and continues to expand its international presence.

Key Roles

• Manage and maintain product costing, standard costing, BOM costing, and cost allocation within the ERP system.
• Analyze manufacturing costs, cost variances, and product profitability to support business decisions.
• Prepare costing reports, management reports, and financial analysis for management.
• Support budgeting, forecasting, new product costing, quotation costing, and pricing analysis.
• Work closely with Production, Purchasing, Engineering, Warehouse, Sales, and Finance to ensure accurate costing data.
• Monitor inventory costing, stock valuation, and cost movements, recommending cost-saving opportunities.
• Support ERP (Acumatica) costing enhancements, process improvements, and other ad hoc finance assignments.

Requirements

• Bachelor's Degree in Finance, Accounting, Cost Accounting, or related field
• Minimum 5 years' experience in costing or manufacturing finance
• Strong knowledge of manufacturing costing, standard costing, BOM, cost variance analysis, and inventory costing
• Experience in budgeting, forecasting, and management reporting is an advantage
• Proficient in Microsoft Excel; experience with Acumatica ERP is an added advantage
• Strong analytical, communication, and problem‑solving skills
• Able to work independently, manage multiple priorities, and collaborate effectively across departments