Job Description

Position Snapshot

Location: Jalan Playar, Shah Alam

Company: Nestlé Malaysia

Permanent - Full Time

Position Summary

Joining Nestlé means becoming part of the world's largest Food and Beverage company.

At our very core, we are a people-driven organisation, passionate about enhancing quality of life and contributing to a healthier future. A career at Nestlé offers opportunities to make an impact both locally and globally, empowering you to grow professionally and personally whilst contributing to meaningful business outcomes.

We are looking for a Costing Specialist to provide accurate and timely costing analysis, financial reporting and business insights to support informed decision-making across the organisation. The successful candidate will play a key role in ensuring costing accuracy, delivering financial transparency and driving continuous improvement initiatives within the Finance function.

A Day in the Life of...

• Review, analyse and maintain product costing and standard costs to ensure accuracy and consistency in reporting.
• Monitor actual costs against budgets and forecasts, identifying key cost drivers, trends, risks and opportunities.
• Support the annual budgeting, forecasting and standard costing processes in collaboration with Operations, Procurement, Supply Chain and Finance teams.
• Ensure compliance with Nestlé Accounting Standards, Nestlé Costing Standards and internal control requirements.
• Conduct cost and profitability analyses to support business decisions, pricing strategies and portfolio optimisation initiatives.
• Review and analyse manufacturing variances and provide transparency on key cost drivers to relevant stakeholders.
• Analyse operational and financial performance indicators, providing clear insights and recommendations to management.
• Maintain and validate costing master data within SAP and other financial systems to ensure data integrity.
• Participate in continuous improvement and cost optimisation projects to enhance operational efficiency and deliver sustainable savings.
• Support period-end closing activities, reconciliations and financial reporting requirements.
• Collaborate with cross-functional stakeholders to provide costing expertise and financial insights that support business performance.
• Deliver costing knowledge and financial guidance to stakeholders across the business where required.

What Will Make You Successful

• Bachelor's Degree in Accounting, Finance, Business Administration, Economics or a related discipline.
• Minimum 3-5 years of experience in Finance, Costing, Manufacturing Finance or Financial Analysis.
• Experience in manufacturing costing, factory finance or supply chain finance would be highly advantageous.
• Strong understanding of budgeting, forecasting, standard costing and variance analysis.
• Proficiency in SAP and Microsoft Excel, with experience in financial reporting and analysis.
• Strong analytical and problem-solving skills, with the ability to translate complex financial information into practical business insights.
• Excellent communication and stakeholder management skills, with the ability to work effectively across functions.
• Highly organised, detail-oriented and capable of managing multiple priorities in a fast-paced environment.
• A continuous improvement mindset with a proactive approach to process enhancement and operational excellence.