Cost Analyst

Great Pyramid; Selangor; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading chemical manufacturer in Malaysia is seeking a skilled financial expert with significant experience in cost accounting and financial analysis. The ideal candidate will have a Bachelor's degree in Accounting or Finance, combined with at least 5 years of relevant experience in the manufacturing sector. Responsibilities include developing cost models, optimizing inventory management, and providing insightful cost reports. This role is essential for improving financial decision-making and budgeting excellence within the organization.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field required.
• At least 5 years of experience in product costing in the manufacturing industry.
• Advanced skills in Microsoft Excel and familiarity with ERP systems.

Responsibilities

• Develop cost models to calculate product, plant, or project costs.
• Conduct evaluations of materials and processes for cost-saving opportunities.
• Monitor inventory valuation and conduct audits for accuracy.
• Prepare management accounts for costing reports.
• Implement enhancements in costing procedures with cross-functional teams.
• Collaborate on annual budgets and align cost control measures.

Skills

Financial expertise

Proven experience in product costing

Technical proficiency in Microsoft Excel

Analytical prowess

Effective communication skills

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

ERP systems

Navision

Job description

Our client is a leading chemical manufacturer and distributor with over 60 years of experience, specializes in the manufacturing, processing, and distribution of industrial chemicals, serving industries such as Oil & Gas, Pharmaceuticals, Water & Waste Treatment, Mining, Petrochemicals, and Rubber & Gloves. The company provides high-quality chemical solutions with advanced testing facilities and supply chain services.

Qualifications

• Financial expertise: A Bachelor's degree in Accounng, Finance, or a relatedfield, 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.

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.

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