Sr Cost Accountant

Penang, MalaysiaPosted May 4, 2026
Primary Duties & Responsibilities: * Support semi-annual standard cost update and conduct detailed analysis for material cost change * Perform simulation of standard cost with computation of resource and overhead rates to support annual budget and LRP exercise as driver for management decision * Review requirement of change for bill of material (BOM) and routing hours to support for operational process change * Present manufacturing dashboard, yield and scrap KPI reporting, to review with operations to communicate findings and drive for cost optimization and process improvement * Responsible for monthly COGS variance detailed analysis, forecast bridging commentaries to identify root cause and provide actionable insights to the management * Support annual budget and quarterly forecast preparation for COGS variances and manufacturing costs * Be a finance business partner with manufacturing and operation team to support financial analysis on their improvement projects * Oversee SOX compliance, support interim/annual audit cycle and address internal and external audit request * Perform cost validation, data compilation and tasks assigned by the management when required Requirement: * Degree in Accounting or Finance/Professional Qualification in Accounting (CIMA/ACCA) * Minimum 6 - 8 years related experience in Product Costing or Inventory Accounting * Experience in Oracle is strongly preferred * Experience with advanced skill in MS Excel, advance data analytical reporting & visualization tools is a plus * Business acumen with understanding of manufacturing process and end-to-end inventory cycle * High organizational and time management skills with ability to prioritize effectively in a fast-paced environment * Strong analytical skills, meticulous and attention to detail * Ability to work under pressure, work with ambiguity and initiate innovation * Strong communication skills interfacing across functions and multiple levels in the organization * Demonstrate traits of teamwork, integrity and accountability

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