Costing Manager

Responsibilities

• Develop, implement, and maintain standard costing systems and processes.
• Prepare, review, and update product costing, Bill of Materials (BOM), and labor cost structures.
• Conduct variance analysis (standard vs actual cost, material usage, labor efficiency, overhead absorption).
• Analyze manufacturing and operational costs to identify cost drivers and cost-saving measures.
• Support pricing decisions by providing accurate cost and margin analysis.
• Collaborate with operations and production teams to prepare cost budgets and forecasts.
• Monitor and control cost performance against budget, highlighting variances with root cause analysis and corrective actions.
• Provide cost-related insights to support strategic and operational planning.
• Ensure timely and accurate reporting of product cost, profitability, and inventory valuation.
• Prepare management reports on cost trends, profitability analysis, and cost reduction initiatives.
• Ensure compliance with internal controls, accounting policies, and audit requirements.
• Manage and ensure accuracy and efficiency in all deliverables.
• Collaborate with Production, Supply Chain, Procurement, and Sales to provide cost-related support.
• Drive continuous improvement initiatives in costing processes, systems, and reporting.
• Undertake ad-hoc assignments as and when required.

Qualifications

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Tan Chong Motor Holdings Berhad ("TCMH") was incorporated in Malaysia in 1972 and listed on the Main Market of Bursa Malaysia Securities Berhad in 1974. From its humble beginnings as a small distributor of motor vehicles in the 1950s, TCMH has grown into a conglomerate involved in a myriad of business activities. Today, TCMH operates as an investment holding company with principal activities in the assembly and distribution of passenger and commercial vehicles, after-sales services, spare parts retailing, education, trading and motor-related financial services such as hire purchase, insurance services, leasing and car subscription services, both domestically and internationally.

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