Cost Accountant

Ranpak; Johor Bahru; On-site; MYR 67,000 - 100,000; Full time

Job summary

Jora Malaysia is seeking a Cost Accountant to manage product costing, variance analysis, and inventory accounting to support manufacturing operations.

The role requires 2–5 years of cost accounting experience in a manufacturing setting, with strong Excel skills and familiarity with SAP or ERP systems. Collaboration with Production, Engineering, and Supply Chain is essential for cost reduction initiatives.

Qualifications

• Diploma or degree in relevant fields (Accounting/Finance or Warehousing/SC)
• Professional qualifications (ACCA/CIMA/CPA/CMA) preferred or in progress
• 2–5 years cost accounting experience, preferably in manufacturing
• Experience with standard costing and variance analysis is highly valued

Responsibilities

• Manage product costing, cost control, variance analysis, and inventory accounting
• Support month-end closing and cost-related journals in SAP
• Prepare various cost reports and variance analyses across departments
• Monitor and analyze production costs, efficiency, and yield
• Assist with cost reduction initiatives and NPI
• Collaborate with Production, Engineering, Supply Chain, and Procurement

Skills

Analytical

Problem solving

Cross-functional

Communication

Excel

Independence

Deadline-driven

Education

Diploma in Warehouse Management

Bachelor’s Degree in Accounting

ACCA/CIMA/CPA/CMA (preferred)

Tools

SAP

Blackline

CCB/Costing software

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

Responsibilities

• Oversee daily warehouse activities, including receiving, storing, and dispatching goods.
• Cost simulation of new or existing product costing.
• Perform variance analysis (material, labor, overhead) and investigate cost deviations.
• Analyze production costs and finished goods valuation.
• Support product costing, new product launches (NPI), and cost reduction initiatives.
• Monitor and analyze material and machine efficiency and yield.
• Analyze PPV and production variance.
• Cost Reporting and Closing:
• Support month-end closing in SAP, including cost-related journals and reconciliations.
• Prepare cost center reports, paper consumption report and production order variance report, PPV report.
• Preparation of annual budget, annual new standard cost, labor hour and activity rate calculation.
• Ensure US SOX compliance with company accounting policies.
• Inventory Controls:
• Preparation of inventory report. Monitor inventory movements, slow-moving and obsolete stock provisions.
• Participate in physical inventory counts, cycle counts, and audits.
• Maintain strong internal controls over costing and inventory processes.
• Support external and internal audits.
• Business Partnering:
• Work closely with Production, Engineering, Supply Chain, and Procurement teams.
• Provide financial insights to support cost reduction, make-or-buy, and process improvement / Kaizen initiatives.
• Support ERP costing modules (e.g., SAP, Blackline, CCB Changed Control Board).

MAIN TASKS

• The Cost Accountant manages product costing, cost control, variance analysis, inventory accounting, and month-end reporting to provide accurate cost information that supports manufacturing operations and management decision-making.

PROFILE

• Diploma in Warehouse Management, Supply Chain, or related field or
• Bachelor’s Degree in Accounting, Finance, or related field.
• Professional qualifications (ACCA, CIMA, CPA,CMA) are preferred or in progress.
• Minimum of 2–5 years of experience in cost accounting, preferably in a manufacturing environment.
• Experience with standard costing and variance analysis is highly valued.
• Exposure to MNC or factory-based operations is an advantage.
• Strong analytical and problem-solving skills.
• Good understanding of manufacturing cost structures.
• Proficient in Microsoft Excel; experience with ERP systems is an advantage.
• Good communication skills and ability to work with cross-functional teams.
• Ability to work independently and meet tight deadlines.