SAP FICO Consultant, Product Costing

1 week ago

Bengaluru, Karnataka, India Orient Cds Full time ₹ 15,00,000 - ₹ 28,00,000 per year

Job Description:

We are looking for an experienced finance professional with strong expertise in Product Costing and Controlling in SAP S/4HANA. The role will lead the design, execution, and governance of product costing processes, ensuring accurate standard and actual cost calculations that directly impact pricing, margin management, and inventory valuation.

Point to note: We are looking for Immediate Joiners for this role.

Key Responsibilities:

  • Own the end-to-end product costing framework including standard costing, actual costing, and cost estimate runs.
  • Manage Material Ledger closing and ensure accuracy of actual cost calculations and inventory valuation.
  • Perform variance analysis (material, labor, overhead) and provide insights to Manufacturing, Supply Chain, and Finance teams.
  • Partner with Procurement and Operations to maintain BOMs, routings, scrap/yield factors, ensuring cost accuracy and governance.
  • Ensure compliance with accounting standards and support internal/external audits with product costing data.
  • Collaborate with Controlling and FP&A teams for cost-to-serve, SKU profitability, and margin analysis.

Required Skills & Experience:

  • 8 to 10 years of experience in Product Costing / Controlling.
  • Strong hands-on experience with SAP S/4HANA CO-PC, Material Ledger, and Actual Costing.
  • In-depth knowledge of costing variants, costing sheets, cost collectors, and period-end closing activities.
  • Solid understanding of BOMs, routings, inventory valuation, and variance analysis.
  • Strong analytical and Excel/BI skills to translate costing data into actionable insights.
  • Excellent communication and cross-functional collaboration skills.

Qualifications:

  • Bachelor's degree in accounting, Finance, Commerce, or related field.
  • Professional accounting qualification (CA/CPA/ACCA) or MBA Finance preferred.

Additional Qualifications(Plus):

  • Have good experience across the SAP FICO module.
  • Has worked on SAP Central Finance

Why Join Us:

  • Work on large-scale SAP S/4HANA finance transformation projects
  • Be part of a global, collaborative, and innovative team
  • Gain exposure to advanced SAP features and costing best practices
  • Competitive salary and benefits with opportunities for long-term growth

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