To manage and maintain accurate costing and budgeting data, support inventory control processes, and ensure cost standards and reporting align with business and regulatory requirements, planning activities, supporting reporting activities, compliance activities and other finance-related functions.
The role ensures accuracy, compliance, and timeliness of financial data to support effective financial management and statutory reporting.
Job Description
Product Costing and Cost Management
Maintain and update the production costing, pricing and budgeting modules accurately and on a timely basis. Ensure material costs are aligned with standard costs by collaborating with internal and external stakeholders.
Manage accuracy and timely calculation of product costs, taking into account material, labor, overheads, and manufacturing processes.
Analyze and compare estimated costs with actual costs from production and purchasing departments to determine variances and provide insights to
Assist to provide cost analysis and insights to support pricing, budgeting, and profitability decisions.
Ensure integrity of inventory and costing-related data for financial reporting purposes. Making sure that all the data related to inventory (i.e. quantities, values, movements) and standard costing (costs of production) is accurate, complete, and reliable.
Ensure integrity of inventory and costing-related data for financial reporting purposes.
Reporting, Analysis and Compliance
Assist in the preparation and review of monthly, quarterly, and annual financial reports related to costing.
Support compilation of variance analysis and explain cost performance versus budget and forecast.- Ensure timely and accurate submission of internal and external financial reports, aligning with corporate and statutory standards.
Support other ad hoc finance-related duties as assigned by management.
Budgeting and Forecasting
Support compilation of annual budgeting process and monthly forecast across departments.
Support internal planning and forecasting processes by providing accurate and up-to-date costing information.
Support preparation of analyze and provide data/report to facilitate and support operational decision-making and strategic planning.
Internal Controls & Risk Management
Ensure compliance with internal controls, accounting standards, and corporate policies within the costing functions.
Support audit processes and ensure implementation of corrective actions on audit findings.- Continuously assess and improve internal processes for better control and efficiency.
Job Requirement
Qualification : Bachelor's Degree in Accounting/Finance or a Professional qualification
Experience : Preferably, minimum 1 years progressive experience in finance and accounting role within a multi-national company. Working experience with audit firms is added value.
Skill :
Strong discipline with good interpersonal and communication skills.
High attention to details and accuracy
Strong analytical and problem solving skills
Strong sense of integrity and accountability.
Ability to work effectively under stressful situations, manage multiple priorities and work collaboratively across functions.
Possess continuous improvement mindset
Proficient in Microsoft Office applications and accounting system i.e SAP
Language : Be effectively bilingual in English and Malay
