Cost Analyst - Accounts Payable

Chery; Selangor; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading automotive company in Malaysia is seeking a professional to manage Accounts Payable. The role involves processing vendor invoices, analyzing cost trends, ensuring compliance with financial policies, and identifying process improvements. Candidates should have strong analytical skills and the ability to collaborate with cross-functional teams. This position offers an opportunity to enhance efficiency in financial operations and support financial reporting.

Responsibilities

• Review, verify, and process vendor invoices for accuracy and compliance with company policies.
• Analyze cost trends and variances related to AP transactions.
• Ensure adherence to financial policies, tax regulations, and internal controls.
• Identify opportunities to streamline AP processes and improve efficiency.
• Work closely with procurement, finance, and operations teams to validate costs.

Job description

Accounts Payable Management Review, verify, and process vendor invoices for accuracy and compliance with company policies. Ensure timely payment of invoices and proper coding to cost centre. Reconcile AP ledger with vendor statements and resolve discrepancies.

Cost Analysis & Reporting Analyze cost trends and variances related to AP transactions. Prepare monthly cost reports and assist in budget vs. actual analysis. Support cost allocation and expense tracking for projects or departments.

Compliance & Internal Controls Ensure adherence to financial policies, tax regulations, and internal controls. Assist in audits by providing AP-related documentation and analysis.

Process Improvement Identify opportunities to streamline AP processes and improve efficiency. Support automation initiatives and system enhancements for AP and cost tracking.

Cross-Functional Collaboration Work closely with procurement, finance, and operations teams to validate costs. Communicate with vendors to resolve payment or invoice issues.

Others – Any other tasks that are deemed necessary.