Ranpak Hiring! Full Time Cost Accountant in Johor - Ricebowl

1.PURPOSE

• The Cost Accountant is responsible for cost control, cost analysis, and financial reporting to support manufacturing operations, month end closing and management decision-making. The role focuses on product costing, variance analysis, budgeting, and inventory control, ensuring accurate and timely cost information.

2.0 REPORTING

• The Cost Accountant reports to Senior Cost Accountant, Malaysia.

3.RESPONSIBILITIES

Cost Analysis:

• Cost simulation of new or existing product costing.
• Perform variance analysis (material, labor, overhead) and investigate cost deviations.
• Analyze production costs and finished goods valuation.
• Support product costing, new product launches (NPI), and cost reduction initiatives.
• Monitor and analyze material and machine efficiency and yield.
• Analyze PPV and production variance.

Cost Reporting & Closing:

• Support month-end closing in SAP, including cost-related journals and reconciliations.
• Prepare cost center reports, paper consumption report and production order variance report, PPV report.
• Preparation of annual budget, annual new standard cost, labor hour and activity rate calculation.
• Ensure US SOX compliance with company accounting policies.

Inventory Controls:

• Preparation of inventory report. Monitor inventory movements, slow-moving and obsolete stock provisions.
• Participate in physical inventory counts, cycle counts, and audits.
• Maintain strong internal controls over costing and inventory processes.
• Support external and internal audits.

Business Partnering:

• Maintain accurate inventory levels by performing regular cycle counts and reconciling any discrepancies.
• Work closely with Production, Engineering, Supply Chain, and Procurement teams.
• Provide financial insights to support cost reduction, make-or-buy, and process improvement / Kaizen initiatives.
• Support ERP costing modules (e.g., SAP, Blackline, CCB Changed Control Board).

4.0 MAIN TASKS

• The Cost Accountant is responsible for managing product costing, conducting variance analysis, and overseeing cost control and inventory valuation to ensure accurate financial reporting. The role also supports month-end closing, budgeting, and provides cost insights to aid operational efficiency and management decision-making.

5.0 PROFILE

• Bachelor’s Degree in Accounting, Finance, or related field.
• Professional qualifications (ACCA, CIMA, CPA,CMA) are preferred or in progress.
• Minimum of 2-5 years of experience in cost accounting, preferably in a manufacturing environment.
• Experience with standard costing and variance analysis is highly valued.
• Exposure to MNC or factory-based operations is an advantage.
• Strong analytical and problem-solving skills.
• Good understanding of manufacturing cost structures.
• Proficient in Microsoft Excel; experience with ERP systems is an advantage.
• Good communication skills and ability to work with cross-functional teams.
• Ability to work independently and meet tight deadlines.