Sr Finance Manager Product Costing

Honeywell • Houston, TX • 1d ago

As a Sr Finance Manager Product Costing with deep expertise in SAP S/4HANA Product Costing, Material Ledger, and Margin Analysis, to drive real-time profitability insights, global standardization, and multimillion-dollar cost optimization initiatives.

You will report directly to our leadership team, and you'll work out of our Houston location on a hybrid work schedule.

In this role, you will impact the financial performance of the company by leveraging SAP S4HANA capabilities to deliver insightful financial analysis, develop cost control measures, and optimize revenue streams while ensuring compliance with financial policies and regulations.

KEY 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

YOU MUST HAVE

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

Ability to communicate complex financial information clearly and effectively

WE VALUE

Bachelor's degree in Finance, Accounting, MBA or a related field

Dynamic and self-motivated individuals

Strong teamwork and collaboration skills

Innovative and eager to learn mindset

Passion for continuous improvement and business growth In addition to a competitive salary, leading-edge work, and developing solutions side-by-side with dedicated experts in their fields, Honeywell employees are eligible for a comprehensive benefits package. This package includes employer subsidized Medical, Dental, Vision, and Life Insurance; Short-Term and Long-Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays. For more information visit: Benefits at Honeywell (https://benefits.honeywell.com/)

The application period for the job is estimated to be 40 days from the job posting date; however, this may be shortened or extended depending on business needs and the availability of qualified candidates.

Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments - powered by our Honeywell Forge software - that help make the world smarter, safer and more sustainable.

Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

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