HYDERABAD · FULLTIME
Product Costing Manager for Auto Client based in Oman

Walk In Solutions
Hyderabad · onsite · Posted 1d ago
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About this role
We have an exciting oppotunity of Product Costing Manager for our Auto Client based in Sohar, Oman
Job Title: Product Costing Manager
Location: Sohar, Oman
Reporting: CFO
Role Overview: We are looking for an experienced Cost Controller to join its Finance team and support growing manufacturing operations at the Sohar facility. This is a high-visibility, cross-functional role that sits at the intersection of Finance, Production, Supply Chain, and Sales — ensuring accurate cost data, robust reporting, and management insights that directly drive profitability and operational efficiency.
Key Responsibilities: 1. Product Costing & Standard Cost Management • Develop and maintain standard cost models for all product categories across the manufacturing line. • Review, validate, and ensure accuracy of Bills of Materials (BOMs) in coordination with Production and Engineering teams. • Update cost structures on an ongoing basis to reflect changes in raw material prices, labour costs, and overhead allocations. • Ensure accurate and up-to-date costing setup within the Odoo ERP system. 2. Production Cost Monitoring • Track actual manufacturing costs against standard costs — identifying gaps, overruns, and efficiency opportunities. • Analyse production orders and monitor cost per order across product lines and production batches. • Flag cost overruns and operational inefficiencies to Production and Finance management with root-cause analysis. 3. Variance Analysis • Perform regular, structured variance analysis across key cost dimensions: – Material consumption variance — actual vs standard material usage – Labour efficiency variance — planned vs actual labour hours and cost – Production yield and wastage — scrap rates, rework costs, yield loss – Overhead absorption variance — fixed and variable overhead recovery 4. Inventory Cost Control • Monitor and maintain accurate valuation of raw materials, WIP (Work-in-Progress), and finished goods inventory. • Analyse inventory movements and proactively identify slow-moving or obsolete materials. • Ensure correct costing of imported materials including landed costs, freight, duties, and customs charges. • Support periodic physical inventory counts, cycle counts, and reconciliations. 5. Cost Reporting • Prepare and distribute regular management reports including: – Product cost analysis by SKU and category – Manufacturing variance reports with root-cause commentary – Profitability by product category and customer – Cost trend analysis — month-on-month and year-on-year – Production efficiency indicators and KPI dashboards 6. Pricing & Commercial Support • Support Sales and Management in product pricing decisions by providing detailed cost breakdowns and margin analysis. • Ensure target margins are maintained across the product portfolio — flagging risks where pricing may erode profitability. • Evaluate the cost and profitability of new product introductions or customer-specific requirements. 7. ERP & Process Improvement • Maintain and continuously improve accurate costing structures within the Odoo ERP system. • Support ERP enhancements and improvements related to manufacturing costing modules and management reporting. • Identify and recommend process improvements to strengthen cost control, data integrity, and operational efficiency.
Requirement: Education & Experience
- Bachelor's degree in Accounting, Finance, or Cost Accounting.
- CMA, ACCA, or CPA certification (completed or in progress) preferred.
- 5+ years of experience in cost accounting within a manufacturing environment.
- Background in industries such as automotive, furniture, joinery, construction materials, metals, or industrial manufacturing.
- Strong expertise in standard costing, BOM costing, variance analysis, and manufacturing finance.
- Experience in an international or expatriate manufacturing environment is an advantage. Technical Skills
- Strong knowledge of standard costing, absorption costing, overhead allocation, and variance analysis.
- Experience with Odoo ERP preferred; exposure to SAP, Oracle, or other manufacturing ERPs is acceptable.
- Advanced MS Excel skills, including Pivot Tables, reporting, and data analysis.
- Ability to analyze production and inventory data to support business decisions.
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