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Jobs in Malaysia   »   Jobs in Pulau Pinang   »   Finance / Banking / Insurance jobs   »   Senior Cost Accountant

Senior Cost Accountant

Jun 4, 2019

Location: Penang, 07, MY

Company: Cypress Semiconductor Corporation

Job ID

Requisition Id:- 17282

Job Description

The position will report to the Cost Accounting Manager in Penang, Malaysia, and frequently interacts with headquarters in San Jose, USA.

The primary focus of this position is to ensure the fair valuation of company inventory: including setup raw material and product step cost, maintain and enhance inventory system, review and determine the adequacy of inventory reserves, make recommendations on process improvements.

Some of the job responsibilities include:

1. Perform inventory close process for month end close

2. Analyze obsolescent and excess inventory.

3. Conduct inventory reconciliation between cost accounting system and operation systems.

4. Support quarterly standard cost change for manufacturing group

6. Maintain and enhance existing costing system performance

7. Support internal and external auditor on all inventory requests

8. Engage in inventory related projects and process improvement task force

The ideal candidate will have an appetite to challenge the status quo, and a desire to bring change to the organization. Process improvement, and attention to details will be key to be successful in this role.

A Great opportunity to make a difference and participate in process redesign, new system implementation and exciting new projects in a global environment.


BA/BS degree; preferably in Finance or Accounting Manufacturing. Cost accounting experience preferred (semiconductor experience is a plus) Strong understanding of financial and business concepts. Able to work independently and proactively in pursuing team goals in a fast pace environment. Excellent analytical, written / verbal (English and Chinese) and interpersonal communication skills. Strong Excel skills. Oracle Experience is a plus.


Cypress is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, physical or mental disability, or status as a Protected Veteran.


Cypress Semiconductor does not accept unsolicited agency resumes. Please do not forward resumes to our jobs alias, Cypress Semiconductors employees or any other company location. Cypress Semiconductor is not responsible for any fees related to unsolicited resumes.

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