SAP FICO Architect

SAP S/4HANA Cloud Public Edition | BFSI / NBFC |

Company Overview

Tech Orbit Solutions is a fast-growing SAP and Digital Transformation consulting organization focused on delivering business value through SAP-led transformation programs across multiple industries and geographies. We are building a world-class SAP consulting practice spanning GROW with SAP, RISE with SAP, Business Technology Platform (BTP), Digital Transformation, Cloud ERP, Application Management Services (AMS), and Business Consulting services.

- We are seeking a SAP FICO Architect with 12-15 years of experience, including deep BFSI/NBFC exposure, to own the end-to-end financial solution architecture for BFSI SAP S/4HANA Cloud Public Edition transformation. Working onsite with BFSI Finance, Treasury, Tax, Risk and IT leadership, the Architect will convert regulatory and business requirements into a scalable, compliant, clean-core design across General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, Controlling, Profitability, Treasury and Group Reporting, and will integrate SAP Finance with BFSI loan management, payments and data platforms.
- This is a hands-on architecture and leadership role. The Architect is the design authority for finance, accountable for solution integrity, fit-to-standard decisions, and quality of delivery, while mentoring functional consultants and acting as the trusted advisor to BFSI finance leadership.
- Key Responsibilities
- 1. Finance Solution Architecture & Design Authority
- Define the target-state finance architecture on SAP S/4HANA Cloud Public Edition, including enterprise structure (company codes, ledgers, profit centers, segments), Universal Journal design, and the boundary between SAP and surrounding systems.
- Lead fit-to-standard workshops aligned to SAP Activate; make and document design decisions on standard scope, in-app (key-user) extensibility, and side-by-side extensions on BTP, protecting the clean core.
- Own the finance solution blueprint, architecture decision records, and functional design documents; chair the finance design authority and manage cross-module dependencies (Finance, Procurement, HR, Treasury, Tax).
- Assess scope gaps against Public Cloud constraints early and recommend compliant alternatives, including partner solutions or BTP-based extensions.
- 2. NBFC Accounting & Lending Finance Architecture
- Architect the integration of the loan management / core lending platform with SAP GL, defining the accounting event model, summarized vs. detailed posting strategy, chart of accounts mapping, and reconciliation controls between the lending sub-ledger and SAP.
- Design accounting for the loan lifecycle: origination, disbursement, EMI and interest accrual, effective interest rate (EIR) accounting, fee and DSA/channel commission deferral and amortization, prepayment, foreclosure, restructuring, and write-off.
- Design Ind AS 109 treatment including asset classification and staging, expected credit loss (ECL) provisioning, NPA/Stage 3 income handling, and regulatory vs. Ind AS provision comparison; evaluate fit of SAP's financial products sub-ledger and ECL capabilities against BFSI existing models and confirm availability in the Public Cloud edition.
- Design accounting for co-lending, direct assignment and securitization, borrowings (term loans, NCDs, commercial paper, external commercial borrowings), derivatives and hedge accounting, and fixed deposit liabilities in coordination with Treasury.
- Design Ind AS 116 lease accounting and Ind AS 115 revenue treatment where applicable.
- 3. Statutory, Regulatory & Tax Compliance
- Design parallel ledgers and reporting for Ind AS, Companies Act (Schedule III, Division III) and RBI regulatory requirements, including audit trail and disclosure support.
- Architect India localization for GST (including input tax credit restrictions applicable to financial services, reverse charge, e-invoicing, GSTR reconciliation), TDS/TCS, and withholding tax on vendor and interest payments.
- Ensure the design supports RBI returns, internal financial controls (IFC/ICFR), segregation of duties, and statutory and internal audit requirements.
- 4. Controlling, Profitability & Management Reporting
- Design cost center,



internal order and allocation structures for branch, channel, product and shared-service cost visibility.
- Architect profitability analysis (margin analysis in Public Cloud) by product, segment, channel, geography and customer cohort, including funds transfer pricing, cost of funds allocation, credit cost and cost-to-income analytics.
- Define profit center and segment reporting design supporting business-line P&L; and balance sheet views.
- 5. Treasury, Cash, Payments & Bank Connectivity
- Design cash and liquidity management, bank account management, bank statement processing and automated bank reconciliation for very high statement volumes.
- Architect payment and collection integration (bank host-to-host, payment aggregators, NACH/e-mandate, UPI and virtual account based collections) and the corresponding posting and reconciliation flows.
- investments, hedging, and interest rate and liquidity exposure with regulatory ALM reporting needs.

6. Financial Close, Consolidation & Group Reporting

- Design a fast, controlled close using advanced financial closing capabilities, automated accruals and provisions, and a structured reconciliation framework.
- Architect intercompany processes and group consolidation (SAP Group Reporting) and its subsidiaries, including Ind AS consolidated financial statements.
- Design management and statutory reporting using embedded analytics, SAP Analytics Cloud and, where needed, integration with BFSI enterprise data platform.

7. Integration, Data Migration & Performance at Scale

- Define the integration architecture with SAP Integration Suite (BTP) and APIs, event and messaging platforms, covering volumes, error handling, idempotency, monitoring and reconciliation.
- Design data volume and performance strategy for the Universal Journal, including aggregation strategy, data retention and archiving.
- Lead finance data migration: opening balances, open items, assets, and master data governance (chart of accounts, customer, vendor, cost objects) with cutover and reconciliation strategy.

8. Testing, Cutover & Hypercare

- Define end-to-end test strategy including integration, volume, reconciliation, regression, UAT and parallel-run approaches, with traceability from regulatory requirement to test case.
- Lead finance cutover planning, mock runs, go-live readiness and hyper care, including the first period-end and statutory close on the new platform.

9. Leadership & Stakeholder Management

- Provide technical leadership and mentoring to FICO, tax, treasury and integration consultants; review deliverables for quality and design consistency.
- Engage BFSI CFO organization, Treasury, Tax, Risk, Internal Audit and statutory auditors; present architecture options and trade-offs to steering committees.
- Support pre-sales, solution assurance and reusable accelerator development for BFSI/NBFC finance transformations at Tech Orbit.

SAP Capability Map for BFSI Finance The Architect is expected to position and design with the following SAP capabilities, applying judgment on Public Cloud availability and fit for each.

SAP Capability

Application at BFSI

Universal Journal & Enhanced GL (ACDOCA)

Single source of truth for financial and management accounting; multiple ledgers for Ind AS and regulatory views

Financial products sub-ledger / ECL capabilities (fit to be confirmed)

Ind AS 109 classification, EIR, staging and impairment for the loan book

Accounts Payable & Receivable, Invoice Management

Vendor, DSA/channel partner and intercompany payables; non-loan receivables

Cash Management, Bank Account Management, Bank Communication

Liquidity forecasting, bank connectivity, high-volume statement processing and reconciliation

Treasury and Risk Management

Borrowings, investments, derivatives and hedge accounting

Asset Accounting & Lease Accounting

Branch and IT assets; Ind AS 116 lease accounting for premises





Margin Analysis, Profit Centers, Cost Accounting

Product, channel and segment profitability; FTP and cost allocation

Advanced Financial Closing

Close orchestration, task tracking, reconciliation and control evidence

Group Reporting & Intercompany

Consolidation across BFSI and subsidiaries under Ind AS

India localization: GST, TDS, e-invoicing (Document and Reporting Compliance)

Statutory tax compliance and reconciliation

SAP Analytics Cloud & embedded analytics

Management dashboards, regulatory and board reporting

SAP BTP: Integration Suite, extension suite

Integration with lending platform, banks and data platform; side-by-side extensions within clean-core principles

SAP Activate, Cloud ALM

Fit-to-standard, delivery governance, test and cutover management

Key Skills & Expertise

Core FICO & Architecture (Required)

- 12-15 years of SAP Finance experience, with at least 4 years in an architect or solution lead role on large programs.
- Delivered 3 full-cycle SAP S/4HANA implementations, including at least one on S/4HANA Cloud Public Edition (or GROW/RISE with SAP).
- Deep expertise in GL, AP, AR, Asset Accounting, Cost Accounting, Margin Analysis and Universal Journal design.
- Strong command of fit-to-standard, SAP Best Practices scope items, in-app extensibility, and clean-core principles.
- Proven experience designing integrations between SAP Finance and external sub-ledgers or core systems at high transaction volumes.

BFSI / NBFC Domain (Required)

- Strong knowledge of NBFC/lending accounting: EIR, fee amortization, Ind AS 109 staging and ECL, NPA recognition, write-offs, co-lending, securitization/assignment.
- Working knowledge of RBI regulatory framework for NBFCs, Schedule III Division III, Ind AS, Companies Act internal financial controls.
- Hands-on India localization: GST, TDS, e-invoicing, statutory reporting.

Preferred

- Experience with SAP Financial Products Subledger, Treasury and Risk Management, Group Reporting, Advanced Financial Closing, or SAP Bank Analyzer.
- Experience with SAP BTP Integration Suite, SAP Analytics Cloud, Central Finance or data platform integration.
- Prior exposure to a large Indian NBFC, bank, or financial services client; experience in a consulting delivery environment.
- Familiarity with agile and hybrid delivery, Cloud ALM, and automated testing tools.

Business Acumen & Leadership

- Excellent ability to translate regulatory and business requirements into scalable, compliant SAP designs and to explain trade-offs to CXO-level stakeholders.
- Proven experience leading finance workshops, design authorities and teams of 8 consultants.
- Strong written and verbal communication; comfortable presenting to steering committees and auditors.

Education & Certifications

- Bachelor's degree in Accounting, Finance, Commerce, Engineering, IT or a related discipline; MBA (Finance) preferred.
- SAP Certified Associate/Professional in S/4HANA Cloud Public Edition Financials (or equivalent FI/CO certification) preferred.
- SAP Activate certification strongly preferred.
- CA, CMA, CPA or ACCA qualification is a strong advantage.

Measures of Success

- Design signed off by BFSI Finance, Tax, Treasury, Risk and audit stakeholders with minimal rework, and within clean-core guidelines.
- Reconciliation between the lending platform and SAP at zero unexplained variance at go-live and at every period-end thereafter.
- Statutory and regulatory reporting delivered on schedule from the new platform, with a measurable reduction in close cycle time.
- Consultant team quality, on-time delivery of architecture deliverables, and high client satisfaction.

Mindset & Cultural Fit

- Ownership mindset with high attention to financial accuracy, control and regulatory integrity.
- Strategic and analytical thinker who balances standardization with the realities of a fast-moving lending business.
- Client-facing presence and credibility; cooperative with global and onsite teams.
- Adaptable to evolving RBI and accounting standard changes.

Employment Details

Item

Details

Employment Type

Full-Time, Permanent

Project Type

SAP S/4HANA Cloud Public Edition Implementation, BFSI / NBFC

Experience Required

12-15 years

Reporting To

SAP Practice Lead / Delivery Head

📌 SAP FICO Architect (Onsite:Pune)
🏢 TechOrbit Solutions Private
📍 Pune