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Costing Officer



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5-7 Years
4 months ago
180 Viewed
0 Applied

Job Description

Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.


  • Roll up items costing, routing, checking to standard cost
  • Create product line, upload, and update standard cost based on agreed timeline by customers.
  • Analyse and reconcile standard vs actual margins, by product and/or by customer.
  • Handle inventory adjustment in ERP system based on request from other department, and inventory recovery to customers.
  • Review annual standard costing
  • Provide variance analysis and work with operation to improve the cost structure
  • Support Sales team on RFQ costing and gross margin on new business development
  • Analyse method change, and all production variances produced by ERP system.
  • Monitor inventory stock status based on company policy.
  • Prepare monthly purchase price variance; collaborate with internal and external parties, follow through until obtain a final confirmation (i.e. purchase order) from customers.
  • Prepare working file for inventory provision and reconcile Inventory vs GL
  • Prepare and analyse inventory aging report and collaborate with internal stakeholders to drive-down the inventory holding level.
  • Inventory Physical count Audit i.e., annual, quarterly or as of when required.
  • Any other ad-hoc assignment related to costing portfolio.
  • Learn and understand about the business process
  • Familiar and understand the company policies and system


  • 5 years minimum experience in accounting & finance, preferably at MNC.
  • Good knowledge of costing process and have strong analytical skills.
  • Well understanding in journal entry flow using accounting software/ERP
  • Familiar with Ms. Office/Excel

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