Senior Accounts Executive (Costing & GL)

SAIC Motor Malaysia Sdn Bhd; Kuala Lumpur; On-site; MYR 56,000 - 89,000; Full time

Job summary

SAIC Motor Malaysia Sdn. Bhd. invites a Senior Accounts Executive (Costing & GL) to contribute to inventory control, costing and general ledger activities within our manufacturing and distribution environment in Kuala Lumpur.

You will maintain inventory records, allocate costs by work order, prepare journals, support month-end closings and conduct cost variance analyses, working closely with warehouse and production teams, and liaising in Mandarin with stakeholders as required.

Qualifications

• Bachelor’s degree or diploma in Accounting, Finance or related discipline.
• 4 to 6 years of relevant experience, preferably in manufacturing costing, inventory accounting and general ledger.
• Understanding of inventory movements, standard/actual costs, work order costing, journal entries and month-end closing.
• Good Excel and ERP/accounting system skills; manufacturing costing system experience is an advantage.
• Willing and able to travel to company manufacturing facilities and other locations as required.
• Proficiency in Mandarin for communication with Mandarin-speaking stakeholders; good command of English and Bahasa Malaysia.

Responsibilities

• Inventory Accounting and Control: Maintain inventory movement records, reconcile physical stock and accounting records, support monthly counts and adjustments.
• Production and Manufacturing Costing: Collect processing charges, material consumption and overheads; allocate costs by product/work order and calculate costs.
• Work Order Reconciliation: Reconcile completed work orders, account for scrap/rework, and support gross margin analysis.
• General Ledger Accounting: Prepare and post cost, asset, accrual and closing journals; maintain reconciliations and schedules.
• Month-End Closing: Complete close activities by deadlines and ensure accuracy of ledger balances.
• Cost Variance Analysis: Investigate material losses, labour inefficiency and unusual expenses; elevate findings with data.

Skills

Excel

ERP/Accounting software

Mandarin

English / Bahasa Malaysia

Education

Bachelor’s degree or diploma in Accounting/Finance or related

Tools

Manufacturing costing system

Job description

Senior Accounts Executive (Costing & GL)

1. Inventory Accounting and Control: Maintain inventory movement records for materials, consumables, low-value items and spare parts; review receipts, issues, requisitions and returns; reconcile physical stock and accounting records, support monthly counts and record approved adjustments.

2. Production and Manufacturing Costing: Collect processing charges, material consumption and manufacturing overheads; allocate costs by product or work order and calculate completed product and unit processing costs.

3. Work Order Reconciliation: Reconcile completed work order quantities and associated costs; account for scrap, rework deductions and other adjustments, and support gross margin analysis.

4. General Ledger Accounting: Prepare and post cost, asset, accrual, allocation and closing journals; maintain appropriate reconciliations and supporting schedules.

5. Month-End Closing: Complete assigned close activities by deadlines, reconcile ledger balances, resolve unusual accounts and support the accuracy of financial records.

6. Cost Variance Analysis: Investigate material losses, labour inefficiency, unusual manufacturing expenses and unprofitable work orders, and elevate findings with supporting data.

Requirements

Bachelor’s degree or diploma in Accounting, Finance or a related discipline; equivalent relevant experience may be considered.

4 to 6 years of relevant experience, preferably in manufacturing costing, inventory accounting and general ledger.

Understanding of inventory movements, standard/actual costs, work order costing, journal entries and month-end closing.

Good Excel and ERP/accounting system skills; manufacturing costing system experience is an advantage.

High accuracy, problem-solving ability, sound documentation practices and ability to coordinate with warehouse and production teams.

Willing and able to travel to company manufacturing facilities and other work locations outside the Klang Valley as required for inventory verification, costing reviews and other finance-related activities.

Knowledge of Malaysian accounting practices and financial controls; experience in automotive or manufacturing is an advantage.

Proficiency in Mandarin (spoken, written and reading) is required for communication with Mandarin-speaking stakeholders and handling financial documents.

Good command of English and Bahasa Malaysia, both spoken and written, for day-to-day business communication and local financial matters.

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Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• How many years' experience do you have as a Costing Executive?
• Which of the following types of qualifications do you have?
• How much notice are you required to give your current employer?

SAIC Motor Malaysia Sdn. Bhd. is an international subsidiary company of SAIC Motor and the official distributor of MG cars in Malaysia.

SAIC Motor Malaysia plays a key role in handling distribution, sales and marketing, and after sales services.

SAIC Motor Malaysia Sdn. Bhd. is an international subsidiary company of SAIC Motor and the official distributor of MG cars in Malaysia.

SAIC Motor Malaysia plays a key role in handling distribution, sales and marketing, and after sales services.