Senior Costing Analyst

Fuku; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Hytech is seeking a Senior Costing Analyst to bridge Finance and Procurement, driving cost transparency, benchmark vendor solutions, and enhance governance across the group. You will leverage data-driven insights to support decision-making, optimize vendor spending, and improve cost efficiency.

The role involves cost analysis, vendor evaluation, procurement governance, and developing dashboards to provide spend visibility for management decisions.

Qualifications

• Experience analyzing vendor costs, usage patterns and cost drivers.
• Familiarity with RFQ, quotation comparisons, and governance documentation.
• Ability to develop cost analysis reports and dashboards.

Responsibilities

• Cost Analysis & Insights: analyze costs and identify optimization opportunities.
• Vendor Evaluation & Benchmarking: compare quotations and assess features.
• Procurement Governance & Process: ensure compliance and maintain records.
• Cost Monitoring & Performance Management: monitor trends and renewals.
• Data & Reporting: develop cost analyses and dashboards for spend visibility.

Skills

Cost analysis

Vendor evaluation

Procurement governance

Data & reporting

Job description

About Hytech
Hytech is a leading management consulting firm headquartered in Australia and Singapore, specialising in digital transformation for fintech and financial services organisations. The company delivers end-to-end consulting services and provides robust middle- and back-office solutions that enable clients to optimise operations, enhance efficiency, and stay ahead in a fast-evolving digital landscape. Hytech’s client portfolio includes top global trading platforms and leading crypto exchanges.

With more than 2,000 professionals worldwide, Hytech has a strong and growing international presence, with offices across Australia, Singapore, Malaysia, Taiwan, the Philippines, Thailand, Morocco, Cyprus, Dubai, and beyond.

About the Role

As a Senior Costing Analyst, you will play a key role in bridging Finance and Procurement by driving cost transparency, vendor evaluation, and procurement governance. You will leverage data-driven insights to support decision-making, optimize vendor spending, and enhance cost efficiency across the group.

Key Responsibilities

• Cost Analysis & Insights:
  • Analyze vendor and system-related costs, including cost structures, usage patterns, and key cost drivers.
  • Identify anomalies, trends, and opportunities for cost optimization.
  • Provide structured insights to improve spending efficiency.
• Vendor Evaluation & Benchmarking:
  • Collect and assess vendor quotations, service scope, and product features.
  • Perform structured comparisons across vendors.
  • Conduct market benchmarking to recommend optimal vendor solutions.
• Procurement Governance & Process:
  • Support and enhance procurement and cost management processes.
  • Ensure compliance with procurement procedures (RFQ, quotation comparisons, documentation).
  • Maintain accuracy and completeness of records in line with governance standards.
• Cost Monitoring & Performance Management:
  • Monitor vendor usage and cost trends.
  • Evaluate vendor performance and support renewal or replacement decisions.
  • Participate in vendor discussions, including pricing evaluation and proposal assessments.
• Data & Reporting:
  • Develop cost analysis reports and dashboards to improve spend visibility.
  • Provide actionable insights and metrics (e.g., cost per usage/client, vendor performance tracking) to support management decision-making.