About The Role
We are seeking an experienced SAP FICO Consultant with strong hands-on expertise in the Controlling (CO) module, preferably within a manufacturing environment. The candidate must have a thorough understanding of manufacturing cost structures, production costing, cost allocation, and financial controlling processes.
The role requires strong SAP configuration and customization capabilities, particularly in translating internal stakeholder requirements from Finance, Costing, Production, and Operations teams into effective SAP solutions. The candidate will be responsible for optimizing cost accounting processes, improving manufacturing cost visibility, ensuring accurate product costing, and supporting integration between SAP FICO and other manufacturing modules.
Key Responsibilities
1. SAP CO Configuration and Customization
Configure and customize SAP CO functionalities based on business requirements and internal stakeholder needs.Gather requirements from Finance, Costing, Production, Plant Operations, and Supply Chain teams and translate them into SAP solutions.Configure Cost Center Accounting, Profit Center Accounting, Internal Orders, cost allocations, assessments, distributions, and settlement processes.Design and maintain controlling structures, cost allocation cycles, and reporting processes to meet manufacturing business requirements.Analyze existing processes and recommend improvements to cost control, financial transparency, and operational efficiency.
2. Product Costing and Manufacturing Cost Control
Implement and support SAP Product Costing, including standard cost estimates, cost component structures, and costing variants.Configure and support costing processes involving raw materials, semi-finished goods, finished goods, labor, machine costs, and manufacturing overheads.Work on Bill of Materials (BOM), routing, work center, and production version integration with product costing, in coordination with PP teams.Support standard cost calculation, cost roll-ups, cost releases, and periodic costing activities.Analyze production variances, including material price and usage variances, activity price and quantity variances, and production order variances.Support Work in Process (WIP) calculation, production order settlement, and variance settlement.Assist in identifying discrepancies between planned and actual manufacturing costs and recommend corrective actions.Support Material Ledger and Actual Costing processes, wherever applicable.3. Integration with Manufacturing Modules
Ensure seamless integration between SAP FI/CO and SAP MM, PP, and SD.Support accounting and controlling flows related to procurement, inventory valuation, goods movements, production orders, and finished goods sales.Troubleshoot issues involving material valuation, goods receipts, goods issues, production confirmations, inventory postings, and settlement.Coordinate with cross-functional teams to resolve integration issues affecting manufacturing costs and financial reporting.4. Stakeholder Management and Business-Specific Customization
Work closely with internal stakeholders to understand plant-specific costing methods, overhead allocation rules, profitability requirements, and management reporting needs.Translate business requirements into functional configurations, process changes, and enhancement specifications.Evaluate the feasibility of requested customizations and recommend standard SAP functionality wherever appropriate.Prepare functional specifications for custom reports, interfaces, enhancements, and forms in coordination with ABAP developers.Develop or support customized cost reports, profitability reports, and management dashboards based on business requirements.5. Support, Testing, and Continuous Improvement
Provide functional support for SAP FICO and CO-related issues across manufacturing plants and business units.Conduct root-cause analysis for costing discrepancies, accounting errors, and production settlement issues.Perform unit testing, integration testing, regression testing, and User Acceptance Testing (UAT).Support month-end and year-end closing activities, including allocations, WIP calculation, variance analysis, and settlement.Maintain configuration documents, functional specifications, process documentation, and user guides.Support SAP implementation, rollout, upgrades, and continuous improvement initiatives.Mandatory Skills and Experience
Strong hands-on experience in SAP FICO, with deep expertise in the CO module.Prior experience working with a manufacturing company or supporting manufacturing business processes.Strong knowledge of Product Costing, standard costing, cost component structures, and manufacturing overheads.Hands-on experience in Cost Center Accounting, Profit Center Accounting, Internal Orders, and cost allocation.Practical knowledge of production order costing, WIP, variance calculation, and settlement.Strong experience in SAP configuration and customization based on internal business requirements.Good understanding of FI integration with MM, PP, and SD.Experience in requirement gathering, functional solution design, testing, and production support.Ability to work directly with Finance, Costing, Plant, and Production stakeholders.Preferred Skills
Experience in SAP S/4HANA Finance and Controlling.Knowledge of Material Ledger and Actual Costing.Understanding of manufacturing processes, BOMs, routings, work centers, and production orders.Experience with COPA (Costing-Based or Account-Based Profitability Analysis, as applicable).Knowledge of cost center planning, budgeting, and management reporting.Experience in multi-plant or multi-location manufacturing environments.SAP FICO or S/4HANA Finance certification is an added advantage.Ideal Candidate Profile
The ideal candidate is a hands-on SAP FICO Consultant with strong CO configuration and customization expertise and practical exposure to manufacturing costing. The candidate should be capable of independently handling business requirements, configuring SAP solutions, troubleshooting product costing and production accounting issues, and collaborating with Finance, Costing, Production, and Technical teams to deliver effective business solutions.
The role requires strong SAP configuration and customization capabilities, particularly in translating internal stakeholder requirements from Finance, Costing, Production, and Operations teams into effective SAP solutions. The candidate will be responsible for optimizing cost accounting processes, improving manufacturing cost visibility, ensuring accurate product costing, and supporting integration between SAP FICO and other manufacturing modules.
Key Responsibilities
1. SAP CO Configuration and Customization
Configure and customize SAP CO functionalities based on business requirements and internal stakeholder needs.Gather requirements from Finance, Costing, Production, Plant Operations, and Supply Chain teams and translate them into SAP solutions.Configure Cost Center Accounting, Profit Center Accounting, Internal Orders, cost allocations, assessments, distributions, and settlement processes.Design and maintain controlling structures, cost allocation cycles, and reporting processes to meet manufacturing business requirements.Analyze existing processes and recommend improvements to cost control, financial transparency, and operational efficiency.
2. Product Costing and Manufacturing Cost Control
Implement and support SAP Product Costing, including standard cost estimates, cost component structures, and costing variants.Configure and support costing processes involving raw materials, semi-finished goods, finished goods, labor, machine costs, and manufacturing overheads.Work on Bill of Materials (BOM), routing, work center, and production version integration with product costing, in coordination with PP teams.Support standard cost calculation, cost roll-ups, cost releases, and periodic costing activities.Analyze production variances, including material price and usage variances, activity price and quantity variances, and production order variances.Support Work in Process (WIP) calculation, production order settlement, and variance settlement.Assist in identifying discrepancies between planned and actual manufacturing costs and recommend corrective actions.Support Material Ledger and Actual Costing processes, wherever applicable.3. Integration with Manufacturing Modules
Ensure seamless integration between SAP FI/CO and SAP MM, PP, and SD.Support accounting and controlling flows related to procurement, inventory valuation, goods movements, production orders, and finished goods sales.Troubleshoot issues involving material valuation, goods receipts, goods issues, production confirmations, inventory postings, and settlement.Coordinate with cross-functional teams to resolve integration issues affecting manufacturing costs and financial reporting.4. Stakeholder Management and Business-Specific Customization
Work closely with internal stakeholders to understand plant-specific costing methods, overhead allocation rules, profitability requirements, and management reporting needs.Translate business requirements into functional configurations, process changes, and enhancement specifications.Evaluate the feasibility of requested customizations and recommend standard SAP functionality wherever appropriate.Prepare functional specifications for custom reports, interfaces, enhancements, and forms in coordination with ABAP developers.Develop or support customized cost reports, profitability reports, and management dashboards based on business requirements.5. Support, Testing, and Continuous Improvement
Provide functional support for SAP FICO and CO-related issues across manufacturing plants and business units.Conduct root-cause analysis for costing discrepancies, accounting errors, and production settlement issues.Perform unit testing, integration testing, regression testing, and User Acceptance Testing (UAT).Support month-end and year-end closing activities, including allocations, WIP calculation, variance analysis, and settlement.Maintain configuration documents, functional specifications, process documentation, and user guides.Support SAP implementation, rollout, upgrades, and continuous improvement initiatives.Mandatory Skills and Experience
Strong hands-on experience in SAP FICO, with deep expertise in the CO module.Prior experience working with a manufacturing company or supporting manufacturing business processes.Strong knowledge of Product Costing, standard costing, cost component structures, and manufacturing overheads.Hands-on experience in Cost Center Accounting, Profit Center Accounting, Internal Orders, and cost allocation.Practical knowledge of production order costing, WIP, variance calculation, and settlement.Strong experience in SAP configuration and customization based on internal business requirements.Good understanding of FI integration with MM, PP, and SD.Experience in requirement gathering, functional solution design, testing, and production support.Ability to work directly with Finance, Costing, Plant, and Production stakeholders.Preferred Skills
Experience in SAP S/4HANA Finance and Controlling.Knowledge of Material Ledger and Actual Costing.Understanding of manufacturing processes, BOMs, routings, work centers, and production orders.Experience with COPA (Costing-Based or Account-Based Profitability Analysis, as applicable).Knowledge of cost center planning, budgeting, and management reporting.Experience in multi-plant or multi-location manufacturing environments.SAP FICO or S/4HANA Finance certification is an added advantage.Ideal Candidate Profile
The ideal candidate is a hands-on SAP FICO Consultant with strong CO configuration and customization expertise and practical exposure to manufacturing costing. The candidate should be capable of independently handling business requirements, configuring SAP solutions, troubleshooting product costing and production accounting issues, and collaborating with Finance, Costing, Production, and Technical teams to deliver effective business solutions.
Skills & Experience
SAP ERP