Cost Accounting Manager

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

Job summary

A leading manufacturing firm in Kulai, Malaysia is seeking a Finance Costing professional to handle comprehensive cost analysis for products. The ideal candidate will have at least 5 years of experience in manufacturing cost accounting, a degree in Finance/Accounting, and strong communication skills in English and Mandarin. Responsibilities include cost allocation, operational reporting, and collaboration with inventory and sales teams to optimize pricing and efficiency.

Qualifications

• Minimum 5 years of relevant experience in manufacturing cost accounting, CIMA is a plus.
• Strong command of the English language and able to communicate in Mandarin.

Responsibilities

• Setting and maintain standard cost accounting system and analyze variances.
• Prepare monthly operational reports explaining material, labor and overhead efficiency.
• Coordinate inventory related activities with management and Inventory Control.
• Work with Sales team to analyze and suggest adequate pricing based on costs.

Skills

Detailed-oriented

Problem-solving skills

Excellent written communication

Verbal communication skills

Strong analytical skills

Fast learner

Experience in costing & FP&A

Microsoft Office (Excel, Word, PowerPoint)

Education

Minimum Degree in Finance/Accounting

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 for 3 factories in Malaysia.

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 relevant experience in manufacturing cost accounting, CIMA is a plus
• Strong command of the English language, able to read and converse in Mandarin with our China colleagues and the general ability to communicate clearly is essential

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