Costing Assistant Manager / Manager

Roles & Responsibilities

Manufacturing Costs and Inventory Control

Manage all aspect of cost accounting work including standard cost update, variance analysis, intercompany profit elimination, revenue/purchases cut-off testing and other month-end close tasks.

Manage day-to-day operations of the cost accounting function from management of costs to supporting Operations team

Responsible for monthly inventory reconciliation, GP reconciliation, production wastages analysis, inventory provision, review of open production order aging report & AP/inventory aging report, customer and vendor consigned inventory, monthly costing reports

Oversee processes and controls associated with manufacturing costs; direct and indirect costs including compliance to Group and Company policies and procedures

Conducts physical inventory and monitor cycle-count program

Monitor BOM and liaise closely with operations team.

Product Costing and Transfer Pricing

Calculates and maintain a list of accurate and up-to-date product costing for existing SKUs and supporting on cost simulation for new product development.

Maintain accurate standard costs of manufacturing components and finished goods in the ERP system

Work with Procurement team to calculate impact of changes in procurement prices of raw materials, and support on negotiation discussion

Update of quarterly transfer pricing

Plan, organize and direct all the activities of the cost accounting function

Support on annual transfer pricing documentation update and year end statutory audit.

Indirect Tax – SST and SSB

Ensure SST/SSB computation are correctly performed, reconciled and payment made on time

Liaise with Custom on any audit/other matters

Others

Actively participate in the annual budgeting process by providing updated cost information across different product lines
Manage day-to-day operations of the existing cost accounting function from management of current rates to monthly close and analysis

Maintain integrity and accuracy of accounting system

Prepare ad hoc reporting and analyses and assist team with special projects as requested

Liaise with production, engineering, supply chain and warehousing departments for continuous improvement

Identify any improvement areas to ensure continuous efficiency and effectiveness



Requirements

Minimum a Degree in Accountancy/Finance/Costing accounting or related professional qualifications, with a sound understanding of accounting standards.

Minimum 5-8 years of relevant experience in similar role(s) and with External Audit/Full set Accounting Experience will be added advantage.

Must have strong cost management background in a manufacturing environment, preferably from an MNC/FMCG

Hands-on experience using ERP system, and have done system implementation setup of a manufacturing module

Strong analytical mindset, meticulous, and pro-active in solving problems

Ability to multi-task and work independently in a fast-paced environment

Strong and positive interpersonal skills, with ability to communicate effectively across different levels in organization

Strong planning & organizational skills, with ability to work under tight deadlines independently, team player,

Computer literate i.e. MS Word, MS Excel, software application