Cost Accountant

Flintex Consulting; Johor Bahru; On-site; MYR 60,000 - 90,000; Full time

Job summary

Flintex Consulting in Johor Bahru, Malaysia, is seeking a Cost Accountant to monitor, analyze, and control production costs, ensuring accurate product costing and improved operational efficiency. The role covers cost accounting, inventory valuation, budgeting, and cross-functional collaboration across departments.

The ideal candidate holds a bachelor's degree in accounting/finance with 3–5 years in manufacturing finance, and professional qualifications are an advantage.

Qualifications

• Bachelor's degree in accounting, finance or cost accounting.
• Professional accounting qualifications are an advantage.
• Minimum 3–5 years of manufacturing experience in cost accounting or finance.
• Experience in steel, metal, heavy manufacturing or industrial sector preferred.

Responsibilities

• Prepare and maintain accurate product costing.
• Monitor manufacturing costs including raw materials, labour and overhead.
• Analyse production costs and identify cost-reduction opportunities.
• Perform cost allocation and ensure accurate recording of production costs.
• Conduct cost variance analysis and investigate deviations from budget or standard costs.
• Monitor inventory valuation and ensure accurate inventory costing.
• Reconcile raw materials, WIP, finished goods and scrap inventory.
• Prepare monthly cost reports and management reports.
• Support month-end and year-end closing related to inventory and cost accounting.
• Ensure compliance with internal controls and accounting standards.
• Collaborate with Production, Procurement, Warehouse, Engineering and Sales.
• Assist in pricing analysis with accurate cost data.

Skills

Cost accounting

Budgeting

Variance analysis

ERP systems

Cross-functional collaboration

Pricing analysis

Inventory management

Analytical skills

Education

Bachelor's degree in Accounting/Finance

ACCA/CIMA/CPA qualification (advantage)

Job description

Johor Bahru, Malaysia | Posted on 08/07/2026

Responsible for monitoring, analyzing, and controlling production costs to ensure accurate product costing and

improve operational efficiency.

Responsibility

Cost Accounting

• Prepare and maintain accurate product costing.
• Monitor manufacturing costs, including raw materials, consumables, labour, and overhead expenses.
• Analyse production costs and identify opportunities for cost reduction and process improvements.
• Perform cost allocation and ensure accurate recording of production costs.
• Conduct cost variance analysis and investigate significant deviations from budget or standard costs.

Inventory Management

• Monitor inventory valuation and ensure accurate inventory costing.
• Reconcile raw materials, work-in-progress (WIP), finished goods, and scrap inventory.
• Participate in monthly, quarterly, and annual stock counts.
• Investigate inventory discrepancies and recommend corrective actions.
• Prepare monthly cost reports, manufacturing performance reports, and management reports.
• Support month-end and year-end closing activities related to inventory and cost accounting.
• Ensure compliance with company accounting policies and financial reporting standards.

Budgeting & Analysis

• Assist in preparing annual budgets and production cost forecasts.
• Analyse manufacturing expenses and monitor departmental budgets.
• Provide financial analysis to support management decision-making.
• Evaluate the financial impact of process improvements, capital investments, and operational changes.

Internal Control & Compliance

• Ensure compliance with internal controls, accounting standards, and company policies.
• Support internal and external audits by providing required documentation and analysis.
• Review costing procedures and recommend improvements to enhance accuracy and efficiency.

Cross-Functional Collaboration

• Work closely with Production, Procurement, Warehouse, Engineering, and Sales departments to ensure accurate costing information.
• Assist in pricing analysis by providing accurate cost data.
• Support ERP system enhancements related to costing and inventory management.

Requirements

• Bachelor's Degree in Accounting, Finance, Cost Accounting, or a related discipline.
• Professional accounting qualifications (ACCA, CIMA, CPA, ICAEW, or equivalent) are an advantage.
• Minimum 3–5 years of experience in manufacturing industry for cost accounting, manufacturing accounting, or finance.
• Experience in the steel, metal, heavy manufacturing, or industrial sector is highly preferred.