Senior Manager - Product Costing

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:
• ML types, valuation areas, and currencies
• Price determination (Periodic Unit Price – PUP)
• Actual costing run (CKMLCP)
• Analyze and resolve price differences:
• Purchase price variance
• Production variances
• Exchange rate differences
• Ensure accurate single and multi-level price determination.
• Support month-end ML close:
• Revaluation of consumption
• 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:
• Cost component structures
• Costing variants (standard, planned, actual)
• Overhead costing sheets
• Support standard cost estimation (CK11N/CK40N equivalent in S/4HANA).
• Ensure accurate costing for:
• In-house manufactured parts
• Subcontracting and external processing
• 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:
• Variant configuration
• Engineering change management
• Frequent design and price changes
• Manage cost transparency across:
• Raw materials
• 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:
• MM – Procurement, valuation, GR/IR
• PP – BOM, routing, production orders
• FI – G/L, inventory valuation, closing
• CO – Cost Centers, internal orders, profitability
• Work closely with:
• Manufacturing
• Supply Chain
• Finance & Controlling
• IT and SAP Basis teams

Month-End Close & Financial Compliance

• Support period-end closing activities for:
• Product costing
• Material Ledger
• Inventory valuation
• Ensure compliance with:
• Ind AS / IFRS
• 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:
• Standard cost migration
• Inventory balances
• Identify and resolve discrepancies proactively.

Reporting & Analytics :

• Support standard and custom reports:
• Cost component split
• Actual vs standard cost analysis
• 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:
• Business process documents (BP)
• Configuration documents
• 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 i.e. what are the 'must haves' for this role

Functional Knowledge/Skills (Must Have)

• 5 to 7 years of experience of supporting a large manufacturing organisation on Product Costing related processes in SAP
• 5 to 7 years of experience of supporting a large manufacturing organisation 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

Leadership Behavior

• Strong ability to understand business processes and translate them into functional S4 HANA solutions
• Strong ability to understand business processes and translate them into functional S4 HANA solutions
• Ability to manage multiple priorities and deadlines in a fast-paced environment
• Collaborate with cross-functional teams, work closely with business stakeholders, and provide both technical and functional guidance to implement best practices and improve system functionality, performance, and reporting capabilities.
• Previous experience working with global or multinational teams
• Strong problem-solving and troubleshooting skills.
• 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

Note-The role requires strong managerial and administrative capabilities, including the ability to plan, organize, and oversee day-to-day operations. The incumbent will be responsible for coordinating resources, ensuring compliance with organizational policies, monitoring performance metrics, and fostering effective communication across teams. This position involves decision-making, problem-solving, and guiding staff to achieve departmental and organizational objectives, while maintaining efficiency, accountability, and a culture of continuous improvement.