Cost Accountant

Overview

INV New Material Technology (M) Sdn. Bhd. is the first Li-ion battery separator factory in ASEAN. It is a manufacturer and seller of lithium-ion battery separators and provides customers with technical solutions that meet the evolving needs of clients. We offer a dynamic and conducive working environment where employees can grow and excel. Currently, the Finance Department is looking for a highly motivated and creative Cost Accountant to join our growing team. In this role, you will be a specialist in Costing and Inventory.

Responsibilities

• Develop and maintain standard product cost per unit (labor, depreciation, maintenance and fixed overheads).
• Calculate and allocate production costs (labor, variable and fixed overheads).
• Analyse actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs. Prepare variance analysis (labor, materials, overheads) and report findings to management.
• Collaborate with production and procurement teams to ensure accurate costing of raw materials and packaging.
• Monitor inventory levels and perform inventory reconciliation, including analysis of spoilage, shrinkage, and wastage. Assist in the preparation of annual budgets and monthly forecasts.
• Support pricing decisions through product margin analysis.
• Participate in the development and implementation of cost control measures.
• Attend physical stock counts on the 1st day of every month.
• Perform recount if the variance is more than 1% on inventory value.
• Perform any assignments related to the company as and when required.

Qualifications

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