Senior Manager

Job Description Position Name: Senior Manager - Material Ledger & Product Costing Brief Role Description: To support implementation, stabilization, and continuous improvement of Material Ledger (Actual Costing) and Product Costing in SAP S/4HANA, ensuring accurate valuation, cost transparency, compliance, and business alignment across manufacturing operations in the automotive domain. Job Roles & Responsibilities Level Material Ledger (ML) Actual Costing Support design, configuration, and activation of Material Ledger with Actual Costing in S/4HANA. Define and validate: o ML types, valuation areas, and currencies o Price determination (Periodic Unit Price PUP) o Actual costing run (CKMLCP) Analyze and resolve price differences: o Purchase price variance o Production variances o Exchange rate differences Ensure accurate single and multi-level price determination. Support month-end ML close: o Revaluation of consumption o WIP, inventory, and COGS adjustments Collaborate with Finance for FI integration and reconciliation. Product Costing (CO-PC) Support Product Cost by Order and Product Cost by Period scenarios relevant to automotive manufacturing. Configure and validate: o Cost component structures o Costing variants (standard, planned, actual) o Overhead costing sheets Support standard cost estimation (CK11N/CK40N equivalent in S/4HANA). Ensure accurate costing for: o In-house manufactured parts o Subcontracting and external processing o Phantom assemblies and configurable materials Support cost roll-ups across multi-level BOMs and routings. Automotive Industry-Specific Responsibilities Handle high-volume manufacturing and complex BOM structures. Support costing for: o Variant configuration o Engineering change management o Frequent design and price changes Manage cost transparency across: o Raw materials o Semi-finished and finished goods Support make vs buy analysis and margin analysis for OEM and Tier-1/Tier-2 suppliers. Integration & Cross-Functional Coordination Ensure seamless integration with: o MM Procurement, valuation, GR/IR o PP BOM, routing, production orders o FI G/L, inventory valuation, closing o CO Cost Centers, internal orders, profitability Work closely with: o Manufacturing o Supply Chain o Finance & Controlling o IT and SAP Basis teams Month-End Close & Financial Compliance Support period-end closing activities for: o Product costing o Material Ledger o Inventory valuation Ensure compliance with: o Ind AS / IFRS o Internal costing and audit requirements Support audit queries related to inventory valuation and costing Data Validation, Testing & Cutover Support Support unit testing, integration testing, and UAT. Validate costing results against legacy systems. Support data migration and cutover activities: o Standard cost migration o Inventory balances Identify and resolve discrepancies proactively. Reporting & Analytics Support standard and custom reports: o Cost component split o Actual vs standard cost analysis o Inventory valuation reports Collaborate on Fiori apps and S/4HANA analytics for costing insights. Provide data for management reporting and decision-making. Documentation & Knowledge Transfer Prepare and maintain: o Business process documents (BP) o Configuration documents o SOPs and user manuals Conduct end-user training and handholding post go-live. Support Hypercare and transition to AMS. Essential & Desirable Education/Qualifications/ Work experience/technical skills: Functional Knowledge/Skills (Must Have) - 5 to 7 years of experience of supporting a large manufacturing organization on Product Costing related processes in SAP - Hands-on experience in executing Material Ledger related period-end closing steps and issue resolutions. - Good understanding of Product Costing integration with other modules like PP, MM and SD - Deep understanding of manufacturing accounting and cost flows - Hands-on experience with actual costing & month-end close Educational Qualification: CA/ICWA (Preferred) Technical Skill required: - Familiarity with Agile methodologies - Relevant SAP certifications in Controlling module preferred Language Proficiency: Excellent communication and interpersonal skills, with the ability to liaise between business users and technical teams. Experience Required: 5 - 7 years of hands-on experience in SAP S/4HANA consulting, with a strong focus on Product Costing integration