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Location: 

Petaling Jaya, Selangor, MY

Category:  Global Business Service Jobs

Cost Analyst

Why are we proud of what we do at allnex? We create coatings, products which help protect the world for all nex>t generations – and that’s exactly what you can do joining us!

Imagine how fast your smartphone would become scratched-up, ugly and unusable without a coating. Or an e-bike, the cabin of a train, a beautiful wooden floor, and countless other things in life.

 

Making objects and their surfaces more attractive and longer-lasting means making them more sustainable, and that’s a huge part of what working at allnex is about. No matter which role you step into, you’ll become part of a global team of passionate people who care deeply about the chemistry, quality, and global impact of coatings.

You’ll also join a highly multicultural and diverse team of more than 4,000 employees in four regions who – as part of one of the world’s leading coating resins companies – serve customers in over 100 countries across the globe.

 

Click here to see why we are proud of what we do in allnex!
For a sneak peek into life at allnex site, don’t miss our manufacturing Operator Movie!

 

Position overview

allnex is looking for an analytical Cost Analyst to join the GBS Finance team. In this role, you will play a key role in supporting manufacturing and finance teams by providing accurate cost analysis, variance reporting, and financial insights at plant and country level. This role partners closely with Manufacturing, Finance, and Business Management to enhance cost visibility, drive cost control, and support continuous improvement initiatives. The Cost Analyst is also responsible for month-end closing activities, budgeting support, standard cost maintenance, and ensuring robust cost accounting processes are in place.

 

If you are interested in this role, view the full scope and apply today.

Responsibilities

  • Stakeholder Management & Communication
    • Act as the primary finance contact for local site teams on cost-related matters
    • Lead and coordinate communication between Manufacturing, Finance, and Business Management on cost topics
    • Provide clear visibility to stakeholders on product costing, overhead allocations, and cost-related issues
  • Cost Analysis & Control
    • Manage ad-hoc cost analysis requests and provide timely, actionable insights
    • Analyse production variances across multiple dimensions and deliver accurate reporting
    • Identify recurring variances, communicate root causes, and lead continuous improvement initiatives
    • Perform cost control activities at plant and country level, identifying improvement opportunities and corrective actions
  • Period-End & Reporting Activities
    • Execute month-end closing and cost reporting activities in accordance with the closing calendar
    • Support budget preparation, standard cost setting, activity rate analysis, and follow-up
    • Manage inventory revaluation processes, including monitoring tolling products
  • Governance & Process Management
    • Ensure the maintenance and regular review of cost accounting process documentation
    • Oversee asset accounting activities in coordination with Finance and site stakeholders
  • Additional Responsibilities
    • Support and manage other cost analysis and reporting requirements as needed

Required skills and experience

  • 1-3 years of experience in Accounting & Finance; Costing experience highly advantagous
  • Fresh graduates are welcome to apply
  • Fluent in English; Mandarin is highly advantagous to support our operations in Greater China
  • Proficient in MS Office, with advanced Excel skills
  • Strong experience with pivot tables, data processing, and data analysis
  • Proven ability to work accurately under tight deadlines
  • Highly organised, proactive, and self-motivated
  • Strong attention to detail with solid problem-solving and analytical capabilities

Qualifications

  • Bachelor's degree in Accounting & Finance, or a related field

We offer

We are proud to offer an international working experience with a tight-knit network of employees, making it easy to connect and learn from people all across our different functions. On top of that we are a truly innovative company with a strong team spirit, openness to new ideas, and great opportunities to grow and develop your career.

Equal Employment Opportunity
allnex is proud to be an equal opportunity employer. We celebrate diversity and are committed to an environment where all colleagues contribute for the benefit of our employees, our products, and our communities.

Find out how you can make an impact!
Check out our careers page for available opportunities. We look forward to hearing from you.

www.allnex.com

 


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