Senior Costing Executive

Ingredion Incorporated; Nilai; On-site; MYR 90,000 - 120,000; Full time

Benefits offered by this job

Total rewards package

Wellness support

Career growth

Recognition program

Referral bonus

Complimentary lunch

Job summary

Ingredion Incorporated in Malaysia seeks a Senior Costing Executive to support end-to-end costing and inventory activities in our plant operations. You will work across costing processes, BOM checks, and financial reporting to ensure accuracy and compliance.

The role requires manufacturing costing experience, a degree in accounting/finance, and strong SAP/Excel skills, with English fluency and the ability to operate in a dynamic team environment.

Qualifications

• Degree in Accounting/Finance or related field.
• Experience in manufacturing costing is required.
• Fluent in English, both written and spoken.
• Strong Excel skills and SAP experience.

Responsibilities

• Perform period-end costing and ensure timely SAP closures.
• Update costing data and prepare recurring and ad hoc cost/inventory reports.
• Analyze cost impact and maintain standard costs in SAP.
• Prepare costing analyses for material price changes due to FX fluctuations.
• Monitor BOM and routing in liaison with operations team.
• Prepare manufacturing reports: variance analysis and expenses vs budget.
• Support intercompany and interregional pricing analyses.
• Assist with inventory provisions and slow-moving inventory.
• Participate in warehouse stock counts as finance counterpart.
• Prepare capex reports and ensure asset capitalization compliance.

Skills

Costing knowledge

Manufacturing costing

Excel proficiency

English fluency

Education

Degree in Accounting/Finance

Tools

SAP

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: Bandar Enstek, Nilai

WORKPLACE TYPE: On Site

As a

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: Bandar Enstek, Nilai

WORKPLACE TYPE: On Site

As a Senior Costing Executive, you will be responsible for the support of end-to-end costing and inventory activities in 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?

Benefits

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.

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.

Relocation Available:

Yes, Within Country