Senior Costing Executive

Ingredion Incorporated; Malaysia; On-site; MYR 60,000 - 90,000; Full time

Benefits offered by this job

Total Rewards Package – Competitive薪资与

Wellness & Benefits Support

Career Growth & Development

Employee Recognition Program

Employee Referral Program

Complimentary Lunch

Job summary

Ingredion Incorporated in Malaysia is seeking a Senior Costing Executive for plant operations to manage period-end costing, maintain standard costs in SAP, and produce reports for monthly reviews and auditors.

You will collaborate with operations teams, monitor BOMs and routings, analyze cost variances, and prepare cost and margin analyses by product, model, and customer, while supporting inventory provisions and asset capitalization per policy.

Qualifications

• Degree in Accounting/Finance or relevant field.
• Work experience in manufacturing for costing role is a must.
• English fluency, both written and spoken.
• Good excel skill.
• SAP experience.

Responsibilities

• Responsible for period-end costing activities to ensure period is closed as per agreed timetable in SAP.
• Update Entity and Group costing information and prepare recurring and ad hoc costing and inventory reports.
• Analyze cost impact and maintain standard costs of new items or revisions in SAP.
• Prepare costing analysis for changes in material prices due to forex fluctuations.
• Monitor BOMs and routings and liaise with operations team.
• Prepare cost and margin analyses by product/model/customer and support inventory provisions.

Skills

Costing

SAP

Excel

Manufacturing costing

Education

Accounting/Finance degree

Tools

SAP

Excel

Job description

Company Background

Ingredion is a Fortune 500 provider of ingredient solutions that touch millions of lives, every day. With over 19,000 customers in 120 countries, we create solutions that help nourish, comfort, and delight people all over the world. We are proud to source our strength from nature. That’s why we’re growing sustainably, with an industry-leading product portfolio that includes plant-based proteins, sugar alternatives and clean and simple ingredients that deliver on changing consumer needs while protecting our planet. Although we are best known for our food ingredients, we are much more than a food business. We co-create bespoke solutions with our customers; from cosmetics and beauty, to paper and textiles, to pharmaceuticals, driven by relentless curiosity. We make it our business to anticipate industry trends, and to bring together the potential of people, nature and technology to make life better.

Location & Workplace Type

LOCATION: Bandar Enstek, Nilai
WORKPLACE TYPE: On Site

Position

Senior Costing Executive – Malaysia plant operations

What you will do

Responsible for period-end costing activities to ensure period is closed as per agreed timetable in SAP Update Entity and Group costing information and prepare recurring and ad hoc costing and inventory reports to facilitate the monthly review and analysis from Corporate and external auditors. Analyze cost impact and maintain standard costs of new items or revise on existing items in SAP. Prepare costing analysis for any change of material prices due to fluctuations in foreign exchange. Monitor Bill of Materials (BOM) and routing and liaise with operations team. Prepare all manufacturing related reports e.g. variance analysis and manufacturing expenses for actuals vs budget, etc. Prepare cost and margin analysis by products/models/customers. Analyze Intercompany / Inter regional pricing and net structural savings. Support monthly inventory provision and slow-moving provision based on inventory accounting policies. Involve in warehouse stock count process as a finance counterpart and review the stock count control and follow-up on count variances. Prepare capital expenditure report for actuals versus budgets and ensure the fixed asset capitalization is adhered to accounting policies. Manage plant accounting function and ensure accurate accounting record – Fixed Asset, COGS, Inventory, Intangible Asset, overhead prepayment, overhead accruals, and etc.

What you will bring

• Degree in Accounting / Finance or relevant field.
• Work experience in manufacturing for costing role is a must.
• English fluency, both written and spoken.
• Good excel skill.
• SAP experience.

Who you are

Able to perform in dynamic multicultural environment with an adaptive attitude. Work independently with minimum supervision from superior and proactively engage with operations teams to resolve issues and close any operation and accounting gap. Able to understand the plant operations and provide an in-depth analysis on the product costing view.

Why Join Ingredion?

Discover why Ingredion is the ideal place to advance your career with our exceptional rewards and benefits package designed to help you thrive. Create the future with us and enjoy:

• Total Rewards Package – Competitive salary and performance-based pay recognizing your contributions to our success
• Comprehensive Benefits & Wellness Support – Health, long-term savings, and resources for your physical, mental, and emotional well-being
• Career Growth – Learning, training, and development opportunities.
• Employee Recognition Program – A culture of real-time appreciation, with personalized recognition rewards globally
• Employee Referral Program – Refer top talent and earn a bonus if they’re hired
• Complimentary Lunch - Nutritious meals provided at work to keep you energized.

Relocation

Available: Yes, Within Country

Company Values & Culture

Ingredion is a leading global, plant-based ingredients solutions company. We make sweeteners, starches, nutrition ingredients and biomaterials that are used by customers in everyday products from foods and beverages to paper and pharmaceuticals. At Ingredion, we embrace possibilities and inspire each other to think big. Together, we are reimagining how we can make life better through our differentiated ingredients and innovative solutions. We share an inspiring purpose — to make life better, for our colleagues, our customers, our communities, and the world. We belong to a culture of bold innovators, of people who believe that their skills, creativity, and passion can deliver solutions that can enhance people’s lives. We create what's next, transforming our imagination into innovation. We have a welcoming and collaborative environment to build and grow a career in a multinational company. Here, everyone can be their authentic selves and be part of a community of talented and caring people, interacting with professionals around the world, made up of varied backgrounds, cultures and industries. We are encouraged to think differently and innovate through collaboration and experimentation. We are constantly imagining new ways to bring value to our customers, through new ingredients, solutions, and ways of working.

AI Policy

Ingredion uses AI-enabled tools to support parts of the recruitment process, including resume screening and interview scheduling. These tools help match candidate skills to job requirements and streamline communication. All AI-assisted decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws. By applying, you acknowledge that AI may be used to support your application journey.