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Position Name: Senior Manager - Material Ledger & Product Costing
Brief Role Description:
To support implementation, stabilization, and continuous improvement of Material Ledger (Actual Costing) and Product Costing in SAP S/4HANA, ensuring accurate valuation, cost transparency, compliance, and business alignment across manufacturing operations in the automotive domain.
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:
o ML types, valuation areas, and currencies
o Price determination (Periodic Unit Price PUP)
o Actual costing run (CKMLCP)
Analyze and resolve price differences:
o Purchase price variance
o Production variances
o Exchange rate differences
Ensure accurate single and multi-level price determination.
Support month-end ML close:
o Revaluation of consumption
o 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:
o Cost component structures
o Costing variants (standard, planned, actual)
o Overhead costing sheets
Support standard cost estimation (CK11N/CK40N equivalent in S/4HANA).
Ensure accurate costing for:
o In-house manufactured parts
o Subcontracting and external processing
o 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:
o Variant configuration
o Engineering change management
o Frequent design and price changes
Manage cost transparency across:
o Raw materials
o 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:
o MM Procurement, valuation, GR/IR
o PP BOM, routing, production orders
o FI G/L, inventory valuation, closing
o CO Cost Centers, internal orders, profitability
Work closely with:
o Manufacturing
o Supply Chain
o Finance & Controlling
o IT and SAP Basis teams
Month-End Close & Financial Compliance
Support period-end closing activities for:
o Product costing
o Material Ledger
o Inventory valuation
Ensure compliance with:
o Ind AS / IFRS
o 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:
o Standard cost migration
o Inventory balances
Identify and resolve discrepancies proactively.
Reporting & Analytics
Support standard and custom reports:
o Cost component split
o Actual vs standard cost analysis
o 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:
o Business process documents (BP)
o Configuration documents
o 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:
Functional Knowledge/Skills (Must Have)
Educational Qualification: CA/ICWA (Preferred)
Technical Skill required:
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
Job ID: 139357765
