SAP FICO Consultant

Company : Jade Global

Location : Bangalore / Pune / Hyderabad

Experience : 10+ Years

Interview Mode : Face-to-Face (F2F)

Job Description :

We are looking for an experienced SAP FICO Consultant with strong hands-on expertise in SAP FICO configuration and a comprehensive understanding of SAP Finance and Controlling processes. The ideal candidate should have in-depth knowledge of SAP FI, CO and Revenue Accounting and Reporting (RAR), along with practical experience in revenue recognition, financial accounting processes and SAP S/4HANA Finance.

The candidate should be capable of understanding business requirements, translating them into functional specifications, configuring SAP solutions and supporting implementation, testing and production activities. Strong expertise in SAP RAR, including IFRS 15 / ASC 606 revenue recognition, is an important requirement for this position.

Key Responsibilities and Technical Requirements :

1. SAP FICO Configuration :

- Demonstrate strong hands-on experience in SAP FICO configuration, preferably in SAP S/4HANA.

- Understand and work on SAP Finance and Controlling configurations to support business accounting requirements.

- Handle functional configuration activities across relevant SAP FI and CO modules.

- Understand end-to-end financial business processes and their relationship with SAP FICO configurations.

2. SAP FI and CO Modules :

- Possess strong functional expertise in SAP Financial Accounting (FI), covering General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR) and Asset Accounting (AA).

- Understand the configuration and functioning of these modules and their associated end-to-end business processes.

- Have knowledge of SAP Controlling (CO) and its integration with financial accounting activities.

- Understand how financial transactions and accounting processes are handled across SAP FI and CO modules.

3. SAP Revenue Accounting and Reporting (RAR) :

- Possess in-depth knowledge of SAP Revenue Accounting and Reporting (RAR).

- Understand revenue recognition principles and their application under IFRS 15 and ASC 606.

- Have hands-on experience configuring SAP RAR processes and supporting revenue accounting requirements.

- Understand how revenue recognition is managed through SAP RAR in accordance with the applicable accounting standards.

4. SAP RAR Configuration :

- Experience in configuring Performance Obligations (POBs) within SAP RAR.

- Hands-on understanding of BRF+ rules and their application in RAR configuration.

- Experience with revenue contract management and the associated configuration processes.

- Understand revenue postings and the accounting treatment of revenue-related transactions.

- Be able to work on RAR configuration requirements in line with business and revenue recognition processes.

5. SAP RAR Integration :

- Possess a strong understanding of integration between SAP RAR, SAP Sales and Distribution (SD), FI-General Ledger (FI-GL) and upstream billing systems.

- Understand how information and transactions flow between these systems.

- Have functional knowledge of the integration requirements connecting revenue accounting, sales, billing and financial accounting processes.

- Ensure that the integration requirements are understood while translating business needs into SAP functional solutions.

6. Record-to-Report and Financial Accounting :

- Have experience in Record-to-Report (R2R) processes and their associated financial accounting activities.

- Understand period-end closing activities and financial reconciliation processes.

- Work with financial reporting requirements and accounting information.

- Understand the activities involved in financial close processes and the importance of accurate and timely financial reporting.

7. Business Requirement Analysis and Functional Specifications :

- Understand business requirements and translate them into appropriate SAP functional solutions.

- Prepare functional specifications based on identified business requirements.

- Identify the relevant SAP configuration requirements to address business needs.

- Work towards aligning SAP configuration solutions with the required financial and accounting processes.

8. Testing, UAT and Production Support :

- Participate in integration testing to validate SAP functional configurations and integrated business processes.

- Support User Acceptance Testing (UAT) activities.

- Identify, analyze and resolve functional defects encountered during testing.

- Support defect resolution and ensure that identified issues are addressed.

- Provide production support for SAP functional processes and related configuration requirements.

9. SAP S/4HANA Finance :

- Possess knowledge of SAP S/4HANA Finance and its financial accounting capabilities.

- Understand the Universal Journal and its relevance to SAP financial data and accounting processes.

- Have knowledge of financial data migration activities within SAP S/4HANA Finance.

- Understand the financial data requirements associated with SAP S/4HANA implementations and migration activities.

10. Analytical and Stakeholder Management Skills :

- Demonstrate strong analytical and troubleshooting capabilities when addressing SAP functional and financial accounting issues.

- Understand business problems, analyze functional requirements and identify appropriate configuration solutions.

- Possess strong stakeholder management and communication skills.

- Collaborate effectively with cross-functional teams to understand requirements and support SAP functional activities.

Mandatory Skills and Experience :

- 10+ years of overall experience in SAP FICO.

- Strong hands-on experience in SAP FICO configuration, preferably in SAP S/4HANA.

- Expertise in SAP FI modules : GL, AP, AR and AA, along with SAP CO.

- In-depth knowledge of SAP Revenue Accounting and Reporting (RAR).

- Knowledge of revenue recognition under IFRS 15 / ASC 606.

- Hands-on SAP RAR configuration experience involving POBs, BRF+ rules, contract management and revenue postings.

- Understanding of integration between SAP RAR, SD, FI-GL and upstream billing systems.

- Experience in Record-to-Report (R2R), period-end closing, reconciliations and financial reporting.

- Ability to translate business requirements into functional specifications and SAP configuration solutions.

- Experience in integration testing, UAT, defect resolution and production support.

- Knowledge of SAP S/4HANA Finance, Universal Journal and financial data migration.

- Strong analytical, troubleshooting, stakeholder management and cross-functional collaboration skills.

Preferred Experience :

- Experience in SAP implementation projects.

- Experience in SAP enhancements.

- Experience working in global SAP support environments.

Interview Process : Face-to-Face (F2F).

Work Locations : Bangalore / Pune / Hyderabad.