Cost Accounting Manager (Standard costing)

Armstrong Electronics Sdn Bhd; Kulai; On-site; MYR 70,000 - 90,000; Full time

Job summary

A manufacturing company in Malaysia is seeking a finance costing professional to handle full costing responsibilities across three factories. Ideal candidates will have a minimum of 5 years of manufacturing cost accounting experience, preferably with CIMA certification. The role involves cost analysis, inventory management, and process improvements. Strong Mandarin language skills, attention to detail, and proficiency in Microsoft Office are essential. This position offers a dynamic work environment focused on efficiency and cost optimization.

Qualifications

• 5+ years of relevant experience in manufacturing cost accounting is required.
• CIMA certification is a plus.

Responsibilities

• Handle full spectrum of finance costing for all products.
• Set and maintain standard cost accounting system.
• Prepare monthly operational reports on costs.
• Coordinate inventory activities and ensure overall accuracy.
• Suggest adequate pricing based on operational costs.
• Drive process improvements for efficiency and cost reduction.

Skills

Mandarin Speaker

Detailed-oriented

Problem-solving skills

Strong communication skills

Analytical skills on cost data

Adaptability in fast-paced environment

Education

Minimum Degree in Finance/Accounting

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Company: Armstrong Electronics Sdn Bhd

Location: Kulai, Johor

Major Requirements

❗Mandarin Speaker is preferred for this position.

❗Manufacturing background is a MUST

❗Cost Accounting and Standard Costing experience

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

Experience

• Minimum 5 years of relevant experience in manufacturing cost accounting, CIMA is a plus.

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