Costing Officer/ Executive

Mi Equipment (M) Bdn Bhd
Full Time

Job Description

  • Report to the Costing Manager on all job functions related to the position
  • Planning, studying and collecting data to determine costs of business activity, such as raw material purchases, inventory and labor
  • Interact with Planner to ensure Bills of Materials (BOM) are accurate and up to date
  • Update standard costs in the BOM as needed
  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
  • Create and distribute detailed weekly open work order reports to Planning / Production Manager which include actual and estimated costs to-date as well as projections to complete
  • Provide data and detailed reports specifying and comparing factors affecting prices and profitability of products/ projects for value engineering purposes
  • Work closely with finance to closeout completed project/ work order by ensuring all material, labor and outside service costs are recorded in support of timely issuance of financial statements
  •  Work closely with other functional areas of the company related to product costing
  • Undertake other duties and responsibilities, which may be assigned by the Company from time to time with on time full closure

Job Requirements

  • Candidate must possess at least Post Graduate Diploma in Accounting/ Finance or equivalent
  • Preferably 1 year of cost accounting in a manufacturing/ equipment maker environment
  • Fresh graduates with good academic qualifications are welcome to apply
  • Understanding of cost accounting in ERP systems is an added advantage
  • Highly organized and detail-oriented
  • Preferable have cost systems background and have excellent analytical skills and business acumen
  • Experience working with engineering and manufacturing personnel on development and analysis of cost standards
  • Appreciate the importance for a high level of accuracy in data produced
  • Proficient in Microsoft Excel, PowerPoint and finance software
  • Able to work on multiple projects simultaneously and time sensitive

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