Cost Analyst

Hittech Wemac Sdn Bhd; Simpang Ampat; On-site; MYR 60,000 - 90,000; Full time

Benefits offered by this job

Medical allowance

GTL & GPA Insurance

Travelling Allowance

Job summary

Hittech Wemac Sdn Bhd in Malaysia is seeking a cost accountant to analyze production, operational and project costs. The role involves preparing cost analyses, variance and profitability reports, and monitoring costs against budgets.

You will maintain ERP-based cost data and support monthly closes, budgeting, and forecasting, ensuring compliance with financial policies. The candidate will work with finance, engineering, sales, procurement and operations to allocate costs accurately and develop

Qualifications

• Experience in cost accounting and management reporting.
• Proficiency with ERP systems and cost allocation.
• Ability to develop and maintain standard costing models.

Responsibilities

• Analyze production, operational and project costs to identify savings.
• Prepare cost analysis, variance, and profitability reports.
• Monitor actual costs vs budget and investigate variances.
• Coordinate with finance, engineering, sales, procurement and operations for accurate cost allocation.
• Maintain cost data within the ERP system and support monthly cost accounting close.
• Develop standard costing models and support budgeting/forecasting processes.
• Ensure compliance with financial policies and procedures.

Skills

Cost analysis

Variance analysis

Cost accounting

ERP systems

Budgeting & forecasting

Cross-functional collaboration

Tools

ERP software

Job description

Analyze production, operational, and project costs to identify cost-saving opportunities.

Prepare detailed cost analysis reports, variance analysis, and profitability reports.

Monitor actual costs vs. budget and investigate variances.

Work closely with finance, Engineering, Sales, procurement, and operations teams to ensure accurate cost allocation.

Maintain and update cost data within the ERP system.

Support monthly closing activities related to cost accounting.

Develop and maintain standard costing models.

Assist in budgeting and forecasting processes.

Ensure compliance with company financial policies and procedures.

Improve cost tracking and reporting processes through ERP system optimization.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

Manufacturing, Transport & Logistics 51-100 employees

Hittech Wemac primary activities are precision part machining, value added mechanical assemblies and complete module assemblies as per customers specification. We are part of the Hittech Group of companies head quartered in the Netherlands.

Hittech Group designs, purchases, machines, paint, assembles and tests products mainly for large Tier 1 customers around the world.

Hittech Wemac Sdn Bhd serves customers in almost every part of the world and offers following services:

Precision machining with tight tolerances in high alloy steels, titanium, stainless steels and engineering plastics. Excellent cpk on dimensions and GD&T. Tolerances of 10 microns flatness, 10 micron hole to hole pitch are our daily business.

Value added mechanical assemblies, electro-mechanical assemblies or module assemblies with integrated supply chain in Asia and our sister companies in Europe

Product Management which can be your extended resources in product information and modules documentation management, for both NPI (New Product Introduction) and series production. ECN (Engineering Change Notice) and BOM revision management is also part of our capability.

Scheduling of delivery by Planning department working closely with our customer and Production team to meet expected OTD (on time delivery). Deliveries from Penang Batu Kawan to Bayan Lepas takes less than 20 minutes.

Quality Management with an in-house dedicated QA-QC team to perform incoming and outgoing inspection. In process quality control is build-in all our processes. We are also an ISO 9001:2015 certified organization.

Hittech Wemac primary activities are precision part machining, value added mechanical assemblies and complete module assemblies as per customers specification. We are part of the Hittech Group of companies head quartered in the Netherlands.

Hittech Group designs, purchases, machines, paint, assembles and tests products mainly for large Tier 1 customers around the world.

Hittech Wemac Sdn Bhd serves customers in almost every part of the world and offers following services:

Precision machining with tight tolerances in high alloy steels, titanium, stainless steels and engineering plastics. Excellent cpk on dimensions and GD&T. Tolerances of 10 microns flatness, 10 micron hole to hole pitch are our daily business.

Value added mechanical assemblies, electro-mechanical assemblies or module assemblies with integrated supply chain in Asia and our sister companies in Europe

Product Management which can be your extended resources in product information and modules documentation management, for both NPI (New Product Introduction) and series production. ECN (Engineering Change Notice) and BOM revision management is also part of our capability.

Scheduling of delivery by Planning department working closely with our customer and Production team to meet expected OTD (on time delivery). Deliveries from Penang Batu Kawan to Bayan Lepas takes less than 20 minutes.

Quality Management with an in-house dedicated QA-QC team to perform incoming and outgoing inspection. In process quality control is build-in all our processes. We are also an ISO 9001:2015 certified organization.

• Medical Miscellaneous allowance GTL & GPA Insurance, Travelling Allowance