Senior Costing Executive

About the role

Ingredion, a Fortune 500 ingredient solutions provider, is hiring a Senior Costing Executive for its Bandar Enstek plant in Nilai, Malaysia. This is an on-site role supporting end-to-end costing and inventory activities in the plant operations.

Key responsibilities

• Run period-end costing so the period closes on time in SAP, and update entity and group costing data
• Prepare recurring and ad hoc costing and inventory reports for corporate and external auditor reviews
• Analyze cost impact, maintain standard costs for new items and revise existing ones in SAP
• Prepare costing analysis for material price changes due to foreign exchange fluctuations
• Review Bills of Materials and routing and liaise with operations
• Prepare manufacturing reports such as variance analysis and manufacturing expenses, and cost and margin analysis by product, model or customer
• Analyze intercompany and interregional pricing and net structural savings
• Support monthly inventory and slow-moving provisions under inventory accounting policies
• Take part in warehouse stock counts, review controls and follow up on variances
• Prepare capital expenditure reports and ensure fixed asset capitalization follows accounting policy
• Manage plant accounting records for fixed assets, COGS, inventory, intangible assets, overhead prepayments and accruals

Required profile

• Degree in Accounting, Finance or a relevant field
• Manufacturing costing experience is a must
• Fluent English, written and spoken
• Able to work independently with minimal supervision and proactively with operations teams
• Able to understand plant operations and give in-depth product costing analysis

Required skills

• SAP experience
• Good Excel skills

What we offer

• Competitive salary and performance-based pay
• Health, long-term savings and wellness support
• Career growth through learning and training
• Employee recognition program and employee referral bonus
• Complimentary lunch
• Relocation available within the country