Material Ledger (Costing) Accountant

Kerry Group plc; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading company in the taste and nutrition sector is seeking a finance professional to enhance cost efficiency and financial clarity. This role involves analyzing product costing, managing variances, and supporting new product introductions. Join a global team committed to sustainable nutrition and make a significant impact in the food industry.

Qualifications

• Minimum 3 years of experience in a finance role.
• Exposure to product costing or material ledger processes.

Responsibilities

• Scrutinize process orders for accuracy.
• Monitor and analyze labor/machine hours.
• Ensure pricing and BOM settings are accurate.

Skills

Analytical Process

Problem-Solving

Financial Clarity

Education

Bachelor’s Degree in Accounting

Professional Accountancy qualification

Tools

SAP

Job description

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Requisition ID: 58967
Position Type: FT Permanent
Workplace Arrangement: #LI-Hybrid

Kerry is the world's leading taste and nutrition company for the food, beverage and pharmaceutical industries. Every day we partner with customers to create healthier, tastier and more sustainable products that are consumed by billions of people across the world. Our vision is to be our customers' most valued partner, creating a world of sustainable nutrition. A career with Kerry offers you an opportunity to shape the future of food while providing you opportunities to explore and grow in a truly global environment.

About the role

Work Location : 1Powerhouse, PJ (5mins walk from MRT Bandar Utama)
Reporting To : Operation Finance Team Lead (Europe)
Working Hours : 2PM – 11PM

This role is all about combining analytical process, process accuracy, and innovative problem-solving to drive cost efficiency and financial clarity. Ready to make an impact?

Key responsibilities

Product Costing Excellence, dive deep into the financial pulse of production sites with responsibilities including:

Process Order Closure:

• Comprehensive PO Analysis: Scrutinize process orders to ensure accurate status, descriptions, and alignment of confirmed vs. delivered quantities.
• Resolving TECO and COGI Errors: Investigate and address discrepancies in TECO status orders and identify Controlling Goods Issues (COGI) errors for smooth workflow.
• Time and Cost Accuracy: Monitor and analyze planned, target, and actual labor/machine hours, flagging variances that exceed thresholds.
• Variance Management: Detect and report significant cost variances, ensuring clear insights into financial performance.
• Streamlined WIP Closure: Assign templates, calculate Work in Progress (WIP), and ensure all TECO process orders are settled and properly documented.

New Product Introduction (NPI) - Material Cost Mastery

• Verify and Validate: Ensure pricing, BOM, recipes, and MRP settings are accurate and reasonable.
• Cost Estimation & Pricing: Craft cost estimates and release finalized prices seamlessly through SAP.
• Support Innovation: Play a pivotal role in tracking and distributing usage variances (DUV) for new products.

Distribution of Usage Variance (DUV) Analysis

• Guideline Adherence: Identify process orders requiring DUV based on established thresholds.
• Effortless Distribution: Manage variance distribution using SAP’s DUV cockpit, ensuring accurate and timely reporting.

Qualifications and skills

• Bachelor’s Degree in Accounting, Commerce, Finance, or a similar field.
• Professional Accountancy qualification (or currently pursuing) are highly encouraged.
• Minimum 3 years of experience in a finance role, with exposure to product costing or material ledger processes.
• Familiarity with SAP is a valuable advantage

Beware of scams online or from individuals claiming to represent us. A Kerry employee will not solicit candidates through a non-Kerry email address or phone number. In addition, Kerry does not currently utilise video chat rooms (e.g., Google Hangouts) to conduct interviews. Refuse any request that asks you to provide payment to participate in the hiring process (e.g., purchasing a “starter kit,” investing in training, or something similar). Kerry will not ask you to pay any money at any point in the hiring process with the exception of reimbursable travel expenses. In addition, any payments made by Kerry will be from official firm accounts bearing the Kerry name.