The Role
Leads end-to-end SAP S/4HANA Controlling and Material Ledger implementations, including product costing, inventory valuation, actual costing, cost component splits, activity rates, overhead structures, and period-end costing runs. Integrates CO and Material Ledger processes with MM, PP, and FI/Universal Journal. Requires substantial SAP CO experience, multiple full lifecycle implementations or S/4HANA migrations, and expertise in variance analysis and multi-currency valuation.
Summary Generated by Built In
This is a remote position.
SAP CO consultant with 8-10 years of experience –
Required Qualifications
Experience: 5 to 8 years of total functional SAP CO experience with a heavy focus on Product Cost Controlling (CO-PC) and Material Ledger.
Project History: At least 2 full lifecycle SAP implementations or major S/4HANA migrations involving Material Ledger and standard/actual costing.
Technical Knowledge: Deep understanding of variance analysis (Purchase Price Variances, Production Variances) and S/4HANA architecture (ACDOCA).
Education: Bachelor’s or Master’s degree in Accounting, Finance, Information Systems, or a related discipline
Key Responsibilities
Implementation & Design: Lead end-to-end configuration of SAP S/4HANA Controlling (CO) and Material Ledger (ML), focusing on standard product costing, inventory valuation, and actual costing execution.
Costing Setup: Configure cost component splits, activity type rates, overhead structures, and standard cost estimates (CK11N/CK40N) for raw, semi-finished, and finished materials.
Material Ledger & Period-End: Manage mandatory S/4HANA Material Ledger activation, multi-currency valuation setup, and execution of periodic actual costing runs (CKMLCP) to calculate Periodic Unit Prices (PUP).
Cross-Module Integration: Align CO-ML processes seamlessly with Materials Management (MM), Production Planning (PP), and Financial Accounting (FI/Universal Journal).
Skills Required
- 5 to 8 years of total functional SAP CO experience
- Heavy focus on Product Cost Controlling and Material Ledger
- At least 2 full lifecycle SAP implementations or major S/4HANA migrations involving Material Ledger and standard or actual costing
- Deep understanding of Purchase Price Variances and Production Variances
- Deep understanding of S/4HANA architecture, including ACDOCA
- Bachelor's or Master's degree in Accounting, Finance, Information Systems, or a related discipline
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The Company
What We Do
Elfonze Technologies is a Bengaluru-based technology and engineering services company that helps organizations modernize enterprise operations. Its offerings include Oracle ERP and enterprise applications, cloud and DevOps services, digital transformation, product engineering, connected supply-chain solutions, AI platforms, cybersecurity, staff augmentation, and managed solutions. The company serves global clients through IT consulting, technology delivery, and specialized supply-chain expertise, emphasizing innovation, operational excellence, and business-process improvement.









