Job Opportunities API

Overall: • Costing and budgeting • Variance analysis • Standard cost setting • Analysis of actual cost • Inventory management • Account payable function Job Responsibilities: • Collaborate with business units, operations, and supply chain teams by providing accurate financial insights for management of inventories and manufacturing cost-related matters. • Work extensively with the procurement and production team in handling product costing to develop actual cost/ standard cost models, maintain periodic cost revision exercises, and ensure accuracy in the Bill of Materials. • Periodic review and analysis of production, manufacturing and price variance to ensure effective cost control. • Monitor production yields, scrap rates, and wastage, providing data-driven insights to reduce waste and improve efficiency. • Review and analyze fixed and variable cost reports, provide commentary on cost behavior patterns, and identify cost-saving opportunities. • Track and record actual expenses for raw materials, direct labor, and manufacturing overheads as they occur. • Responsible for inventory including physical inventory, inventory control and reconciling inventory module to general ledger and other tasks related to inventory and cost of goods sold. • Actively participate in the annual budget, business plan and monthly rolling forecast process by providing updated cost information across different product lines and manufacturing lines. • Participate in month-end closing activities, analyzing financial performance and budget vs actual result variance analysis. • Perform balance sheet reconciliations for inventory accounts to ensure accuracy of the general ledger. • Conduct thorough assessment of CEA/EA applications, analyze applicants’ justifications, provide constructive financial challenges to promote cost efficiency, and ensure expenditures remain within approved budget limits and company financial guidelines. • Develop a strong understanding of data inputs in support of Standard Cost setting • Support accounting tasks as needed and participate in special projects such as system upgrades, e-invoicing implementation, and UAT testing Involved in ERP system process improvement. Leverage capabilities and identify areas for process improvement. • Support external audit and tax preparation functions as relates to cost accounting. • Maintain internal control documentation, provide government and statistic reports, assist in annual audit and tax reporting. • Liaise with internal/external stakeholders as and when necessary. • Perform people management responsibilities, which include planning, assigning tasks, publish KPI's related to the team's process area, coaching and development. • Ad-hoc assignments to be assigned by the superior / management from time-to-time. Job Requirements: • Bachelor’s degree in accounting/ finance • Professional qualification (CIMA/ ACCA / CPA) • 5 - 8 years relevant working experience with a minimum of 3 years in manufacturing costing and a strong understanding of manufacturing processes and Bill of Materials (BOM). • Experience in the oil and gas industry is an advantage. • Experience in Oracle ERP system (cost module, AP module, internal orders, BOM and etc). Experience in system implementation is advantageous. • Strong sense of responsibility, independence, and motivation • Strong knowledge of financial reporting standards, tax regulation, laws, bank matters and any other compliance requirements • Strong analytical and problem-solving abilities. • Meticulous and pays attention to details. • Good knowledge of Microsoft applications, such as strong working knowledge & skill in Excel • Able to communicate in Malay, English • Candidate who able to communicate in Mandarin and liaise with regional level and oversea stakeholders from China is an added advantage