SAP FICO Consultant

Job Title: Senior SAP FICO Consultant

Location: Remote

Contract: long term contract

Role Summary

As an SAP FI (Financial Accounting) Consultant, you will be responsible for implementing and optimizing financial business processes within the SAP FI module. You will work closely with stakeholders to ensure that financial operations are accurately reflected in the SAP system, and you will be instrumental in creating, validating, and improving financial scenarios. Your expertise will also contribute to the efficient handling of clearing, reconciliation, and month-end closing activities.

Key Responsibilities:

SAP FI Implementation and Configuration:

• Lead and manage the implementation of SAP FI module, ensuring alignment with business requirements.
• Configure SAP FI settings, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and Asset Accounting (AA).
• Customize the system to meet specific financial processes and reporting needs.

Business Process Design and Validation:

• Analyze and design financial business processes in collaboration with finance teams.
• Develop and implement validation scenarios to ensure data accuracy and process integrity.
• Create and maintain validation rules and workflows within SAP FI.

Clearing and Reconciliation Processes:

• Implement and optimize clearing processes for accounts receivable, accounts payable, and general ledger accounts.
• Develop reconciliation strategies to ensure the accuracy and completeness of financial data.
• Automate and streamline clearing and reconciliation processes where possible.

Month-End and Year-End Closing Activities:

• Coordinate and execute month-end and year-end closing activities within the SAP FI module.
• Ensure timely and accurate financial reporting and compliance with accounting standards.
• Address and resolve any issues that arise during the closing process, including adjusting entries.

Testing and Documentation:

• Perform testing to ensure that all configurations and customizations meet business requirements.
• Document SAP FI configurations, customizations, validation scenarios, and process flows.
• Provide training and support to end-users and other stakeholders.

Continuous Improvement and Support:

• Monitor system performance and recommend enhancements to improve efficiency and accuracy.
• Provide ongoing support to finance teams, addressing issues and optimizing processes as needed.
• Stay updated with SAP FI advancements and best practices to ensure the system evolves with business needs.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Information Technology, or a related field.
• Extensive experience with SAP FI module implementation, configuration, and support.
• Strong understanding of financial processes including GL, AP, AR, and AA.
• Experience with creating and managing validation scenarios, clearing processes, and reconciliations.
• Knowledge of month-end and year-end closing activities and financial reporting requirements.
• Excellent problem-solving skills and attention to detail.
• Strong communication skills, with the ability to work effectively with cross-functional teams.