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Cost Accountant

3 weeks ago

Nilai, Malaysia AG Staffing Malaysia Full time

**Responsibilities**:

- Develop and maintain cost accounting system that ensures accurate costing.
- Produce daily reports on production, variance on ad hoc basis.
- Review and analyse standard and actual costs for variances and prepare reports.
- Update standard costs and ensure accuracy in the Bill of Materials (BOM’s)
- Segregation of Overheads into Fixed and Variable and Allocation to SKUs’ for fixing Selling prices.
- Working out process improvement / automation initiatives that would affect in time and cost efficiency results.
- Periodical reporting on production wastages.
- Implementation of proper systems / standards for control of production wastages.
- Prepare, analyse and report monthly gross margin analysis by Products / SKUs
- Analyse changes in product design, raw materials, manufacturing methods, or services to determine effects on costs.
- Study and collect data to determine costs of business activities such as raw material purchases, inventory, and labour.
- Responsible for account reconciliation of physical inventories and cycle counts.
- Prepare periodic inventory reserves reconciliation, analysing inventory for risk, and monitoring with support from internal stakeholders.
- Assist in month-end and year-end closing by analysing inventory and preparing supplemental reports as needed.
- Monitor and manage assets from acquisition to disposition.
- Study and report on Cost-Volume-Profit Analysis and Break-Even Sales / Capacities
- Creation of Cost Centers and identifying and analysing costs and eliminate redundancies.
- Critical Analysis of Input Material Price.
- Review and assessment of Plant Costing operations.
- Define and operate stringent review mechanism on a regular basis.
- Submission of periodical reports to Tax Authorities from time to time.
- Work on special projects as and when required.

**Requirements**:

- Bachelor’s degree in accounting, finance, or a related field
- Professional certification such as CMA/ACCA is preferred.
- At least five years of accounting experience in a manufacturing environment with costing experience
- Proficient in Microsoft Excel, Word, PowerPoint & Outlook
- Knowledge in SAP system in Finance / Costing / MM modules
- Committed team player with positive learning attitude and self-motivated.
- Ability to work under pressure to meet deadlines.
- Ability to demonstrate & communicate the issues to resolve.
- Proven track record of contributions for improvement of systems & controls in mitigation of losses and wastages.
- If required, need to travel to Head Office in Kuala Lumpur

**Job Types**: Full-time, Permanent

**Salary**: RM5,000.00 - RM8,000.00 per month