Cost Manager (Manufacturing)(Johor)

ACCA Careers; Iskandar Puteri; On-site; MYR 150,000 - 200,000; Full time

Job summary

A reputable manufacturing firm based in Johor is seeking a Cost Manager to oversee cost management and budgeting. The role requires a strong financial analysis focus and a minimum of 10 years experience in accounting or finance. The ideal candidate will develop costing policies, ensure accurate inventory costs, and support profitability improvement decisions. This position offers a competitive salary and a comprehensive benefits package.

Benefits

Competitive salary range of MYR 8500 to MYR 15000

Comprehensive benefits package

Opportunities for career growth

Supportive company culture

Qualifications

• Minimum 10+ years experience in accounting or finance.
• Deep understanding of costing and valuation of inventory in a manufacturing environment.
• Attention to detail and ability to manage multiple tasks.

Responsibilities

• Develop policies and procedures for determining standard inventory costs.
• Ensure consistent application of costing policies across company divisions.
• Present financial analysis to senior leadership.

Skills

Cost management principles

Financial analysis

Problem-solving

Communication

Education

Bachelor's degree in accounting and finance

Tools

Financial reporting tools

Job description

Overview

The role of Cost Manager involves overseeing cost management and budgeting within the manufacturing industry. This position is based in Johor and requires a strong focus on financial analysis and cost control.

Client details: The employer is a well-established, large organisation operating in the manufacturing industry. They are known for their commitment to excellence and providing high-quality products and services to their clients.

Responsibilities

• Develop policies and procedures with the Corporate Controller for determining standard inventory costs (Material, Labour, Manufacturing Burden).
• Ensure consistent application of costing policies across all company divisions.
• Periodically update standard inventory costs based on company policies.
• Ensure new inventory items (NPIs) are accurately costed for timely Cost of Sales reporting aligned with month-end close.
• Collaborate with Engineering and Sales (Quoting team) to ensure BOMs and MoMs reflect accurate inventory costs.
• Analyse Contribution Margin and Gross Profit Margin by Verticals and Product Groups.
• Present financial analysis to senior leadership to support profitability improvement decisions.
• Assist in the budgeting process for Strategic Business Units.
• Perform ad-hoc reporting and projects involving data gathering, manipulation, and summarising.
• Identify financial and non-financial trends and opportunities through detailed analysis.

Qualifications

• Bachelor's degree in accounting and finance
• Strong knowledge of cost management principles and practices.
• Min 10+ years experience in accounting or finance.
• Deep understanding of costing and valuation of inventory in a Manufacturing environment.
• Proficiency in financial analysis and reporting tools.
• Excellent problem-solving and decision-making skills.
• Attention to detail and the ability to manage multiple tasks effectively.
• Strong communication and collaboration skills.

Job Offer / Benefits

• Competitive salary range of MYR 8500 to MYR 15000 monthly.
• Comprehensive benefits package, including healthcare and allowances.
• Opportunities for career growth and professional development.
• Supportive and engaging company culture in Johor.

To apply online please click the "Apply" button below. For a confidential discussion about this role please contact Hon Mun Lam on [phone].

Agensi Pekerjaan Michael Page International (Malaysia) Sdn Bhd | Registration No.914741-W.