Operations Finance Lead

Hershey; Kulai; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading multinational company in Kulai, Malaysia is seeking a skilled Accounting Professional with at least 10 years' experience in manufacturing accounting. You will manage variances, ensure accurate reporting, and collaborate with production and procurement teams. A degree in Accountancy/Finance and expertise in SAP are essential. If you excel in financial operations and seek a challenging role, this opportunity awaits you.

Qualifications

• Minimum Degree in Accountancy/Finance. ACCA, CIMA or CPA preferred.
• Minimum 10 years experience in manufacturing accounting.
• Good understanding of standard costing and variance analysis.

Responsibilities

• Act as a business partner to the Business Unit Production Manager.
• Manage manufacturing variances including efficiency/waste/labor.
• Ensure accurate monthly operational and financial reporting.

Skills

Manufacturing Accounting

Variance Analysis

Cost Management

Financial Performance Reporting

SAP or ERP System

Education

Degree in Accountancy/Finance

ACCA, CIMA or CPA

Tools

SAP

Job description

Responsibilities

• Acting as a business partner to the Business Unit Production Manager.
• Proactively and constructively providing guidance to improve operation performance and thus achieving cost competitiveness.
• Manage and control manufacturing variances incl. efficiency/waste/labor/material usage variances. Ensure inventories accuracy through cycle count.
• Ensure timely and accurate monthly plant’s operational and financial performance reporting.
• Ensure accurate standard costing being maintained.
• Capable in simulating product costing to support new innovation project via good BOM and production process understanding.
• Benchmark standard costing among manufacturing network to optimize COGS position.
• Oversee inventory valuation and ensure accurate reflection of inventory costs.
• Work closely with production, procurement, and supply chain finance teams to ensure alignment on cost management strategies.
• Prepare and analyze plant’s operational and financial performance on a monthly basis.
• Assist in preparing plant variance outlooks, lead annual standards cost review process, and assist in various facets of the plant budgeting process.
• Analysis and forecast of manufacturing variances & common cost on monthly basis.
• Ensure provision and accrual are recorded based on Accounting procedures and Policies.
• Carry out monthly SOX Controls procedures.
• Track, validate and monitor Continuous Improvement / Cost savings projects.
• Miscellaneous Analysis: any ad hoc task as assigned by management.

Minimum Education and Experience Requirements

• Minimum Degree in Accountancy/Finance. ACCA, CIMA or CPA preferred.
• Minimum 10 years experience in manufacturing accounting (good understanding of standard costing and variance analysis). Preferably in multi-national manufacturing environment.
• SAP or equivalent ERP system exposure is a must.