Cost Accounting Manager / Senior Executive

Armstrong Electronics Sdn Bhd; Kulai; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading precision engineering firm in Malaysia is seeking a Finance professional to handle comprehensive finance costing for products and analyze gross margins. The role demands at least 5 years of manufacturing cost accounting experience and fluency in Mandarin to effectively communicate with stakeholders. Responsibilities include standard cost accounting, inventory management, and providing insights for margin improvement. Candidates should demonstrate strong analytical skills and proficiency with Microsoft Excel. A Bachelor's degree in accounting/finance is required.

Qualifications

• Minimum 5 years of experience in accounting/finance with a specialty in manufacturing cost accounting.
• Strong understanding and experience in costing & FP&A.
• Able to adapt to a fast-paced environment.

Responsibilities

• Set up and maintain a standard cost accounting system and analyze variances.
• Develop procedures related to cost accounting.
• Prepare monthly operational reports explaining material, labor and overhead efficiency.
• Perform detailed analysis on inventory costs to develop standard costs.
• Collaborate with sales to suggest pricing based on operational costs.

Skills

Mandarin speaker

Detail-oriented

Strong problem-solving skills

Excellent communication skills

Fast learner

Analytical skills on cost data

Education

Bachelor’s degree in accounting/finance or equivalent

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

About the job

This role is responsible for handling the full spectrum of finance costing for all products and analyzing gross margin, including operation efficiency, cost optimization, resources analysis, variance and scrap analysis. It provides insight to stakeholders for margin improvement, business strategy and decision‑making across three factories in Malaysia. Preference is given to Mandarin speakers for effective communication with stakeholders.

Responsibilities

• Set up and maintain a standard cost accounting system and analyze variances.
• Develop 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 compared to budgeted figures.
• Perform detailed analysis on inventory costs to develop standard costs and explain inventory variances.
• Coordinate inventory‑related activities with management and Inventory Control, including analysis, reporting, cycle‑count activities, inventory adjustments and overall inventory accuracy.
• Work with Sales to analyze, discuss and suggest adequate pricing based on operational costs within the facility.
• Collaborate closely with production and procurement departments to understand and manage manufacturing and procurement costs.
• Support external audit as it relates to cost accounting.
• Continuously search for process improvements to increase efficiencies and productivity; recommend changes to processes and policies to reduce costs and improve process efficiency.
• Verify cost‑saving projects from operations and non‑operations.

Requirements

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

Company Overview

Armstrong Technology Sdn. Bhd. (ATSB), formerly Foamline Industries Sdn Bhd, and Hardyflex Industries Sdn. Bhd. (HISB), were established in 1987 and 1988 respectively as subsidiaries of Armstrong Industrial Corporation Ltd. Group in Singapore. They serve more than three hundred customers across Automotive, Consumer Electronics, Office Automation, Information Technology and Industrial Engineering.

ATSB and HISB are leading precision engineering specialists in Malaysia, offering high‑performance solutions such as: precision die‑cut foam, sponge, felt and film products; rubber moulded products; coated adhesive and laminated products; and contract manufacturing services (assembly of products). Their manufactured components are key parts of final goods or systems produced by leading local and multinational OEMs, providing innovative solutions for insulation, dampening, cushioning, shielding and sealing applications. Since their inception, the companies have continuously expanded operations and product ranges to meet market needs while maintaining the highest commitment to quality.