Costing Executive
As a Costing Executive, you will be responsible for overseeing and managing the costing & pricing activities related to specific jobs, projects, or orders received within the organization. Your primary role will involve ensuring accurate cost estimation, effective pricing strategies, profitability analysis, tracking, and reporting for various projects or orders undertaken by organization to support decision-making, insightful costing information, contributing and financial planning.
Responsibilities:
- Cost Estimation:
- Estimate costs associated with labor, materials, subcontracting, and overhead expenses for each job, project, or order.
- Utilize historical data, industry benchmarks, and inputs from stakeholders to develop accurate cost estimates.
- Pricing Strategy:
- Develop pricing models and strategies that align with cost estimates, market conditions, and profitability targets.
- Analyze pricing trends, competitor pricing strategies, and customer requirements to optimize pricing decisions.
- Cost Tracking and Analysis:
- Monitor and track actual costs incurred against budgeted costs throughout the lifecycle of projects or orders.
- Conduct variance analysis and provide explanations for any deviations from budgeted costs.
- Profitability Analysis:
- Prepare profitability reports and analysis for completed projects or orders.
- Identify factors influencing profitability and recommend actions to improve financial performance.
- Financial Reporting:
- Prepare regular reports on project or order costing, pricing analysis, and profitability metrics.
- Present findings and recommendations to senior management and stakeholders as needed.
- Cross-functional Collaboration:
- Collaborate with project managers, sales teams, procurement, and finance departments to ensure alignment of costing and pricing strategies with business objectives.
- Provide support during contract negotiations and bid processes by offering accurate costing information.
- Process Improvement:
- Continuously evaluate and improve costing and pricing processes to enhance accuracy, efficiency, and decision-making capabilities.
- Implement best practices and standardized methodologies across projects or orders.
- Any other ad-hoc duties as assigned
Requirement:
- Diploma in Mechanical Engineering or relevant field.
- Minimum 1 year of working experience in job costing, project accounting, pricing analysis, or related roles within a relevant industry (e.g., construction, manufacturing, services).
- Application of measuring equipment and techniques
- Knowledge of geometric dimensioning and tolerancing
- Strong understanding of cost accounting principles, financial analysis, and pricing strategies.
- Proficiency in ERP systems and advanced proficiency in Microsoft Excel for data analysis and reporting.
- Excellent analytical skills with the ability to interpret complex financial data and trends.
- Effective communication and presentation skills, with the ability to convey technical information to non-technical stakeholders.
- Strong organizational skills, attention to detail, and the ability to manage multiple priorities under tight deadlines.
- Familiarity with industry-specific regulations, standards, and market dynamics related to costing and pricing.
- Experience with cost estimation tools or software would be an asset.
- Ability to thrive in a collaborative team environment and contribute to a positive workplace culture.
Join OSG Containers and Modular Pte Ltd and be a part of our exciting journey, if you have a passion for sales, a strategic mindset, and a drive for success, we encourage you to apply.
To apply for this position, please send your resume outlining your personal details and relevant experience.
Company Overview
Achieve a promising career with OSG by joining our journey to become Singapore’s leading supplier of containers and modular space solutions! Get acquainted with clients from a wide range of industries, government and MNCs! Accepted candidates can look forward to a friendly, respectful and rewarding working environment. Join our family now!
Our company is one of the leading suppliers of cabin containers in Singapore that provide portable, affordable and flexible space solutions. We strive to deliver reliable products and warm service to our customers from many different industries including Building & Construction, Manufacturing, Maritime and Services. As we expand, we will continue to bring out the best in our people and seek better working experience & environment.
We believe in building for all a:
1) Progressive working environment
2) Friendly & respectful culture
3) Rewarding & enriching experience
Our core values are being Optimal, Smart & Genuine.
