Malaysia Penang Batu Kawan, Malaysia
28 days ago
Senior Cost Accountant

A Day in Your Life at MKS:
As a Senior Cost Accountant, you support the manufacturing site by managing standard costing, inventory valuation, cost analysis, and costing closing activities. The role ensures financial compliance, leads month-end close, and delivers insights that improve cost control, operational efficiency, and overall profitability.

You Will Make an Impact By:

1. Cost Accounting & Standard Costing

Oversee daily cost accounting transactions to ensure accuracy, completeness, and timeliness.Serve as the primary point of contact for cost accounting matters across departments.Maintain and update standard costs for materials, labor, and overhead.Ensure all costing processes comply with internal controls, accounting standards, and corporate policies.

2. Month-End Close & Reporting

Lead month-end close activities, including cost allocations, inventory valuation, accruals, and account reconciliations.Prepare variance analyses (actual vs. standard vs. budget) and highlight key cost drivers impacting performance.Support additional reporting requirements for month-end, quarterly and yearly close.

3. Inventory & Cost Analysis

Manage product costing and inventory-related analysis to support business and operational decisions.Coordinate annual physical inventory counts and ensure proper valuation and documentation.Maintain complete documentation and audit trails for all costing activities.

4. Budgeting, Forecasting & Controls

Assist in annual budgeting and forecasting processes.Monitor actual performance against targets and explain variances.Identify compliance issues or control weaknesses and propose improvements.

5. Audits, Special Projects and Ad hoc

Prepare cost-related schedules and documentation to support internal and external audits.Support accounting tasks as needed and participate in special projects such as system upgrades, e-invoicing implementation, and UAT testing.Undertake ad-hoc assignment as and when required.

Skills You Bring: 

Degree in Accounting, Finance, or a related field.Minimum of 6 years of costing experience.Experience with Oracle EBS (Costing Module) highly preferred.Strong knowledge of standard costing, product costing, and manufacturing finance.Proven analytical and problem-solving abilities with experience handling complex financial data.Ability to work in a fast-paced environment and meet tight deadlines.Proficient in Microsoft excelHighly organized, detail-oriented, and able to manage multiple priorities.Strong sense of ownership, accountability, and initiative.Collaborative communicator who works effectively across functions.Strong understanding of manufacturing workflows and cost drivers.Proactive, flexible, and motivated.

#LI-DNI

Globally, our policy is to recruit individuals from wide and diverse backgrounds. However, certain positions require access to controlled goods and technologies subject to various export control regulations.  Applicants for these positions may be limited (by, for example, their countries of citizenship, country of origin, or immigration status) where required by law or governmental contact, and/or employment made contingent upon the issuance of appropriate governmental licensing.

MKS Inc. and its affiliates and subsidiaries (“MKS”) is an affirmative action and equal opportunity employer: diverse candidates are encouraged to apply. We win as a team and are committed to recruiting and hiring qualified applicants regardless of race, color, national origin, sex (including pregnancy and pregnancy-related conditions), religion, age, ancestry, physical or mental disability or handicap, marital status, membership in the uniformed services, veteran status, sexual orientation, gender identity or expression, genetic information, or any other category protected by applicable law. Hiring decisions are based on merit, qualifications and business needs. We conduct background checks and drug screens, in accordance with applicable law and company policies.  MKS is generally only hiring candidates who reside in states where we are registered to do business.

MKS is committed to working with and providing reasonable accommodations to qualified individuals with disabilities. If you need a reasonable accommodation during the application or interview process due to a disability, please contact us at: accommodationsatMKS@mksinst.com .

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