Distribution Costing Specialist

Nestlé; Selangor; On-site; MYR 90,000 - 130,000; Full time

Job summary

Nestlé in Malaysia is seeking a Costing Specialist - Distribution to join the Finance & Control team. The role supports costing, budgeting, reporting, and financial analysis across the business to drive informed decision-making.

You will coordinate budgeting with Supply Chain and Factory Costing teams, manage period-end closing with accurate costing, and deliver timely insights. Proficiency in SAP and Excel is essential to succeed in this fast-paced, matrix environment.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, Economics, or related field.
• Experience in costing, supply chain finance, manufacturing finance, or factory finance.
• Strong understanding of costing, budgeting, forecasting, reporting, and financial analysis.
• Experience in FMCG, manufacturing, or shared services is advantageous.

Responsibilities

• Coordinate the distribution budgeting process with Supply Chain and Factory Costing teams and stakeholders.
• Manage period-end closing activities with accurate costing and accounting treatment.
• Prepare and deliver timely costing reports, analytics, and insights for decision-making.
• Support business planning with cost estimates, allocations, and gap analysis vs. actuals.
• Conduct financial simulations, product costing, and ad-hoc evaluations for strategic initiatives.
• Drive knowledge sharing and collaboration across Finance, Factory Costing, and Supply Chain.
• Ensure compliance with internal controls, costing guidelines, and audit requirements.

Skills

Analytical thinking

Problem solving

Stakeholder management

Communication

Matrix organization

SAP

Microsoft Excel

Education

Bachelor's degree in Finance/Accounting/Business

Tools

SAP

Microsoft Excel

Job description

At Nestlé, we believe in unlocking the power of food to enhance quality of life for everyone, today and for generations to come. We are looking for a highly analytical and business-oriented Costing Specialist - Distribution (VDE/FDE) to join our Finance & Control team and support costing, budgeting, reporting, and financial analysis activities across the business.

A Day in the Life

As a Costing Specialist, you will:

• Coordinate the distribution budgeting process with Supply Chain, Factory Costing teams, and relevant stakeholders to ensure timely budget submission.
• Manage period-end closing activities, ensuring accurate costing and accounting treatment in accordance with Nestlé financial policies and costing standards.
• Prepare and deliver timely costing reports, analytics, and insights to support business decision-making.
• Support business planning by providing cost estimates, cost allocations, assumptions analysis, and gap analysis against actual performance.
• Conduct financial simulations, product costing exercises, and ad-hoc evaluations to support strategic business initiatives.
• Drive knowledge sharing and collaboration across Finance, Factory Costing, Supply Chain, and other functions.
• Ensure compliance with internal controls, costing guidelines, and audit requirements while proactively identifying and escalating business risks.

What Will Make You Successful

• Bachelor's Degree in Finance, Accounting, Business, Economics, or a related field.
• Experience in Finance and Accounting, preferably in Costing, Supply Chain Finance, Manufacturing Finance, or Factory Finance.
• Strong understanding of costing methodologies, budgeting, forecasting, financial reporting, and financial analysis.
• Experience working in an FMCG, manufacturing, or shared services environment is an advantage.
• Strong analytical and problem-solving skills with the ability to translate data into meaningful business insights.
• Excellent stakeholder management and communication skills.
• Proficiency in SAP and Microsoft Excel.
• Ability to work effectively in a fast-paced, matrix organization.