Cost Accountant

Agensi Pekerjaan KELLY OCG Sdn Bhd; Penang; On-site; MYR 90,000 - 120,000; Full time

Job summary

Our Client in Malaysia's Penang is seeking a Senior Cost Accountant to help establish and run a Global Finance SSC, focusing on standard costing, month-end close, and balance sheet support for manufacturing entities.

You will contribute to knowledge transfer, process standardization, and SSC tooling using Oracle ERP or SAP, with 5–7 years cost accounting experience required. The role involves independent work and collaboration with Site Finance teams.

Qualifications

• Bachelor's degree in Accounting, Finance, or equivalent is preferred.
• Professional qualification such as ACCA, CPA, or CIMA is an advantage.
• 5 to 7 years of manufacturing cost accounting experience preferred.
• Oracle ERP or SAP cost accounting experience strongly preferred.

Responsibilities

• Perform standard cost maintenance and updates based on approved inputs.
• Execute routine costing transactions in Oracle ERP.
• Prepare inventory valuation, costing, and movement reports.
• Prepare inventory reserve and PII schedules using approved methodology.
• Validate costing data and highlight unusual variances for Site Finance review.
• Prepare recurring costing-related balance sheet schedules assigned to SSC.
• Run pre-close report reviews and provide supporting output to Site Finance.
• Support standardized close activities assigned to SSC.
• Monitor completion of assigned close tasks and elevate issues promptly.
• Prepare recurring management reports and ad hoc costing analyses.
• Support trend analysis on inventory and manufacturing costs.
• Provide information needed for business reviews, subject to site ownership and approval.
• Maintain supporting documentation and clear audit trails for assigned activities.
• Participate in knowledge transfer from site and regional teams during SSC setup.
• Document SOPs, desktop procedures, and work instructions.
• Help standardize costing reports and templates across supported entities where practical.
• Support UAT and system improvement activities for costing-related processes.
• Maintain a knowledge repository for transferred activities and standard reports.
• Recommend process improvements to improve efficiency, consistency, and control.
• Identify opportunities to automate manual or repetitive activities.
• Support KPI development and SSC performance tracking as the team grows.

Skills

Analytical skills

Problem-solving

Independent work

Stakeholder management

Communication

Education

Bachelor's degree in Accounting or Finance

ACCA/CPA/CIMA

Tools

Oracle ERP

SAP

Job description

The Senior Cost Accountant will be one of the initial hires in the Global Finance Shared Services Center (SSC) in Penang. The role supports global manufacturing entities by performing standardized costing activities, preparing month-end and balance sheet support schedules, and helping establish a stable and scalable SSC operating model. As part of the initial setup, the role will also support knowledge transfer, documentation, process standardization, and stabilization activities as work transitions into the SSC.

Key Responsibilities

Costing Operations

Perform standard cost maintenance and cost updates based on approved inputs.

Support annual and ad hoc standard cost roll activities.

Execute routine costing transactions in Oracle ERP.

Prepare inventory valuation, costing, and inventory movement reports for supported entities.

Prepare inventory reserve and Profit in Inventory (PII) schedules using approved methodology.

Validate costing data and highlight unusual variances for Site Finance review.

Month-End Close and Reporting

Prepare recurring costing-related balance sheet schedules assigned to SSC.

Run pre-close report reviews and provide supporting output to Site Finance.

Support standardized close activities assigned to SSC.

Monitor completion of assigned close tasks and elevate issues promptly.

Prepare recurring management reports and ad hoc costing analyses.

Support trend analysis on inventory and manufacturing costs.

Provide information needed for business reviews, subject to site ownership and approval.

Audit and Controls

Support audit requests by providing organized backup and schedules.

Maintain supporting documentation and clear audit trails for assigned activities.

Process Standardization and Transition

Participate in knowledge transfer from site and regional teams during SSC setup.

Document SOPs, desktop procedures, and work instructions.

Help standardize costing reports and templates across supported entities where practical.

Support UAT and system improvement activities for costing-related processes.

Maintain a knowledge repository for transferred activities and standard reports.

Recommend process improvements to improve efficiency, consistency, and control.

Identify opportunities to automate manual or repetitive activities.

Support KPI development and SSC performance tracking as the team grows.

Qualifications

Bachelor's degree in Accounting, Finance, or equivalent is preferred.

Professional qualification such as ACCA, CPA, or CIMA is an advantage.

5 to 7 years of manufacturing cost accounting experience preferred.

Oracle ERP or SAP cost accounting experience strongly preferred.

Skillsets

Strong analytical and problem-solving skills.

Ability to work independently in a build-and-transition environment.

Clear communication and stakeholder management.

Process documentation and continuous improvement mindset.

Communication and Internet technology are constantly changing our lives. Our Client is providing services and technology that help their customer to stay ahead in life, whether at work, at home or at play. Our Client, is the leading Mobile Tele-Communications Service Provider in Malaysia with over 18.4 million mobile subscribers as of to date. Our Client was granted licences to operate a nationwide GSM900 mobile network, a domestic fixed network and an international gateway in 1993. It commenced its mobile operations in August 1995 and launched its fixed line and international gateway operations in early 1996. Since its establishment, Our Client has been providing a full suite of services on multiple platforms to fulfil the telecommunications needs of individual consumers, SMEs and large corporations in Malaysia.