Product Costing Analyst

SANMINA-SCI SYSTEMS SINGAPORE PTE. LTD.; Singapore; On-site; SGD 40,000 - 70,000; Full time

Job summary

A leading manufacturing company in Singapore is seeking a detail-oriented Product Costing Analyst. You will manage product costs, collaborate with cross-functional teams, and analyze cost variances to ensure financial health. The ideal candidate has 2-4 years of experience in a similar role and proficiency in Excel. Strong analytical and communication skills are essential for success in this position.

Qualifications

• 2 to 4 years of experience in Cost Accounting, Materials, Program Product Costing, or similar role.
• Proficiency in Microsoft Excel including complex formulas and pivot tables.
• Hands-on experience with an ERP system is highly desirable.

Responsibilities

• Coordinate quarterly cost review by collaborating with various teams.
• Develop forecasts and track Purchase Price Variance.
• Monitor cost recovery programs and validate claims.

Skills

Detail-oriented

Analytical mindset

Communication skills

Problem-solving abilities

Data analysis

Education

Degree in Business Administration, Supply Chain Management, Engineering or equivalent

Tools

Microsoft Excel

ERP systems (SAP, Oracle)

Job description

Roles & Responsibilities

We are seeking a detail-oriented and analytical Product Costing Analyst to join our team. In this role, you will be a key player in managing our product costs and ensuring the financial health of our manufacturing operations. You will collaborate extensively with cross-functional teams to drive our quarterly costing process, analyze cost variances, and provide critical insights that directly impact our profitability.

Key Responsibilities

Quarterly Cost Review : Coordinate quarterly internal cost review exercise by collaborating with Global Supply Management, Program Management, Materials, and Finance teams.

Ensure the timely collection and validation of data from all stakeholders to maintain accurate product costing.

Variance Analysis & Forecasting :

Develop detailed forecasts and track the plant's Purchase Price Variance (PPV), providing actionable insights into material cost fluctuations.

Perform root cause analysis on cost variances, identify key drivers, and present findings and recommendations to management for corrective action.

Cost Management & Recovery :

Actively monitor the plant's cost recovery programs to ensure all eligible expenses are accurately tracked, documented, and reclaimed.

Partner with the Finance team to validate and reconcile cost recovery claims, maximizing financial returns for the facility.

Job Requirements

• Degree in Business Administration, Supply Chain Management, Engineering or equivalent.
• 2 to 4 years of experience in Cost Accounting, Materials, Program Product Costing, or a similar role, preferably within a manufacturing environment.
• Proficiency in Microsoft Excel is essential (e.g., complex formulas, pivot tables, data modeling) and other MS Office applications.
• Hands-on experience with an ERP system (such as SAP, Oracle, or equivalent) is highly desirable.
• Strong data analysis and financial modeling capabilities.
• Excellent communication and interpersonal skills, with a proven ability to work effectively across multiple departments.
• A highly analytical mindset with strong problem-solving abilities and meticulous attention to detail.
• Exceptional organizational skills and the ability to manage multiple priorities under tight deadlines.