Cost Accounting Manager

Armstrong Asia; Kulai; On-site; MYR 60,000 - 80,000; Full time

Job summary

A manufacturing company in Kulai is seeking a finance costing professional to handle full-spectrum finance costing for products, analyze gross margins, and optimize costs. The ideal candidate will have at least 5 years of experience in manufacturing cost accounting and must possess a degree in Finance or Accounting. Strong analytical skills and proficiency in Microsoft Office are required. This role offers the opportunity to impact business strategy and decision-making.

Qualifications

• Minimum 5 years of experience within accounting/finance with specialty in manufacturing cost accounting.

Responsibilities

• Set and maintain standard cost accounting system and analyze variances.
• Ensure accurate allocation of costs to products.
• Prepare monthly operational reports on efficiency and productivity costs.
• Perform detailed analysis on inventory costs.
• Coordinate inventory activities with management and Inventory Control.

Skills

Detailed-oriented

Strong problem-solving skills

Excellent written and verbal communication skills

Strong analytical skills on cost data

Education

Minimum Degree in Finance/Accounting

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

This role is responsible for handling the full spectrum of finance costing for all the products and analyze gross margin included operation efficiency, cost optimization, resources analysis, variance and scrap analysis to provide insight information to the stakeholders for margin improvement, business strategy and decision making

Responsibilities

• Setting and maintain standard cost accounting system and analyze variances.
• Set up procedures related to cost accounting.
• Ensure accurate allocation of costs to products.
• Prepare monthly operational reports explaining material, labor and overhead efficiency and productivity costs in comparison to planned.
• Performs detailed analysis on inventory costs to develop the standard costs and explain the inventory variances.
• Coordinate inventory related activities with management and Inventory Control, including analysis, reporting, cycle count activities; inventory adjustment needs; and help ensure overall inventory accuracy.
• Works with Sales team to analyze, discuss and suggest adequate pricing based on operational costs within the facility.
• Work closely with the production and procurement departments to understand and manage manufacturing and procurement costs.
• Support external audit as relates to cost accounting.
• Continuously search for process improvement to increase efficiencies and productivity. Recommending changes to the company's processes and policies to reduce costs and improve process efficiency.
• Verifying cost saving projects from operations and non-operations.

Experience

• Minimum 5 years of experience within accounting/finance with specialty in manufacturing cost accounting

Qualifications

• Minimum Degree in Finance/Accounting

Competencies

• Detailed-oriented and strong problem-solving skills
• Excellent written and verbal communication skills
• Independent & fast learner, able to adapt to fast-paced environment and has strong analytical skills on cost data
• Strong understanding & experience in costing & FP&A
• Strong skills with Microsoft Office, including Excel, Word & PowerPoint