Cost Accounting Manager / Senior Executive

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

Job summary

A manufacturing firm is seeking a dynamic cost accountant in Johor, Malaysia. The role involves managing cost accounting processes, preparing reports, and analyzing costs to improve margins. Candidates should ideally speak Mandarin, have at least 5 years of relevant experience in finance, and possess strong analytical skills. Proficiency in Microsoft Office and excellent communication skills are essential. Join us to optimize our financial strategies and drive efficiencies in our operations.

Qualifications

• Minimum 5 years of experience within accounting/finance with specialty in manufacturing cost accounting.
• Excellent written and verbal communication skills.
• Independent and fast learner, able to adapt to a fast-paced environment.

Responsibilities

• Set up procedures related to cost accounting.
• Ensure accurate allocation of costs to products.
• Prepare monthly operational reports explaining efficiency and costs.
• Work with Sales team to analyze and suggest pricing.
• Continuously search for process improvement to increase efficiency.

Skills

Mandarin speaking

Detail-oriented

Problem-solving

Analytical skills

Microsoft Office proficiency

Education

Bachelor's degree in accounting/finance

Job description

We are looking for a dynamic and creative person to join our team.

⭐ Mandarin Speaker is preferrable for this position, to communicate with stakeholders.

About the job

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 maintenance of the standard cost accounting system and analysis of 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.
• Perform 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.
• Work with the 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.
• Verify cost-saving projects from operations and non-operations.

Requirements

• Mandarin speaker is preferred for this position.
• Minimum 5 years of experience within accounting/finance with specialty in manufacturing cost accounting.
• Bachelor’s degree in accounting/finance, or equivalent.
• Detail-oriented and strong problem-solving skills.
• Excellent written and verbal communication skills.
• Independent and fast learner, able to adapt to a fast-paced environment and have strong analytical skills on cost data.
• Strong understanding and experience in costing and FP&A.
• Strong skills with Microsoft Office, including Excel, Word and PowerPoint.