Cost Management Support Expertise

2 weeks ago

Bengaluru, Karnataka, India beBeeCOSTING Full time ₹ 80,00,000 - ₹ 1,20,00,000

Job Title: Production Support Service Specialist

Job Description:

We are seeking an experienced professional to provide comprehensive production support for Cost Management, Inventory, and integrations with Payables/Receivables modules.

The ideal candidate will possess both functional understanding of costing methodologies and technical troubleshooting capabilities to ensure operational excellence.

  • Support various costing methods including Standard Costing, Average Costing, FIFO, LIFO, and other methodologies
  • Maintain subledger accounting (SLA) integrations with financial systems
  • Provide expertise for Inventory Valuation and troubleshoot how transactions impact cost layers
  • Support Work in Process (WIP) and Bills of Material (BOM) costing operations
  • Analyze and troubleshoot cost variances during daily operations
  • Develop and optimize SQL & PL/SQL queries to extract cost-related data from Oracle tables
  • Debug PL/SQL procedures, packages, and functions used in cost calculations
  • Receive, analyze, and prioritize related support tickets
  • Provide timely solutions to users
  • Document resolution steps and knowledge base articles
  • Support system upgrades and patches
  • Monitor system performances and recommend improvements

Technical Troubleshooting:

  • Analyze cost distributions and transaction accounting issues
  • Debug and resolve costing discrepancies and period close errors
  • Utilize FND Diagnostics, trace files, and debug logs to investigate costing issues
  • Support the period close process in Oracle Cost Management
  • Reconcile Inventory Valuation Reports with General Ledger
  • Identify and resolve cost variances during month-end close
  • Apply deep knowledge of costing tables (e.g., CST_COST_HISTORY, CST_COST_TYPE)

Operational Governance:

  • Participate in Change Management activities including maintaining SOPs, process documentation, and impact assessments for updates
  • Support Quarterly Cloud Updates Readiness assessments, perform regression testing, and ensure business continuity
  • Ensure financial data accuracy, SOX compliance, and internal control adherence

This position requires a blend of functional expertise in Oracle Cost Management methodologies and technical proficiency to support critical business operations and ensure financial accuracy.

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