Cost Analyst

Spci Helm; Petaling Jaya; On-site; MYR 50,000 - 80,000; Full time

Job summary

A leading company is looking for a Cost Accountant to support strategic decision-making through financial analysis and cost accounting. This role involves collaborating with teams to optimize financial efficiency, enhance cost management strategies, and provide insightful reporting to achieve financial goals. Candidates should have a Bachelor’s degree in Accounting or Finance, along with at least 5 years of relevant experience in a manufacturing setting.

Qualifications

• At least 5 years of experience in product costing.
• Strong background in cost accounting and financial analysis.
• Experience within the manufacturing industry preferred.

Responsibilities

• Develop and maintain cost models for accurate product costing.
• Conduct in-depth evaluations to identify cost-saving opportunities.
• Prepare management accounts and costing reports.

Skills

Analytical prowess

Problem-solving

Interpersonal Skills

Education

Bachelor’s degree in Accounting

ACCA, CIMA, or CPA certification

Tools

Microsoft Excel

ERP systems (Navision)

Job description

As a Cost Accountant specializing in costing, you will play a pivotal role in analyzing financial data, developing cost structures, and providing insights to support strategic decision-making. You will collaborate with cross-functional teams to ensure accurate cost accounting, enhance financial efficiency, and contribute to achieving the company’s financial goals.

Responsibilities:

• Capturing of Cost :Develop and maintain cost models to accurately calculate product, plant, or project costs.
• Lead cost analysis:Conduct in-depth evaluations of raw materials, production processes, and finished goods to identify cost-saving opportunities and improve efficiency.
• Optimize inventory management :Monitor inventory valuation, conduct audits, and assess production yield to enhance cost efficiency and accuracy in stock reporting.
• Deliver insightful reporting :Prepare management accounts for comprehensive costing reports and provide valuable insights to support management decisions and audit processes.
• Spearhead process improvements :Identify and implement enhancements in costing procedures and financial controls, working closely with cross-functional teams to strengthen cost management strategies.
• Drive budgeting excellence :Collaborate with the sales, plant and finance team to prepare annual budgets, forecast costs, and align cost control measures with overall financial objectives.
• Other duties as assigned by Superior.

Qualifications

• Financial expertise: A Bachelor’s degree in Accounting, Finance, or a related field, with professional certifications such as ACCA, CIMA, or CPA being highly valued.
• Proven experience: At least 5 years of experience in product costing, preferably within the manufacturing industry, demonstrating a strong background in cost accounting and financial analysis.
• Technical proficiency: Advanced skills in Microsoft Excel and experience with ERP systems, with knowledge of Navision being a significant advantage.
• Analytical prowess: Strong problem-solving skills and the ability to analyze complex data to drive informed decision-making.
• Effective communicator: Excellent interpersonal skills to collaborate with cross-functional teams and present financial insights clearly.

** If you are interested to apply, please upload your CV/resume below or send to [e-mail]

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