Senior Cost Analyst

Private Advertiser; Shah Alam; Presencial; MYR 90.000 - 150.000; Jornada completa

Descripción de la vacante

Private Advertiser in Shah Alam, Malaysia is seeking a highly analytical Senior Cost Analyst to support financial planning, cost management, and business performance improvement. You will analyze manufacturing and operational costs, provide actionable insights, and help drive profitability and efficiency.

The role requires experience in budgeting/forecasting, cost variance analysis, and strong Excel skills; Power BI/Power Query knowledge is a plus.

Formación

• Strong background in financial analysis and cost management.
• Experience with budgeting, forecasting, and management reporting.
• Manufacturing costing and cost variance analysis preferred.
• Knowledge of FP&A, inventory valuation, and cost structures.
• Proficiency in Excel; Power Query and Power BI advantageous.

Responsabilidades

• Cost analysis and control of manufacturing and operation costs.
• Assist in budgeting, forecasting, and financial planning.
• Prepare monthly management reports and variance analysis.
• Analyze product costs, overheads, inventory valuation, and margins.
• Identify cost-saving opportunities and drive efficiency.
• Support audits and ensure policy compliance.
• Undertake ad hoc finance projects.

Conocimientos

Cost analysis

Budgeting

Forecasting

Management accounting

Product costing

Profitability analysis

FP&A

Power BI

Power Query

Educación

Bachelor’s degree in Accounting/Finance

ACCA/CIMA/CPA/MIA membership

Herramientas

Excel

Power BI

Descripción del empleo

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 the focus on cost efficiency and profitability.