Senior Cost Analyst

Confidential Search; Shah Alam; Sur place; MYR 120 000 - 180 000; Plein temps

Résumé du poste

Confidential Search in Malaysia is seeking a Senior Cost Analyst to support financial planning, cost management, and business performance improvement, with a focus on manufacturing and operational costs. You will analyze costs, prepare monthly reports, assist in budgeting and forecasting, and identify cost-saving opportunities to drive profitability and efficiency.

The role requires strong Excel skills, FP&A experience in manufacturing, and the ability to influence decisions with actionable

Qualifications

• Bachelor's degree in accounting, finance, management accounting, or related discipline.
• Professional qualifications such as ACCA, CIMA, CPA, or CMA, or MIA membership, will be an added advantage.
• Relevant experience in financial analysis, cost management, budgeting, forecasting, or management reporting.
• Manufacturing costing and cost variance analysis experience preferred.
• Strong Excel skills; Power Query/Power BI knowledge a plus.

Responsabilités

• Cost Analysis & Control – Analyze and monitor manufacturing and operational costs, investigate variances, and recommend actions to improve efficiency.
• Budgeting & Forecasting – Assist in developing annual budgets, forecasts, and financial plans.
• Financial & Business Performance Analysis – Prepare monthly management reports and analyze performance against budgets/forecasts/targets.
• Product Costing & Profitability Analysis – Analyze product costs, material usage, overheads, inventory valuation, and margins.
• Cost Optimization & Improvement – Identify cost-saving opportunities and drive efficiency.
• Business Insights & Decision Support – Provide financial analysis to support pricing, margins, and performance.
• Internal Controls & Audit Support – Support audits and ensure compliance with policies and controls.
• Ad Hoc Assignments – Undertake additional finance-related projects.

Connaissances

Analytical thinking

Problem solving

Commercial awareness

Results oriented

Formation

Bachelor's degree in accounting/finance/management accounting or related

ACCA/CIMA/ CPA / CMA or MIA membership

Outils

Microsoft Excel

PivotTables

Power Query

Power BI

Description du poste

We are seeking a highly analytical and commercially minded Senior Cost Analyst to support financial planning, cost management, and business performance improvement. This role will focus on analyzing manufacturing and operational costs, monitoring financial performance, identifying cost-saving opportunities, and providing actionable insights to drive business efficiency and profitability.

Key Responsibilities

• Cost Analysis & Control – Analyze and monitor manufacturing and operational costs, investigate cost variances, and recommend corrective actions to improve cost efficiency.
• Budgeting & Forecasting – Assist in developing annual budgets, periodic forecasts, and financial plans to support business objectives and operational requirements.
• Financial & Business Performance Analysis – Prepare monthly management reports and analyze actual performance against budgets, forecasts, and targets to identify trends, variances, and areas for improvement.
• Product Costing & Profitability Analysis – Analyze product costs, material consumption, production overheads, inventory valuation, and profit margins to assess cost competitiveness and profitability.
• Cost Optimization & Improvement – Identify cost-saving opportunities, evaluate cost-reduction initiatives, and collaborate with relevant departments to improve operational efficiency and resource utilization.
• Business Insights & Decision Support – Provide financial analysis and recommendations to management on cost structures, pricing, margins, and business performance to support informed decision-making.
• Internal Controls & Audit Support – Support internal and external audits and ensure compliance with established financial policies, procedures, and internal controls.
• Ad Hoc Assignments – Undertake other finance-related projects and assignments as required by management.

Requirements

• Bachelor's Degree in Accounting, Finance, Management Accounting, or a related discipline.
• Professional qualifications such as ACCA, CIMA, CPA, or CMA, or MIA membership, will be an added advantage.
• Relevant experience in financial analysis, cost management, budgeting, forecasting, or management reporting.
• Manufacturing industry experience, particularly in manufacturing costing, product costing, and cost variance analysis, is preferred.
• Good understanding of cost structures, inventory valuation, profitability analysis, and financial planning and analysis (FP&A).
• Proficiency in Microsoft Excel, including PivotTables and advanced formulas. Knowledge of Power Query and Power BI will be an advantage.
• Strong analytical and problem-solving skills, with the ability to interpret financial data and identify improvement opportunities.
• Commercial awareness and a results-oriented mindset, with a focus on cost efficiency and profitability.