Principal Costing Engineer

EPS Malaysia; Perak; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading semiconductor company in Malaysia is seeking a Cost Engineer to develop and maintain cost models for semiconductor products, analyze manufacturing costs, and prepare cost roll-up reports. Candidates should have a Bachelor’s Degree in Engineering and at least 5 years of relevant experience in the semiconductor or electronics industry. Proficiency in ERP systems and advanced Excel modeling is required. This role offers opportunities for collaboration and problem-solving in a dynamic work environment.

Qualifications

• 5 years' experience in product costing or cost engineering in semiconductor or electronics.
• Strong understanding of wafer fabrication, assembly, and test cost drivers.
• Hands-on experience analyzing yield and test time.

Responsibilities

• Develop and maintain cost models for semiconductor products.
• Analyze yield, process time, and material usage for manufacturing costs.
• Prepare regular cost roll-up reports and dashboards.

Skills

Analytical skills

Problem-solving skills

Cross-functional communication

Education

Bachelor’s Degree in Engineering (Electrical, Electronics, Industrial, or Manufacturing)

Tools

SAP

Oracle

Excel

Power BI

Tableau

VBA

Job description

Responsibilities

Develop and maintain end-to-end cost models for semiconductor products (wafer, die, assembly, and test).

Analyze yield, process time, and material usage to determine true manufacturing cost.

Perform cost variance and margin analysis between standard and actual costs.

Potentially will support new product introductions (NPI) by preparing early cost estimates and validating BOM and process routings.

Conduct “what-if” simulations to evaluate cost impact of process, yield, or design changes.

Collaborate with process, yield, and product engineers to identify cost-down and efficiency opportunities.

Prepare regular cost roll-up reports and dashboards for management.

Ensure compliance with financial accounting standards (GAAP/IFRS) and internal cost policies.

Requirements

• Bachelor’s Degree in Engineering (Electrical, Electronics, Industrial, or Manufacturing).
• Minimum 5 years’ experience in product costing or cost engineering within the semiconductor or electronics industry.
• Strong understanding of wafer fabrication, assembly, and test cost drivers.
• Proficiency in ERP systems (SAP / Oracle) and advanced Excel modelling.
• Hands‑on experience in analyzing yield, test time, and package cost impact.
• Excellent analytical, problem‑solving, and cross‑functional communication skills.

Nice to Have

• Experience in Power BI / Tableau / VBA for data visualization and reporting.
• Familiarity with statistical process control (SPC) and cost optimization projects.
• Knowledge of outsourced assembly and test (OSAT) costing.
• Professional certification (CMA / CPA / CIMA) is an advantage.

Be careful - Don’t provide your bank or credit card details when applying for jobs. Don't transfer any money or complete suspicious online surveys. If you see something suspicious, report this job ad.