Costing Executive (Malaysia – Kuala Lumpur, Cheras)

Costing Executive (Malaysia – Kuala Lumpur, Cheras)

salary

As Costing Executive, you will be responsible for conducting detailed cost analysis, performing accurate inventory valuation and calculating profit and loss for each transaction. Operating within a high-value, process-oriented environment, this role is instrumental in reinforcing financial controls, ensuring precise inventory tracking, and driving cost efficiency throughout the business cycle.

Key Responsibilities

  • Prepare detailed cost reports covering material, labour, and overhead costs associated with precious metals recycling processes.
  • Calculate profit and loss for each transaction, ensuring accurate cost allocation and margin analysis.
  • Maintain and reconcile inventory records for raw materials, work-in-progress, semi-finished, and finished goods, ensuring precise valuation of precious metals.
  • Conduct regular inventory reconciliations by comparing physical counts with ERP system data; investigate and resolve discrepancies.
  • Assist in developing budgets and forecasts for production costs; analyze variances and recommend corrective actions.
  • Collaborate with operations teams to improve inventory accuracy and streamline related processes.
  • Support internal and external audits by providing documentation and analysis related to inventory, costing, and compliance.
  • Coordinate with Business Development teams to monitor supplier costs and evaluate the cost-effectiveness of raw material sourcing.
  • Analyze production data to identify cost trends, assess material yields, and evaluate the profitability of recycling operations.
  • Contribute to monthly financial closing activities, including inventory valuation, cost allocation, and account reconciliations.
  • Generate reports on cost variance and margin analysis to identify opportunities for cost optimization.
  • Provide financial insights and ad-hoc reports to support strategic initiatives.
  • Apply knowledge of Incoterms to ensure accurate landed cost calculations and assess risk allocation in supplier agreements and international shipments.

Requirements

  • Bachelor’s degree in accounting, finance, or a related field.
  • Professional certifications such as ACCA, CPA, or CMA will be favourably considered.
  • Solid understanding of Incoterms (e.g., FOB, CIF, DDP).
  • 2 – 4 years of experience in cost accounting, preferably within manufacturing, recycling, or the precious metals industry.
  • Proficiency in ERP systems and Microsoft Excel.
  • Strong analytical, problem-solving, and communication skills.
  • High attention to detail and ability to work independently in a fast-paced environment.

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