Cost Accountant
1 week ago
**Job Summary**:
The Cost Accountant is responsible to manage and evaluate cost-related financial data, supporting strategic pricing, budgeting, and overall financial decision-making. This role is critical in preparing cost reports, monitoring business expenses, ensuring cost efficiency, and contributing to the organization's financial performance.
**Key Responsibilities**:
**Cost Management & Analysis**
- Prepare and analyze cost reports, including variance analyses and cost control strategies.
- Track and monitor production costs, raw material usage, labor expenses, and overhead allocations.
- Assist in developing and maintaining cost standards for products and services to support competitive pricing.
- Periodically review and update standard costs based on market trends, operational shifts, and business requirements.
**Collaboration & Reporting**
- Work closely with procurement, operations, sales, and other departments to promote cost efficiency across the organization.
- Conduct cost-benefit analysis on new projects, pricing strategies, and financial forecasts.
- Ensure adherence to financial policies, internal controls, and relevant accounting principles.
- Support month-end closing processes, including cost reconciliation and financial reporting.
- Prepare comprehensive costing reports and offer actionable insights to support management decisions and audit readiness.
**Cost Optimization & Strategic Recommendations**
- Identify potential cost-saving opportunities and make data-driven recommendations for continuous improvement.
- Contribute to the design and implementation of financial models to optimize operations and resource allocation.
**Job Requirements**:
- Bachelors degree or higher in Accounting, Finance, or a related field.
- Professional certifications such as ACCA, CIMA, or CPA are strongly preferred.
- Minimum 3 years of experience in cost accounting, finance, or related roles experience in a manufacturing environment is highly desirable.
- In-depth knowledge of cost accounting, financial reporting, and budgeting principles.
- Proficient in Microsoft Excel, including PivotTables, VLOOKUP, Macros, and financial modeling techniques.
- Strong analytical thinking, problem-solving skills, and keen attention to detail.
- Self-motivated, capable of working independently, and able to meet strict deadlines.
- Proficient in Chinese, English, and Bahasa Malaysia (spoken and written).
Pay: RM4,000.00 - RM8,000.00 per month
**Benefits**:
- Opportunities for promotion
- Professional development
Schedule:
- Fixed shift
- Monday to Friday
**Education**:
- Bachelor's (preferred)
**Experience**:
- Accounting & Finance: 1 year (preferred)
**Language**:
- Mandarin (preferred)
Work Location: In person
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