SAP FICO / FSCD/ FSPL

Position: Sr. SAP S/4 - SAP FICO / FSCD / FSPL/FS-SD

functional - Hybrid with 50% travel

Remote some Travel

Duration: 6 Months

10+ Years

Sr. SAP S/4 - SAP FICO - Finance SME / FSCD / FSPL& FS-SD - functional Consultants - Remote some travel

Client pays all travel expenses and it would be 1-2 weeks on site then remote 2-3 weeks.

Start Date: Immediate Start

Job Type: 3-6 Month Contract to hire

• Finance SME / FSCD/ FSPL & FS-SD - With Subledger and Insurance concepts. Also need Fintech / Interfaces and understanding of FSCD ( subledger for AR with GL posting) FI-GL& AR, Batch Process Management, S4/Hana on RISE and SAP Analytics Cloud ( SAP ) Conceptual knowledge

Working with Success Factors would be a plus. In addition, the individual would have client management skills contractual performance, financial /budgetary management, and client engagement, operational/ Service Management disciplines for running a delivery team,

SAP FICO Finance SME / FS-CD / FS-PL Functional Consultant

Role Overview

The SAP FICO Finance SME will lead the design, configuration, and implementation of financial processes within SAP S/4HANA (or ECC), with a strong focus on Financial Services Collections & Disbursements (FS-CD) and Financial Services Profit & Loss (FS-PL) modules.

This role will partner closely with business stakeholders in Finance, Accounting, and Insurance Operations to deliver end-to-end solutions that support collections, disbursements, premium postings, claims accounting, and policy-related financial reporting.

Key Responsibilities

• Solution Design & Blueprinting
  
  
  • Lead workshops to gather business requirements for Finance, FS-CD, and FS-PL processes.
    
  • Map business requirements to SAP best practices for insurance and financial services.
    
  • Design end-to-end process flows integrating FICO with FS-CD, FS-PL, and other SAP modules (FI-GL, FI-AR, FI-AP, CO-PA, CO-OM).
    
• Configuration & Development
  
  
  • Configure FS-CDfor collections, disbursements, payment processing, account determination, and correspondence management.
    
  • Configure FS-PLfor insurance portfolio financial postings, allocation rules, and reporting structures.
    
  • Set up integration between FS-CD and FI-GL, CO, and Insurance Contract Accounting (FS-ICM).
    
  • Define and maintain master data structures for business partners, contract accounts, and policy groups.
    
• Integration Management
  
  
  • Work with SAP technical teams to integrate FS-CD with external payment systems, banking interfaces, and claims/policy systems.
    
  • Support middleware configuration for inbound/outbound interfaces (IDocs, BAPIs, APIs).
    
• Testing & Quality Assurance
  
  
  • Prepare functional specifications and work with ABAP teams for enhancements, user exits, and custom reports.
    
  • Lead unit, integration, and UAT testing for FICO, FS-CD, FS-PL components.
    
  • Ensure compliance with IFRS, GAAP, Solvency II, and other applicable accounting standards.
    
• Support & Continuous Improvement
  
  
  • Provide post-go-live support and knowledge transfer to internal teams.
    
  • Identify process improvement opportunities in financial operations and insurance accounting.
    

Required Skills & Experience

• SAP Expertise
  
  
  • 8+ years in SAP FICO functional consulting, with at least 4 years in FS-CDand FS-PL.
    
  • Strong understanding of FI-GL, FI-AP, FI-AR, FI-AA, CO-PA, CO-OM.
    
  • Experience with S/4HANA Finance innovations (Universal Journal, ACDOCA).
    
  • Knowledge of Insurance Contract Accounting (FS-ICM)a plus.
    
• Business Knowledge
  
  
  • In-depth understanding of insurance industry finance processes, including premium billing, claims accounting, and commission payments.
    
  • Experience with collections, dunning, payment plans, and reconciliation processes.
    
• Technical & Integration Skills
  
  
  • Experience in configuring business partner master data in FS-CD.
    
  • Familiarity with integration between SAP and non-SAP systems (banking, CRM, policy admin systems).
    
  • Working knowledge of IDocs, ALE, and interface troubleshooting.
    
• Soft Skills
  
  
  • Strong business analysis and problem-solving skills.
    
  • Excellent stakeholder communication and workshop facilitation abilities.
    
  • Ability to work in Agile, Waterfall, or hybrid delivery models.
    

Preferred Qualifications

• SAP Certified Application Associate Financial Accounting with SAP S/4HANA.
  
• SAP FS-CD or FS-PL module certification.
  
• Previous experience in large-scale insurance or financial services SAP programs.
  

Typical Deliverables

• Business requirement documents (BRDs) & functional specifications (FS).
  
• SAP configuration documents & transport management.
  
• Test scripts, UAT sign-off, and defect logs.
  
• End-user training materials and standard operating procedures.
  
• Cutover plans and post-go-live support documentation.