54 Cost Accounting jobs in Malaysia

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Responsible for the management and coordination of the company’s product costing and activities, budgeting, and inventory control. Support as a finance business partner with various cross-functional teams to provide financial expertise on plant projects.

1. Financial Reporting – Monthly, quarterly, and annual reporting of the plant business performance, including management reports (dashboards, SQDC metrics, project savings, etc.).
2. Lead quarterly financial projection with cross-functional and finance teams.
3. Lead Management Accounting team in monthly closing and daily tasks, including product costing, BOM and routing updates, work order analysis, inventory management, and variance reporting.
4. Oversee annual physical inventory exercises, coordinating with inventory owners and analyzing reconciliation results.
5. Review and improve cost accounting systems and processes to support business goals and productivity.
6. Review internal controls of inventory functions to ensure compliance with policies and Sarbanes-Oxley requirements.
7. Lead monthly financial review meetings with leadership to discuss risks and opportunities, preparing review packages.
8. Support operations on capacity, headcount planning, labor efficiency, and variance analysis.
9. Collaborate with business teams on plant projects to identify value drivers, cost savings, and financial feasibility.
10. Partner with cross-functional teams for data analysis and decision-making support.
11. Assist in annual budgeting for headcount, capacity, variable spending, and projects.
12. Participate in continuous improvement initiatives like the BD Production System Zero Loss Landscape assessment.
13. Perform other ad-hoc projects as required.

• 1-2 years relevant experience, preferably in a manufacturing MNC environment.
• Results-oriented, proactive, with strong interpersonal, communication, and analytical skills, and a mindset for continuous improvement.

• Primary Location: MYS Kedah - Bard Kulim (Malaysia)
• Work Shift: MY3 Normal 8a-4.45p Group 26 (Malaysia)

• Seniority level: Not Applicable
• Employment type: Full-time
• Job function: Finance
• Industries: Biotechnology Research, Medical Equipment Manufacturing, Research Services

3 days ago Be among the first 25 applicants

Alton Intelligent Technology Sdn. Bhd. is wholly foreign-owned by Alton Industry Ltd. Group, a US-based global supplier of household products and industrial tools, with a total land area of 45.25 acres.

The base in Malaysia has established a comprehensive complex of six full-featured factories. These factories integrate motor assembly, sheet metal processing, injection moulding, general assembly lines, and automated intelligent warehousing.

In addition to the core production and storage areas, it also carefully designed a five-story modern office building, two three-story canteens and activity centers full of life, and four five-story dormitory buildings.

I. Job Responsibilities:

• Responsible for establishing and maintaining the cost accounting system. Design standard cost accounting models based on the company's production processes, and define allocation rules for raw materials, labor, and manufacturing overhead.
• Oversee cost accounting work, including cost accounting for production, procurement, and inventory; preparation of accounting vouchers for finished goods warehousing, outsourced processing, material transfers, and processing fees.
• Lead cost analysis work, including conducting cost analyses, evaluating cost schemes, and continuously improving cost accounting methods to ensure accuracy and reliability of cost data.
• Drive cost reduction initiatives, leading or participating in cross-departmental cost-saving projects, quantifying cost-saving targets, and tracking their implementation.
• Lead the implementation and functional optimization of the SAP cost module to improve accounting efficiency.
• Manage, train, and motivate department personnel.
• Provide pricing support by offering cost-structure-based pricing recommendations to the sales department, analyzing competitors’ cost strategies, and enhancing market competitiveness.

II. Job Requirements:

• Bachelor’s degree or above in Accounting or a related field.
• At least 5 years of experience in cost roles within the manufacturing industry, with expertise in manufacturing cost accounting methods.
• Familiarity with production processes of the current or previous employer; experience in home appliances or power tools cost management is preferred, though experience in other manufacturing industries is also acceptable.
• Ability to streamline financial processes, establish new processes, and implement process improvements.
• Excellent cross-departmental communication and collaboration skills, with strong self-motivation.
• Proficiency in SAP; experience in SAP implementation is a plus.

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Accounting/Auditing
• Industries Appliances, Electrical, and Electronics Manufacturing, Household Appliance Manufacturing, and Manufacturing

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Purpose

With limited guidance, perform finance-related activities related to Financial Accounting, Reporting, Tax, Treasury, Group Re, Planning, FinOps and Performance Management. Ensure that all tasks and procedures are completed to achieve key business objectives. Efficient stakeholder management internally and externally.

Nature of work

• Key accountabilities

• Performance Management Accountabilities

Requirements:

• A bachelor’s degree in accounting, finance or a related field.
• Professional certification such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is preferred.
• 2 plus years of working experience in accounting or finance within the financial services industry. Preferably candidate with background in insurance or takaful industry.

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124898

Purpose

With limited guidance, perform finance-related activities related to Financial Accounting, Reporting, Tax, Treasury, Group Re, Planning, FinOps and Performance Management. Ensure that all tasks and procedures are completed to achieve key business objectives. Efficient stakeholder management internally and externally.

Nature of work

• Key accountabilities
• Performs close related ledger tasks, e. g. accruals, provisions, reconciliations and journals postings. Prepares ledger reports and other reports including those required by Group and regulators. Performs analysis of the results. Conducts accounts receivable and accounts payable activities. Performs basic technical research.
• Collaborates with internal and external stakeholders to ensure accounting, finance-related activities, processes and procedures are followed and completed. Enhances business decision making and supports development and execution of business strategy and other initiatives through robust data, accurate detailed financial analysis, insight and other relevant activities.
• Provides regular support as a subject matter expert to projects and internal initiatives by providing know-how and expertise in required areas. Monitors, optimizes and implements new automated processes by utilizing one or a combination of suitable technologies. Performs and updates ICFR controls in compliance with internal control guidelines.
• Performance Management Accountabilities
• Demonstrate commitment to corporate values.
• Take accountability for participating in the performance management cycle.
• Take proactive action to improve performance on the job.
• Involved in proactive collaboration and support co-workers.
• Take action to manage own personal development.

Requirements:

• A bachelor’s degree in accounting, finance or a related field.
• Professional certification such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is preferred.
• 2 plus years of working experience in accounting or finance within the financial services industry. Preferably candidate with background in insurance or takaful industry.