Job Description

More than just a recruitment company. At PRTR, we have been a part of our customer's success for 30 years as their total HR solutions partner. With 550 dedicated professionals and over 15,000 outsourced staff, we will continue to carry out our mission to develop a better career, a better life, and a better society, and thrive to become the No.1 people solutions organization in Southeast Asia.

We are looking for a Product Costing Manager who is responsible for managing and overseeing product costing activities in a manufacturing environment. 

Key Responsibilities

• Cost Analysis and Management
  • Developing, maintaining, and updating costing models and product cost structures.
  • Conducting detailed cost analysis for products, materials, labour, and overheads to ensure accuracy in product costing.
  • Analyzing production processes to identify and recommend cost-saving opportunities and improvements.
• Budgeting and Forecasting
  • Preparing and managing annual budgets, forecasts, and standard costs for products.
  • Monitoring and report on cost variances and analyze the impact on the overall financial performance.
  • Working closely with finance teams to support accurate financial reporting.
• Inventory and BOM Management
  • Overseeing Bill of Materials (BOM) costing, updates, and adjustments as necessary.
  • Ensuring accurate inventory valuation and management, including cycle counts and stock take analysis.
  • Collaborating with procurement to manage and monitor raw material costs and supplier pricing fluctuations.
• Cross-Functional Collaboration
  • Partnering with production, R&D, procurement, and finance departments to drive efficient cost management.
  • Supporting product pricing strategies by providing cost-related insights and reports to guide pricing decisions.
  • Conducting regular reviews and audits of product costs and providing recommendations to senior management.
• Process Improvement and Compliance
  • Implementing best practices in costing and cost control procedures.
  • Ensuring compliance with industry standards and internal policies related to costing and inventory management.
  • Continuously improving costing processes to enhance data accuracy, efficiency, and reporting quality.
• Reporting and Analysis
  • Preparing monthly, quarterly, and annual cost reports and presenting findings to management.
  • Tracking and monitoring key cost drivers and preparing analysis for product cost variances.
  • Providing insights and recommendations for cost reduction, efficiency improvement, and profitability enhancement.

Qualifications and Skills

• Bachelor’s degree in a related field.
• 5+ years of experience in product costing in the manufacturing industry.
• Strong analytical skills with attention to detail and accuracy in data management.
• Excellent communication and interpersonal skills to work across teams.
• Strong organizational skills and the ability to handle multiple tasks and deadlines.