SAP FICO (Financial Accounting and Controlling) is one of the core SAP ERP modules used to manage an organization's financial accounting, reporting, cost management, and profitability analysis. It combines two tightly integrated components: SAP FI (Financial Accounting) and SAP CO (Controlling).
Exp - 6 to 10 Years
SAP FI (Financial Accounting)
Responsible for external financial reporting and statutory accounting.
Key Areas:
- General Ledger (GL)
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Asset Accounting (AA)
- Bank Accounting
- Tax Accounting (GST, VAT, etc.)
- Financial Closing
- Financial Statements (Balance Sheet & P&L;)
SAP CO (Controlling)
Responsible for internal cost management and profitability analysis.
Key Areas:
- Cost Center Accounting (CCA)
- Profit Center Accounting (PCA)
- Internal Orders
- Product Costing (PC)
- Profitability Analysis (CO-PA)
- Budgeting and Planning
Integration with Other SAP Modules
SAP FICO integrates with:
- SAP MM (Materials Management)
- SAP SD (Sales & Distribution)
- SAP PP (Production Planning)
- SAP HCM
- SAP EWM
- SAP TM
This integration ensures financial postings happen automatically when business transactions occur across procurement, sales, manufacturing, and logistics.
Key Responsibilities of an SAP FICO Consultant
- Gather and analyze business requirements.
- Configure SAP FI and CO modules.
- Perform end-to-end implementation and support.
- Handle month-end and year-end financial closing.
- Prepare functional specifications.
- Coordinate with ABAP developers for custom developments.
- Execute testing (Unit Testing, SIT, UAT).
- Resolve production issues and provide user support.
- Work on SAP S/4HANA migration and finance transformation projects.
Preferred candidate profile
[email protected]
📌 Sap Fico Consultant (Bengaluru)
🏢 Magellanic Cloud
📍 Bengaluru