Senior Costing Executive

PureCircle; Seremban; On-site; MYR 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

Wellness benefits

Career growth opportunities

Employee recognition program

Referral bonus

Complimentary lunch

Job summary

Ingredion is a Fortune 500 provider of ingredient solutions with a global footprint and a focus on plant-based and clean-label ingredients. We are seeking a Senior Costing Executive to support end-to-end costing and inventory activities in our Malaysia plant.

You will handle period-end costing in SAP, update costing data, and prepare reports for monthly reviews and auditors. The role requires a degree in accounting/finance and manufacturing costing experience, with strong English and SAP skills.

Qualifications

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

Responsibilities

• Support end-to-end costing and inventory activities.
• Close period-end costing in SAP on schedule.
• Prepare recurring and ad hoc costing and inventory reports.
• Analyze cost impact and maintain standard costs for items.
• Prepare cost and margin analysis by products/models/customers.
• Monitor BOMs and routing with operations team.
• Support inventory provisions and slow-moving inventory.
• Review stock counts and fixes variances.

Skills

English fluency

SAP experience

Degree in accounting/finance

Education

Bachelor's degree in Accounting/Finance

Tools

SAP

Job description

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.

WORKPLACE TYPE: On Site

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

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.