Cost Accountant

ICHOR Systems Malaysia Sdn Bhd; Shah Alam; On-site; MYR 70,000 - 110,000; Full time

Job summary

ICHOR Systems Malaysia Sdn Bhd is seeking a seasoned Cost Accountant to manage manufacturing cost analysis, budgeting and variance reporting. You will lead month-end close, validate BOM data and maintain product costs while collaborating with multiple departments to optimize cost efficiency.

The role requires 3–5 years of cost accounting in manufacturing, ACCA or equivalent qualification, and strong ERP (Oracle Cloud) and Power BI skills. Apply to join a global manufacturing team in Malaysia.

Qualifications

• Recognized degree or ACCA/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 with a can-do attitude.
• High attention to detail, strong organizational and problem-solving abilities.
• Advanced proficiency in Microsoft Excel, PowerPoint; experience with Power BI and ERP systems (Oracle Cloud).
• Excellent communication and interpersonal skills, with cross-department collaboration ability.

Responsibilities

• Overseeing month-end/quarter-end closing in the inventory/manufacturing area.
• Analyse variances in work orders and absorption; identify drivers and trends; propose corrective actions.
• Calculate and maintain product costs; validate BOM cost data.
• Collaborate with cross-functional teams to identify cost optimization opportunities.
• Work with inventory team for accurate costing and discrepancy resolution.
• Support standard cost roll and cycle inventory counts; liaise with auditors.
• Prepare monthly management reports comparing actuals to forecasts and AOP.
• Support US GAAP, SOX, tax and statutory audits and drive continuous improvements.

Skills

Cost accounting

Analytical skills

ERP systems usage

Advanced Excel

Education

Degree in accounting / ACCA or equivalent

Tools

Oracle Cloud ERP

Power BI

Excel

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.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Cost Accountant?
• How many years of accounting experience do you have?
• How much notice are you required to give your current employer?

Chemicals & Plastics Manufacturing 101-1,000 employees

Ichor offers world-class process engineering, manufacturing, materials management, and testing capabilities. Our 2,500+ employees worldwide are strategically located to provide our customers with the highest level of customer service and support from our program management, sales, engineering, and executive management teams.

Ichor Systems is an equal opportunity employer (EOO) and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

Ichor offers world-class process engineering, manufacturing, materials management, and testing capabilities. Our 2,500+ employees worldwide are strategically located to provide our customers with the highest level of customer service and support from our program management, sales, engineering, and executive management teams.

Ichor Systems is an equal opportunity employer (EOO) and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.