SAP FICO Consultant

Job Description

• Lead the design, configuration, and implementation of the SAP FI (Financial Accounting) and SAP CO (Controlling) modules.
• Configuration/design Chart of accounts, Hands on in General Ledger (G/L), Accounts Payable (AP), Accounts Receivable (AR), Asset Accounting (AA), and Bank Accounting (BA) within SAP FI.
• Configure Cost Center Accounting (CCA), Internal Orders (IO), Profit Center Accounting (PCA), Activity-Based Costing (ABC), and Product Costing (PC) within SAP CO.
• Implement and manage SAP integration points between SAP FI/CO and other modules like MM (Material Management), SD (Sales and Distribution), PP (Production Planning), and HR (Human Resources).
• Hands on Experience in to analyze and resolve any issues in end-to-end scenario of MTS, MTO & ETO.
• Hands on experience in configuration of Result Analysis key and analysis of RA along with WIP Variance and Settlement.
• Hands on experience in configuration of Completed Contract Method and Percentage of completion method.
• Must have deep Excel skills – Hlookup, Vlookup, Excel based analysis, good in number crunching , creating reports in Power BI.
• Financial Close and Reporting:
• Hands-on experience in resolving month-end, quarter-end, and year-end closing activities in SAP FICO, ensuring timely and accurate financial reporting.
• Design and implement financial reporting solutions (standard and custom) including Balance Sheet, Profit & Loss Statement, Cash Flow reports, Segment Reporting, and others.
• Implement consolidation processes and intercompany reconciliation procedures within SAP.
• Ensure compliance with both local and international financial accounting standards such as IFRS or GAAP.
• Project Management and Stakeholder Management:
• Lead and manage end-to-end SAP FICO implementation projects, including gathering requirements, blueprinting, solution design, testing, and Go‑Live support.
• Coordinate with cross-functional teams, including business users, SAP technical teams, and third-party consultants, to ensure the SAP FICO solution meets business requirements.
• Provide guidance to junior consultants and lead project teams in the design and implementation of FICO solutions.
• Collaborate with business teams to define project milestones, deliverables, and timelines, ensuring efficient resource allocation and project delivery.
• System Integration and Data Migration:
• Lead the integration of SAP FICO with external systems such as banks, third-party financial applications, and legacy systems.
• Oversee data migration activities for financial data from legac y systems into SAP, ensuring data accuracy and consistency across all modules.
• Conduct data reconciliation and validation to ensure seamless system integration and minimize post-Go-Live issues.
• Continuous Improvement and Optimization:
• Identify areas for improvement and propose optimizations in SAP FICO processes to increase efficiency, reduce costs, and ensure scalability.
• Provide post-Go‑Live support, ensuring the system operates smoothly and addressing any issues related to financial transactions, reporting, or configuration.
• Stay up to date with SAP FICO best practices, new SAP features, and the latest industry trends, and incorporate them into the existing system for continuous improvement.
• Documentation and Knowledge Transfer:
• Prepare comprehensive documentation for all configuration settings, business processes, and end-user procedures.
• Ensure the handover of knowledge and best practices to business users and junior consultants.
• Provide training to end-users on SAP FICO functionalities, ensuring smooth adoption and effective system usage.
• Financial Controlling and Budgeting:
• Configure and manage Internal Orders for controlling cost allocation and ensure alignment with business units' cost and profit centers.
• Implement and maintain Costing Sheets, Profitability Analysis (CO-PA), and Cost Center Accounting (CCA) for effective financial performance tracking.
• Support budgeting and forecasting processes, ensuring that financial data aligns with business projections.
• SAP FICO Enhancements and Support:
• Handle SAP FICO ticket resolution in production environments, addressing issues raised by business users.
• Troubleshoot…