Senior Cost Accountant

A leading manufacturing organisation in Penang is seeking a Senior Cost Accountant to join their team and play a pivotal role in driving operational efficiency, cost control, and profitability.

This opportunity offers you the chance to make a meaningful impact by managing standard costing, inventory valuation, and cost analysis while ensuring financial compliance and supporting month-end close activities. You will be empowered to deliver valuable insights that shape business decisions and contribute to the overall success of the site. The company values collaboration, accountability, and flexibility, providing an environment where your expertise is recognised and your professional growth is supported through ongoing training opportunities and exposure to special projects. If you are passionate about manufacturing finance and thrive in a supportive workplace with flexible working opportunities, this role is designed for you.

• You will have the opportunity to lead cost accounting processes that directly influence operational efficiency and profitability, making your contributions highly visible across the organisation.
• The company fosters a collaborative culture where cross-functional teamwork is encouraged, allowing you to connect with colleagues from various departments and share your knowledge.

What you'll do:

As a Senior Cost Accountant based in Penang, you will be entrusted with responsibilities that span daily cost accounting operations, standard costing maintenance, month-end close leadership, inventory analysis, budgeting support, audit preparation, and participation in special projects. Your day-to-day activities will involve collaborating closely with manufacturing teams to ensure accurate financial records are maintained while providing insightful analysis that drives decision-making. Success in this role requires you to be highly organised, detail-oriented, proactive in identifying process improvements, and committed to fostering strong inter-personal connections across departments. You will play an integral part in shaping financial strategies that enhance operational efficiency while supporting compliance initiatives. Your ability to manage multiple priorities effectively will ensure smooth month-end closes and reliable reporting outcomes. By contributing your expertise in manufacturing finance workflows and cost drivers, you will help build a dependable foundation for business growth.

• Oversee daily cost accounting transactions to ensure accuracy, completeness, and timeliness while serving as the primary point of contact for cost accounting matters across departments.
• Maintain and update standard costs for materials, labour, and overhead in accordance with internal controls, accounting standards, and corporate policies.
• Lead month-end close activities including cost allocations, inventory valuation, accruals, account reconciliations, and preparation of variance analyses highlighting key cost drivers impacting performance.
• Support additional reporting requirements for month-end, quarterly, and yearly close by delivering comprehensive financial insights.
• Manage product costing and inventory-related analysis to inform business and operational decisions while coordinating annual physical inventory counts.
• Ensure proper valuation and documentation of inventory by maintaining complete audit trails for all costing activities.
• Assist in annual budgeting and forecasting processes by monitoring actual performance against targets and explaining variances.
• Identify compliance issues or control weaknesses within costing processes and propose improvements to strengthen internal controls.
• Prepare cost-related schedules and documentation to support internal and external audits as well as participate in special projects such as system upgrades or e-invoicing implementation.
• Undertake ad-hoc assignments as required to support the broader finance function.

What you bring:

To excel as a Senior Cost Accountant in Penang, you will bring substantial experience gained from at least six years working within manufacturing finance environments. Your academic background in Accounting or Finance equips you with essential technical knowledge while your hands-on expertise ensures you can navigate complex costing scenarios confidently. You possess advanced analytical skills that enable you to interpret intricate financial data sets accurately. Your proficiency with Oracle EBS (Costing Module) streamlines process management while your mastery of Microsoft Excel enhances reporting capabilities. You are known for being highly organised—able to juggle multiple tasks without compromising quality—and your collaborative nature makes you an effective communicator across functions. Your strong sense of ownership means you take responsibility for outcomes while remaining flexible enough to adapt quickly when priorities shift. Understanding manufacturing workflows allows you to provide valuable insights into cost drivers that underpin business decisions. Your commitment to continuous improvement ensures compliance issues are addressed proactively.

• Degree in Accounting, Finance or related field demonstrating foundational knowledge required for the role.
• Minimum of 6 years of costing experience within a manufacturing environment showcasing proven expertise.
• Experience with Oracle EBS (Costing Module) is highly preferred as it supports efficient workflow management.
• Strong knowledge of standard costing principles combined with practical experience in product costing.
• Proven analytical abilities enabling you to handle complex financial data with precision.
• Proficiency in Microsoft Excel allowing for effective data manipulation and reporting.
• Highly organised approach ensuring attention to detail across multiple priorities.
• Collaborative communication style facilitating effective cross-functional interactions within the organisation.
• Strong sense of ownership coupled with accountability for delivering accurate results on tight deadlines.
• Understanding of manufacturing workflows and cost drivers supporting informed decision-making.

What sets this company apart:

This organisation stands out for its commitment to fostering a supportive workplace where collaboration is valued above all else. Employees benefit from flexible working opportunities that accommodate personal needs alongside professional responsibilities. The company invests heavily in training programmes designed to nurture talent at every stage of their career journey—ensuring you have access to resources that promote both technical skill development and inter-personal growth. Special projects such as system upgrades or e-invoicing implementations offer exposure beyond routine tasks so you can broaden your experience base. The leadership team prioritises open communication channels which encourage sharing ideas freely among colleagues; this creates an inclusive environment where everyone’s voice is heard. With a focus on operational excellence backed by dependable processes, the company provides stability while empowering individuals like yourself to make meaningful contributions toward shared goals. You’ll find yourself surrounded by knowledgeable professionals who value teamwork—making it easy for new joiners to integrate seamlessly into communal networks built on trust and mutual respect.

What's next:

If you are ready to make a lasting impact as a Senior Cost Accountant within a supportive manufacturing environment in Penang, now is the perfect time to take the next step in your career journey!

Apply today by clicking on the link provided—your future awaits!

Do note that we will only be in touch if your application is shortlisted.

Agensi Pekerjaan Robert Walters Sdn Bhd
Business Registration Number : 729828-T
Licence Number : JTKSM 423C