Distribution Costing Specialist

Nestle; Teluk Panglima Garang; On-site; MYR 48,000 - 78,000; Full time

Job summary

Nestlé Distribution Centre in Malaysia seeks a highly analytical Costing Specialist - Distribution to join the Finance & Control team. You will support costing, budgeting, reporting, and financial analysis across the distribution network.

You will coordinate budgeting with Supply Chain and Factory Costing, manage closing activities, deliver cost reports, and provide insights for strategic decisions. Strong Excel, SAP skills and FMCG experience are valued.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field.
• Experience in costing, budgeting, and financial reporting.
• FMCG/manufacturing experience is an advantage.
• Strong analytical and problem-solving abilities.
• Excellent stakeholder management and communication.
• Proficient in SAP and Microsoft Excel.
• Ability to work in a fast-paced, matrix organization.

Responsibilities

• Coordinate the distribution budgeting process with Supply Chain and Factory Costing teams.
• Manage period-end closing with accurate costing and policy compliance.
• Prepare timely costing reports, analytics, and insights for decision making.
• Provide cost estimates, allocations, and gap analyses versus actuals.
• Conduct financial simulations and product costing for strategic initiatives.
• Drive knowledge sharing across Finance, Supply Chain, and other functions.
• Ensure internal controls and audit readiness while escalating risks.

Skills

Finance degree

Costing knowledge

FMCG experience

SAP proficiency

Excel proficiency

Stakeholder management

Analytical skills

Education

Bachelor's Degree in Finance/Accounting

Tools

SAP

Excel

Job description

Position Snapshot

Location: Nestle Distribution Centre

Division: Finance & Control

Position Type: Full-Time

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.