Cost Accountant

Ranpak Inc.; Piai Cape; On-site; MYR 60,000 - 80,000; Full time

Job summary

Ranpak Inc. is looking for a Cost Accountant in Piai Cape, Malaysia. The successful candidate will manage product costing, cost control, and variance analysis while supporting month-end reporting and compliance with company accounting policies. Ideal candidates should hold a Bachelor's Degree in Accounting or Finance and possess 2-5 years of relevant experience in a manufacturing context. Transitioning to a role involves working closely with production and supply chain teams, and proficiency in SAP and ERP systems will be advantageous.

Qualifications

• 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.
• Good understanding of manufacturing cost structures.

Responsibilities

• Manage product costing, cost control, and month-end reporting.
• Support month-end closing in SAP and prepare cost center reports.
• Monitor inventory movements and maintain strong internal controls.

Skills

Analytical skills

Problem-solving skills

Communication skills

Microsoft Excel proficiency

Education

Diploma in Warehouse Management, Supply Chain, or related field

Bachelor’s Degree in Accounting, Finance, or related field

Professional qualifications (ACCA, CIMA, CPA, CMA)

Tools

SAP

ERP systems

Job description

Malaysia Johor
No.9, Jalan SILC 1 / 4
Kawasan Perindustrian SILC
Johor, 79200, MYS

• 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.