Cost Accountant

H.B. Fuller; Selangor; On-site; MYR 48,000 - 60,000; Full time

Job summary

A leading company in the manufacturing sector is seeking a skilled financial analyst to manage costing and inventory processes. The ideal candidate will have a strong background in finance, excellent analytical skills, and the ability to collaborate effectively across departments. This role involves preparing financial analyses, maintaining cost data, and ensuring accurate inventory management. If you are proactive and results-oriented, this opportunity is for you.

Qualifications

• 2-3 years of experience in costing and financial analysis.
• Proficiency in Excel and PowerPoint.

Responsibilities

• Prepare stock reconciliation and journalize inventory entries.
• Maintain cost data and collaborate on cost roll-ups.
• Oversee month-end closing processes and coordinate inventory counts.

Skills

Excel

PowerPoint

English

Business Partnering

Financial Analysis

Education

Bachelor's degree in finance or accounting

Tools

SAP

Job description

PRIMARY DUTIES

1. Monthly tasks
2. Prepare stock reconciliation between GL ledger and Inventory sub-ledger, investigate variances and discrepancies to minimize them.
3. Check abnormal variances such as purchase and production variances.
4. Prepare and journalize all inventory and cost-related entries by month-end.

2. Costing management

• Maintain cost data in the system, ensuring accurate and timely cost setup.
• Collaborate with buyers and sourcing teams to review moving average costs and perform cost roll-ups to finished goods for monthly updates.
• Distribute updated standard cost and transfer price information to relevant departments promptly.
• Prepare ad hoc product costing and pricing analyses as required by the commercial team.
• Update the Activity Based Costing framework annually for analysis purposes.
• Oversee month-end closing processes, ensuring departmental responsibilities are completed.
• Coordinate quarterly and annual inventory counts, ensuring inventory variances are properly approved and reflected accurately in the system.

3. Projects or Ad hoc tasks

• Review SOX internal audit documentation related to assigned tasks and conduct quarterly SOX self-testing.
• Take ownership of projects and activities to optimize processes and systems.
• Perform any other ad hoc projects or assignments as requested by management.

MINIMUM REQUIREMENTS

• Bachelor's degree in finance or accounting.
• 2-3 years of experience in costing and financial analysis, preferably in a multinational organization.
• Proficiency in Excel and PowerPoint.
• Good command of English, both written and spoken.
• Experience with SAP or similar computer programs is an advantage.
• Initiative, self-motivated, result-oriented.
• Strong business partnering and influencing skills; proven ability to create value-added financial analysis.
• Willingness to challenge the status quo and drive continuous improvement.