Cost Accountant (Manufacturing)(Kamunting)

About Our Client

The employer is a well-established organisation in the manufacturing industry, known for its commitment to innovation and quality. They provides an excellent platform for professionals to contribute to impactful projects in a supportive environment.

Job Description

• Setting Standard Costs : Define standard costs for materials, labour, and overhead by using historical information, industry standards, and other pertinent data.
• Variance Monitoring : Track and analyse the differences between standard costs and actual production costs, investigating and explaining any significant discrepancies to management.
• Budgeting and Forecasting Support : Help develop budgets and forecasts focused mainly on overhead costs by providing relevant cost insights. Track actual results versus budget and explain any variances.
• Inventory Management : Establish and uphold inventory control procedures to ensure accurate tracking and valuation of inventory based on standard costs.
• Cost Reporting : Generate regular reports on costs and performance metrics to monitor key cost factors, highlight areas for improvement, and offer cost-saving recommendations to management.
• Process Enhancement : Work with various teams to find and implement opportunities to improve processes and reduce costs, driving efficiency gains where possible.
• Regulatory Compliance and Controls : Maintain adherence to accounting standards, internal controls, and regulations in all cost-related tasks, identifying and resolving any compliance or control issues.

The Successful Applicant

What’s on Offer

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