SENIOR COSTING EXECUTIVE

Job Requirement : * Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. * Experience: Minimum 2 years of experience in a costing or financial analysis role, preferably in the manufacturing industry. * Language: Must be able to speak, read and write English * Strong analytical and problem-solving skills. Ability to analyze costs and identify discrepancies or opportunities for improvement. * Advanced knowledge of Excel and other financial software. * Excellent attention to detail and accuracy. * Strong communication and interpersonal skills. * Ability to work independently and manage multiple priorities. Job Description : * Cost Analysis : Analyze and evaluate the costs associated with raw materials, production processes, packaging and distribution to identify areas for improvement and cost-saving opportunities. * Costing System Management : Develop and maintain a comprehensive costing system that accurately captures all relevant cost data. Ensure the system is up-to-date and aligned with industry standards and best practices. * Pricing Strategy : Collaborate with the Sales and Marketing teams to determine appropriate pricing strategies considering costs, market dynamic, competitive factors and profit margins. * Costing Estimation : Prepare cost estimates and quotations for new products or customized orders based on raw material prices, manufacturing processes, labor costs and other relevant factors. * Costing Accuracy : Conduct regular audits and reconciliations to ensure the accuracy and integrity of costing data. Identify and resolve any discrepancies or inconsistencies. * Costing Reports: Generate regular reports on cost variances, trends and key performance indicators (KPIs) to provide insights and support decision-making processes. * Costing Optimization : Collaborate with cross-functional teams to identify and implement cost optimization initiatives such as, process improvements, waste reduction, supplier negotiations and alternative sourcing strategies. * Costing Guidelines : Develop and maintain costing guidelines, policies and procedures to ensure consistency and standardization across the organization * Financial Analysis : Assist the Finance department in conducting financial analysis, including cost of goods sold (COGS), profit margins and pricing scenarios, to support budgeting and strategic planning activities. * Stakeholder Collaborations : Collaborate with internal stakeholders, including Operations, Finance, Procurement and Sales to gather relevant data and insights for cost analysis and decision-making. * Coordinate physical inventory counts and cycle counts. * Any other matters that may be assigned for from time to time.