Senior SAP Consultant

SAP CO (Product Costing) Consultant

Experience: 7+ Years

Location: As per project requirement

Employment Type: Full-Time

Role Overview

The SAP CO (Product Costing) Consultant will be responsible for designing, implementing, and optimizing SAP Controlling processes with a strong focus on Product Costing. The role aims to improve financial transparency, cost accuracy, and decision-making by enabling robust cost management and reporting across business units.

Key Responsibilities

SAP CO Configuration & Implementation

• Design, configure, and support SAP Controlling (CO) modules including:
• Cost Center Accounting (CCA)
• Internal Orders
• Profitability Analysis (CO-PA – Account-based / Costing-based)
• Product Costing (CO-PC)
• Implement Product Costing for:
• Make-to-Stock (MTS)

• Make-to-Order (MTO)
• Standard Costing, Actual Costing, and Cost Estimates
• Configure BOMs, Routings, Costing Variants, Valuation Variants, Overhead Costing Sheets, and Cost Component Structures.

Integration & Cross-Functional Collaboration

• Work closely with MM, PP, and FI teams to ensure seamless end-to-end cost flow and financial integration.
• Support integration points such as:
• Material Ledger and Actual Costing
• Goods movements and production postings
• Settlement of variances and profitability analysis
• Ensure alignment between controlling processes and financial accounting requirements.

Cost Analysis & Reporting

• Analyze:
• Production variances (price, usage, quantity, mix)
• Overhead and manufacturing variances
• Support month-end and year-end closing activities related to CO.
• Enable and enhance management reporting for cost, margin, and profitability insights.
• Provide insights and recommendations to business stakeholders based on cost analysis.

Support & Continuous Improvement

• Provide functional support, issue resolution, and user guidance post-implementation.

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• Participate in system enhancements, process optimization, and rollout activities.
• Create functional specifications and support testing (unit, integration, UAT).
• Train end users and prepare functional documentation.

Required Skills & Qualifications

• BCom/ICWA/CA/MBA Fin/CIMA
• 7+ years of hands-on experience in SAP CO, with strong expertise in Product Costing (CO-PC).
• Deep knowledge of:
• Cost estimates
• Standard vs. actual costing
• Variance calculation and analysis
• Strong understanding of manufacturing business processes.
• Experience with SAP S/4HANA Finance preferred.
• Proven experience working in integrated SAP landscapes (FI/MM/PP).
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and manage multiple priorities.

Preferred Qualifications

• Experience in multiple implementation and support projects.
• Exposure to Material Ledger and Actual Costing in S/4HANA.
• Prior experience in consulting or large transformation programs.
• Certification in SAP CO or S/4HANA Finance is a plus.