Assistant Manager, Finance & Cost Management

Randstad Malaysia; Pasir Gudang, Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Randstad Malaysia is seeking a seasoned finance professional to lead costing, stock valuation, and profitability analysis across product groups in a manufacturing setting.

You will own standard costing, budgeting, variance analysis, and internal controls, while coordinating tax and statutory filings. Strong leadership and ERP skills are essential for this role.

Qualifications

• Bachelor degree in Accounting or Finance; professional qualifications preferred (ACCA/CIMA/CPA/MIA).
• Minimum 5 years in costing, accounting or management reporting in manufacturing.
• Strong knowledge of standard costing, inventory controls, budgeting and variance analysis.

Responsibilities

• Costing, stock valuation and product profitability analysis across product groups.
• Prepare segment P&L reporting, budgeting, and rolling forecast variance analyses.
• Review payments, supplier invoices, POs and vouchers for accuracy and control.
• Ensure statutory accounting closures and coordinate tax computations and audits.
• Lead inventory governance and develop junior team members.

Skills

Analytical thinking

Problem solving

Cross-functional communication

Microsoft Office

ERP systems

Education

Bachelor degree in Accounting/Finance

ACCA/CIMA/CPA/MIA or equivalent

Tools

ERP systems

Microsoft Office

Job description

Key Responsibilities

• Costing, Stock Valuation & Product Profitability
  • Assist in planning, organizing, and monitoring product costing systems, stock valuations, and inventory reporting.
  • Prepare and review monthly stock valuations and costing for work-in-progress (WIP) and finished goods.
  • Maintain cost allocation bases for raw materials, production costs, and factory overhead absorption rates.
  • Analyze product profitability across product groups (including distilled, fractionated, and hydrogenated fatty acids, glycerine, and other segments).
  • Highlight negative-margin contracts, abnormal variances, and cost control risks to management.
• Management Reporting & Budgeting
  • Prepare segment P&L reporting, support annual budget formulation, and perform rolling forecast variance analyses.
  • Monitor key cost drivers, inventory movements, and production cost trends to recommend corrective actions.
• Payments, Financial Controls & Risk Management
  • Review payment proposals, supplier invoices, POs, delivery orders, weight tickets, and receiving vouchers for accuracy and procedural compliance.
  • Identify control gaps, strengthen internal governance, and ensure department readiness for internal/external audits.
  • Coordinate corporate insurance renewals and ensure coverage adequately protects company assets.
• Accounting, Tax & Statutory Compliance
  • Oversee transaction recordings, journal classifications, and month-end/year-end accounting closures.
  • Review accounting schedules, reconciliations, accruals, and provisions.
  • Assist with statutory financial statement preparations and coordinate audit query responses.
  • Liaise with tax agents and regulatory authorities on corporate income tax, Sales and Service Tax (SST), and withholding tax computations and submissions.
• Inventory Governance & Team Leadership
  • Review stock write-offs, stock adjustments, and high-level/slow-moving inventory risks alongside Operations, Procurement, and Warehouse teams.
  • Directly supervise, guide, and develop junior team members.

Job Requirements

• Education: Degree in Accounting, Finance, or a related discipline. Professional accounting qualifications (ACCA, CIMA, CPA, MIA, or equivalent) are highly preferred.
• Experience: Minimum 5 years of relevant working experience in costing, accounting, or management reporting within a manufacturing environment. Experience in palm oil refining, oleochemicals, chemicals, or process manufacturing is highly preferred.
• Technical Knowledge:
  • Strong foundation in standard costing, product margin analysis, inventory controls, budgeting, and variance analysis.
  • Hands‑on understanding of internal control frameworks, payment verification procedures, and audit readiness.
  • Sound knowledge of MFRS/IFRS accounting standards and Malaysian statutory tax regulations (Income Tax, SST, Withholding Tax).
• Systems & Soft Skills:
  • Proficiency in accounting/ERP systems and Microsoft Office applications.
  • Strong analytical, problem‑solving, and cross‑functional communication skills.
  • Demonstrated team leadership, attention to detail, and a continuous improvement mindset.

skills

no additional skills required

qualifications

no additional qualifications required

education

Bachelor Degree