Financial Analyst I (Costing & Inventory)

Advanced Energy; Penang; On-site; MYR 100,000 - 150,000; Full time

Job summary

A global manufacturing leader in Malaysia is seeking a Cost Accounting & Inventory professional for their Penang operations. The ideal candidate will be responsible for financial activities, month-end close processes, and inventory management while ensuring compliance with corporate policies and statutory regulations. Candidates should have a Bachelor's degree in Accounting and 2-3 years of relevant experience. The position offers competitive compensation, medical coverage, generous paid time off, and additional benefits like maternity leave and employee scholarships.

Benefits

Medical - health care plan

Dental and vision insurance

Generous paid time off

Paid maternity and paternity leave

Child-of-employee scholarship program

Qualifications

• Minimum 2 to 3 years of accounting experience in a manufacturing environment.
• Strong understanding of financial activities and month-end close process.
• Cultural sensitivity and ability to build relationships across regions.

Responsibilities

• Support plant operations with inventory and cost accounting.
• Maintain accurate financial records and month-end close processes.
• Conduct audits and liaise with auditors and tax agents.

Skills

Fluency in English

Negotiation skills

Analytical skills

Attention to detail

Communication skills

Organizational skills

Education

Bachelor Degree in Accounting

CIMA/ACCA/CPA or similar

Tools

Microsoft Office Suite

ERP systems

SAP

Job description

POSITION SUMMARY

This position is responsible for the Cost Accounting & Inventory of our Malaysia operations and report into the plant controller in Malaysia.

RESPONSIBILITIES

Support plant operation which requires a good understanding of the nature of the business and products to execute daily activities effectively

Responsible for prompt and accurate recording of financial activities & month‑end close process consistent with corporate policies, GAAP and local statutory requirements

Responsible for procedures and policies for cost accounting and inventory.

Support inventory control such as cycle count and annual physical inventory count:

Partnering with operations, product groups, planning, Inventory team and logistics on inventory management, planning, procurement, and cost optimization.

Responsible for prompt and accurate recording of inventory related activities such as E&O analysis, scrap analysis, write‑off, inventory revaluation, month‑end close process… to be consistent with corporate policies, GAAP and local statutory requirements.

Participating in daily MRB Inventory Review and Reporting

Prepare and record GL journal entries.

Accounts reconciliation and analysis.

Liaise with auditors & tax agent and support on scrap and inventory write‑off queries

Support on Global Output/Inventory related reporting and analysis.

Support all financial initiatives to drive growth and compliance from time to time.

Timely monthly financial reporting and KPI indicators to support Operations

Adhere to organizational requirements on quality management, health and safety, code of conduct, legal stipulations, environmental, 5S policies and general duty of care

Maintain confidentiality of all information related to the production processes and components, business and other technology including materials.

Other duties as assigned.

WORK ENVIRONMENT

Primarily works in a fast‑paced office environment and a manufacturing environment which may be noisy and fast paced.

Works in a standard office environment and uses general office equipment (telephone, PC, copier, fax machine, etc.).

QUALIFICATIONS

Fluency in English (written and verbal) is mandatory.

Excellent written and verbal communication skills.

Strong outstanding negotiation with commercial sense, communication, and stakeholder management skills.

Adept at fostering collaboration, with strong interpersonal skills to navigate and resolve challenges in cross‑functional environments.

Cultural sensitivity and ability to build relationships across regions.

Result‑oriented, ability to execute and deliver results.

Excellent analytical skills and good command on computer skills.

Flexibility to handle changing conditions;

SKILLS

Action orientated. Results focused. Highly adaptable.

Attention to detail with strong organizational skills.

Strong level of analytical skills, numeracy and strong financial understanding

Proven communications skills with internal and external stakeholders

Willingness to learn and ability to meet deadlines

Passion for innovation, customer obsession, drive for results

Communicative, team oriented, analytical thinker

EXPERIENCE

Minimum 2 to 3 years of progressive accounting experience primarily within a global manufacturing environment.

Ability to utilize Microsoft Office Suite at moderate to high‑level of proficiency.

Fluency in English

Experience of development and support of ERP systems or SAP

Previous financial accounting experience in a high tech or global company

EDUCATION

Bachelor Degree in Accounting

CIMA/ACCA/CPA or similar designate is preferred.

OTHERS

Candidate must willing to work in Penang Science Park, Simpang Ampat.

BENEFITS

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay‑for‑performance incentive plan.

In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In Malaysia., we offer a rich benefits package that includes:

Medical - health care plan, dental, and vision.

Short and long‑term disability and life insurance.

Executive Employee Health Screening package.

Generous paid time off starting at 15 days and 19 public holidays.

98 days of paid maternity leave for Moms and 7 days of paid paternity leave for Dads.

AE Child‑Of‑Employee Scholarship Program.

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