Finance Executive (Costing)

Konica Minolta Business Technologies (Malaysia) Sdn. Bhd; Malacca City; On-site; MYR 78,000 - 123,000; Full time

Job summary

Konica Minolta Business Solutions (M) Sdn Bhd is seeking a Finance professional to maintain and improve production costing, pricing and budgeting data. You will ensure data integrity for inventory and standard costing and collaborate with cross-functional teams.

Responsibilities include analyzing variances between estimated and actual costs, supporting monthly, quarterly and annual financial reporting, and assisting in budgeting, forecasting and compliance with internal controls.

Qualifications

• Bachelor's degree in accounting/finance or professional qualification.
• Minimum 1 year progressive experience in finance within a multinational company.
• Audit firm experience is an added value.

Responsibilities

• Maintain and update production costing, pricing and budgeting data with integrity.
• Analyse cost variances between estimated and actual costs and provide insights.
• Support budgeting, forecasting and financial reporting including internal controls and compliance.
• Assist in audit processes and implement corrective actions on findings.
• Collaborate with internal and external stakeholders to align material costs with standard costs.

Skills

Interpersonal communication

Attention to detail

Analytical and problem solving

Integrity and accountability

Stress management and prioritisation

Continuous improvement mindset

Microsoft Office proficiency

Education

Bachelor's degree in Accounting/Finance or professional qualification

Tools

SAP

Microsoft Office

Job description

Maintain and update the production costing, pricing and budgeting modules accurately and on a timely basis. Ensure material costs are aligned with standardcosts by collaborating with internal and external stakeholders.

Manage accuracy and timely calculation of product costs, taking into account material, labor, overheads, and manufacturing processes.

Analyze and compare estimated costs with actual costs from production and purchasing departments to determine variances and provide insights to

Assist to provide cost analysis and insights to support pricing, budgeting, and profitability decisions.

Ensure integrity of inventory and costing-related data for financial reporting purposes. Making sure that all the data related to inventory (i.e. quantities,values, movements) and standard costing (costs of production) is accurate, complete, and reliable.

Ensure integrity of inventory and costing-related data for financial reporting purposes.

Reporting, Analysis and Compliance

Assist in the preparation and review of monthly, quarterly, and annual financial reports related to costing.

Support compilation of variance analysis and explain cost performance versus budget and forecast. - Ensure timely and accurate submission of internal and external financial reports, aligning with corporate and statutory standards.

Support other ad hoc finance-related duties as assigned by management.

Budgeting and Forecasting

Support compilation of annual budgeting process and monthly forecast across departments.

Support internal planning and forecasting processes by providing accurate and up-to-date costing information.

Support preparation of analyze and provide data/report to facilitate and support operational decision-making and strategic planning.

Ensure compliance with internal controls, accounting standards, and corporate policies within the costing functions.

Support audit processes and ensure implementation of corrective actions on audit findings. - Continuously assess and improve internal processes for better control and efficiency.

Job Requirement

Qualification : Bachelor's Degree in Accounting/Finance or a Professional qualification

Experience : Preferably, minimum 1 years progressive experience in finance and accounting role within a multi-national company. Working experience with audit firms is added value.

• Strong discipline with good interpersonal and communication skills.
• High attention to details and accuracy
• Strong analytical and problem solving skills
• Strong sense of integrity and accountability.
• Ability to work effectively under stressful situations, manage multiple priorities and work collaboratively across functions.
• Possess continuous improvement mindset
• Proficient in Microsoft Office applications and accounting system i.e SAP

Language : Be effectively bilingual in English and Malay

Konica Minolta Business Solutions (M) Sdn Bhd (KMBS) has come a long way since the incorporation of City Marketing Sdn Bhd (CMSB) in 1981 as the trading arm of Konica Minolta Business Solutions (S) Pte Ltd, (formerly known as Minolta Singapore Pte. Ltd.). CMSB was initially set-up to take over control of Minolta Camera business in Malaysia. Consecutive years of growth transformed the company into a viable player in the local Office Automation (OA) industry. CMSB takes on a name change to Minolta Marketing (M) Sdn Bhd in August 1988.

In August 2003, Konica Corporation and Minolta Co., Ltd. integrated their respective managements and established a holding company, Konica Minolta Holdings, Inc., founded on the concept of creating an entirely new corporate group. After the Management integration in October 2003, our Company name was changed to Konica Minolta Business Solutions (M) Sdn Bhd, to reflect a stronger identity.

As Konica Minolta Holdings Inc. applied the technological strength it acquired to steadily expand its business environment whilst progressively globalizing its operations, KMBS became a major force in the local OA industry. Today, KMBS has become one of the largest organizations and has the widest network in the local OA industry with 14 branches throughout Malaysia.