Costing Analyst

Quintus Search; Petaling Jaya; On-site; MYR 40,000 - 60,000; Full time

Job summary

A manufacturing consultancy based in Petaling Jaya is seeking a Cost Analyst to study and optimize costing methodologies within the production environment. The ideal candidate will have a Bachelor's in Accounting & Finance, with 2-3 years of costing experience in manufacturing. Responsibilities include monitoring production levels, reviewing cost variances, and participating in performance meetings. Strong analytical and communication skills are essential for driving impactful changes in cost management practices.

Qualifications

• 2-3 years of costing experience in a manufacturing plant environment.
• Experience in managing bill of material (BOM).
• Familiarity with standard costing and actual costing.

Responsibilities

• Study and understand company's manufacturing workflow and methodology for measuring machinery effectiveness.
• Monitor daily production levels and ensure reasonability.
• Review completed production and analyze any variances.

Skills

Strong analytical skills

Excellent communication skills

Passionate in continuously improving costing methodologies

Education

Bachelor's Degree in Accounting & Finance or related field

Job description

• Study and understand company's manufacturing workflow and methodology for measuring machinery effectiveness, costing, variance analysis and inventory valuation.
• Monitor daily production levels and ensure reasonability.
• Review completed production - Ensure production costs are properly captured and analyze any variances.
• Investigate any cost variances that are above acceptable threshold - Identify and record measurable corrective courses of action with production manager or plant manager.
• Benchmark and track plant and machine performance levels based on yearly targets.
• Participate in production meetings and report on weekly plant performance.
• Understand financial impact of production reports and persuade internal stakeholders on performance improvement initiatives to drive impactful change.
• Ensure full adherence to company's accounting policies, processes, procedures, and authorization levels.
• Manage and execute ad-hoc compliance projects identified.
• Involved in the development and implementation of continuous improvement for costing and analysis processes.
• Bachelor's Degree in Accounting & Finance or related field.
• Approximately 2-3 years of costing experience under a manufacturing plant environment.
• Prior experience in managing bill of material (BOM).
• Familiar with the concept of standard costing and actual costing.
• Passionate in continuously improving costing methodologies.
• Strong analytical skills and excellent communication skills.