Sap Fico Consultant

The SAP FICO Consultant is responsible for managing the SAP financial accounting (FI) and controlling (CO) modules. This role involves working with cross-functional teams to implement, configure, and maintain SAP FICO solutions, ensuring they meet business requirements for financial management, reporting, and internal controls.

Key Responsibilities:

1. SAP FICO Module Implementation:
   • Gather business requirements and translate them into SAP configurations for the FI and CO modules.
   • Perform system configurations, including the setup of company codes, chart of accounts, and other essential financial structures in SAP.
   • Conduct system tests and troubleshoot issues during the implementation process.
2. End-User Training & Support:
   • Provide training and support to end-users on the SAP FICO system.
   • Act as a subject matter expert to assist users with system issues, and provide guidance on using SAP FICO features effectively.
3. Process Optimization:
   • Analyze business processes and propose solutions to enhance efficiency through SAP FICO.
   • Assist in automating financial processes and reporting, and ensuring alignment with business goals.
4. System Integration and Data Migration:
   • Ensure seamless integration of SAP FICO with other SAP modules (like SAP MM, SD) and third-party applications.
   • Oversee the data migration process from legacy systems to SAP, ensuring data integrity and correctness.
5. Financial Reporting:
   • Configure SAP to generate financial statements, balance sheets, profit and loss statements, and other financial reports.
   • Monitor and troubleshoot reporting issues, ensuring compliance with accounting standards and regulations.
6. Post-Implementation Support & Maintenance:
   • Provide ongoing support after implementation to resolve any issues related to SAP FICO.
   • Perform system updates and enhancements to keep the SAP FICO system aligned with evolving business needs.
7. Documentation:
   • Maintain thorough documentation of configuration settings, processes, and customizations.
   • Create user manuals, training materials, and standard operating procedures (SOPs).

Required Skills and Qualifications:

• Educational Background: Bachelor’s degree in Finance, Accounting, Computer Science, or a related field.
• SAP FICO Certification is highly desirable.
• Strong knowledge of accounting principles and financial management.
• Experience with SAP FI and CO module configurations.
• Good understanding of integration points with other SAP modules (e.g., MM, SD, HR).
• Experience with data migration and system integration.
• Ability to translate business requirements into SAP configurations.
• Strong analytical and problem-solving skills.
• Good communication and interpersonal skills for working with cross-functional teams.

Desired Experience:

• 2+ years of experience working with SAP FICO in an implementation or support role.
• Experience with end-to-end project lifecycle for SAP implementations.

Knowledge of international accounting standards (e.g., IFRS, GAAP