SAP FICO
Financial Accounting (FI) and Controlling (CO), two essential components of the SAP ERP (Enterprise Resource Planning) system, are referred to as SAP FICO. These modules offer vital insights into financial performance while assisting firms in managing their internal costs and financial procedures.
SAP FI (Financial Accounting)
SAP FI is designed to handle financial accounting processes. Key features include:
- General Ledger (G/L): Manages all accounting data in a central ledger.
- Accounts Receivable (AR): Manages customer transactions and credit.
- Accounts Payable (AP): Handles vendor transactions and payments.
- Asset Accounting (AA): Manages fixed assets and their depreciation.
- Bank Accounting: Manages bank transactions and reconciliations.
SAP CO (Controlling)
SAP CO focuses on internal cost management and reporting. Key features include:
- Cost Elements: Categorizes costs and revenues.
- Cost Centers: Tracks expenses related to different departments or functions.
- Internal Orders: Monitors and controls specific projects or tasks.
- Profit Centers: Evaluates the performance of different business units.
SAP FICO and other SAP modules, such as Sales and Distribution (SD), Material Management (MM), and Production Planning (PP), are strongly connected, financial data is guaranteed to flow smoothly throughout various business processes.
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Exposure working in S/4 HANA platform is mandatory. A minimum experience 6-8 as an application programmer in ABAP with good working experience in Implementation & Enhancement projects.Having worked in Migration Program, Interface design/development and implementation.
Having worked in ALV Reports/Enhancements
Reviewing and understand the technical design document to ensure the development work is in compliance with the specifications.
Determining development time estimates.
Development of RICE items (Reports, interfaces, conversion, enhancement, Forms) with knowledge on flat file meachanism..
Using the IT development standards, develop custom ABAP reports, Smart forms, SAP Scripts, Workflow, enhance standard ABAP programs using User-Exits, BADI, enhancement point and other enhancement techniques.
Experience in Adobe Forms/DMEE is a must.
Experience in ODATA and CDS views are desirable.
SAP FICO Consultant required
B Com / MCom / MBA Finance with 6-8years of work experience
Notice Period: 30 days or less
Responsibilities of SAP FICO Consultant:
Must have commerce or finance education background
Strong Integration experience with other modules like SD and MM
Worked with IDOCs, Interfaces and Enhancements
As team member involved in blue print to end-user training and go-live
Involved in defining requirements, configuration, integration, testing and training
Involved in mapping of Enterprise Structure and basic settings, maintaining global settings
Configuration settings for APP and Dunning.
SAP FICO Functional Support
- Conceptualizing & Mapping of all Business Scenarios
- Functional support for all SAP FICO Modules including Product Costing
- Expertise in integration with all other SAP R3/ISU modules
- Understanding & knowledge of MDM
- Having expertise & understanding the migration activity
- SAP IS-U Developments
- Preparing Functional & Technical Specification Document
- Implementation/Execution of development logic
- Technical / Functional testing of IS-U FICO developments
- SAP Roles & Authorization
- Role creation according to requirement and assignment of Role to user.
We are seeking an experienced and talented FICO Lead Consultant with a proven track record in SAP FICO implementations, upgrades, and AMS support. As a FICO Lead Consultant, you will be responsible for leading the design, configuration, and support of SAP Financial Accounting (FI) and Controlling (CO) modules to meet our client’s business needs.
- Bachelor’s degree or Master’s in Commerce, Finance, Business Administration, Computer Science, Information Technology, MBA (Finance or equivalent) or a related field.
- Extensive knowledge of SAP Financial Accounting (FI) and Controlling (CO) modules, including configuration, customization, and integration with other SAP modules.
- Proven experience leading full-cycle SAP FICO implementation projects, from requirements gathering to post-implementation support.
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