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The Product Costing Consultant Expert is responsible for leading end-to-end product costing initiatives, ensuring accuracy in cost accounting, and driving strategic insights that improve margins and operational efficiency. This role combines deep expertise in cost accounting methodologies with strong ERP (SAP preferred) capabilities and cross-functional collaboration to influence business outcomes.
Job Responsibility
Lead product costing processes including standard cost development, cost roll-ups, and variance analysis
Configure and maintain ERP systems (SAP CO-PC preferred) to support accurate and scalable costing processes
Establish and implement cost accounting policies, procedures, and best practices
Conduct detailed cost analysis across materials, labor, overhead, and manufacturing variances
Support month-end and year-end close processes related to inventory valuation and cost of goods sold
Analyze and reconcile variances (price, usage, volume, efficiency) and provide actionable recommendations
Support transfer pricing and intercompany costing across multi-entity environments
Ensure compliance with accounting standards (US GAAP, IFRS) and internal controls
Partner with Operations, Supply Chain, and Manufacturing teams to identify cost drivers and optimization opportunities
Provide costing insights for product launches, transitions, and make-vs-buy decisions
Develop cost models, dashboards, and reporting tools to support planning and executive decision-making
Lead system implementations, upgrades, and enhancements related to costing functionality
Drive process standardization, automation, and continuous improvement initiatives
Train and mentor stakeholders on costing methodologies and systems
Requirements
Bachelor’s degree in Finance, Accounting, Business Administration, or related field
advanced degree preferred
8+ years of experience in product costing, cost accounting, or management accounting
Strong hands-on experience with ERP systems, preferably SAP CO (CO-PC Product Costing)
Proven experience in manufacturing or consumer goods environments with understanding of production cost flows
Expertise in standard costing, actual costing, and variance analysis
Experience supporting financial close, inventory valuation, and COGS calculations
Demonstrated success leading costing system implementations or enhancements
Knowledge of SAP S/4HANA and Material Ledger functionality preferred
Familiarity with BI tools such as Power BI, Tableau, or SAP Analytics Cloud