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Senior Executive, Costing
1 month ago
Responsibilities:
Cost analysis
- Analyze and evaluate costs associated with raw materials, production processes, packaging, and distribution to identify areas for cost reduction improvement opportunities.
- 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
- Collaborate with the Sales teams to determine appropriate pricing strategies considering costs, market dynamics, competitive factor, and profit margins.
- Compute costing for new products and review current product costing monthly based on raw material prices, manufacturing processes, labor costs, and other relevant factors.
ERP costing system management
- Maintain and review costing system monthly to ensure accuracy. Ensure the costing system is up-to-date and aligned with standard cost.
Whistleblower role
- Generate monthly reports on cost variances, trends, and key performance indicators (KPIs), organize monthly meeting with relevant stakeholders to highlight & address potential variances.
Qualifications:
- Minimum Degree in Accounting/Finance or equivalent.
- At least 2-4 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.
- Experience in integrated real-time ERP system is an added advantage.
- Proficient in Microsoft Office applications.