Sap Fi/co Functional Consultant Resume
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North Chicago, IL
SUMMARY:
- Have 18 years as an Executive Accountant experience out of which 6 years of strong functional experience in implementing, customizing, developing, configuring, integrating, testing and production support in SAP financial accounting and controlling (FI/CO) modules.
- Two full life cycle implementations using ASAP methodology.
- General Ledger: Chart of accounts, account groups, GL master records, sample accounts, field status groups, posting keys, automatic account determination, intercompany automatic account posting, sales/use tax assignment, account display, number ranges, document types, tolerance groups.
- Accounts Payable: Vendor groups, vendor master data, house banks, bank accounts, reason codes, automatic payments, recurring entries, invoices, credit memos, closing procedures, AP information system, integration with MM, logistics invoice verification (LIV), Prepared and posted monthly journal entries.
- Accounts Receivable: Customer groups, customer master data, billing, payment terms and interest calculation, incoming payments, dunning, AR information system, account systems, credit management, closing operations, sales order, lockbox, and integration with SD.
- Contract AR and AP: Company codes for FI - CA, contract partners, contract accounts, number ranges, document type for check encashment, consistency check, clarification accounts, return reasons and integration with GL, SD, and cash management.
- Asset Accounting: Chart of depreciation, Depreciation areas, asset classes, setting up of master data, asset transactions, periodic processing, Information System.
- FI Enterprise Structure: Chart of accounts, fiscal year, posting period, company code, business areas, functional areas, sales and use tax.
- Internal Orders: Internal order configuration, order settlement configuration, PA settlement structure, order planning and budgeting.
- Cost Element/Cost Center Accounting: Configuring the basic settings, Cost planning, cost centers, cost center hierarchy, cost elements, statistical keys, activity type, assessment, distribution, reposting and integration with MM.
- Profit Center Accounting: Configuring and customizing the basic settings, maintaining profit center hierarchy, assignment of SD/MM/and CO-objects to profit centers, distribution and assessment, budgeting, planning and development of reports.
- Profitability Analysis: Operating concern, characteristics and value fields, costing-based and account-based profitability analysis, transfers from SD to CO-PA and profitability analysis transfer structures.
- LSMW: Legacy System Data Migration experience.
PROFESSIONAL EXPERIENCE:
Confidential,North Chicago, IL
SAP FI/CO Functional Consultant
Environment: SAP ECC 6.0
Responsibilities:- Conducted requirements gathering sessions with business users’ team.
- General Ledger: Configuration including Chart of accounts, country and group chart of accounts, company code, fiscal year variant, posting period variant, company code currency, group currency, currency exchange rate type, maintain TCURR table for maintain foreign currency rate, General Ledger master record, General Ledger account groups, field status group, define General Ledger account group screen layout, GL account group field status, assign number ranges to GL account group, define automatic account determination, line item layouts, special fields, posting default document type & posting key and fast entry enjoy screens.
- Define reconciliation account, sales and use tax assignment, tolerance group and financial statement version, FI-MM integration.
- Accounts Payable(AP): Configuration including general AP configuration, Logistic Invoice Verification(MIRO), payment program configuration, payment block using reason codes, Vendor master records, vendor account group, vendor group field status, vendor partner function, line item layout, assign number ranges to vendor account group, automatic clearing of invoices against payments, automatic clearing of GR/IR accounts, Bank master data, configuration of house banks and accounts, bank account of GL structuring, create check lots and check printing and remittance advice, create bank reconciliation file for check clearing, Set up the payment method for ACH and WIRE.
- Accounts Receivable (AR): Configuration including customer groups, customer master record, define customer account group screen layout, customer group filed status, line items layouts, assign number ranges to customer account group, payment term and interest calculation. Automatics dunning program, reason codes, default account assignments, overpayments & underpayments, cash discount, set up customer tolerance groups, set up credit control areas.
- FI-SD integration
- Configured Payment Program, House banks and Bank accounts, customized Dunning procedures, special GL transactions like Down Payment Made or Down Payment Received, Configured Automatic Payment Program.
- Configured tax types, Input tax code and Output tax code, tax rates, and tax accounts.
- Created Non-taxable codes, allocated company code to Non - taxable transactions, created number ranges for External tax documents.
- Fixed Assets Management (AA) including defining Assets Classes, defined depreciation areas for special depreciation, unplanned depreciation, configured the depreciation keys, special valuation of assets.
Confidential,North Chicago, IL
SAP FI/CO Functional Consultant.
Environment: SAP ECC 6.0
Responsibilities:- Customization settings for Asset Accounting such as Chart of depreciation, account determination, Depreciation areas, Number ranges, Asset classes, GL accounts etc.
- Defining processes for asset acquisitions such as through PO and GRN or direct purchases.
- Depreciation related settings-Such as configuring Depreciation keys for book as well as tax depreciation, Depreciation run, Retirement as well as scrapping of assets, year-end closing procedure and activities.
- Automatic Payment Program configuration: Company code data, Paying company code, Country payment methods, wire transfer settings, ACH payments, Dunning Notices.
- Designed, configured, and implemented accounts payable check printing, periodic Sales and Use tax reporting, and related month end financial reports.
- Foreign Currency Transactions, translation, Valuation, maintaining Exchange rates.
- Problem Solving with End users involved in, Collections, Adjustments, Credit management, closing, Payment run, Banking and Reporting.
- Designed, configured, and implemented accounts payable check printing, periodic Sales and Use tax reporting, and related month end financial reports.
- Configured SAP Payment Program, payment methods and IDOCS.
- Foreign Currency Transactions, translation, Valuation, maintaining Exchange rates.
- Worked on various Interface Enhancements including, Lockbox Interfaces, Interfaces for Electronic Payments, AR Integration and Maintenance, AP integration with legacy systems.
- Provided support and solved issues with End users involved in, Collections, Adjustments, Credit management, closing, and Payment run, Banking, Reporting and Cash Applications.
- Prepared month end close and setting up the master data for Allocations (Assessments and Distributions).
- Trained users on daily routines and month end processing.
- Defined the user roles and authorizations. Unit, Integration and User Acceptance testing.
- Post production support for the Go-Live systems.
Confidential,Chicago IL
SAP FI/CO Functional Consultant.
Environment: SAP ECC 6.0
Responsibilities:- Interviewed end users to understand the as-is system and identified gaps in the requirements.
- Configured the New GL, functional design for (Procure to Pay) P to P and Order to Cash (OTC) processes.
- Designed General Ledger functionality including company code settings, number ranges, chart of accounts, GL master data, field status group, fiscal year variant, posting period variant and special purpose ledger setup. Configured the complete organizational structure for FI, like creation of company codes, business areas, chart of accounts, General Ledger master data and GL account groups.
- Configured and customized Account Receivable and Accounts Payable modules for vendors subject to withholding tax, interest calculations on item balance interest calculation, foreign exchange calculations, Automatic Payment Program, Dunning program, Intercompany Transactions.
- Delivered End user training for new configuration and reporting to management and business groups.
- Unit Testing for General Ledger, Accounts Payable, Accounts Receivable, Cost Center Accounting, Profit Center Accounting, and COPA functionality, User Acceptance Testing for All Modules.
Confidential,Franklin Lakes, NJ
SAP FI/CO Functional Consultant
Environment: SAP ECC 6.0
Responsibilities:- Interacted with Client business users for requirements gathering and analysis.
- Interacted with the business analysts and end users to get the user requirements and Business process using ASAP methodology.
- Configured and Customized FI sub-modules Accounts Receivable and Accounts Payable.
- Interacted with Client to Update and Group Customer and Vendor Master Data to define Credit Control Areas and Dunning Areas.
- Designed and Configured the Vendor Master Data, Vendor Group, Vendor Field Status.
- Vendor and Customer Master Data and Risk Categories.
- Redefined and Configured Payment Methods, Payments Terms, House Bank, Bank Accounts for AP, AR - Dunning process, Lockbox, Interest calculation, and Credit Management.
- Clearing Inter-Company Vendor/Customer open items, Manually Processing Incoming Payments, Running/Editing Dunning proposals, Reconciliation Accounts in the GL.
- Configured Outgoing Payments, Open Item Clearing in Accounts Payable, and Cost Center Accounting Master data, Planning and Cost allocations in Cost Center Accounting.
- Configured the Automatic Payment Program for AP including Partial Payment Configuration, Check Management and Check Printing.
- Configured One-time Vendors/Customers with Separate Screen Layouts. Customer credit control areas and pre-defined credit limits for customers, maintained Risk categories and credit monitoring groups, discount overviews.
- Monitoring and helping end users involving support issues and initiating the implementation of solutions with SAP best practices of issues relating to GL/AR/AP/AA/CCA/PCA.
Confidential
SAP FI/CO End User
Environment: SAP ECC 6.0
Responsibilities:- Chart of accounts, account groups, field status groups, and posting keys, assigned these variants to company codes, created GL Master records, reconciliation accounts for sub-ledgers, document types, number ranges, invoices and payments, tolerance groups, automatic account assignments and financial statement version.
- House Banks and Automatic Payment program (APP). Involved in optimizing bank details for wire payments, check lots, void reason codes and clearing inter-company vendor/customer open items.
- Customer account groups, tolerance groups, performed credit management, account assignments, defined various payment terms for Accounts Receivables.
- Identified one-time Vendors and Customers and using a separate screen layout for them according to the requirement of the company.
- Created integrated asset acquisition and defined account assignment type for Asset Account, Account Assignment Objects for the Depreciation Areas.
- Using system to deduct a cash discount for payment of fixed asset invoice automatically and in real time, to the corresponding asset.
- Setting for revaluation of fixed assets, normal depreciation run and posting of asset acquisition.
Confidential
Executive Accountant
Responsibilities:- Prepared Daily Treasury file to AP invoices and balancing the daily wires to prepare daily and weekly cash reports and reconciliations w bank and Journal entries.
- Handled Bank Reconciliations, Credit card Reconciliations including travel and expense reports.
- Worked on the month end, Quarter end and year-end closing procedures. GL parking and posting entries of Bank, Credit card, and Payroll Liabilities using excel V Lookup and Pivot table.
- Prepared and transferred AUC to asset and provided Property tax file with daily AP invoicing and preparing check request for property tax payments.
- Prepared financial statements, this included P&L, trial balance and balance sheet
- Supporting the finance team in handling day to day production issues/bugs in Financial accounting module, Reviewed closing and reclassifying the entries for period end, Year End and closing with financial statements consolidation reporting and special project in timely manner.