Cost Accounting Manager / Senior Executive

Armstrong Electronics Sdn Bhd (USAT); Kulai; On-site; MYR 100,000 - 150,000; Full time

Job summary

A manufacturing firm in Malaysia is seeking a Cost Accounting Manager to handle finance costing for products, improve margins, and provide insights for decision making. Responsibilities include maintaining standard costing systems, preparing operational reports, and collaborating with sales and production teams. Ideal candidates should have at least 5 years of cost accounting experience, a degree in finance or accounting, and strong analytical skills. Knowledge of Mandarin is preferred. Competitive compensation and opportunities for process improvement await the right candidate.

Qualifications

• Minimum 5 years of experience in manufacturing cost accounting.
• Strong understanding of costing and FP&A principles.
• Independent and fast learner, adaptable to fast-paced environments.

Responsibilities

• Maintain standard cost accounting system and analyze variances.
• Prepare monthly operational reports on efficiency and costs.
• Work closely with production and procurement departments.

Skills

Mandarin speaking

Cost accounting

Microsoft Office proficiency

Problem-solving skills

Analytical skills

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 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.

Qualifications

• Mandarin Speaker is preferred for this position to communicate with stakeholders.
• Minimum 5 years of experience within accounting/finance with specialty in manufacturing cost accounting.
• Bachelor’s degree in accounting/finance, or equivalent.
• 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.

Unlock job insights

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Cost Accounting Manager?
• How would you rate your Mandarin language skills?
• How many years' experience do you have as a Cost Accounting Analyst?
• How much notice are you required to give your current employer?
• Which of these industries have you worked in?