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Cost Accounting Specialist

2 weeks ago

Petaling Jaya, Selangor, Malaysia AP Millennium Consultants Full time 60,000 - 90,000 per year

Role Summary

To support the Finance team in reviewing, validating, and reclassifying prior-period Universal Service Provision (USP) claim transactions to ensure proper accounting treatment and alignment with the General Ledger (GL). The role requires detailed investigation of project tagging, claim documentation, and reconciliation between working files and system records.

Responsibilities

Reclassification Verification

  • Review each claim transaction to confirm its classification status to USP receivables.
  • Maintain an updated log and supporting audit trail of all reviewed items.

GL Code Analysis

  • For items not reclassified to USP receivable, to trace the original entries recorded in the GL codes to determine if it were recorded to Opex, Capex, etc previously.
  • Recommend appropriate accounting adjustments/reclassification entries required to correct previous error in GL entries, thus, aligning with the USP Receivable recorded in GL against external claim submissions records.

Claim Status Tracking

  • Retrieve and tabulate the status of all USP project claims to MCMC (On-going, Completed, Expired).
  • Ensure consistency between internal records in GL and external claim submissions.

Requirements

Education:

  • Degree in Accounting, Finance, or related field.

Experience:

  • Minimum 2–4 years of experience in accounting, financial reconciliation, or audit.
  • Prior experience in telecommunications, regulatory reporting, or project accounting and/or involving in handling claims to MCMC is preferred.

Technical Skills:

  • Proficient in Microsoft Excel (VLOOKUP, pivot tables, reconciliation templates).
  • Working knowledge of SAP or Oracle, equivalent accounting system preferred.

Soft Skills:

  • Strong attention to detail and accuracy in data handling.
  • Good analytical and problem-solving skills.
  • Effective communication and stakeholder coordination abilities.
  • Ability to work independently with minimal supervision

Job Types: Full-time, Contract

Contract length: 12 months

Pay: RM4, RM6,000.00 per month

Education:

  • Bachelor's (Preferred)

Experience:

  • Accounting, financial reconciliation, or audit: 4 years (Preferred)

Work Location: In person