Develop, implement, and maintain standard costing systems and processes.
Prepare, review, and update product costing, Bill of Materials (BOM), and labor cost structures.
Conduct variance analysis (standard vs actual cost, material usage, labor efficiency, overhead absorption).
Analyze manufacturing and operational costs to identify cost drivers and cost-saving measures.
Support pricing decisions by providing accurate cost and margin analysis.
Budgeting & Forecasting
Collaborate with operations and production teams to prepare cost budgets and forecasts.
Monitor and control cost performance against budget, highlighting variances with root cause analysis and corrective actions.
Provide cost-related insights to support strategic and operational planning.
Reporting & Compliance
Ensure timely and accurate reporting of product cost, profitability, and inventory valuation.
Prepare management reports on cost trends, profitability analysis, and cost reduction initiatives.
Ensure compliance with internal controls, accounting policies, and audit requirements.
Collaboration & Other Responsibilities
Manage and ensure accuracy and efficiency in all deliverables.
Collaborate with Production, Supply Chain, Procurement, and Sales to provide cost-related support.
Drive continuous improvement initiatives in costing processes, systems, and reporting.
Undertake ad-hoc assignments as and when required.
Qualifications:
Degree in Finance/Accounting or professional accountancy qualification (ACCA/MICPA/CIMA or equivalent).
Minimum 6-8 years of costing experience, preferably in manufacturing industry.
Strong business and financial acumen, critical thinking and problem solving, leadership and people management, process improvement mindset, high integrity and accountability.
Job Type: Full-time
Pay: RM8,000.00 - RM10,000.00 per month
Benefits:
Cell phone reimbursement
Health insurance
Maternity leave
Opportunities for promotion
Professional development
Work Location: In person
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