Costing Specialist

Shah Alam, Selangor, Malaysia

Job Description


Position Snapshot

Location: Shah Alam, Selangor

Company: Nestl\xc3\xa9 Manufacturing (M) Sdn Bhd

Permanent - Full Time

Bachelor\'s Degree holder

5+ years of experience

Position Summary

Joining Nestl\xc3\xa9 means you are joining the largest Food and Beverage Company in the world. At our very core, we are a human environment - passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future. A Nestle career empowers you to make an impact locally and globally, as you are provided with the opportunity to make a mark and stand out, as long as you seek it. With Nestle, you are enabled and encouraged to grow not only as professionals, but also as people.

We are looking for a Costing Specialist to to support the Factory in the pursuit of cost optimisation and compliance at the factory by providing visibility and insight into manufacturing variances. This will include the suggestion of corrective actions based on sound knowledge of manufacturing processes and cost drivers.

A day in the life of...

  • Provide a Finance \'co-pilot\' to the Production Team in the pursuit of cost improvement opportunities projects by challenging assumptions, providing savings estimates (including timing) and helping prioritise initiatives within the Operational Master Plan. This position is expected to be \xe2\x80\x9csecond level leaders\xe2\x80\x9d - they are to work as a co-pilot with the Production Manager, assist in setting appropriate direction, and supporting the factory in delivery of results
  • Coordinate reporting of actual costs: preparation of input data such as labour hours for Period-end Close (PEC); ensuring that the Costing Standards for Manufacturing (CSM) are followed.
  • Participate in business planning: assist the Factory Controller in preparing the inputs for the Standard Cost Budget (SCB) and Dynamic Forecast (DF) including the challenge of assumptions, working with factory management and staff to gather information, assist with preparation of presentation and sign off with management.
  • Provide product cost estimates to support:
  • Operational Master Planning (OMP)
  • New Product Development (NPD) and product formulation changes
  • Assumptions used in capital investment plans and requests (e.g. labour savings from line efficiency improvements).
  • Ensure compliance with internal controls by providing root cause analysis of daily, weekly and monthly variance reporting, revision of line standards through the quarterly review process and completion of master data workflow.
  • Active participation in NCE Operational Review meetings (i.e. DOR, WOR) and provide costing/variance information for measures as well as decision-useful information such as loss tree analysis and opportunity mapping.
  • The Factory Analyst needs to be skilled at respectful challenge and driving a zero loss mentality.
What Will Make You Successful
  • Hands on knowledge as well as strategic, continuous improvement mindset.
  • Commitment to a strong work ethic, integrity, honesty, safety, compliance and quality.
  • Good communication and stakeholders management skill
We are Nestl\xc3\xa9, the largest food and beverage company. We are 308,000 employees strong driven by the purpose of enhancing the quality of life and contributing to a healthier future. Our values are rooted in respect: respect for ourselves, respect for others, respect for diversity and respect for our future. With more than CHF 91.4 billion sales in 2018, we have an expansive presence with 413 factories in more than 85 countries. We believe our people are our most important asset, so we\'ll offer you a dynamic inclusive international working environment with many opportunities across different businesses, functions and geographies, working with diverse teams and cultures. Want to learn more? Visit us at www.nestle.com.

Position Snapshot

Location: Shah Alam, Selangor

Company: Nestl\xc3\xa9 Manufacturing (M) Sdn Bhd

Permanent - Full Time

Bachelor\'s Degree holder

5+ years of experience

Position Summary

Joining Nestl\xc3\xa9 means you are joining the largest Food and Beverage Company in the world. At our very core, we are a human environment - passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future. A Nestle career empowers you to make an impact locally and globally, as you are provided with the opportunity to make a mark and stand out, as long as you seek it. With Nestle, you are enabled and encouraged to grow not only as professionals, but also as people.

We are looking for a Costing Specialist to to support the Factory in the pursuit of cost optimisation and compliance at the factory by providing visibility and insight into manufacturing variances. This will include the suggestion of corrective actions based on sound knowledge of manufacturing processes and cost drivers.

A day in the life of...
  • Provide a Finance \'co-pilot\' to the Production Team in the pursuit of cost improvement opportunities projects by challenging assumptions, providing savings estimates (including timing) and helping prioritise initiatives within the Operational Master Plan. This position is expected to be \xe2\x80\x9csecond level leaders\xe2\x80\x9d - they are to work as a co-pilot with the Production Manager, assist in setting appropriate direction, and supporting the factory in delivery of results
  • Coordinate reporting of actual costs: preparation of input data such as labour hours for Period-end Close (PEC); ensuring that the Costing Standards for Manufacturing (CSM) are followed.
  • Participate in business planning: assist the Factory Controller in preparing the inputs for the Standard Cost Budget (SCB) and Dynamic Forecast (DF) including the challenge of assumptions, working with factory management and staff to gather information, assist with preparation of presentation and sign off with management.
  • Provide product cost estimates to support:
  • Operational Master Planning (OMP)
  • New Product Development (NPD) and product formulation changes
  • Assumptions used in capital investment plans and requests (e.g. labour savings from line efficiency improvements).
  • Ensure compliance with internal controls by providing root cause analysis of daily, weekly and monthly variance reporting, revision of line standards through the quarterly review process and completion of master data workflow.
  • Active participation in NCE Operational Review meetings (i.e. DOR, WOR) and provide costing/variance information for measures as well as decision-useful information such as loss tree analysis and opportunity mapping.
  • The Factory Analyst needs to be skilled at respectful challenge and driving a zero loss mentality.
What Will Make You Successful
  • Hands on knowledge as well as strategic, continuous improvement mindset.
  • Commitment to a strong work ethic, integrity, honesty, safety, compliance and quality.
  • Good communication and stakeholders management skill
We are Nestl\xc3\xa9, the largest food and beverage company. We are 308,000 employees strong driven by the purpose of enhancing the quality of life and contributing to a healthier future. Our values are rooted in respect: respect for ourselves, respect for others, respect for diversity and respect for our future. With more than CHF 91.4 billion sales in 2018, we have an expansive presence with 413 factories in more than 85 countries. We believe our people are our most important asset, so we\'ll offer you a dynamic inclusive international working environment with many opportunities across different businesses, functions and geographies, working with diverse teams and cultures. Want to learn more? Visit us at www.nestle.com.

BATU TIGA, MY, 40000

BATU TIGA, MY, 40000

Nestl\xc3\xa9

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Job Detail

  • Job Id
    JD907374
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Shah Alam, Selangor, Malaysia
  • Education
    Not mentioned