SAP Specialist - Project Systems

Purpose

We are seeking an experienced SAP Project Systems (PS) Consultant to support, optimize, and enhance our SAP S/4HANA Project Systems (PS) module.

The ideal candidate will be responsible for end‑to‑end project lifecycle management in SAP PS, focusing on project structuring, revenue recognition, cost planning, budgeting, and settlements.

This role requires deep expertise in RA key setup, milestone billing, planned vs. actual cost tracking, and project financial reporting.

Responsibilities

• Configure and maintain WBS structures, networks, activities, and milestones in SAP PS.
• Define RA (Results Analysis) keys for revenue recognition based on POC (Percentage of Completion) and cost‑based accounting.
• Configure Project Cost Planning, Budgeting, Availability Control, and Settlement functionalities.
• Ensure seamless integration between SAP PS and FI/CO, P2P (Procurement), Plant Maintenance (PM), SD (Sales & Distribution), and EWM (Extended Warehouse Management).

Revenue Recognition & Cost Tracking

• Implement RA Key and Settlement Rules for accurate revenue recognition.
• Configure milestone‑based billing, revenue postings, and accrual calculations.
• Ensure planned vs. actual cost tracking for project execution.
• Define Settlement Rules (Cost Center, WBS, AUC, Final Asset, and Internal Orders).

Financial & Budgeting Expertise

• Configure Planned Cost Budgeting and Actual Cost Monitoring to control project financials.
• Ensure automatic budget allocations, tolerance limits, and cost element validations.
• Work with Finance teams to align SAP PS with IFRS‑compliant project accounting standards.

Reporting & Data Optimization

• Optimize CDS Views, SAP Analytics Cloud (SAC), and Fiori‑based PS reporting
• Improve project dashboards for budget consumption, forecasted cost, revenue tracking, and risk assessment.
• Enhance data validation and master data governance for PS objects.

Stakeholder Engagement & Process Improvement

• Collaborate with Finance, Procurement, and Business Operations to streamline project execution.
• Drive process improvements in RA key setup, cost control, and project forecasting.
• Ensure adherence to group‑wide SAP governance and best practices.
• Required Skills & Experience
• 7+ years of hands‑on experience in SAP Project Systems (PS) within S/4HANA.
• Expertise in RA Key (Results Analysis), revenue recognition (POC & cost‑based methods), and settlement processes.
• Strong understanding of Planned Cost, Budgeting, and Actual Cost Control in SAP PS.
• Deep knowledge of multi‑scenario project execution (ILI, CAPEX, R&D, Overhead)
• Experience in Project Structuring, WBS creation, Network planning, and Cost Object Mapping.
• Ability to integrate SAP PS with Finance (FI/CO), Logistics (EWM, P2P, PM etc) and Sales (SD).
• Knowledge of CDS Views, SAP Fiori, and SAP Analytics Cloud (SAC) for PS reporting.
• Strong stakeholder management and ability to drive business process improvements.
• Preferred Qualifications
• SAP PS certification (preferred but not mandatory).
• Experience with SAP Signavio for business process modeling, analysis, and optimization.
• Hands‑on exposure to SAP Cloud ALM for implementation tracking, test management, and project governance.
• Experience with multi‑country project accounting and SAP data governance.
• Industry experience in manufacturing, engineering, energy, or construction projects.
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