Inventory and Costing Exectuive

About the role

Handle and monitor daily inventory and costing activities for the manufacturing operations. Maintain accurate records of raw materials, work-in-progress (WIP), finished goods and packaging materials. Perform regular inventory reconciliation between physical stock and system records, and investigate any discrepancies or variances. Prepare and maintain product costing, including raw materials, direct labour and manufacturing overheads. Calculate and analyse standard cost, actual cost and production cost variances.

Key responsibilities

• Maintain accurate records of raw materials, work-in-progress (WIP), finished goods and packaging materials
• Perform regular inventory reconciliation between physical stock and system records, and investigate any discrepancies or variances
• Prepare and maintain product costing, including raw materials, direct labour and manufacturing overheads
• Calculate and analyse standard cost, actual cost and production cost variances
• Review material consumption against production output and investigate significant usage variances
• Maintain and update BOM (Bill of Materials), standard costs, material prices and costing information in the system
• Prepare monthly inventory, costing, COGS and variance analysis reports for management review
• Assist in month-end closing, including inventory valuation, cost of goods sold and relevant costing entries
• Work closely with Production, Warehouse, Purchasing and Finance departments to ensure accurate inventory movement and costing records
• Participate in monthly / quarterly stock counts and ensure proper reconciliation of physical stock against system balances

About you

• Diploma or Bachelor's Degree in Accounting, Finance, Costing, Business Administration, Supply Chain or related field
• 2–5 years of relevant experience in inventory, costing, management accounting or manufacturing environment
• Good understanding of product costing, standard costing, BOM, inventory valuation and variance analysis
• Familiar with raw material, WIP and finished goods inventory control
• Experience in stock take and inventory reconciliation
• Good knowledge of Microsoft Excel, including formulas, PivotTables and data analysis
• Strong analytical skills with good attention to detail
• Able to identify discrepancies and investigate the reasons behind inventory and costing variances
• Good communication and coordination skills, with the ability to work with Production, Warehouse, Purchasing and Finance teams
• Able to work independently, meet deadlines and handle confidential financial and costing information