SENIOR EXECUTIVE, COSTING

Composites Technology Research Malaysia Sdn. Bhd.; Malacca City; On-site; MYR 60,000 - 80,000; Full time

Job summary

A research company in Malaysia is seeking an experienced Accountant to analyze project profitability, prepare cost reports, and conduct cost analyses. Candidates must possess a Bachelor’s Degree in Accountancy or an equivalent qualification, along with a minimum of 5 years of relevant experience in financial analysis or management accounting. Strong technical knowledge of cost analysis, proficiency in Microsoft Excel, and the ability to communicate effectively are also essential for success in this role.

Qualifications

• Minimum of 5 years of experience in costing and financial analysis or management accounting.
• Strong technical knowledge with proven analytical and problem-solving capabilities.
• Proficient in Microsoft Excel and other MS Office tools.

Responsibilities

• Analyze and review monthly profitability by project including actual vs. forecast variances.
• Prepare detailed cost reports highlighting key factors affecting prices and profitability.
• Perform cost analysis, purchase price simulations, and cost behavior studies.

Skills

Analytical skills

Problem-solving skills

Cost analysis

Microsoft Excel

Communication skills

Customer engagement

Education

Bachelor’s Degree in Accountancy or equivalent

Tools

Microsoft Excel

ERP Finance module

Job description

Composites Technology Research Malaysia Sdn. Bhd. – Melaka

Bachelor’s Degree in Accountancy or equivalent professional qualification (CIMA/ACCA).

Minimum 5 years of relevant experience in costing and financial analysis, or management accounting.

Strong technical knowledge with proven analytical, problem-solving, and cost analysis capabilities.

Proficient in Microsoft Excel and other MS Office tools, with the ability to present data effectively through charts, graphs, and reports.

Solid expertise in inventory management and material planning.

Demonstrated ability to work independently and collaboratively, with strong communication, customer engagement, and continuous improvement mindset.

RESPONSIBILITIES

Analyze and review monthly profitability by project including actual vs. forecast material usage, labor, and overhead variances.

Prepare detailed cost reports comparing actual and projected production costs, highlighting key factors affecting prices and profitability.

Perform cost analysis, purchase price simulations, and cost behavior studies to support pricing and profitability decisions.

Monitor and maintain the Program Accounting System and ensure accurate ERP Finance module transactions related to costing.

Maintain accurate product cost data, related documents, and databases for reliability and compliance.

Determine cost implications and impact on profitability due to changes in raw material, process and services resulted from customers’ change in product design.

Liaise with Program Managers, Program Leaders, and auditors (internal & external) on any findings and support decision-making.

Participate in Lean activities, stock take exercises, and continuous improvement initiatives to optimize cost efficiency.

Support external audits by preparing necessary costing and asset related reports.