Cost Accountant

Job Type

Description

Operational/Product cost analysis

• Collect and analyze product cost data (materials, labor, overhead, freight/shipping) to improve cost visibility and margin performance.
• Daily check quote/sale order of selling price provided by sale team, release new items and input selling price into the system for those items in approved quote/sale order of selling price.
• Check oversize cost of raw material which is proposed to use by planning. If the cost is charged to customers, follow up to ensure the cost is fully collected.
• Follow up the returned goods as well as written off or scrap goods/inventory.
• Check compensated goods proposed by sale team before sending them to AM for approval. Send approved documents to relating departments as well as filing it in finance’s document.
• Check cost of sample goods, calculation compensation from suppliers (if have).
• Monthly run cost rolling for finished goods and prepares relating reports. Run cost of goods sold for monthly financial report preparation.
• Monthly inventory physical count to check sample rolling to ensure reconciliation between physical and accounting booking to solve the discrepancy.
• Verify data for business excellence (BE) project monthly.

Cost standards

• Set, maintain, and roll standard costs for manufactured goods; develop and analyze standards rate (materials, labor, overhead, freight/shipping) and key cost drivers.
• Determine cost structure, work center, variable and fixed cost and separate var/fix cost in product cost/rates.
• BOM & routers: Partner with Engineering to maintain BOMs/routers that support accurate product costing.
• Maintain costing master data to ensure accurately cycle cost allocation to products wise.
• Verify and control ensure accurately monthly inventory costing.
• Guiding & issuing necessary work instructions to book accurately production expenditure to Cost Centre, work centre and general ledger.

Variance reporting

• Analyze and explain PPV, labor, and overhead variances, capacity utilization; recommend actions to reduce cost and waste.
• Partnership with operation departments to investigate root cause and driving corrective action.

Reconciliations

• Perform month‑end inventory/WIP and cost account reconciliations; support cycle counts and inventory accuracy.

FP&A partnership

• Provide margin and job‑level profitability insights for management reporting; support forecast and annual planning inputs.

CVP & decision support

• Perform cost‑volume‑profit (breakeven) and make‑vs‑buy analyses to support pricing, capacity, and sourcing decisions.

Capital expenditures

• Support/validate/analyze manufacturing related CAPEX applications regarding payback.

Estimation/Order backlog review

• Liase with Estimation team regarding sales related estimates and validate cost assessment (pre‑calculation) in order backlog.

Other report/responsibilities

• Perform other related duties as assigned by AM.

Requirements

• Experience: 4-5 years of cost accounting in manufacturing; high precision/semiconductor equipment experience is a plus.
• Education: Bachelor’s degree in accounting, Finance, or related field.
• Technical skills: Advanced Excel and manufacturing ERP experience (MS Dynamics AX/365 is a plus or SAP, Oracle, Misa, Fast).
• Knowledge: VAS, IFRS, GAAP, standard/product costing, inventory/WIP knowledge and management reporting fundamentals.

Benefits

• Experience: 4-5 years of cost accounting in manufacturing; high precision/semiconductor equipment experience is a plus.
• Education: Bachelor’s degree in accounting, Finance, or related field.
• Technical skills: Advanced Excel and manufacturing ERP experience (MS Dynamics AX/365 is a plus or SAP, Oracle, Misa, Fast).
• Knowledge: VAS, IFRS, GAAP, standard/product costing, inventory/WIP knowledge and management reporting fundamentals.