Cost Accountant/ Cost Analyst

SPCI HELM; Selangor; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading manufacturing company in Selangor is seeking a Cost Accountant to analyze financial data and develop cost structures. The ideal candidate will have at least 5 years of experience in product costing, proficiency in Microsoft Excel, and relevant certifications like ACCA or CPA. The role involves optimizing costs, managing budgets, and collaborating with cross-functional teams to enhance financial efficiency.

Qualifications

• At least 5 years of experience in product costing within the manufacturing industry.
• Professional certifications such as ACCA, CIMA, or CPA are highly valued.
• Ability to analyze complex data to drive informed decisions.

Responsibilities

• Develop and maintain cost models to accurately calculate costs.
• Conduct in-depth evaluations of cost-saving opportunities.
• Monitor inventory valuation and conduct audits.
• Prepare management accounts for costing reports.
• Identify and implement enhancements in costing procedures.
• Collaborate on annual budgets and forecast costs.

Skills

Financial expertise

Proven experience in product costing

Technical proficiency in Microsoft Excel

Analytical skills

Effective communication

Education

Bachelor's degree in Accounting, Finance or related field

Tools

Microsoft Excel

ERP Systems

Navision

Job description

Overview

As a Cost Accountant specializing in costing, you will play a pivotal role in analyzing financial data, developing cost structures, and providing insights to support strategic decision-making. You will collaborate with cross-functional teams to ensure accurate cost accounting, enhance financial efficiency, and contribute to achieving the company's financial goals.

Responsibilities

• Capturing of Cost: Develop and maintain cost models to accurately calculate product, plant, or project costs.
• Lead cost analysis: Conduct in-depth evaluations of raw materials, production processes, and finished goods to identify cost-saving opportunities and improve efficiency.
• Optimize inventory management: Monitor inventory valuation, conduct audits, and assess production yield to enhance cost efficiency and accuracy in stock reporting.
• Deliver insightful reporting: Prepare management accounts for comprehensive costing reports and provide valuable insights to support management decisions and audit processes.
• Spearhead process improvements: Identify and implement enhancements in costing procedures and financial controls, working closely with cross-functional teams to strengthen cost management strategies.
• Drive budgeting excellence: Collaborate with the sales, plant and finance team to prepare annual budgets, forecast costs, and align cost control measures with overall financial objectives.
• Other duties as assigned by Superior.

Requirements

• Financial expertise: A Bachelor's degree in Accounting, Finance, or a related field, with professional certifications such as ACCA, CIMA, or CPA being highly valued.
• Proven experience: At least 5 years of experience in product costing, preferably within the manufacturing industry, demonstrating a strong background in cost accounting and financial analysis.
• Technical proficiency: Advanced skills in Microsoft Excel and experience with ERP systems, with knowledge of Navision being a significant advantage.
• Analytical prowess: Strong problem-solving skills and the ability to analyze complex data to drive informed decision-making.
• Effective communicator: Excellent interpersonal skills to collaborate with cross-functional teams and present financial insights clearly.
• Working hours: Monday-Friday, 8:30AM-5:30PM