Cost Accountant

Elabram; Johor; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading company in financial management located in Johor, Malaysia, seeks an expert in inventory management. The role involves maintaining accurate cost records in the ERP system, ensuring compliance with accounting standards, and collaborating across departments to enhance financial reporting processes. The ideal candidate will have experience in financial analysis and reporting, and be proficient in inventory systems. This position is essential for upholding inventory valuation integrity and supports key stakeholders with financial insights.

Responsibilities

• Own the maintenance and update of accurate standard cost in the Company’s ERP system.
• Develop into the Company expert on the Inventory Module within the ERP system.
• Ensure that inventory reserve policies are properly adhered to.
• Enforce proper accounting policies and methods in accordance with GAAP/IFRS.
• Respond to all audit requests regarding valuation and costing of inventory.
• Review and update standard labour and burden rates.
• Prepare and present weekly, monthly, and quarterly reports.
• Manage and coordinate monthly financial analysis presentations.
• Collaborate across functional departments for reporting improvements.
• Conduct ad-hoc special projects to assist management.

Job description

Responsibilities

Own the maintenance and update of accurate standard cost in the Company’s ERP system.

Develop into the Company expert on the Inventory Module within the ERP system and to understand fully the transaction flow of the valuation of inventory, related cost of sales and quantise on hand.

Ensure that inventory reserve policies are properly adhered to for all sites.

Enforce proper accounting policies and methods in accordance with GAAP/IFRS for inventory related accounts.

Responsible to respond to all audit requests when it comes to the valuation and costing of inventory.

Periodically review and update standard labour and burden rates.

Timely preparation and presentation of Weekly, Monthly and Quarterly reporting in addition to Ad‑hoc projects related to Valuation of Inventory and Contribution Margin by Vertical and Product Groups.

Manage and coordinate monthly financial analysis presentations to operations leadership. Hands‑on participation preparing financial reports for key stakeholders (Board of Directors, Lenders, etc.).

Collaborate across functional departments to drive continuous improvements in reporting, budgeting, and analysis processes.

Conduct ad‑hoc special projects to assist management in understanding business performance/processes.