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Senior Sap Fico Asset Management Consultant Resume

Denver, CO

SUMMARY:

  • More than 15 years of corporate accounting and finance experience including over 7 years of SAP R/3 expertise with a strong focus on Financial Accounting and Controlling (FI/CO) modules with 3 Full Life Cycle Implementations including Business Process Re - engineering, Feasibility Analysis, Configuration and Testing with different SAP Versions 4.5B, 4.6C, 5.0 ECC, 6.0 ECC.
  • Prolific experience in customizing and configuring FI- General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, Bank Accounting, CO- Cost Element/Cost Center Accounting, Profit Center Accounting and Collection Management (FSCM).
  • CO experience includes Profitability Analysis and Production Costing
  • Strong understanding and experience in Integration of FI with SD, MM.
  • Implemented master data from legacy systems to SAP R/3 via LSMW and Batch Input Session.
  • Solid experience in creating House Banks for Lock Box Processing.
  • Hands on experience configuring Automatic Payment Program for vendor payments.
  • Rich experience in developing Functional Specifications for the technical team.
  • Experience in conducting Unit test, Integration test and User Acceptance test.
  • Assessed the business and application requirements, designed robust business processes, considering accepted industry best practices.
  • Prepared User Material on the processes and assisted in Developing End User Documentation for . Fluent in communication with colleagues, management and business unit(s) on requirements, problems, project status, risks, and adaptation issues, to integrate new tools into the Project Implementation Lifecycle.
  • Financial Accounting - Enterprise Structure FI-ES, General Ledger FI-GL, Accounts Receivable FI-AR, Account Payable FI-AP, Dunning, Substitution and Validation, Credit Management, Automatic Payment Program (APP), Special Purpose Ledger FI-SL.
  • Asset Accounting (FI-AA): Fixed Assets, Asset Class, Asset and Sub Asset Master Records, Asset Retirement, Transfer and Acquisition. US and Canadian specific settings i.e. Chart of Depreciation, Depreciation area (in sync with Canadian Depreciation Areas), Assignments to various FI components. Creation of Asset class in accordance to GAAP for legal reporting, Linking various other SAP objects to Assets, Asset and sub asset numbering intelligence, Accounts assignments, modification of Depreciation keys, Creation of depreciation run for scheduled depreciation run, Upload of existing Assets and there book value, Inter company asset transfers, Specific Report requirements, Assisting PS team for Capital based projects, Closing and various other book closing customizations.
  • Integration of FI/CO with Logistics modules (SD and MM).
  • Involved in two Full Life-Cycle implementation of SAP R/3 system using ASAP methodology including Business Process Reengineering, Feasibility Analysis, Configuration, Testing, and .
  • Worked on full upgrade projects up to ECC 6.0
  • Extensive experinece in Business Analysis, GAP Analysis, Requirement Gathering, and Solution Delivery.
  • Solid foundation in Accounting Concepts, Reporting Requirements (Including Sarbanes-Oxley), and Software Skills with strong understanding of Business Strategies and Processes.
  • Conducted for business and end users as well as to SAP consultants in SAP FI/CO
  • Good understanding with developers for drafting functional and technical specs
  • Maintain SAP work between USA and Offshore
  • 24/7 user support
  • Excellent communication, presentation and interpersonal skills a total team player. Self-starter with drive, initiative and a positive attitude. Able to meet very stringent deadlines and always deliver results, even under pressure.
  • Extensive working experience across various industries like Pharmaceutical, Oil, Gas and Energy, Entertainment, Banking and Finance, Manufacturing and Retailing

SKILL:

Financial Accounting: Enterprise structure, Company Code configuration, Chart of accounts, Fiscal year, Business areas, Functional areas, Tax on Sales and Purchase, Inter company transactions, Validation and Substitution and Open/Close Posting periods

General Ledger: Account groups, GL Master records, Sample accounts, Field status groups, Posting keys, Automatic account determination, Number ranges, Document types, Tolerance groups, Sample & Recurring Documents, Parking Document, Hold Document, Partial Payment, currency, reversal

New General Ledger: Activate and configure New GL, Integration with other application components like Assets accounting, FI-AP-AR, Controlling, Integration with profit Center Accounting functions, Documents Splitting.

Accounts Payable: Vendor Account Group, Vendor Master Data, Payment Program Configuration, House Bank, Check Lots, Reason Codes, Payment Methods, Recurring Entries, Invoices, Credit Memos, Down Payments, Integration with MM, Closing Procedures

Accounts Receivable: Customer Account Group, Customer Master Data, Credit management, Tolerance groups, Open item clearing, Dunning Procedure, terms of payment, outgoing invoices, incoming payments, Integration with SD and open item clearing

Asset Accounting: Master Data, Asset Classes, Chart of Depreciation, Depreciation Areas, Depreciation Keys, Account Determination, Asset Acquisition, Capitalization, Scrapping and Inter Company Asset Transfer

Collection Management (FSCM): Defined co. code, Collection Strategies, Profiles, Organization Structure, Collection Segment, Collection Groups, Collection Specialist, Assignment all concepts with each other, Defined and assigned number range to Business partner, Synchronization with customer master in AR module, Distribution of data from AR module, Creation of Work lists, Creation of Promise to pay, Integration with accounts receivable module and Creation of Variant for Background processing for automatic data transfer.

Treasury: Cash Management, Lock Box Processing, Manual and Automatic Bank Statement, Posting Rules, Mapping Bank Accounts to GL Accounts, Processing Incoming Checks

Cost Center Accounting: Cost Centers, Cost Center Hierarchy, Cost Elements, and Statistical Key Figures, Activity types, Assessments and Distributions

Internal Orders: Order types, Settlement Rules, IO planning, distribution cycles, cost collector configuration and cost element planning.

Profit Center Accounting: Configuration of the basic settings, Profit Center Hierarchy, Assignments, CO-objects to Profit Centers, Reports

Profitability Analysis: Operating Concern, Characteristics, Value fields, Derivation Rules and Structures, Valuation Strategies, Derivation Tables, Planning Versions, Layouts & Profiles, Drilldown Reports

Product Costing: Product Cost Planning, Basic Setting for Material Costing, Material Cost Estimate with Quantity Structure, Costing Variants, Valuation Variants, Cost Object Controlling, Product Cost by Order, Product Cost by Period, Product cost by Sales Order, Calculation of Work In Process and Variances, Bill of Materials, Routings, Settlement Structures, Integration with SD, MM, PP and COPA

Report Development: Report Painter, Drill - down Reporting and ABAP queries.

PROFESSIONAL EXPERIENCE:

Confidential, Denver, CO

Senior SAP FICO Asset Management Consultant

Responsibilities:

  • Interacted with Client to understand Asset Management configuration and user requirements.
  • Checked and tested user requirements fields with system configuration and carried out modifications.
  • Interacted with users to understand existing accounting system and procedures
  • Configured Asset financial statement version.
  • Configured asset sub numbers and group asset and Defined Organizational Structure required for Fixed Assets.
  • Configured chart of depreciation and depreciation areas to meet the US GAAP and Country Specific Statutory Requirement
  • Configured the system to post the Acquisitions and Scrapping.
  • Configured the system for creating, posting and settling an asset under construction.
  • Configured the system for closing procedures.
  • Configured the system for printing inventory lists and creating asset history sheets.
  • Worked on postings made for the asset (acquisitions, retirements, depreciation) to the Company code and business area.
  • Configured ADR Group Assets defined depreciation area, transaction type for retirement and created individual assets.
  • Configured Inter Company Asset Transfer fields and transaction type.
  • Prepared Functional Specs for User Exit Developments.
  • Prepared Work step procedure for various asset transactions and user exits.
  • Involved in Unit Testing of various asset transactions, user exits and asset reports with super users.
  • Involved in String Testing of various asset transactions, user exits and asset reports with super users.
  • Involved in Integrated Testing of various asset transactions, user exits and asset reports with super users.
  • Successfully completed capitalization of assets of through integration between Project Systems and Assets Accounting modules.
  • Configured Asset balance list and asset master record.
  • Configured the system in assigning asset to various CO objects and logistic organizational units.
  • Configured the system for maintaining Asset master record and Asset classes.
  • Developed specification changes to Asset Module to allow ABAP developers to program required changes.
  • Designed Special Purpose Ledger to meet the requirement of US GAAP Reporting and Country Specific Statutory Reporting for France, China, Singapore and so on.
  • In Special Purpose Ledger, Created Tables Group, Field Movement for SPL postings, Created Ledger for US GAAP Reporting and Statutory Reporting for different countries, Rollup Ledger and Rollup Field Movements, Created Sets.
  • Created Reports to meet the Business Requirement of US GAAP Reporting and Country Specific Statutory Reporting using Report Painter and Created Functional Specification and worked with Development team to create a Report through Report Writer.
  • Developed multiple User Exits to meet the business requirement of the client.
  • Defined Various Validation and Substitution rules to meet the business requirement.
  • Involved in Blue Print design of the Business Process by conducting meetings with business.
  • Involved in designing the Interfaces of various other systems to SAP System.
  • Data Conversion, Data Validation and Data Migration from Legacy Systems.
  • Extensively did the System testing in different system for Unit Testing, Integration testing and User Acceptance Testing.
  • Prepared BPP, System Design Documents (SDS), User Manuals, and Provided of the process to Super User and End User.

Confidential, Santa Clara, CA

SAP - Functional Analyst

Responsibilities:

  • Implementation of Metron Equipment Selling Business in SAP and Oracle Systems.
  • Analysis of Oracle System set up for Order Management, Purchasing, Sales activities.
  • Accounts Payables, Accounts Receivables and General Ledger.
  • Defined and configured new Business Areas for Metron equipment business.
  • Customized settings for Customer and Vendor master records, Line item processing of documents, displaying of Account Balances.
  • Utilized different type of custom Interface programs to transfer Purchase orders, Goods Receipts, Journal Entries and Sales invoices prepared in Oracle. Finding out and fixing the errors in mapping the fields in interface programs either from oracle side or SAP if the transaction could not be posted correctly in SAP. Verification and approval of final posting in SAP as per the requirements.
  • Prepared Various Test Matrix for testing purchase orders, Goods Receipts, Sales invoice and General ledger entries.
  • Analysis and approval of entries posted in SAP in different business scenarios.
  • Produced various data and reports for Unit Test Approvals by users.
  • Testing of end to end processes for purchases and sales in different scenarios.
  • Testing of Inter company transactions for purchases and sales.

Confidential, Tempe, AZ

SAP FI/CO-FSCM Functional Consultant

Responsibilities:

  • Configured the settings of Enterprise Structure. Defined Company Code, Business Areas, Functional Areas, Plants for logistics, Sales Organization, Purchase organization, assignment of company code to company, assignment of plant, sales organization and purchase organization to company code.
  • Configured Financial Global Settings such as Company code, Business Areas. Fiscal Year Variant, posting periods, document types, document number ranges, posting keys, field status variants. Tolerance group for employees, Tax on sales and purchases.
  • Activate New GL, made the general settings for the fiscal year, the posting periods, and the currencies, defined the standard fields and customer fields, Created Ledgers and Ledger Group. Configured integration with Profit Center Accounting. Document splitting configuration.
  • In General Ledger involved in Defining and Configuring GL Chart of Accounts, Account Groups. Assigning Chart of Accounts to Company Codes. Configuring Functional Areas and Business Areas based on Organizational Structure. Defining Retained earning a/c, Defining Templates for Configuring Recurring Entries in GL Postings.
  • Customized settings for Customer and Vendor master records, Line item processing of documents, displaying of Account Balances, Credit Management and Closing Operations.
  • Involved in Automatic account assignment for various AR & AP transactions like Bank charges, Overpayments, Underpayments, and Cash discount, Exchange Rate Difference.
  • Configuration of Credit Card settlement process in the integration with SD module.
  • Independently implemented Collection Management module (FSCM) in financial supply chain management which includes: Defined co. code, Collection Strategies, Profiles, Organization Structure, Collection Segment, Collection Groups, Collection Specialist, Assignment all concepts with each other, Defined and assigned number range to Business partner, Synchronization with customer master in AR module, Distribution of data from AR module, Creation of Work lists, Creation of Promise to pay, Integration with accounts receivable module and Creation of Variant for Background processing for automatic data transfer.
  • Configured and tested working of TAXWARE software for calculation of tax on sales and purchases.
  • Configured and Involved in Automatic procedures for Payment program and Check deposition.
  • Configured and created Correspondence Types related to communication with customers and vendors.
  • Configured accounting transactions for GL posting, AR/AP posting and Recurring entries.
  • Created Financial Statement Version by defining Balance Sheet and Profit and Loss Account.
  • Involved in the integration of FI/CO module with SD and MM modules.
  • Involved in the testing of different transactions in the Finance module in G/L posting, Payment processing, recurring entries, posting and deletion of Parked and Hold documents, Customer and Vendor transactions with MM and SD module.
  • Preparation of Functional Specifications for various reports developing by the technical team.
  • Explained and prepared To-Be documents on the basis of As Is analysis for all financial business processes.
  • Prepared user manual for all business processes in finance for user testing and final approval.

Confidential

SAP FI/CO Functional Consultant

Responsibilities:

  • Configured and customized the business areas, fiscal year variant, posting periods, document types, document number ranges, posting keys, field status variants
  • Configured and activate New GL Account, Defined leading and other ledgers, Configure general settings such as currencies for all ledgers, Integration with other components like assets accounting, controlling, Accounts payable and Receivables. Real Time integration of controlling with Financial Accounting. Defined and configured characteristics for Document splitting.
  • Configured for Vendor/Customer data in (FI-AR/AP) which included payment terms, dunning, and Special GL Account transaction.
  • Prepared the Documents for the processes like Month end, Payment Proposal run etc.
  • Configured Lockbox processing taking BAI2 format into account based on the requirement of the client.
  • Configured the third party software TAXWARE including define the Jurisdiction Code, Tax procedure.
  • Configuration of Travel related Expenses reimbursed to Employees and paid through A/P.
  • Copying the Employee Master data as a Vendor Master Data.
  • Performed unit testing and integration testing. Provided user on processes and assistance in developing user documents.
  • Analyzed the as-is system, did the Gap Analysis and designed the to-be system.
  • Creation and assignment of cost elements. creation of cost centers, standard hierarchy and groups, Activity types, Assessments and Distributions
  • Configuration of the basic settings, Dummy profit Center, Profit Center Hierarchy, Assignments, CO-objects to Profit Centers, Reports
  • Created Internal Orders, assigned the costs related to that internal order from different cost centers.
  • Product Costing: Configured basic setting for Material Costing, Defined Costing Variants, Valuation Variants, Quantity structure control. Configuration of Production Orders, Settlements, Calculation of Overheads, Work in Process, variances and settlement.
  • In Profitability Analysis (CO-PA) Configured the system for Costing-Based Profitability Analysis, created characteristics and value fields, used various derivation techniques like table lookups and derivation rules to determine values for characteristics, configured valuation using costing sheet.
  • Mapped SD condition types and FI account keys to the Profitability Analysis (CO-PA) value fields.
  • Configured PA transfer structure for flow of values from FI/MM to COPA

Confidential, NY

SAP FI/CO Functional Consultant

Responsibilities:

  • Involved in Conducting Interviews with users to gather requirements and understanding the workflow of the As-Is system. Analyzing workflow to design solutions and designing the To-Be solution.
  • Involved in conducting GAP Analysis, documenting the findings, assessing scope of studies and suggesting solutions through SAP for Implementation and Customization. Defining conversion strategies and User Acceptance Testing.
  • Involved in analyzing and reviewing all processes, user procedures, and system requirements.
  • Involved in refining Business Requirements, developing a List of Interfaces, Reports and Data Conversions. Suggesting the Development of New Standard Policies and Procedures and developing the System Administration and Operational Procedures.
  • In General Ledger involved in Defining and Configuring Chart of Accounts, Account Groups. Assigning Chart of Accounts to Company Codes. Configuring Functional Areas and Business Areas based on Organizational Structure. Defining Templates for Configuring Recurring Entries in GL Postings.
  • Involved in Defining Tolerance Groups, Number Ranges, Posting Keys, Document Types, Fiscal Year Variants, and Field Status Groups. Customizing the Screens for Document Entry, Document Reversals, Invoices and Payments. Defining Accounts, Sample Accounts and Account Assignment Models.
  • In AR/AP involved in Configuring Accounts Receivable (AR) and Sample Ledger Accounts. Defining House Banks, Bank Accounts and Reason Codes, Check Lots. Defining Customer/Vendor Account Groups and Creating Customer /Vendor Master Data. Configuring Automatic Payment Program for Outgoing Payments for Company Codes in Accounts Payable (AP). Configuring Incoming Payments, Billing, Credit Management and Dunning Programs.
  • In Asset Accounting, involved in Configuring and creating Asset Master Records, Chart of Depreciation and Customizing Screens for Asset Creation. Involved in defining Depreciation Keys, Calculation Methods and Depreciation Areas to the Assets Masters.
  • In CCA & COPA involved in Defining and Configuring Controlling Area. Assign the Company Code and Chart of Accounts to Controlling Area. Configuring Operating Concern with Characteristics and Value Fields. Configuring Cost Elements, Revenue Elements, Cost Center, Profit Center and Hierarchies. Designing and developing Analysis Reports of Products Profitability by Configuring Profitability Analysis. In CO-PA Report Profitability by Customer, Product, and Market. Creating P&L statements using CO-PA reporting tools.
  • Assigning Profit Center to the respective Cost Centers, Material Master, Production orders, fixed assets, and Sales Orders through Sales Order Substitutions in Profit Center Hierarchy and Transferred Revenue Accounts and Balance Sheet Accounts to Profit Centers in Profit Center Hierarchy.
  • Configured Product Cost Planning, costing Variants and its other controlling parameters. Configuration for Production Order settlement, Calculation of Work in Process (WIP), Variance and its settlement. Period end closing activities.
  • Involved in preparing Functional Specifications for the technical team.
  • Involved in uploading and migrating the Master records to SAP from Legacy using LSMW.
  • Involved in Project Management and in Generating Metrics for Senior Management for Progress Tracking Purposes. Documenting End User Manuals and Material. Conducting End User on GL, AA and TM modules.

Confidential, Dayton, OH

SAP FI/CO Functional Consultant

Responsibilities:

  • Configured General Ledger accounts that include Master records, Number Ranges, Posting Periods, Fiscal Year Variant, and Currencies.
  • Defined Parallel Currencies, Exchange Rate Types, Translation Ratios, and Exchange Rates as per the Client’s requirements.
  • Worked extensively in updating the Exchange Rates automatically and provided end-user on this automatic program.
  • Customized settings for Customer and Vendor master records, Line item processing of documents, displaying of Account Balances, Interest Calculation and Posting, Credit Management and Closing Operations.
  • Involved in Automatic account assignment for various AR & AP transactions like Bank charges, Overpayments, Underpayments, and Exchange Rate Difference.
  • Involved in Automatic procedures for Payment program and Dunning program.
  • Configured accounting transactions for GL posting, AR/AP posting and Recurring entries.
  • Created Financial Statement Version by defining Balance Sheet and Profit and Loss Account.
  • Involved in the Configuration of screens for Period end operations including Depreciation run, posting to General Ledger, and transfer of AR / AP balances.
  • Involved in the integration of FI/CO module with SD and MM modules.
  • Involved in the Configuration of Controlling areas, Company code assignment to Controlling Areas, creation and assigning of number ranges for Controlling Areas, and Version maintenance for controlling areas.
  • In Cost Element Accounting involved in the creation of Primary and Secondary Cost Elements, Cost Element Groups, Reconciliation Ledger, and Automatic Cost Element Creation.
  • In Profit Center Accounting involved in the configuration of Profit Center Hierarchy, Dummy Profit Center, Profit Centers, creation and assigning number ranges for Profit Centers, and Version maintenance for Profit Centers.
  • Involved in the Product Costing Configuration like planning of Material Costing, Overheads, Product Variances, Calculation and posting of Work in Process, Settlement of Production Orders.
  • Involved in the Configuration of Asset Classes, Depreciation areas, Depreciation keys, Asset master records, and Sale of assets.
  • Involved in the testing of different transactions in the Finance module in G/L posting, Payment processing, Recurring entries, posting and deletion of Parked and Hold documents, Customer and Vendor transactions.
  • Configured Year End Closing and Month End Closing Procedures for SAP FI module.
  • Close Interaction with the migration team during code move from Test Client to Production Client.

Confidential, Melville, NY

SAP FI/CO Functional Consultant

Responsibilities:

  • Involved in all phases of the Systems Development Life Cycle which include System Design, Analysis, Configuration, System Testing, Data Conversion, and Production Support in FI-GL, FI-AR, FI-AP, FI-AA, CO-CCA, CO-PCA, CO-CEA, CO-PC and CO-PA.
  • Involved in analyzing the existing system, gathering functional requirements through user workshops, gap analysis, and close the gaps by providing appropriate solutions.
  • Configured the settings of Enterprise Structure, Account Groups, Retained Earnings Accounts, Field Status Variant, Tolerance Groups, Multiple Currencies, and Posting Period Variant.
  • Involved in the Configuration of Interest Calculation Settings, Exchange Rate Calculations, House Bank, Payment Processing, Partial Payments, Hold, Park, and Recurring Documents.
  • In Accounts Receivables involved in the configuration of Customer Account Groups, Number Ranges, Tolerance Groups, Customer Master Data, Payment Terms, Incoming Payment Processing, Open Item Clearing, and Dunning Procedures.
  • In Accounts Payable configured Vendor Account Groups, Document Number Ranges, Invoice Posting, Manual and Automatic Payment Processing.
  • Involved in the copying of General Ledger accounts and Vendor Master Records using SAP delivered programs.
  • Worked on Special GL transactions like Bills of Exchange and Down Payments.
  • Prepared Configuration setting for Cross Company Code transactions, line item display, and open item processing for G/L, AR and AP.
  • Configured Check Lots, Void Reasons, and Payment Process Using Checks.
  • Involved in setting up Validations and Substitutes for FI applications.
  • Involved in the Configuration of Tax Calculation Procedures, Structure For Tax Jurisdiction Codes, Tax Jurisdiction Codes, and Tax Codes For Non -Taxable Transactions.
  • Involved in the configuration of Bank Master Data, House Banks and G/L Accounts in Different Currencies for Each Bank Account, and Created Reconciliation Accounts for Vendors and Customers.
  • Involved in the configuration of Payment Program for both Vendors and Customers.
  • In Cost Center Accounting created Cost Centers, Cost Center Groups, Planning of Cost Centers, Secondary Cost Elements, Creation and Execution of Assessment Cycle, and Budget for Cost Centers, Activity Types, and Statistical Key Figures.
  • Involved in the creation of Primary and Secondary Cost Elements, Cost Element Groups, and Maintained Cost Element Attributes.
  • Configured Basic settings for Material cost Estimate and actual costing in Product Costing, Defined costing Variant, costing keys, valuation Variant, Involved in Production order settlement, calculation of overheads, Variances and work in process.
  • In Profitability Analysis involved in creation of Operating Concern, Characteristic Group, Number Ranges for Actual Postings, Regions, and execution of Profitability Analysis Reports.
  • Worked on the configuration of Chart of Depreciation, Asset Classes, Depreciation Areas, Posting Keys, Sub Assets, and Depreciation Methods.
  • Configured account assignments for Asset Acquisitions, retirements and inter-company transfers.
  • Prepared the End User Documentation and the User Manual.
  • Provided Post-Go-Live support to users, helped users in solving their problems in live environment, and reconfigured settings wherever desired by users.
  • Involved in preparing and presenting User and also delivered to Consultants.

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