Financial Controller
4 days ago
We are seeking an experienced Cost Accounting Supervisor to join our Greenfield manufacturing site in Malaysia.
The successful candidate will be responsible for establishing and maintaining cost accounting processes, providing valuable insights into cost structures, and supporting data-driven decision-making.
This is a critical role that requires a detail-oriented and experienced professional who can work independently, manage multiple tasks, and prioritize work in a fast-paced environment.
About the Role:
- Develop and maintain cost accounting processes, procedures, and systems to support the financial framework of the Greenfield manufacturing site.
- Perform detailed cost analysis for raw materials, labor, and manufacturing overhead; provide regular cost reports and insights to support management in cost optimization and control.
- Partner with the existing Global Operations Finance team to transition from tactically performing cost accounting functions to strategically reviewing these functions.
- Coordinate/manage the external audit process as it pertains to cost accounting, including oversight of physical inventory counts.
- Conduct variance analysis to compare actual production costs against budgeted or standard costs. Identify discrepancies and recommend corrective actions to optimize costs.
- Support the finance team in developing and updating budgets and financial forecasts, focusing on production cost estimates and trends.
- Actively participate in Business Process Excellence initiatives in connection with the implementation of Oracle Fusion cloud-based ERP for the business.
- Work closely with manufacturing, procurement, and engineering teams to gain a thorough understanding of production processes and the impact on cost structures.
- Identify opportunities for process improvements in cost accounting and inventory management to enhance operational efficiency.
- Any other duties assigned.
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