Job Description
1. Cost Control & Analysis:
- Develop, implement, and maintain effective cost control systems and procedures for all plantoperations.
- Monitor and analyze actual costs against budgets and forecasts, identifying variances andinvestigating their root causes.
- Prepare detailed cost reports, highlighting key trends, performance metrics, and areas forimprovement.
- Lead monthly/quarterly cost reviews with department managers to discuss performance andaction plans.
- Drive continuous improvement in cost management by identifying and implementing cost-savingopportunities.
2. Budgeting & Forecasting:
- Lead the annual plant budgeting process, collaborating with departmental managers to establishrealistic and achievable cost targets.
- Develop accurate and reliable cost forecasts based on production plans, material prices, andoperational changes.
- Monitor capital expenditure (CAPEX) budgets and project costs, ensuring adherence to approvedplans.
3. Product Costing & Pricing Support:
- Understanding accurate standard costs for all products, and respective allocation of direct andindirect costs.
- Analyze product profitability and provide cost data to support pricing decisions and new productdevelopment.
- Conduct "should cost" analysis and value engineering studies to identify cost reductionopportunities in product design and manufacturing.
4. Production Analysis:
- Work closely with production and supply chain teams to optimize inventory levels and reducewaste.
- Analyze production variances (e.g., efficiency, scrap, rework) and their impact on overall costs.
- Provide financial insights into production efficiency and bottleneck identification.
5. Reporting & Compliance:
- Prepare and present financial reports to plant management, corporate finance, and otherstakeholders.
- Ensure compliance with corporate policies.
6. Leadership & Collaboration:
- Mentor and potentially supervise junior cost staff (if applicable).
- Collaborate effectively with cross-functional teams including Production, Engineering, SupplyChain, and Sales.
- Act as a financial business partner to plant operational leadership, providing proactive financialguidance and support.
7. System Improvement:
- Identify opportunities to improve costing systems, processes, and tools (e.g., reportingautomation).
Qualifications
Education
- Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
- Experience 5-7 years of progressive experience in cost accounting or financial analysis within amanufacturing environment.
- Proven track record of driving cost reductions and process improvements.
Technical Skills
- Strong proficiency in SAP (S4 as preference) with hands-on experience in cost modules.
- Advanced Excel skills (pivot tables, VLOOKUPs, financial modeling).
- Experience with business intelligence (BI) tools (e.g., Power BI, Tableau) is a plus.
- Solid understanding of standard costing, activity-based costing, and variance analysis.
Soft Skills
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication and interpersonal skills, with the ability to present complex financialinformation clearly and concisely to diverse audiences.
- Ability to work independently and collaboratively in a fast-paced manufacturing environment.
- Strong leadership capabilities and the ability to influence others.
- Detail-oriented with a high level of accuracy.
- Proactive and results driven.
Additional Information
- Leave Entitlement e.g: Annual Leave, Medical Leave and etc
- Company Insurances and etc
Job Type: Full-time
Pay: Up to RM10,000.00 per month
Education:
Experience:
- Manufacturing Costing: 5 years (Preferred)
- Buegeting & Forecasting cost: 5 years (Preferred)
- working in manufacturing company: 5 years (Preferred)
Work Location: Hybrid remote in Bayan Lepas