Cost Accountant

Teleflex; Kamunting; On-site; MYR 45,000 - 65,000; Full time

Job summary

A global medical technology provider in Malaysia is seeking an experienced financial professional to manage cost analysis and reporting responsibilities. The role involves establishing standard costs, monitoring variances, and assisting in budgeting and forecasting processes. Candidates should possess a degree in Accounting or Finance and have at least 2 years of relevant experience. Strong analytical skills and the ability to collaborate on process improvements are essential for success in this position.

Qualifications

• 2+ years working experience in a related field.
• Strong analytical and problem-solving skills.
• Experience with cost reporting and compliance.

Responsibilities

• Establish standard costs based on historical data.
• Monitor variances between standard and actual costs.
• Assist in budgeting and forecasting overhead costs.
• Implement inventory control procedures.
• Prepare cost reports and metrics for management.
• Collaborate on process improvements and cost optimization.

Skills

Variance Analysis

Budgeting and Forecasting

Process Improvement

Inventory Control

Education

Degree in Accounting / Finance

Job description

Expected Travel

None

Requisition ID

12792

About Teleflex Incorporated

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™, LMA™, Pilling™, QuikClot™, 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.

Principal Responsibilities

• 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

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

Note

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

Equal Opportunity Statement

Teleflex is an equal opportunities employer.