Costing Executive

Fulijaya Manufacturing Sdn. Bhd.; Lunas; On-site; MYR 60,000 - 90,000; Full time

Job summary

Fulijaya Manufacturing Sdn. Bhd. is seeking a Costing Executive to oversee inventory valuation, product costing, and standard cost updates for manufacturing processes.

You will collaborate with purchasing and supply chain teams to gather cost data and perform variance analysis against actual costs. The role supports budgeting activities, analyzes production costs, and identifies opportunities for cost reductions and profitability improvements.

Qualifications

• Degree in Management Accounting, Cost Accounting, Accounting or relevant field.
• 2-4 years of working experience in Costing in manufacturing industry.
• Excellent skill in Microsoft Office Excel.
• Ability to work independently under tight deadlines.

Responsibilities

• Responsible for inventory valuation and product costing.
• Collect data from production and develop new standard cost for manufacturing process and update standard cost on existing operating activity.
• Liaise with purchasing team and supply chain team for cost related information and bill of materials.
• Carry out variance analysis on standard cost against actual cost for on job and existing items for inaccuracies and cost control purpose.
• Perform detailed cost analysis associated with raw materials, production processes, finished goods, packaging and distribution to identify areas for cost reduction improvement opportunities.
• Review product pricing in regards to cost analysis and profitability.
• Collaborate with cross-functional teams to identify and implement cost optimization initiatives, such as process improvements, waste reduction, supplier negotiations, and alternative sourcing strategies.
• Highly involved in budget preparation, prepare monthly analysis of production costs and actual against budget
• Perform PO related analysis and prepare related reports for review
• Oversee the inventory process and record as well as involved in yearly and monthly count

Skills

Microsoft Excel

Independent working

Detail-oriented

Analytical skills

Team player

Problem solving

Education

Degree in Management Accounting/Cost Accounting/Accounting

Bachelor's Degree in Finance/Accountancy

Job description

The Costing Executive is responsible for reviewing overall costing and compliance with statutory requirements as well as meeting the deadline for all relevant submissions. Support other relevant management roles and ensure that the quality management system achieves its intended results.

Key responsibilities

Responsible for inventory valuation and product costing

Collect data from production and develop new standard cost for manufacturing process and update standard cost on existing operating activity

Liaise with purchasing team and supply chain team for cost related information and bill of materials

Carry out variance analysis on standard cost against actual cost for on job and existing items for inaccuracies and cost control purpose

Perform detailed cost analysis associated with raw materials, production processes, finished goods, packaging and distribution to identify areas for cost reduction improvement opportunities

Review product pricing in regards to cost analysis and profitability

Collaborate with cross-functional teams to identify and implement cost optimization initiatives, such as process improvements, waste reduction, supplier negotiations, and alternative sourcing strategies

Highly involved in budget preparation, prepare monthly analysis of production costs and actual against budget

Perform PO related analysis and prepare related reports for review

Oversee the inventory process and record as well as involved in yearly and monthly count

About you

Degree in Management Accounting, Cost Accounting, Accounting or relevant field

2 - 4 years of working experience in Costing in manufacturing industry

Bachelor's Degree in Finance/Accountancy or equivalent

Excellent skill in Microsoft Office Excel

Ability to work independently under tight deadlines

Detailed and meticulous

Able to communicate effectively

Good problem solving and analytical skills

Good initiative to drive results

Team player with a positive working attitude