Costing Manager

Farmiera Group; Port Dickson; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading company in the processing industry is seeking a Costing Manager to oversee financial operations at their Processing Plant. The role includes managing cost analysis, budgeting, and leading a small team. The ideal candidate will have a strong background in finance and leadership skills to drive business performance and ensure financial controls.

Qualifications

• 5–7 years of experience in financial management and cost analysis.
• 2–3 years in a leadership role.

Responsibilities

• Implement finance and accounting processes for the Processing Plant.
• Lead a team of two subordinates in general accounting functions.
• Prepare annual budgets and financial forecasts.

Skills

Analytical Skills

Leadership

Problem-Solving

Communication

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Tools

Excel

Financial Reporting Tools

Job description

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Job Overview:
The Costing Manager will play a critical role in managing the finance functions for the Processing Plant.

This position involves overseeing the financial operations, including cost management, reporting, analysis, and general accounting functions. Leading a team of two subordinates, the role focuses on ensuring strong financial controls, optimizing costs, and delivering key insights to drive business performance and align with the company’s strategic objectives.

Key Responsibilities:

• Setup and Leadership:
  • Implement the finance and accounting processes for the Processing Plant, including systems, workflows, and reporting structures.
  • Lead, mentor, and supervise two subordinates responsible for general accounting functions, including billing, accounts receivable (AR), accounts payable (AP), general ledger (GL), stock take, and related activities.
• Cost Management and Analysis:
  • Develop and manage product costing by analyzing processes, conducting empirical studies, and establishing an appropriate basis for cost allocations.
  • Collaborate with operations to identify cost-saving opportunities and drive efficiency improvements.
  • Prepare cost-benefit analyses for proposed investments, projects, or operational changes.
• Budgeting, Forecasting, and Reporting:
  • Lead the preparation of annual budgets and periodic financial forecasts.
  • Monitor actual performance against budgets, analyze variances, and recommend corrective actions.
  • Prepare and present financial reports, providing insights on plant performance, cost efficiency, and operational profitability.
• Capital Expenditure (CapEx) Management:
  • Evaluate and monitor CapEx projects to ensure alignment with financial goals and budget constraints.
  • Build financial models to assess the impact of CapEx decisions on the plant's overall financial health.
• Collaboration and Decision Support:
  • Work closely with cross-functional teams, including Operations, Sales, and Procurement, to align financial strategies with operational objectives.
  • Provide financial insights and recommendations to support strategic decision-making.
  • Ensure compliance with internal policies, controls, and reporting standards.
• Stock and Inventory Management:
  • Oversee stock take processes and inventory reconciliation to ensure accuracy and control of plant assets.
  • Analyze inventory-related costs and recommend improvements to optimize stock levels and minimize variances.
• Other Duties:
  • Perform any other tasks and assignments as directed by management from time to time.

Job Requirements:

• Bachelor’s degree in Finance, Accounting, or a related field.
• At least 5–7 years of experience in financial management, cost analysis, and reporting, with 2–3 years in a leadership role.
• Strong analytical skills with the ability to interpret complex financial data and deliver actionable insights.
• Proven experience in cost management, financial modeling, budgeting, and forecasting.
• Proficiency in advanced Excel and financial reporting tools.
• Prior experience in a manufacturing or processing plant environment is preferred.
• Strong leadership, problem-solving, and communication skills to collaborate effectively across departments.

Workdays: Monday to Saturday

Monday to Friday: 9:00 AM to 5:00 PM
Saturday : 9:00 AM to 1:00 PM

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What's your expected monthly basic salary? Which of the following languages are you fluent in? Are you willing to undergo a pre-employment background check? How much notice are you required to give your current employer? Do you possess or have access to your own transportation? Are you willing to travel for this role when required?