Cost Accountant

3 weeks ago

Mumbai Maharashtra India, Maharashtra MTC BUSINESS PVT LTD Full time

Role: Cost Accountant – SAP Implementation.Qualification: Bachelor's degree in Accounting, Finance, along with CMA, CA, or CPA.Work Experience: 3+ years experienceLocation: Andheri, Mumbai.Job Summary: We are seeking an experienced Cost Accountant to play a critical role in the greenfield implementation of SAP S/4HANA, specializing in cost management and finance process design. This position will be pivotal in building all costing processes and structures from the ground up, ensuring best practices and optimal configuration in a new SAP environment. Key Responsibilities:Collaborate with business and IT teams during SAP S/4HANA blueprinting, fit-gap analysis, and system design workshops, focusing on the design and setup of costing-related processes, master data, and reporting.Oversee the migration of cost-related data from Tally, ensuring completeness, accuracy, and mapping to SAP structures. Participate in data cleansing, validation, and reconciliation activities specific to legacy-to-SAP migration.Lead the configuration and initial setup of product costing, cost centers, internal orders, and profitability analysis in SAP S/4HANA FICO, ensuring alignment with business goals and compliance requirements.Implement pre-defined costing methodologies:Support business planning and budgeting by preparing regular cost reports, variance analyses, and management dashboards.Act as the subject matter expert for cost accounting during UAT (User Acceptance Testing), system cutover, and stabilization phases, troubleshooting issues, and refining workflows.Conduct user training sessions to build costing and SAP proficiency in the finance team.Collaborate on developing automated costing, valuation, and closing processes leveraging S/4HANAs latest functionalities (including Fiori and embedded analytics).Participate actively in post-go-live support and continuous process optimization, capturing lessons learned to drive ongoing improvements in the new system. Qualifications & Skills:Minimum 3 year’s experience in cost accounting, with a strong preference for backgrounds in manufacturing and prior involvement in SAP projects.Ideally, hands-on participation in at least one SAP greenfield implementation, with expertise in configuring costing components in SAP S/4HANA FICO.Deep understanding of cost flows in SAP (product costing, cost centers, internal orders, profitability analysis) and familiarity with SAP project implementation methodology (ASAP/Activate).Analytical mindset and strong communication skills, able to translate business costing needs into system design.Advanced MS Excel and SAP Fiori skills; exposure to SAP project documentation and training desirable.

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