Senior Costing Executive

4 days ago

Shah Alam, Selangor, Malaysia Gamalux Oils Sdn Bhd Full time

Gamalux Oils Sdn Bhd was established in Malaysia in October 2009. Since then, we have established ourselves and built a reputation as the pioneer in solvent extraction and specialised pre-treatment technologies for sustainable renewable energy feedstocks, emphasising green technology.

Gamalux Oils contributes to Mother Nature by recycling agricultural waste from palm-based materials to produce valuable feedstocks for renewable energy markets. Our organization can process and pre-treat multiple agricultural-based cargos to produce valuable feedstocks for various industries, such as Biodiesel (BD), Hydrogenated Vegetable Oil (HVO), and Sustainable Aviation Fuel (SAF) industries.

We are currently seeking a Senior Costing Executive to be based at our headquarters in Persiaran Multimedia, I-City, Sek7 Shah Alam.

Job Title: Senior Costing Executive

Department: Finance / Costing

Reports To: Finance Manager

Job Summary:

The Senior Costing Executive is responsible for managing and monitoring product costing, variance analysis, and cost control measures to support management in making informed decisions. The role involves preparing cost reports, analyzing production efficiency, ensuring accurate standard costing, and liaising with operations and procurement teams to optimize cost management.

Key Responsibilities:

  • Prepare, review, and maintain product costing, standard costs, and cost allocation.
  • Conduct variance analysis (actual vs. standard, budget vs. actual) and highlight key cost drivers.
  • Monitor and control production costs, overheads, and inventory valuation.
  • Prepare and analyze monthly cost reports for management review.
  • Assist in developing and reviewing costing models and profitability analysis for existing products.
  • Work closely with production and procurement teams to ensure accurate data capture for costing.
  • Ensure compliance with company policies, accounting standards, and internal controls.
  • Support in annual budget preparation, forecasting, and audit requirements.
  • Identify opportunities for cost-saving initiatives and process improvements.
  • Mentor and guide junior costing staff where applicable.

Requirements:

  • Bachelor's Degree in Accounting, Finance, or related field.
  • Minimum 3–5 years of costing experience (preferably in manufacturing)
  • Strong knowledge of cost accounting, inventory management, and financial reporting.
  • Proficient in ERP systems and Microsoft Excel.
  • Analytical, detail-oriented, and able to work under pressure with tight deadlines.
  • Good communication and interpersonal skills to liaise with cross-functional teams.

Competencies:

  • Strong analytical and problem-solving skills.
  • High level of accuracy and attention to detail.
  • Ability to work independently and as a team player.
  • Proactive in cost management and efficiency improvement initiatives.
  • Able to work 5.5 days

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