Process Costing Engineer

JOB RESPONSIBILITIES

• Prepare process costing for new and existing products based on manufacturing processes, materials, labour, machine usage and overhead costs.
• Analyze production processes and determine the standard costand estimated manufacturing cost of products.
• Review Bill of Materials (BOM), routing, cycle time, material usage, labourrequirements and machine capacity to ensure accurate costing.
• Work closely with various Departments to collect and validate costing information.
• Conduct cost analysis and variance analysis between estimated, standard and actual production costs.
• Identify opportunities to reduce manufacturing costs, improve process efficiency and minimize material wastage.
• Support quotation and new product introduction (NPI) activities by providing accurate manufacturing cost estimates.
• Evaluate the cost impact of process changes, engineering changes, newmaterials and new equipment.
• Monitor and update costing data when there are changes in material prices, labour rates, machine rates or production processes.
• Prepare costing reports and provide recommendations to management for cost optimization and process improvement.
• Perform other duties assigned by the superior.

JOB REQUIREMENTS

• Degree in Mechanical Engineering, Manufacturing Engineering, IndustrialEngineering or related field.
• 1–2 years of experience in process costing, manufacturing engineering, industrial engineering or a related manufacturing environment.
• Good understanding of manufacturing processes and production operations.
• Familiar with BOM, routing, cycle time, material consumption, labour cost and machine cost calculations.
• Proficient in Microsoft Office with experience with SQL systems is an advantage.
• Good problem-solving and cost-analysis skills.
• Good communication and interpersonal skills.