Position Summary
We are looking for a dedicated SAP S/4HANA Finance Product Costing Specialist to take ownership of our product costing processes. In this role, you will be responsible for the implementation, maintenance, and continuous improvement of product costing solutions within the SAP S/4HANA Finance environment. You will collaborate with cross-functional teams to ensure accurate and efficient product costing, contributing to better decision-making and cost optimization.
Duties and Responsibilities
Under limited supervision, general direction, etc. and in accordance with all applicable government laws, regulations and ASP policies, procedures and guidelines, the duties and responsibilities of this position include:
· Design, configure, and maintain product costing processes in SAP S/4HANA Finance to ensure accurate and consistent cost calculations.
· Collaborate with business stakeholders, finance teams, and production teams to understand cost components, cost drivers, and factors affecting product costs.
· Perform cost simulations, cost estimates, and scenario analysis to support pricing decisions, budgeting, and cost reduction initiatives.
· Oversee and update cost component structures, including material costs, labor costs, overhead, and other relevant cost elements.
· Monitor and analyze cost variances and discrepancies, identifying root causes and recommending corrective actions.
· Ensure compliance with accounting standards and regulatory requirements in relation to product costing.
· Participate in SAP S/4HANA Finance implementation projects, contributing to the design and deployment of product costing solutions.
· Provide training and support to end-users and finance teams on product costing processes, best practices, and SAP S/4HANA functionality.
Qualifications
Bachelor's degree in Finance, Accounting, Business, or a related field. Advanced degree or professional certifications (e.g., CPA, CMA) are a plus.
Minimum of 7+ years’ experience with SAP Finance and Product Costing
Medical Device industry or medical field is a plus
Proven experience in SAP S/4HANA Finance and a strong understanding of Product Costing functionality within SAP.
Prior experience working in a manufacturing or production environment is highly desirable.
In-depth knowledge of cost accounting principles, methodologies, and best practices.
Strong analytical and problem-solving skills to identify cost drivers and opportunities for cost optimization.
Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
Self-motivated and capable of managing and prioritizing multiple tasks simultaneously.
Proficiency in data analysis tools and Microsoft Excel.
Ability to work effectively in a fast-paced and dynamic environment.
Experience with SAP S/4HANA.
Experience with SAP Firori.
Fortive Corporation Overview
Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.
We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.
At Fortive, we believe in growth. We’re honest about what’s working and what isn’t, and we never stop improving and innovating.
Fortive: For you, for us, for growth.
Ready to move your career forward? Find out more at careers.fortive.com (https://stgfortive.taleo.net/enterprise/careers.fortive.com) .
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