Costing Manager
2 days ago
Job Responsibilities:
Costing & Analysis
- Develop, implement, and maintain standard costing systems and processes.
- Prepare, review, and update product costing, Bill of Materials (BOM), and labor cost structures.
- Conduct variance analysis (standard vs actual cost, material usage, labor efficiency, overhead absorption).
- Analyze manufacturing and operational costs to identify cost drivers and cost-saving measures.
- Support pricing decisions by providing accurate cost and margin analysis.
Budgeting & Forecasting
- Collaborate with operations and production teams to prepare cost budgets and forecasts.
- Monitor and control cost performance against budget, highlighting variances with root cause analysis and corrective actions.
- Provide cost-related insights to support strategic and operational planning.
Reporting & Compliance
- Ensure timely and accurate reporting of product cost, profitability, and inventory valuation.
- Prepare management reports on cost trends, profitability analysis, and cost reduction initiatives.
- Ensure compliance with internal controls, accounting policies, and audit requirements.
Collaboration & Other Responsibilities
- Manage and ensure accuracy and efficiency in all deliverables.
- Collaborate with Production, Supply Chain, Procurement, and Sales to provide cost-related support.
- Drive continuous improvement initiatives in costing processes, systems, and reporting.
- Undertake ad-hoc assignments as and when required.
Qualifications:
- Degree in Finance/Accounting or professional accountancy qualification (ACCA/MICPA/CIMA or equivalent).
- Minimum 6-8 years of costing experience, preferably in manufacturing industry.
- Strong business and financial acumen, critical thinking and problem solving, leadership and people management, process improvement mindset, high integrity and accountability.
Job Type: Full-time
Pay: RM8, RM10,000.00 per month
Benefits:
- Cell phone reimbursement
- Health insurance
- Maternity leave
- Opportunities for promotion
- Professional development
Work Location: In person
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