COST ACCOUNTANT / SALARY
MALAYSIA

SALARY SURVEYS

13

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

4.6 MYR = 1 USD

134,674 MYR

$29,309 USD

Kuala Lumpur

114,047 MYR

32,165 MYR

$7,000 USD

Including "Kuala Lumpur"

Excluding "Kuala Lumpur"

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Average Salary / Cost Accountant / Malaysia

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Average salary for Cost Accountant / Malaysia is 134,674 MYR per year. The most typical earning is 32,165 MYR. All data are based on 13 salary surveys. Salaries are different between men and women. Men receive an average salary of 165,420 MYR. Women receive a salary of 57,437 MYR.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 142,904 MYR. The second most paid education level is Some College with salary of 89,143 MYR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 381,844 MYR. Employees with 8-12 Years of experience receive 107,523 MYR.

Levels / Cost Accountant / Malaysia (Gross MYR)

Salary Levels (MYR) per Year	Surveys	[%]
13,800 MYR - 22,999 MYR	0	n/a
THE MOST TYPICAL SALARY
23,000 MYR - 45,899 MYR	3	100% 23.08%
46,000 MYR - 68,899 MYR	0	n/a
68,900 MYR - 91,899 MYR	3	76.92% 23.08%
91,900 MYR - 114,899 MYR	2	53.85% 15.38%
114,900 MYR - 137,799 MYR	3	38.46% 23.08%
137,900 MYR - 160,799 MYR	0	n/a
160,800 MYR - 183,799 MYR	1	15.38% 7.69%
183,800 MYR - 206,799 MYR	0	n/a
206,800 MYR - 229,699 MYR	0	n/a
229,800 MYR - 252,699 MYR	0	n/a
252,700 MYR - 275,699 MYR	0	n/a
275,700 MYR - 298,699 MYR	0	n/a
298,700 MYR - 321,599 MYR	0	n/a
321,700 MYR - 344,599 MYR	0	n/a
344,600 MYR - 367,599 MYR	0	n/a
367,600 MYR - 390,599 MYR	0	n/a
390,600 MYR - 413,499 MYR	0	n/a
413,600 MYR - 436,499 MYR	0	n/a
436,500 MYR - 459,499 MYR	0	n/a
459,500 MYR - 482,499 MYR	0	n/a
482,500 MYR - 505,399 MYR	0	n/a
505,500 MYR - 528,399 MYR	0	n/a
528,400 MYR - 551,399 MYR	0	n/a
551,400 MYR - 574,399 MYR	0	n/a
574,400 MYR - 597,299 MYR	0	n/a
597,400 MYR - 620,299 MYR	0	n/a
620,300 MYR - 643,299 MYR	0	n/a
643,300 MYR - 666,299 MYR	1	7.69% 7.69%
666,300 MYR - 689,199 MYR	0	n/a
HIGH SALARIES
689,300 MYR - 735,199 MYR	0	n/a
735,200 MYR - 781,099 MYR	0	n/a
781,200 MYR - 827,099 MYR	0	n/a
827,100 MYR - 872,999 MYR	0	n/a
873,100 MYR - 918,999 MYR	0	n/a
919,000 MYR - 964,899 MYR	0	n/a
965,000 MYR - 1,010,899 MYR	0	n/a
1,010,900 MYR - 1,056,799 MYR	0	n/a
1,056,900 MYR - 1,102,799 MYR	0	n/a
1,102,800 MYR - 1,148,699 MYR	0	n/a
1,148,800 MYR - 1,608,299 MYR	0	n/a

Gender / Cost Accountant / Malaysia (Gross MYR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	8	165,420 MYR
2	Women	3	57,437 MYR

Education / Cost Accountant / Malaysia (Gross MYR)

#		Surveys		AVERAGE SALARY / YEAR
1	Bachelors Degree	11	142,904 MYR
2	Some College	2	89,143 MYR

Experience / Cost Accountant / Malaysia (Gross MYR)

#		Surveys
1	20+ Years	2	381,844 MYR
2	8-12 Years	2	107,523 MYR
3	4-8 Years	4	105,225 MYR
4	0-1 Year	2	98,333 MYR
5	2-4 Years	3	51,464 MYR

Age / Cost Accountant / Malaysia (Gross MYR)

#		Surveys
1	66-70	1	663,518 MYR
2	n/a	2	127,281 MYR
3	36-40	1	124,524 MYR
4	31-35	3	102,928 MYR
5	26-30	4	74,439 MYR
6	21-25	2	51,004 MYR

Work Type / Cost Accountant / Malaysia (Gross MYR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	13	134,633 MYR

Cities / Cost Accountant / Malaysia (Gross MYR)

#		Surveys
1	Ampang Jaya	1	663,518 MYR
2	Kuala Lumpur	3	113,956 MYR
3	Petaling Jaya	3	113,496 MYR
4	Shah Alam	1	90,521 MYR
5	Seremban	1	87,305 MYR
6	Johor Bahru	2	76,736 MYR
7	--Other--	2	37,219 MYR

People's individual salary examples (surveys)

Cost And Management Accountant

Posted 19 July 2020
Key knowledge and tasks

"Sales Forecast, Budget allocation, Product tracking and Way to improve."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	0-1 Year	n/a	29,400 MYR

Project Accountant

Posted 20 July 2019
Key knowledge and tasks

"To ensure Project Cost within control."

City	Education	Experience	Knowledge	Gross salary / year
Johor Bahru	Bachelors Degree	4-8 Years	n/a	115,800 MYR

Financial Analyst

Posted 24 February 2019
Key knowledge and tasks

"Financial analyst."

City	Education	Experience	Knowledge	Gross salary / year
Kuala Lumpur	Bachelors Degree	4-8 Years	n/a	100,100 MYR

Costing Executive

Posted 27 October 2017
Key knowledge and tasks

"Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor. 

Analyzing data collected and recording results

Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost

Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs

Recording cost information for use in controlling expenditures

Making estimates of new and proposed product costs

Providing management with reports specifying and comparing factors affecting prices and profitability of products or services. 

Conducts physical inventories Reconciles finished goods inventories

Create bom in erp system. 

Computing fixed and variable cost."

City	Education	Experience	Knowledge	Gross salary / year
Johor Bahru	Bachelors Degree	2-4 Years	n/a	37,400 MYR

Project Controller

Posted 25 October 2017
Key knowledge and tasks

"Financial Reporting, Budget & Forecasting, Cost Controls, Project Controls and Bid Support."

City	Education	Experience	Knowledge	Gross salary / year
Kuala Lumpur	Bachelors Degree	8-12 Years	n/a	124,600 MYR

COST ACCOUNTANT / SALARY MALAYSIA

13