Costing Professional

2 weeks ago

Johor Bahru, Johor, Malaysia PNE Industries Ltd Full time

About PNE Industries Ltd:

We are a leading manufacturer of various product models, and we are seeking a skilled Costing Engineer to join our team. As a Costing Engineer, you will be responsible for managing the Total Cost of Ownership (TCO) for our products.

Key Responsibilities:

  • Manage the TCO for various product models, including purchasing costs, production costs, and overheads.
  • Oversee and update customer pricing to ensure it aligns with contractual terms and conditions.
  • Track and monitor Purchase Price Variance (PPV), working closely with procurement to minimize discrepancies.
  • Prepare and review detailed cost estimates for products and projects, taking into account market trends and industry benchmarks.
  • Analyze actual costs versus estimates, providing recommendations for cost control and improvement.
  • Collaborate with engineering, finance, and procurement teams to ensure effective cost management across product models.
  • Identify and implement cost-saving opportunities throughout the production process.
  • Support project/program teams by managing analytical worksheets related to buffer stock, safety stock, risk buys, costing, etc.

Qualifications:

  • Bachelor's Degree in Engineering, Finance, or a related field.
  • 1-2 years of experience in costing or pricing in a manufacturing environment.
  • Advanced Excel skills for data analysis and financial modeling.
  • Experience with ERP systems (e.g., SAP, Syspro).

Key Skills:

  • Excellent Excel skills with strong proficiency in managing and analyzing data.
  • Strong analytical abilities and attention to detail.
  • Ability to manage cost down/up activities effectively.
  • Good communication skills to collaborate with cross-functional teams.
  • Strong negotiation skills for dealing with both external and internal stakeholders to maximize company benefit.
  • Ability to work independently and as part of a team.

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