Costing Executive

FerroTec; Pasir Gudang; On-site; MYR 60,000 - 90,000; Full time

Job summary

Ferrotec Power Semiconductor Malaysia Sdn. Bhd. is seeking a Costing Executive to join our finance team in Pasir Gudang, Malaysia. You will prepare and maintain product costing, including material, labour and overhead, perform variance analysis, and support monthly closing and cost reporting.

The role requires BOM stewardship, inventory costing, and collaboration with Production, Engineering, Purchasing and Warehouse teams to ensure accurate costing information and cost control.

Qualifications

• Experience in manufacturing costing, standard costing, BOM, WIP and inventory costing with variance analysis.
• 2–3 years of costing/accounting experience, preferably in manufacturing.
• Proficient in Excel, including Pivot Tables, VLOOKUP/XLOOKUP and data analysis.

Responsibilities

• Prepare and maintain product costing, including material, labour and manufacturing overhead costs.
• Perform standard cost vs. actual cost analysis and investigate variances.
• Analyse manufacturing costs, including material usage, labour, overhead, yield and production variances.
• Review and maintain Bill of Materials (BOM) and product cost structures.
• Monitor and analyse raw materials, WIP and finished goods inventory costs.
• Assist with monthly closing, inventory reconciliation and manufacturing cost reporting.
• Prepare cost analysis, margin and profitability reports for management.
• Assist in annual budgeting, forecasting and cost planning.
• Work closely with Production, Engineering, Purchasing and Warehouse teams to ensure accurate costing information.
• Identify cost-saving opportunities and support cost reduction and continuous improvement projects.

Skills

Excel skills

Analytical

Communication

Problem-solving

Mandarin

Education

Diploma or Bachelor's Degree in Accounting/Finance/Cost Accounting

Tools

ERP systems

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

The Costing Executive is responsible for preparing and maintaining product costing, including material, labour and manufacturing overhead costs. This role involves performing standard cost vs. actual cost analysis, investigating significant variances, and analysing manufacturing costs including material usage, labour, overhead, yield and production variances. The position requires reviewing and maintaining Bill of Materials (BOM) and product cost structures, monitoring and analysing raw materials, Work-in-Progress (WIP) and finished goods inventory costs, and assisting with monthly closing, inventory reconciliation and manufacturing cost reporting.

Key responsibilities

Prepare and maintain product costing, including material, labour and manufacturing overhead costs

Perform standard cost vs. actual cost analysis and investigate significant variances

Analyse manufacturing costs, including material usage, labour, overhead, yield and production variances

Review and maintain Bill of Materials (BOM) and product cost structures

Monitor and analyse raw materials, Work-in-Progress (WIP) and finished goods inventory costs

Assist with monthly closing, inventory reconciliation and manufacturing cost reporting

Prepare cost analysis, margin and profitability reports for management

Assist in annual budgeting, forecasting and cost planning

Work closely with Production, Engineering, Purchasing and Warehouse teams to ensure accurate costing information

Identify cost-saving opportunities and support cost reduction and continuous improvement projects

About you

Diploma or Bachelor's Degree in Accounting, Finance, Cost Accounting or a related field

Minimum 2 - 3 years of relevant costing/accounting experience, preferably in a manufacturing environment

Experience in manufacturing costing, standard costing, BOM, WIP, inventory costing and variance analysis is preferred

Proficient in Microsoft Excel, especially Pivot Tables, VLOOKUP/XLOOKUP and data analysis

Experience with ERP/accounting systems is an added advantage

Strong numerical, analytical and problem-solving skills

Good communication and interpersonal skills

Able to work independently and meet reporting deadlines

Experience in the semiconductor/electronics manufacturing industry is an added advantage

Able to speak and read Mandarin is preferred

About us

Ferrotec Power Semiconductor Malaysia Sdn. Bhd. is a company operating in the semiconductor and electronics manufacturing industry.