Cost Accountant

Forecasting and budgeting:

- Assist in compiling, monitoring, and producing budget/forecast,

- Present budget holders with historical cost/ ratios to assist spending in line with approved budget/forecast,

- Compile and facilitate preliminary budgets and capture in SAP,

Monthly cost controlling:

- Monitor cost allocation as per approved budget/forecast,

- Prepare & submit weekly and monthly variance reports to department manager and ensure correction in SAP if required,

- Review monthly prepayment recurring entry, accrual list, clear invoice/PO difference,

- Hold pre-close review meeting with the department managers to identify misallocation/ under accrual/ over accrual,

- Review PO to align with budget and cost code,

Inventory valuation:

- Monthly reconciliation and sign-off between FPA/Accounting and Operation on physical numbers,

- Reconcile physical number with SOH in SAP and proposed adjustment to Processing department,

- Do inventory valuation and accrue for royalty/EPF and post adjustment entry to SAP,

- Work with external auditor/tax authority on matter related to costing.

Capital expenditure monitoring:

- Monitor capital expenditure and compile Capex statement for quarterly and monthly capital meetings and submit to supervisor,

- Prepare CIP report and monitor projects progress of company,

- Compile capital application in conjunction with project leader