Costing Analyst

1 day ago

Petaling Jaya, Selangor, Malaysia Quintus Search Full time 60,000 - 80,000 per year


Key Responsibilities: 

  • Study and understand company's manufacturing workflow and methodology for measuring machinery effectiveness, costing, variance analysis and inventory valuation.
  • Monitor daily production levels and ensure reasonability.
  • Review completed production - Ensure production costs are properly captured and analyze any variances.
  • Investigate any cost variances that are above acceptable threshold - Identify and record measurable corrective courses of action with production manager or plant manager.
  • Benchmark and track plant and machine performance levels based on yearly targets.
  • Participate in production meetings and report on weekly plant performance.
  • Understand financial impact of production reports and persuade internal stakeholders on performance improvement initiatives to drive impactful change.
  • Ensure full adherence to company's accounting policies, processes, procedures, and authorization levels.
  • Manage and execute ad-hoc compliance projects identified.
  • Involved in the development and implementation of continuous improvement for costing and analysis processes.

Essential Requirements:

  • Bachelor's Degree in Accounting & Finance or related field. 
  • Approximately 2-3 years of costing experience under a manufacturing plant environment. 
  • Prior experience in managing bill of material (BOM).
  • Familiar with the concept of standard costing and actual costing.
  • Passionate in continuously improving costing methodologies.
  • Strong analytical skills and excellent communication skills. 

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