Cost Accountant

Teleflex; Kamunting; On-site; MYR 60,000 - 90,000; Full time

Job summary

Teleflex is seeking a Cost Accountant to join its Global Operations team in Kamunting, Malaysia. This role involves standard cost setting, variance analysis, budgeting, and inventory control to ensure accuracy in cost reporting. Ideal candidates will have a degree in Accounting/Finance and over two years of experience in a similar role, contributing to process improvements and compliance in all cost-related activities.

Qualifications

• Minimum 2 years of relevant experience required.
• Strong analytical skills and attention to detail.
• Ability to work with cross-functional teams.

Responsibilities

• Establish standard costs and conduct variance analysis.
• Assist in developing budgets and forecasts.
• Implement inventory control procedures.

Skills

Variance Analysis

Budgeting

Forecasting

Cost Reporting

Process Improvement

Compliance

Education

Degree in Accounting / Finance

Job description

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As a global provider of medical technologies, Teleflex is driven by our purpose to improve the health and quality of people’s lives. Through our vision to become the most trusted partner in healthcare, we offer a diverse portfolio with solutions in the therapy areas of anesthesia, emergency medicine, interventional cardiology and radiology, surgical, vascular access, and urology. We believe that the potential of great people, purpose-driven innovation, and world-class products can shape the future direction of healthcare.

Teleflex is the home of Arrow, Barrigel, Deknatel, QuikClot, LMA, Pilling, Rüsch, UroLift and Weck – trusted brands united by a common sense of purpose.

At Teleflex, we are empowering the future of healthcare. For more information, please visit teleflex.com.

Global Operations - Global Operations is a complex and diverse organization within the company which is responsible for product fulfilment to all our customers from end to end. We pride ourselves on being totally Customer Centric in our unrelenting focus on Improving Quality, Service and Value as perceived by our customers. Our employees are dedicated to the Global Operations Enterprise Excellence journey. Join a dynamic, growing team that offers healthcare providers an array of medical technology solutions that make a difference in patients’ lives.

Position Summary

Standard Cost Setting: Establish standard costs for materials, labor, and overhead based on historical data, industry benchmarks, and other relevant factors.
Variance Analysis: Monitor and analyze the differences (variances) between standard costs and actual costs incurred during production. Investigate and explain significant variances to management.
Budgeting and Forecasting: Assist in the development of budgets and forecasts mainly focus on overhead by providing input on cost-related factors. Monitor actual performance against budgeted targets and provide explanations for any deviations.
Inventory Control: Implement and maintain inventory control procedures to ensure accurate recording of inventory levels and valuation in accordance with standard costs.
Cost Reporting: Prepare regular cost reports and performance metrics to track key cost drivers and identify areas for improvement. Present findings to management and provide recommendations for cost-saving initiatives.
Process Improvement: Collaborate with cross-functional teams to identify opportunities for process improvements and cost optimization. Implement cost-saving initiatives and efficiency enhancements as appropriate.
Compliance and Controls: Ensure compliance with relevant accounting standards, internal controls, and regulatory requirements in all cost-related activities. Identify and address any compliance issues or control weaknesses.

Education / Experience Requirements

Qualification :Degree in Accounting / Finance
Experience : 2 years + working experience

Specialized Skills / Other Requirements

Note: As with all positions, due to the dynamic nature of Teleflex Medical business, key responsibilities may evolve and change over time.

Teleflex is an equal opportunities employer.

At Teleflex, we follow a comprehensive hiring process. We do not accept unsolicited resumes from agency recruiters or 3rd party firms. We do not make unsolicited job offers. We do not ask for money or require equipment purchase up-front.