Cost Accountant

Masimo.; Pasir Gudang; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading company in the industry is seeking a Cost Accountant/Analyst to join their financial planning team. The role is crucial for product costing, standard cost setup, and providing insights for decision-making. The successful candidate will work closely with various departments to maintain financial accuracy, prepare budgets, and conduct in-depth cost analysis in a dynamic manufacturing environment.

Qualifications

• Minimum 3 years experience in accounting/finance, especially in manufacturing cost accounting.
• Good command of English and strong interpersonal skills.
• Strong understanding of cost accounting principles.
• Ability to work with other departments.

Responsibilities

• Review and analyze monthly job costing reports and stock assessments.
• Develop and maintain scorecard reports for financial performance.
• Prepare quarterly reports for internal and external audits.
• Coordinate inventory activities and ensure overall inventory accuracy.

Skills

Interpersonal skills

Cost accounting knowledge

Analytical skills

Detail-oriented

Tools

Microsoft Excel

Oracle ERP

Expandable

Job description

The Cost Accountant/Analyst is a key contributor to the financial planning and analysis team, specializing in product costing, standard cost setup, and detailed cost analysis. This role involves meticulous review of monthly job costing, stock assessments, and collaboration with various departments to prepare accurate forecasts, budgets, and cash flow projections. The Cost Accountant/Analyst plays a pivotal role in providing valuable insights for decision-making and maintaining financial accuracy within the organization. Supports the accountant in the monthly closure process and supports on the preparation of reports required for internal and external audits.

Duties & Responsibilities:

• Investigate and follow up the largest material variations identified on the weekly report.
• Develop and maintain scorecard reports to track key performance indicators related to costs and financial performance.
• Review and analyze monthly job costing reports to track actual costs against budgeted costs.
• Conduct monthly stock reviews to ensure accurate valuation and reporting.
• Support on monthly closure process.
• Prepare quarterly reports required for internal and external audits.
• Coordinate inventory related activities with management and Inventory Control, including analysis, reporting, cycle count activities (such as blind counts); inventory adjustment needs; and help ensure overall inventory accuracy.
• Ad-hoc duties as assigned.

Minimum Qualifications:

• Good command of English along with strong interpersonal skills.
• Has strong cost accounting knowledge.
• Minimum 3 years of experience within accounting/finance with specialty in manufacturing cost accounting.

Preferred Qualifications:

• Advanced proficiency in Microsoft Excel and financial modeling.
• Knowledge/experience in Oracle ERP system and Expandable.
• Knowledge of accounting procedures and practices, preferably in a manufacturing environment. A strong understanding of cost accounting principles and attention to detail is required.
• Possess good analytical and reporting skills, have good understanding in manufacturing cost structure.
• Ability to teamwork with other departments.