Costing Analyst

2 weeks ago

Kuala Lumpur, Malaysia bp Full time

Location
- Malaysia - Kuala Lumpur
- Travel required
- No travel is expected with this role
- Job category
- Finance
- Relocation available
- This role is not eligible for relocation
- Job type
- Professionals
- Job code
- RQ071091
- Experience level
- Intermediate

Job summary

**Entity**:
Finance
**Job Family Group**:
Finance Group
**Job Summary**:
The Costing Analyst delivers finance cost accounting and inventory services to the entities assigned while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.

**Key Accountabilities**
- Support significantly larger and/or more complex entities that require a good understanding of the nature of the business and the economic environment in order to execute activities effectively.
- Coordinate the prompt and accurate recording of financial activities (e.g. daily/monthly stock reconciliation, material price variance and landed cost variance analysis, costing worksheet preparation, cost revaluation, balance sheet reconciliation, etc.) in line with relevant requirements, policies and procedures.
- Prepare monthly assumption file for monthly revaluation changes and perform cost ledger/cost simulation/cost freeze in the relevant system.
- Prepares group transfer pricing with relevant analysis to explain the fluctuation of prices.
- Monitor open and overdue items and communicate and follow-up accordingly with the appropriate staff.
- Review reports generated by the fellow members to validate data and provide constructive input while ensuring submission in a timely manner.
- Resolve or further escalate any complex issues faced by junior analysts / interns and oversee and monitor their tasks as necessary.
- Liaise with senior stakeholders internally and externally as and when necessary.
- Support preparation of documents and adjustments for monthly, quarterly and year-end close.
- May carry out supervisory responsibilities such as planning, assigning and directing work, and providing feedback and coaching to team members.

**Essential Education & Experience**
- Bachelor’s Degree in Accounting.
- Minimum of 4 - 5 years of experience in manufacturing accounting with relevant knowledge in standard costing and inventory management.
- Proficiency in Chinese (written & verbal) as this role is required to support China.

**Preferred Criteria**
- Minimum of 3 - 4 years of experience in leading, developing and coaching teams.
- Shared service centre experience.
- Oil and gas industry experience.

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life These benefits can include flexible working options, paid parental leave policy among others

**Travel Requirement**

No travel is expected with this role
**Relocation Assistance**:
This role is not eligible for relocation
**Remote Type**:
This position is a hybrid of office/remote working
**Skills**:
Accounting, Cost Accounting, Inventory Management
**Legal Disclaimer**:
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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