SAP FICO Consultant

Key Responsibilities :

1. SAP FICO & Finance Transformation :

- Lead and support SAP FI/CO implementations, enhancements, and support activities.

- Configure and optimize modules including :

i. General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR)

ii. Asset Accounting

iii. Taxation (GST, TDS)

iv. Costing & Internal Orders.

- Collaborate with finance teams to improve :

i. Financial reporting

ii. Budgeting processes (CAPEX/OPEX)

iii. Vendor payment systems.

- Drive automation initiatives such as bank integrations and payment automation.

2. Business Analysis & Requirement Management :

- Conduct requirement gathering sessions with business stakeholders.

- Prepare documentation including :

i. BRD (Business Requirement Documents)

ii. FSD (Functional Specifications)

iii. Process flows (AS-IS / TO-BE).

- Perform gap analysis and propose effective solutions.

- Ensure smooth UAT execution and obtain business sign-offs.

3. Process Automation & Digital Initiatives :

- Identify opportunities for process optimization and automation.

- Lead initiatives such as :

i. Vendor payment automation

ii. Contract lifecycle management

iii. Workflow automation.

4. Stakeholder & Vendor Management :

- Act as a liaison between :

i. Business teams (Finance, HR, Legal)

ii. IT teams and external vendors.

- Manage vendor deliverables and ensure adherence to timelines.

- Communicate effectively with senior stakeholders.

5. Design & Configuration for Cost tracking :

- Map business requirements into the SAP CO module, specifically configuring Cost Element Accounting, Cost Center Accounting, Internal Orders, Product Costing (PC), and Profitability Analysis (CO-PA).

6. Financial Integration :

- Ensure seamless integration between the Controlling module and Financial Accounting (FI), as well as logistics modules (MM, PP, SD, ETM) to accurately capture costs and revenues.

7. Product Costing & Analysis :

- Develop and maintain product cost estimates, overhead allocation mechanisms, and variance analysis reports.

8. System Support & Troubleshooting :

- Troubleshoot and resolve day-to-day end-user issues, debug system errors, and conduct root-cause analysis.

9. System Design :

- Build and set up SAP S/4HANA CO tools like Universal Journal and Margin Analysis.

10. Data Migration :

- Help move financial data from older systems into SAP S/4HANA.

11. User Support :

- Train team members and fix system errors or data issues.

Required Abilities :

- 7-8 years of experience in SAP FICO.

- Strong knowledge of FI/CO modules and finance processes.

- Experience in SAP implementations and support projects.

- Good understanding of GST, TDS, and financial compliance.

- Strong analytical and problem-solving skills.

- Excellent stakeholder management and communication skills.

Desirable Candidate :

- Experience in finance transformation projects.

- Exposure to automation tools and digital initiatives.