Cost Accountant (Manufacturing)(Kamunting)

Michael Page; Kamunting; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading recruitment agency is seeking a cost accountant in Kamunting, Malaysia. The role involves monitoring standard costs, managing budgets, and ensuring regulatory compliance within a manufacturing environment. We are looking for a detail-oriented professional with a degree in Accounting or Finance and strong problem-solving skills. The position offers a competitive salary between MYR 8,000 and MYR 10,000 monthly, along with opportunities for growth in a supportive company culture.

Benefits

Competitive salary

Permanent position

Inclusive company culture

Impactful projects

Qualifications

• Strong understanding of cost accounting principles and practices.
• Experience working in the manufacturing industry.
• Ability to work collaboratively with cross-functional teams.

Responsibilities

• Define standard costs for materials, labor, and overhead.
• Track and analyze variances in costs.
• Develop budgets and forecasts.
• Establish inventory control procedures.
• Generate cost performance reports.
• Identify opportunities for process improvement.
• Ensure compliance with accounting standards.

Skills

Cost accounting principles

Problem-solving skills

Attention to detail

Collaboration

Education

Degree in Accounting or Finance

Job description

About Our Client

The employer is a well-established organisation in the manufacturing industry, known for its commitment to innovation and quality. They provides an excellent platform for professionals to contribute to impactful projects in a supportive environment.

Job Description

• Setting Standard Costs: Define standard costs for materials, labour, and overhead by using historical information, industry standards, and other pertinent data.
• Variance Monitoring: Track and analyse the differences between standard costs and actual production costs, investigating and explaining any significant discrepancies to management.
• Budgeting and Forecasting Support: Help develop budgets and forecasts focused mainly on overhead costs by providing relevant cost insights. Track actual results versus budget and explain any variances.
• Inventory Management: Establish and uphold inventory control procedures to ensure accurate tracking and valuation of inventory based on standard costs.
• Cost Reporting: Generate regular reports on costs and performance metrics to monitor key cost factors, highlight areas for improvement, and offer cost-saving recommendations to management.
• Process Enhancement: Work with various teams to find and implement opportunities to improve processes and reduce costs, driving efficiency gains where possible.
• Regulatory Compliance and Controls: Maintain adherence to accounting standards, internal controls, and regulations in all cost-related tasks, identifying and resolving any compliance or control issues.

The Successful Applicant

• A degree in Accounting, Finance, or a related field.
• Strong understanding of cost accounting principles and practices.
• Experience working in Manufacturing industry
• Attention to detail and problem-solving skills.
• Ability to work collaboratively with cross-functional teams.

What’s on Offer

• Competitive salary range between MYR 8,000 and MYR 10,000 monthly.
• Permanent position offering stability and growth opportunities.
• Inclusive and professional company culture.
• Opportunities to work on impactful projects