Volo Active Resources
Cost Accountant
Skills
2 months ago
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Important information
Contract type:
Permanent
Salary:
MYR 72,000 – MYR 96,000 / year
Location:
Petaling Jaya, Selangor, Malaysia
Work mode:
Onsite
Published on:
18 August 2026
What they need
About the role
The Cost Accountant will be responsible for monitoring production costs, inventory valuation, cost analysis, budgeting support, and profitability assessments. This role works closely with the Finance, Operations, Procurement, and Production teams to ensure accurate cost allocation, identify cost-saving opportunities, and drive continuous improvement in financial performance.
Key responsibilities
- Prepare and maintain product costing, standard costing, and cost analysis reports.
- Monitor manufacturing and operational costs, identify variances, and recommend corrective actions.
- Perform inventory valuation, inventory reconciliation, and stock movement analysis.
- Analyze material, labour, and overhead costs to identify opportunities for improved profitability.
- Support budgeting, forecasting, and financial planning processes.
- Prepare monthly cost performance reports and management dashboards.
- Work closely with Operations and Procurement teams to optimize cost efficiency and control spending.
- Assist with month-end and year-end closing activities related to inventory and cost accounting.
- Ensure compliance with accounting standards, internal controls, and company policies.
- Support internal and external audits by providing relevant cost and inventory documentation.
About you
- Bachelor's Degree in Accounting, Finance, or a related field.
- Professional accounting qualifications such as ACCA, CIMA, CPA, or equivalent will be an added advantage.
- Minimum 3–5 years of experience in cost accounting, preferably within a manufacturing or production environment.
- Strong knowledge of inventory accounting, costing methodologies, and financial reporting.
- Experience with ERP systems and strong proficiency in Microsoft Excel.
- Excellent analytical, problem-solving, and communication skills.
- Able to work independently while collaborating effectively with cross-functional teams.
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