Senior Executive/Executive, Costing (Manufacturing)

Responsibilities:

Cost analysis

1. Analyze and evaluate the costs associated with raw materials, production processes, packaging, and distribution to identify areas for improvement and cost improvement opportunities.
2. Collaborate with cross-functional teams to identify and implement cost optimization initiatives, such as process improvements, waste reduction, supplier negotiations, and alternative sourcing strategies.

Pricing strategy

1. Collaborate with the Sales teams to determine appropriate pricing strategies considering costs, market dynamics, competitive factor, and profit margins.
2. Prepare cost estimates for new products or customized orders based on raw material prices, manufacturing processes, labor costs, and other relevant factors.

Costing system management

1. Maintain and review regularly a costing system that accurately captures all relevant cost data. Ensure the costing system is up-to-date and aligned with standard cost.
2. Conduct regular audits and reconciliation to ensure the accuracy and integrity of costing data. Identify and resolve any discrepancies or inconsistencies.

Costing reports

1. Generate regular reports on cost variances, trends, and key performance indicators (KPIs) to provide insights and support decision-making processes.
2. Assist in conduction cost of goods sold (COGS), profit margins, and pricing scenarios, to support budgeting, forecasting, and strategic planning activities.

Qualifications:

• Minimum Degree in Accounting/Finance or equivalent.
• At least 2-3 year(s) of working experience in the related field is required for this position preferably with manufacturing industry..
• Knowledge of requirement for Financial Reporting Standard, and costing method.
• Strong organizational skills and ability to meet strict deadlines.
• Experience in integrated real-time ERP system is an added advantage.
• Proficient in Microsoft Office applications.