SAP PS COSTING Consultant

Roles & Responsibilities

• Customize and configure the SAP PS module, focusing on costing-specific functions.
• Set up project profiles, project versions, cost elements, and planning profiles.
• Implement and manage various cost planning methods within SAP PS, such as Easy Cost Planning (ECP), unit costing, and detailed network costing.
• Define and manage project budgets, including allocation and availability control.
• Ensure accurate tracking of actual costs against planned budgets throughout the project lifecycle.
• Integrate with other modules to capture costs from purchase orders (MM), timesheets (CATS), and invoices (FI).
• Establish and maintain robust integration points with the Finance (FI) and Controlling (CO) modules.
• Configure and manage project settlement rules, including the process of settling costs to assets under construction (AUC), fixed assets, cost centers, or other controlling objects.
• Develop and manage standard and custom reports to monitor project performance, cost variance, and profitability.
• Perform variance analysis to identify and address deviations from the plan.
• Work closely with project managers, business analysts, and finance teams to gather requirements, design solutions, and provide expert guidance on best practices for project costing.
• Conduct end-user training and create comprehensive documentation.
• Provide ongoing support for troubleshooting and resolving SAP PS costing issues.
• Analyze current business processes and recommend SAP PS functionality and best practices to improve efficiency and financial control.

Job Summary

The SAP PS Costing Consultant is a key functional expert responsible for designing, configuring, and supporting the financial and controlling aspects of the SAP Project System module. This role ensures projects are effectively planned, budgeted, and monitored for costs and revenue, helping to achieve business goals and financial targets.

Qualifications And Skills

• Educational background: Bachelor's degree in a relevant field such as Information Technology, Business Administration, Finance, or Engineering.
• SAP experience: Extensive experience as an SAP PS Functional Consultant, with a strong focus on the financial and controlling aspects of the module. Proven experience in end-to-end SAP PS implementations, including blueprinting, configuration, testing, and go-live support.
• Techincal skills: Project structure: Expert knowledge of Project Structures (WBS), Networks, and Milestones. Cost planning methods: Proficiency with SAP's various cost planning methods, including manual planning, Easy Cost Planning (ECP), and network costing. Integration: Deep understanding of the integration points between PS, FI, CO, MM, and SD. Budgeting and availability control: Strong skills in budget management and configuration of availability control.
• Certifications: SAP PS certification is highly valued.
• Professional skills: Excellent problem-solving, analytical, and communication skills. Ability to work both independently and collaboratively within a team. Experience with S/4HANA is often preferred for modern roles.

Base Salary Range

$100,000 to $150,000 Per Annum

TCS Employee Benefits Summary

• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.