Senior Costing Analyst

Hytech; Kuala Lumpur; On-site; MYR 90,000 - 130,000; Full time

Job summary

Hytech, a leading management consulting firm, seeks a Senior Costing Analyst to bridge Finance and Procurement by driving cost transparency and governance. You will analyse vendor costs, benchmark quotations, and develop dashboards to improve spend visibility across the group.

You will monitor cost trends, support renewal decisions, and provide data-driven insights to optimise vendor spending. The role calls for 3-5 years of experience in cost analysis or financial operations and strong Excel

Qualifications

• 3–5 years of experience in cost analysis, financial operations, procurement, or vendor management.
• Strong ability to analyse cost structures, usage patterns and cost drivers.
• Experience in vendor quotations, service scope, and benchmarking.
• Proficiency in Excel; knowledge of ERP systems is a plus (Oracle Netsuite).
• Excellent communication and collaboration across departments.

Responsibilities

• Cost Analysis & Insights: analyse vendor and system-related costs and identify cost drivers.
• Vendor Evaluation & Benchmarking: assess quotations and perform market benchmarking to recommend solutions.
• Procurement Governance & Process: support procurement processes and ensure record accuracy per governance standards.
• Cost Monitoring & Performance Management: monitor cost trends and support renewal or replacement decisions.
• Data & Reporting: develop cost analysis reports and dashboards for spend visibility.

Skills

Cost analysis

Vendor evaluation

Procurement governance

Data reporting

Excel

Vendor benchmarking

Tools

Oracle Netsuite

Microsoft Excel

Job description

Hytech is a leading management consulting firm headquartered in Australia and Singapore, specialising in digital transformation for fintech and financial services organisations. We deliver end-to-end consulting services and provide robust middle- and back-office solutions that enable our clients to optimise operations, enhance efficiency, and stay ahead in a fast-evolving digital landscape. Our 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, optimise vendor spending, and enhance cost efficiency across the group.

Key Responsibilities:

• Cost Analysis & Insights: Analyse vendor and system-related costs, including cost structures, usage patterns, and key cost drivers. Identify anomalies, trends, and opportunities for cost optimisation, and 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 and 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) and 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.

What We’re Looking For:

• Experience: Minimum of 3-5 years of experience in cost analysis, financial operations, procurement, or vendor management.
• Technical Expertise: Strong understanding of cost structures, budgeting, and financial analysis; accounting knowledge is an advantage. Advanced proficiency in Microsoft Excel; familiarity with Oracle Netsuite is a plus.
• Analytical Skills: Strong problem-solving ability with attention to detail, capable of identifying cost drivers, trends, and anomalies.
• Communication & Collaboration: Good interpersonal and communication skills to work effectively across departments and stakeholders.
• Work Style: Ability to work independently, prioritise tasks, and meet deadlines in a fast-paced, dynamic environment.