Manufacturing jobs in Malaysia
Cost Accountant (Manufacturing)(Kamunting)
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Cost Accountant (Manufacturing)(Kamunting)
Job summary
A leading recruitment agency is seeking a cost accountant in Kamunting, Malaysia. The role involves monitoring standard costs, managing budgets, and ensuring regulatory compliance within a manufacturing environment. We are looking for a detail-oriented professional with a degree in Accounting or Finance and strong problem-solving skills. The position offers a competitive salary between MYR 8,000 and MYR 10,000 monthly, along with opportunities for growth in a supportive company culture.
Benefits
Qualifications
- Strong understanding of cost accounting principles and practices.
- Experience working in the manufacturing industry.
- Ability to work collaboratively with cross-functional teams.
Responsibilities
- Define standard costs for materials, labor, and overhead.
- Track and analyze variances in costs.
- Develop budgets and forecasts.
- Establish inventory control procedures.
- Generate cost performance reports.
- Identify opportunities for process improvement.
- Ensure compliance with accounting standards.
Skills
Education
The employer is a well-established organisation in the manufacturing industry, known for its commitment to innovation and quality. They provides an excellent platform for professionals to contribute to impactful projects in a supportive environment.
- Setting Standard Costs: Define standard costs for materials, labour, and overhead by using historical information, industry standards, and other pertinent data.
- Variance Monitoring: Track and analyse the differences between standard costs and actual production costs, investigating and explaining any significant discrepancies to management.
- Budgeting and Forecasting Support: Help develop budgets and forecasts focused mainly on overhead costs by providing relevant cost insights. Track actual results versus budget and explain any variances.
- Inventory Management: Establish and uphold inventory control procedures to ensure accurate tracking and valuation of inventory based on standard costs.
- Cost Reporting: Generate regular reports on costs and performance metrics to monitor key cost factors, highlight areas for improvement, and offer cost-saving recommendations to management.
- Process Enhancement: Work with various teams to find and implement opportunities to improve processes and reduce costs, driving efficiency gains where possible.
- Regulatory Compliance and Controls: Maintain adherence to accounting standards, internal controls, and regulations in all cost-related tasks, identifying and resolving any compliance or control issues.
- A degree in Accounting, Finance, or a related field.
- Strong understanding of cost accounting principles and practices.
- Experience working in Manufacturing industry
- Attention to detail and problem-solving skills.
- Ability to work collaboratively with cross-functional teams.
- Competitive salary range between MYR 8,000 and MYR 10,000 monthly.
- Permanent position offering stability and growth opportunities.
- Inclusive and professional company culture.
- Opportunities to work on impactful projects
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.