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Strategic Product Costing Expert
3 weeks ago
The role of a Product Costing Specialist involves configuring, supporting, and optimizing SAP Costing processes to ensure accurate product cost estimates, cost of goods manufactured (COGM), cost of goods sold (COGS), and variance analysis in SAP S/4HANA.
Key Responsibilities:
- Design and configure SAP Product Costing solutions, including Cost Center Accounting, Activity Types, Cost Element Accounting, Product Cost Planning, Standard Cost Estimation, BOM & Routing integration, Actual Costing / Material Ledger, WIP, Variance Calculation, Settlement of Orders
- Collaborate with Manufacturing, Supply Chain, and Finance teams to gather requirements and design solutions aligned with business needs
- Support monthly/quarterly closing activities related to product costing, inventory valuation, and variance analysis
- Perform unit testing, integration testing, and support user acceptance testing (UAT)
- Provide end-user training and documentation on costing processes
- Troubleshoot issues and provide production support for SAP costing-related processes
- Ensure compliance with internal controls and accounting principles
Required Skills & Qualifications:
- Bachelor's degree in Finance, Accounting, Engineering, or related field
- 5+ years of SAP FICO experience with strong focus on Product Costing
- Hands-on experience with Standard Costing, Actual Costing, Material Ledger
- Good understanding of integration with MM, PP, SD, and CO-PA
- Strong knowledge of BOMs, Routings, and Work Centers for cost roll-ups
- Experience in variance analysis, WIP, and settlement processes
- Exposure to SAP S/4HANA Finance is a strong advantage
- Excellent analytical, problem-solving, and communication skills
Preferred Skills:
- Experience in Make-to-Order (MTO) and Make-to-Stock (MTS) costing scenarios
- Knowledge of Group Reporting, Margin Analysis (new CO-PA in S/4HANA)
- Experience in automation of costing processes or use of SAP Fiori apps
- SAP Certification in FICO or Management Accounting
About the Job
We are seeking an experienced SAP FICO professional with strong expertise in Product Costing (Discrete, Process, or Repetitive Manufacturing).
As a Product Costing Specialist, you will be responsible for configuring, supporting, and optimizing SAP Costing processes to ensure accurate product cost estimates, cost of goods manufactured (COGM), cost of goods sold (COGS), and variance analysis in SAP S/4HANA.
With a focus on delivering high-quality results and driving process improvements, you will collaborate with cross-functional teams to gather requirements and design solutions aligned with business needs.
In this role, you will perform unit testing, integration testing, and support user acceptance testing (UAT). You will also provide end-user training and documentation on costing processes.
Additionally, you will troubleshoot issues and provide production support for SAP costing-related processes. Your attention to detail and ability to analyze complex data will enable you to ensure compliance with internal controls and accounting principles.
If you have a passion for finance and technology, and are looking for a challenging role that offers opportunities for growth and development, we encourage you to apply for this position.
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