SAP Product Costing Expert

1 day ago


Bengaluru, Karnataka, India PradeepIT Consulting Services Pvt Ltd Full time
Job Summary:

We are seeking a highly skilled SAP Product Costing Specialist to lead our team in delivering exceptional product costing solutions. The ideal candidate will possess in-depth knowledge of SAP Product Costing processes, including Product Cost Settlement, Allocation Cycles, and Cost Elements, as well as a strong understanding of SAP Controlling (CO) transactions and data internally.

Key Responsibilities:
  • Product Costing Configuration & Management: Configure and manage SAP Product Costing (CO-PC) functionalities, including Product Cost Settlement, Allocation Cycles, Primary and Secondary Cost Elements, and Activity Types.
  • Cost Calculation: Oversee and manage Standard Costs, Overhead Calculation, and analyze cost variances for manufacturing processes.
  • SAP Transaction Code Expertise: Be proficient in SAP Controlling (CO) Transaction Codes such as CK11N (Costing), KKAO (Results Analysis), KO88 (Settlement), KEU5 (Allocation Cycles), and KS01/KS02 (Cost Center creation/modification).
  • Product Cost Settlement: Manage the complete process of product cost settlement and allocations to ensure accuracy and completeness in controlling.
  • Internal SAP Processing: Understand how SAP processes internal information related to cost elements, activity types, and allocation cycles to ensure accurate costing information.
  • Reporting & Analysis: Provide detailed financial reporting and analysis of product costing data for decision-making support.
  • Data Extraction & Integration: Experience with data extraction tools and integration with Data Lakes and other data repositories is an added advantage.
  • Cross-functional Collaboration: Work closely with finance, supply chain, and IT teams to ensure accurate and timely costing information and seamless data flow across the system.
  • Process Improvement: Continuously seek opportunities to streamline and improve the SAP Product Costing processes to enhance efficiency and accuracy.
Required Skills & Qualifications:
  • 8 to 10 years of experience working with SAP Product Costing (CO-PC) and Controlling (CO) modules.
  • Expertise in SAP Product Costing processes, including Product Cost Settlement, Allocation Cycles, Primary and Secondary Cost Elements, and Activity Types.
  • In-depth knowledge of Standard Cost Calculation, Cost Variance Analysis, and Overhead Calculations.
  • Strong experience with SAP Transaction Codes for Controlling and the ability to navigate complex SAP processes related to Product Costing.
  • Hands-on experience in data extraction from SAP and integration with Data Lake or similar data repositories.
  • Proficiency in SAP Controlling reports, analytics, and financial data interpretation.
  • Strong communication and collaboration skills to work with cross-functional teams.
  • Analytical mindset and problem-solving abilities to provide accurate costing insights.
Nice to Have:
  • Knowledge of SAP S/4HANA for Product Costing processes.
  • Experience with SAP FICO (Financial Accounting and Controlling) integration.
  • Familiarity with BI/BO (Business Intelligence/Business Objects) for advanced reporting.
  • Experience with data analytics tools such as Power BI or Tableau.

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