Cost Controller

Location: Penang Rest of Penang Work Type: Full Time Salary: 5000 to 8000
Good remuneration package & competitive salaries
Young, energetic, resourceful & creative culture
Largest lighting manufacturer

Job Overview:
In this role, you are required to ensures cost-effective operations for the group overall business model. You will use financial information to determine product portfolio margins, analyse profitability, prepare financial reports, and recommend ways to minimize operational costs
Job Description:

Manage and oversee product costing activities within the Group
Collect and organize cost information in the database of expenses
Determine and calculate fixed and variable costs (fixed assets, accrual, expenses, purchases etc)
Analyse month-end and year-end reports to recommend cost-effective changes / improvements (production cost, manufacturing operations, equipment utilisation, inventory valuation etc)
Analyse and determine product portfolio margin and develop standard cost including labour and overhead rates for the new year based on budget)
Analyse profitability by product and cost category using ERP as a tool and recommend changes / improvements where applicable
Work with the HR Department to prepare KPI dashboards and set parameters for the scorecard measurement
Monitor and follow through the KPI scorecards during Monthly Business Review (MBR) to ensure that the business performance is achieved

Education/Experience:

Minimum Bachelor's Degree in Accounting, Finance or equivalent
5 to 8 years working experience with 2 to 3 years of experience as a cost analyst. Experience in a global manufacturing environment would be a plus
Possess good knowledge in activity-based costing for fixed and variable costs in relation to the overall direct cost of a line of products
Possess in-depth knowledge of accounting principles and best practices
Excellent organisational, analytical and communication skills
Have eye for details to update information regularly into accounting software programmes and spot inaccuracies
Proficient in MS Excel and ERP Oracle Netsuite
Posted
06/23/2022
Location
George Town, 07, MY