COST ACCOUNT

ASTRODYNE TDI SDN. BHD.; Seberang Perai; On-site; MYR 60,000 - 110,000; Full time

Job summary

ASTRODYNE TDI SDN. BHD. is seeking a cost/inventory accounting professional to own standard costing, maintain inventory valuation, and perform variance analysis in a manufacturing environment.

You will manage monthly close processes, cycle counts, and stock takes, ensuring accurate COGS and landed-cost entries. Strong Excel/ERP skills and English/Bahasa Malaysia proficiency are essential.

Qualifications

• Bachelor's degree in Accounting or Finance as required.
• 3+ years in cost or inventory accounting in manufacturing (electronics preferred).
• Strong knowledge of standard and absorption costing, MFRS 102 / IAS 2 inventory accounting, multi-currency USD reporting.

Responsibilities

• Create and maintain standard costs (materials, labor, overhead) for new and existing products; perform cost roll-ups; set overhead absorption rates and ensure BOM/routing accuracy.
• Prepare monthly valuation of raw materials, WIP and finished goods; assess excess/obsolete/slow-moving stock; reconcile sub-ledger to GL.
• Analyze purchase price, usage, labor, overhead variances; explain drivers; coordinate corrective actions with Procurement, Production and Planning.
• Plan and oversee cycle counts and year-end stock takes; investigate discrepancies; post adjustments with approvals.
• Post and review COGS, absorption, WIP, scrap and landed-cost journals; deliver cost and inventory package by close deadlines.
• Produce margin reports, cost-per-unit trends and inventory KPIs; support budget and forecast cost inputs.
• Document and test inventory/costing controls; support audits and costing queries.
• Automate recurring reports and strengthen ERP cost-flow/master data discipline.

Skills

Analytical thinking

Attention to detail

English communication

Bahasa Malaysia communication

Education

Bachelor's degree in Accounting or Finance

CA/ACCA/CPA/CMA or equivalent

Tools

Epicor ERP

Excel (Power Query)

Power BI / BI tools

Job description

Purpose

Own the accuracy of product cost and inventory value, and turn plant data into clear margin and cost insights for operations and management.

Key responsibilities

Standard costing

Build and maintain standard costs (material, labour, overhead) for new and existing products; run annual and mid-year cost roll-ups; set overhead absorption rates and review BOM and routing accuracy with Engineering.

Inventory valuation

Prepare monthly valuation of raw material, WIP and finished goods; assess excess, obsolete and slow-moving stock and propose provisions (NRV and aging basis); reconcile the inventory sub-ledger to the GL.

Variance analysis

Analyse purchase price, usage, labour, overhead and yield variances; explain drivers and agree corrective action with Procurement, Production and Planning.

Cycle count and year end stock take

Plan and oversee cycle counts and year-end stock takes; investigate and resolve discrepancies; post adjustments with proper approvals.

Month-end close

Post and review COGS, absorption, WIP, scrap and landed-cost (freight, duty) journals; deliver the cost and inventory package by close deadlines.

Reporting and insight

Produce product, customer and plant margin reports, cost-per-unit trends and inventory KPIs (turns, days on hand, ageing); support budget and forecast cost inputs.

Controls and audit

Document and test inventory and costing controls; support internal and external audit, including inventory count observation and costing queries.

Improvement

Automate recurring reports, strengthen ERP cost-flow and master-data discipline.

Qualifications and experience

Bachelor's degree in Accounting or Finance; CA, ACCA, CPA, CMA or equivalent preferred.

3+ years in cost or inventory accounting in a manufacturing setting (electronics preferred).

Strong knowledge of standard and absorption costing, MFRS 102 / IAS 2 inventory accounting and multi-currency (USD) reporting.

Skills

Advanced Excel (pivots, lookups, Power Query); ERP experience (Epicor or similar); BI tools a plus.

Analytical, detail-oriented and confident challenging numbers with plant and supply chain teams.

Clear written and spoken in English and Bahasa Malaysia.

Success measures

Inventory book-to-physical accuracy, cost roll-up completed on time, variance explanations delivered within the close calendar, and zero repeat audit findings.