Costing Specialist

Nestlé; Chembong; On-site; MYR 30,000 - 60,000; Full time

Job summary

An established industry player seeks a dedicated professional to join their team in Chembong. This role involves making strategic decisions regarding cost efficiency and collaborating with various stakeholders to ensure smooth operations. You will be responsible for evaluating offers, monitoring variances, and ensuring compliance with internal standards. The company values growth and offers a supportive environment where you can enhance your skills and make a significant impact. If you have a strong audit background and enjoy working in a dynamic team, this opportunity is perfect for you.

Qualifications

• 3+ years of experience in an audit role with strong stakeholder management skills.
• Experience in a cross-functional team environment.

Responsibilities

• Coordinate with Financial Controllers for make or buy assessments.
• Monitor performance of material usage variances and ensure compliance.

Skills

Audit background

Stakeholder management

Cross-functional collaboration

Education

Bachelor’s Degree

Job description

Position Snapshot

Location: Chembong, Negeri Sembilan
Company: Nestlé Malaysia
Full-time Bachelor’s Degree
3+ years of experience

Position Summary
Joining Nestlé means you are joining the largest Food and Beverage Company in the world. At our very core, we are a human environment – passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future. A Nestle career empowers you to make an impact locally and globally, as you are provided with the opportunity to make a mark and stand out, as long as you seek it. With Nestle, you are enabled and encouraged to grow not only as professionals but also as people.

A day in the life of...

1. Make or Buy decision
2. Coordinate with Financial Controllers for a thorough make or buy assessment, to ensure that the most cost efficient decision is made, while supporting business growth and profitability.
3. Competitive Bidding
4. Evaluate and validate the offer from co-man/co-filler/co-packer to ensure that it is competitive, working together with GP + Legal + Co-Man team
5. Review tolling fee and validate increases (if applicable) to ensure that they are properly justified
6. Review material losses clause to ensure it is aligned with direction/target that is expected of a Nestlé MYSG factory
7. Review the reasonableness of any other clauses in the agreement pertaining to cost (e.g. financial component, warehouse storage fee, machine rental, etc.)
8. Review and validate ad hoc claims/expenses from co-man/co-filler/co-pack where applicable, to ensure accuracy and validity of claims/expenses
9. Source to Pay
10. PR/PO to co-man/co-filler/co-packer raised and approved on timely basis to avoid supply interruption
11. PR/PO to co-man/co-filler/co-packer for additional ad hoc expenses, where applicable (e.g. OT for additional run requested by Nestlé, analysis cost agreed to be borne by Nestlé, etc.)
12. Blocked/parked invoices related to co-man/co-filler/co-packer to avoid service interruption
13. Claims/Rebate
14. Ensure any claims/rebate due from co-man/co-filler/co-packer are billed/raised timely
15. Follow-up with co-man/co-filler/co-packer to ensure timely payment
16. Variances
17. Monitor performance of weekly material usage variances for co-man/co-filler/co-packer
18. Work with co-man/co-filler/co-packer to investigate root cause of any positive/significant negative variances, and define action plans
19. Challenge co-man/co-filler/co-packer for continuous improvement on variances
20. Ensure stock count are being conducted on a monthly basis and all material variances are properly investigated
21. Cost savings project
22. Work with co-man/co-filler/co-packer to identify opportunities for material variances
23. Identify opportunities for tolling fee reduction, with increase in volume, increase efficiency on the line, labor optimization, etc.
24. Audit/Compliance
25. Monitor processes and practices in co-man/co-filler/co-packer to ensure that they are complying with Nestlé requirements and clauses stipulated in the agreement, e.g. insurance coverage for stock, storage condition in warehouse, Halal certified, etc.
26. Coordinator for Nestlé Internal Audit with co-man/co-filler/co-packer

What Will Make You Successful

1. Minimum 3 years of experience working in Audit background
2. Experience in working in cross-functional and networked organisation (internal and external providers)
3. Able to have good working relationship with stakeholders and good team player