Company Background:
Ingredion is a Fortune 500 provider of ingredient solutions that touch millions of lives, every day. With over 19,000 customers in 120 countries, we create solutions that help nourish, comfort, and delight people all over the world. We are proud to source our strength from nature. That’s why we’re growing sustainably, with an industry-leading product portfolio that includes plant-based proteins, sugar alternatives and clean and simple ingredients that deliver on changing consumer needs while protecting our planet. Although we are best known for our food ingredients, we are much more than a food business. We co-create bespoke solutions with our customers; from cosmetics and beauty, to paper and textiles, to pharmaceuticals, driven by relentless curiosity. We make it our business to anticipate industry trends, and to bring together the potential of people, nature and technology to make life better.
LOCATION: Bandar Enstek, Nilai
WORKPLACE TYPE: On Site
As a Senior Costing Executive, you will be responsible for the support of end-to-end costing and inventory activities in Malaysia plant operations.
What you will do:
Responsible for period-end costing activities to ensure period is closed as per agreed timetable in SAP
Update Entity and Group costing information and prepare recurring and ad hoc costing and inventory reports to facilitate the monthly review and analysis from Corporate and external auditors
Analyze cost impact and maintain standard costs of new items or revise on existing items in SAP
Prepare costing analysis for any change of material prices due to fluctuations in foreign exchange
Monitor Bill of Materials (BOM) and routing and liaise with operations team.
Prepare all manufacturing related reports e.g. variance analysis and manufacturing expenses for actuals vs budget, etc.
Prepare cost and margin analysis by products/models/customers
Analyze Intercompany / Inter regional pricing and net structural savings
Support monthly inventory provision and slow-moving provision based on inventory accounting policies
Involve in warehouse stock count process as a finance counterpart and review the stock count control and follow-up on count variances
Prepare capital expenditure report for actuals versus budgets and ensure the fixed asset capitalization is adhered to accounting policies
Manage plant accounting function and ensure accurate accounting record – Fixed Asset, COGS, Inventory, Intangible Asset, overhead prepayment, overhead accruals, and etc
What you will bring:
- Degree in Accounting / Finance or relevant field
- Work experience in manufacturing for costing role is a must
- English fluency, both written and spoken
- Good excel skill
- SAP experience
Who you are:
- Able to perform in dynamic multicultural environment with an adaptive attitude
- Work independently with minimum supervision from superior and proactively engage with operations teams to resolve issues and close any operation and accounting gap
- Able to understand the plant operations and provide an in-depth analysis on the product costing view
Why Join Ingredion?
Discover why Ingredion is the ideal place to advance your career with our exceptional rewards and benefits package designed to help you thrive. Create the future with us and enjoy:
Total Rewards Package – Competitive salary and performance-based pay recognizing your contributions to our success
Comprehensive Benefits & Wellness Support – Health, long-term savings, and resources for your physical, mental, and emotional well-being
Career Growth – Learning, training, and development opportunities.
Employee Recognition Program – A culture of real-time appreciation, with personalized recognition rewards globally
Employee Referral Program – Refer top talent and earn a bonus if they’re hired
Complimentary Lunch - Nutritious meals provided at work to keep you energized.
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Ingredion uses AI-enabled tools to support parts of the recruitment process, including resume screening and interview scheduling. These tools help match candidate skills to job requirements and streamline communication. All AI-assisted decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws. By applying, you acknowledge that AI may be used to support your application journey.
Relocation Available:
Yes, Within CountrySkills Required
- Degree in Accounting, Finance, or a relevant field
- Manufacturing costing experience
- Fluent English, written and spoken
- Good Microsoft Excel skills
- SAP experience
Ingredion Incorporated Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ingredion Incorporated and has not been reviewed or approved by Ingredion Incorporated.
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Retirement Support — A competitive 401(k) program with company matching and, in some cases, additional contributions is highlighted, with defined vesting terms. This supports long‑term savings and is a consistent pillar of the U.S. package.
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Healthcare Strength — Core medical, dental, and vision coverage is standard, with additional protections like life and disability insurance. Wellbeing resources and an employee assistance program further bolster health support.
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Strong & Reliable Incentives — Annual or periodic bonuses are common components of compensation across functions. This adds dependable variable pay alongside base salary.
Ingredion Incorporated Insights
What We Do
Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2022 annual net sales of nearly $8 billion, we turn grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs® innovation centers located worldwide and approximately 12,000 employees, we co-create with customers and fulfill our purpose of bringing the potential of people, nature and technology together to make life better. Visit ingredion.com for more information and the latest company news. To learn more about our career opportunities, please visit www.ingredion.com/careers.
