Cost Accountant

Ichor Systems, Inc.; Shah Alam; On-site; MYR 80,000 - 130,000; Full time

Job summary

Ichor Systems, Inc. in Shah Alam, Malaysia seeks a Cost Accountant to oversee month-end close, cost calculations, and variance analysis within the manufacturing segment. The role emphasizes budgeting, forecasting, and cross-functional collaboration to improve cost efficiency.

The ideal candidate holds ACCA or equivalent, with 3–5 years in cost accounting in manufacturing and strong Excel/Power BI skills. SOX/compliance awareness and audit coordination are relevant to this position.

Qualifications

• Recognized degree, ACCA graduate or other equivalent professional accounting qualification.
• At least 3-5 years of cost accounting experience in a manufacturing environment.
• Strong management accounting knowledge and analytical skills.

Responsibilities

• Oversee month end / quarter end closing activities in inventory/manufacturing.
• Analyse variances (work order and absorption), identify drivers and propose corrective actions.
• Calculate and maintain product costs and validate BOM cost data.
• Collaborate with cross-functional teams for cost optimization and process improvements.
• Partner with inventory team for accurate costing and discrepancy resolution.
• Support standard cost roll and cycle inventory counts.
• Interact with internal and external auditors.
• Prepare monthly management reporting of actuals vs forecast/AOP.
• Support AOP and forecast processes for Malaysia manufacturing plant.

Skills

Analytical skills

Attention to details

Interpersonal skills

Education

ACCA or equivalent

Tools

Excel

Power BI

Oracle Cloud ERP

Job description

Overseeing the manufacturing support expense compared to budget, analysing variances, including its forecasting and budgeting. Your expertise will play a critical role in optimizing cost efficiencies, ensuring accurate budgeting/forecasting and contributing to the overall success of our manufacturing operations

Responsibilities:

• Perform month end / quarter end closing activities in the inventory/manufacturing area
• Analyse work order and absorption variances, identifying factors contributing to variance, highlighting key drivers/trends and proposing corrective actions.
• Calculate and maintain product costs and validate cost data in product bill sof materials (BOMs)
• Work with cross-fucntional teams to identify opportunities for cost optimization and process improvements.
• Partner with the inventory team for accurate costing of inventory items and resolution of discrepancies.
• Support standard cost roll and cycle inventory count
• Liaise with Internal & External auditors
• Any other ad hoc activities assigned
• Prepare monthly management reporting of actuals vs forecast/AOP
• Support annual operating plan (AOP) and forecast process for Malaysia manufacturing plant, align budget/forecast target with goals.
• Maintain strong internal controls and compliance with Sarbanes-Oxley (SOX) regulations.
• Support US GAAP, SOX, tax and statutory audits.
• Drive continuous improvement initiatives to improve operational efficiency and eliminate non-value added activities.

Requirements:

• Recognized degree, ACCA graduate or other equivalent professional accounting qualification.
• At least 3-5 years of cost accounting experience in a manufacturing environment.
• Strong management accounting knowledge and analytical skills.
• Independent, mature, self-motivated and possess ‘can-do’ attitude.
• High attention to details, organizational skills, and problem-solving abilities.
• Advanced proficiency in Microsoft applications (Excel/Powerpoint), other data analysis tools (Power BI) and ERP systems (preferably Oracle Cloud).
• Excellent communication and interpersonal skills, with ability to collaborate across departments.

Job Info

• Job Identification 7689
• Job Category Cost Accountant
• Posting Date 06/09/2026, 08:04 AM
• Job Schedule Full time