Costing & Inventory Optimization Analyst

STX Precision; Johor; On-site; MYR 60,000 - 90,000; Full time

Job summary

STX Precision in Malaysia seeks a Cost Accountant to manage inventory valuation, standard costing, and costing close processes.

You will collect production data, update standard costs, monitor BOM, perform variance analyses, and collaborate with purchasing and operations to drive cost improvements. This role supports pricing reviews and ongoing cost control across materials, labor, overhead, and distribution, with monthly and yearly stock takes.

Qualifications

• Experience in cost accounting and inventory control
• Data collection from production and BOM management
• Ability to perform variance analysis and cost optimization

Responsibilities

• Value and cost products through standard costing processes
• Collect production data and develop/update standard costs
• Calculate and regularly update materials, labour, overhead costs
• Coordinate with operations for accurate cost data
• Monitor BOM accuracy
• Liaise with purchasing and supply chain on BOM costs
• Perform variance analysis of standard vs actual costs
• Identify cost reduction opportunities from raw materials to distribution
• Review pricing with cost analysis and profitability
• Oversee stocktakes and monthly/yearly counts
• Maintain costing system and monthly cost close including inventory analysis
• Reconcile inventory records with GL
• Review standard cost setup in new system to maintain accuracy

Skills

Cost accounting

Inventory control

Data analysis

Job description

STX Precision in Malaysia seeks a Cost Accountant to manage inventory valuation, standard costing, and costing close processes.

You will collect production data, update standard costs, monitor BOM, perform variance analyses, and collaborate with purchasing and operations to drive cost improvements. This role supports pricing reviews and ongoing cost control across materials, labor, overhead, and distribution, with monthly and yearly stock takes.