SAP Finance Control Consultant

Job Summary

The SAP FICO Consultant is responsible for designing, implementing, and supporting SAP Finance (FI) and Controlling (CO) modules to meet business requirements. The role involves working closely with Finance, Business Operations, and IT teams to drive system enhancements, optimize processes, and ensure accurate financial reporting within the SAP ERP environment.

Key Responsibilities

Functional Responsibilities

• Analyze business requirements and translate them into SAP FICO functional specifications.
• Configure SAP FI (GL, AP, AR, AA, Bank Accounting) and CO (Cost Center, Profit Center, Internal Orders, COPA).
• Lead or support SAP FICO implementations, upgrades, and enhancement projects.
• Integrate SAP FICO with other modules such as MM, SD, PP, HCM.
• Perform functional testing, integration testing, and UAT with business users.
• Troubleshoot issues and provide Level 2/3 support for FICO-related incidents.
• Maintain Master Data for FICO as needed (Chart of Accounts, Cost Elements, Cost Centers).
• Ensure SAP compliance with accounting standards such as IFRS, GAAP, and local statutory requirements.
• Develop functional documentation, training materials, and SOPs.
• Work with ABAP developers on RICEF objects (Reports, Interfaces, Conversions, Enhancements, Forms).

Technical Skills

• Strong knowledge of SAP FI submodules: General Ledger, AP, AR, Asset Accounting, Bank Accounting, Taxation.
• Strong knowledge of SAP CO submodules: Cost Center Accounting, Profit Center Accounting, Internal Orders, COPA, Product Costing (PC).
• Experience with SAP Revenue Recognition processes including:
• Percentage of Completion (POC) methods for long‑term projects
• SAP RAR (Revenue Accounting & Reporting) including contract management, performance obligations, and IFRS 15 compliance
• Strong understanding of integration points with:
• PS (Project Systems) for project budgeting, settlements, and POC revenue
• PC (Product Costing) for cost rollups, cost estimates, and profitability
• CS (Customer Service) for service orders, service billing, and revenue flows
• Familiarity with integration to MM (procure-to-pay), SD (order-to-cash), and PP (manufacturing processes).
• Understanding of financial closing processes, budgeting, and cost control flows.
• Hands-on experience with SAP S/4HANA Finance is an advantage (Universal Ledger, New Asset Accounting, margin analysis).

Qualifications

• Bachelor’s degree in finance, Accounting, Information Systems, Computer Science, or related field.
• Professional certifications (SAP FI, SAP CO, CPA, CMA) preferred.

Minimum 3–7 years of experience in SAP FICO (depending on the role level).