Sr Finance Manager Product Costing

Responsibilities

• Lead end-to-end S/4HANA Finance transformation for a global manufacturing company, enabling real-time margin visibility across multiple business units and revenue portfolios
• Direct cross-functional teams (Finance, Supply Chain, Commercial, IT) to design and deploy Product Costing + Margin Analysis architecture, reducing reporting latency and improving profitability visibility
• Own/manage global template design for costing and profitability, standardizing processes globally
• Product Costing (CO-PC + Material Ledger)
• Implement Material Ledger with Actual Costing, delivering multi-level variance transparency and improving cost accuracy
• Design and optimize standard costing models (CK11N, CK40N) incorporating BOM, routing, and overhead structures
• Lead cost component structure redesign, improving visibility into direct vs indirect cost drivers for executive decision-making
• Enable reduced production cost variances through enhanced variance analysis and root cause analytics
• Revenue & Margin Analysis (S/4HANA CO-PA)
• Lead migration from costing-based CO-PA to account-based Margin Analysis, enabling real-time profitability reporting in ACDOCA
• Designed profitability frameworks across product, customer, and channel dimensions, improving margin insights for pricing strategies
• Partner with leadership to identify margin leakage drivers, resulting in gross margin improvement
• Architect CO-PA derivation logic and value flows aligning revenue with cost-of-goods sold in real time
• Integration Excellence (End-to-End Value Chain)
• Orchestrate seamless integration between PP, MM, SD, and FI, ensuring accurate cost and revenue flow across the value chain
• Align pricing procedures (SD) with cost structures, enabling better contribution margin analysis
• Implemented event-based WIP and variance postings in S/4, improving financial close accuracy and reducing reconciliation issues
• Analytics & Decision Support
• Build executive dashboards using SAP Fiori and EDW enabling leadership to track gross margin, cost variances, and profitability drivers in real time
• Enabled self-service analytics for finance and operations teams, reducing manual reporting effort
• Business Impact & Strategic Initiatives
• Lead cost optimization reporting initiatives that optimize manufacturing costs through better costing insights
• Define transfer pricing and intercompany margin models, ensuring compliance while improving internal profitability transparency
• Governance & Controls
• Establish governance framework for standard costing, margin analysis, and periodic costing runs, ensuring audit compliance
• Improve FI-CO reconciliation accuracy through universal journal alignment (ACDOCA)
• Transformation & Change Management
• Deliver ECC → S/4 migration program, including Material Ledger activation and CO-PA transformation
• Champion fit-to-standard approach, reduce customization footprint by and accelerating implementation timelines
• Lead business adoption initiatives, to achieve user adoption of new margin and costing analytics tools

Qualifications

• Minimum of 6-8 years of experience in commercial finance, plant financials or related roles
• Strong expertise in SAP S4HANA financial modules, particularly in product costing and revenue margin
• Proven leadership and team management skills
• Excellent analytical and problem-solving abilities
• Proficiency in financial analysis, SAP FICO, CO-PA, CO-PC and S4HANA