Execute CO cycles: Assessment (KSU5) and Distribution (KSV5) for overhead allocation.
Perform Actual Activity Price Calculation (KSII).
Manage production order/process order closing: WIP (KKAX/KKAO), Variance Calculation (KKS1/KKS2), and Settlement (CO88/KO88).
Ensure timely execution and monitoring of the CO period lock (OKP1).
Material Ledger (ML) & Actual Costing
Execute the complete Actual Costing Run (CKMLCP) process.
Ensure accurate revaluation of inventory and consumption at the Periodic Unit Price (PUP).
Monitor and resolve Material Ledger errors to maintain data integrity.
P&L Reporting & Analysis
Produce and analyze a Weekly Projected P&L report, highlighting key commercial and cost variances.
Provide detailed commentary on Production, Input Price, and Overhead Variances generated by the CO/ML cycles.
Reconcile CO/ML results to the General Ledger (GL) to ensure accurate Gross Margin reporting.
The SAP FICO Specialist will be primarily responsible for the accurate and timely execution of all Controlling (CO) and Material Ledger (ML)/Actual Costing period-end close processes.
This role is critical for determining the true cost of goods sold (COGS), calculating inventory actual costs, and generating the necessary weekly and final monthly Gross Margin/P&L reports to support business decision-making.
