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Sap Fico Consultant Resume

SUMMARY

  • Around 7 years of experience in implementing, configuring, integrating, testing, customizing, and providing user training and support in SAP Financial Accounting (FI) and Controlling (CO) modules.
  • Successfully implemented 2 Full life cycle projects - worked through the phases of requirement gathering, participated in all phases of ASAP Methodology, process analysis, GAP analysis, Business Blueprint, Realization, Go-live, post live support and End User Training.
  • Expertise in US GAAP, IFRS, SEC regulations and Sarbanes-Oxley Act, prepared and compiled financial statements of clients as per accounting policies and practices.
  • Functional expertise in design and configuration of SAP FI-CO - FI-GL (General Ledger), FI-AR (Accounts Receivable), FI-AP (Accounts Payable), FI-AA (Asset Accounting), FI-AM (Asset management), CO-CCA (Cost Center Accounting), CO-PCA (Profit Center Accounting).
  • Worked on special purpose ledgers, Parallel accounting, foreign currency valuation, segments, Internal Orders, Work/Maintenance orders, document splitting and zero balancing, Taxation and data mapping for leading and non-leading ledgers.
  • Experience in configuration of Automatic Payment Program (APP), Lockbox configuration, manual bank statement, Electronic Bank Statement (EBS), Bank Reconciliation, Automatic Payment Run (APP) and Dunning.
  • Experience in Record to Report (RTR), Order-to-Cash (OTC) of SD, Procure to Pay (PTP) of MM module, Investment Management (FI-IM) and Credit Management modules.
  • Hands-On Tax Calculations - VAT / Use Tax / Sales Tax / Forms 1099 Reporting / VAT Reports / ACH File Formats, etc.
  • Maintained Tax codes and Tax Jurisdiction Codes for Company Codes Operated by Vertex System.
  • Extensively worked on Trial balance, Balance Sheet (BS) and P&L reports.
  • Familiarized with all phases of SDLC, change management, problem management, Incident management & scope management.
  • Experienced in posting Validations and Substitutions, various interfaces (ALE, EDI), dealing with user-exits, debugging and generating various reports.
  • Hands-on experience in using Reporting tools like SAP Query, Report Painter/ Report Writer and Drill Down Reports which are used for analysis, performance.
  • Experienced in Data Conversions from legacy systems to Sap, System Integrations and imports of data to SAP from external system using LSMW, Batch Input Session techniques.
  • Expert in Business Process Procedures (BPP), Program analysis and in implementing various interfaces with SAP through IDOCS, RFC and Web services.
  • Experienced in testing scenarios such as Integration, Functional, User Acceptance Testing (UAT), Performance, End-To-End Testing and month-end, year-end closing procedures.
  • Possess strong technical, analytical skills combined with outstanding leadership ability, creative problem-solving skills in both strategic, tactical areas.
  • Developed user-training material on all Application Components of IHC, cash management module and trained Business users.

TECHNICAL SKILLS

General Ledger: Chart of Accounts, Account Groups, GL Master Records, Field Status Groups, Posting Keys, Automatic Account Determination, Sales/Use Tax, VAT, Account Display, Number Ranges, Document Types, Tolerance Groups and Segment Reporting, Recurring Documents, Sample Documents.

New GL: Document Splitting, Parallel Accounting, Parallel ledgers, Segment reporting.

Accounts Payable: Vendor Groups, Vendor Master Data, House Banks, Bank Accounts, Check Lots, Reason Codes, Automatic Payments, Recurring Entries, Invoices, Credit Memos, AP Information System, Integration with MM.

Accounts Receivable: Customer Groups, Customer Master Data, Billing, Payment Terms, Interest Calculation, Incoming Payments, Dunning, AR Information System, Account Systems, Credit Management, Dunning, Closing Operations, Sales Order and Integration with SD.

Cash Management and Bank Accounting: Inbound/outbound process House Banks, Manual & Electronic Bank Statement, Lockbox Processing, electronic funds transfer and Bank statement processing, Exchange Rates, and Translation Ratios, Bank reconciliation and Cash journal.

Investment Management: Investment Program, Program Positions

Asset Accounting: Configuring Asset Master Data, Asset Classes, Chart of Depreciation, Unplanned Depreciation, Depreciation Areas, Depreciation Posting, Acquisition and Retirement of Assets, Assets under Construction and Capitalization of Assets.

Cost Element/Cost Center Accounting: Configuring and customizing the Cost Elements, Costing Sheets, Reconciliation Ledgers, Standard Hierarchy, Cost Centers, Activity Types, Statistical Key Figures, Master Data Groups, Validations and Substitutions, Assessments, Distributions and Reposting, Allocation Cycle and Segment.

Profit Center Accounting: Configuring and customizing the Basic Settings, Maintaining Profit Center Hierarchy, Assignments, CO-Objects to Profit Centers, Distribution and Assessment of Costs, Planning and Development of Reports.

Internal Order: Create Internal Order, Order Type, Settlement and Disbursement of Cost through Assessment Cycle, maintain Settlement Rule, calculation of Accruals.

Project Systems and Investment Management: Investment Program Types, Status Profile, Status Authorizations, Coding Mask, Planning Profile, Budget Profile, Appropriation Request, Project Profile, Investment Profile, Settlement Profile.

PROFESSIONAL EXPERIENCE

Confidential

SAP FICO Consultant

Environment: S4 HANA 1503 &1909

Responsibilities:

  • Carried out AS-IS S business process analysis and documented current business process flow. Identified the requirements and modeled the TO-BE process.
  • Worked extensively on design and preparation of Functional specifications for various Reports, Interfaces, Conversions, Enhancements and Forms (RICEF's).
  • Prepared BBP (Business Blueprint) by coordinating with the project team members by collecting and understanding of the user requirements, filling up the business process to meet new business requirements.
  • Configured Withholding taxes, payment advices, foreign currency valuation, financial statement versions and cross company code transactions.
  • Responsible for RTR activities like configuring New GL accounting, creating Non leading ledgers, assigning Accounting Principle, maintaining appropriate Fiscal year variant, Posting period variant, Currency types and valuation areas.
  • Configured account determination for Foreign Currency revaluation, valuation methods and Valuation areas, assigned them to specific Accounting principles.
  • Created Extension ledger for CO reconciliation.
  • Configured Investment Management Program type, program positions, budgeting/planning, year-end close, appropriation request types, integration with project system (WBS)
  • Worked extensively on planning and budgeting of AR and projects. Configured investment management functionality to enable planning process at AR level. Using customized workflow to route plan values and then automatic creation of WBS from investment management. Involved with ABAP team for the development of customized report for AR amount and status.
  • Create Project Profile, Create Project Types for WBS Elements, Define Costing Variants, Maintain Budget Profiles, Create Number Ranges for Budgeting, Activate Project Management in Controlling Area Investment Management/Fixed Assets (R&D, Testing facilities/Infra- Structure viz. Simulators, new hardware model).
  • Worked on Project Budget Profile and uploading the budgets, Customized settings for availability control for WBS elements
  • Managed start/finish rules and executed Project scheduling; worked on Project Settlement profile and customized Result Analysis as input to Project Settlement
  • Worked on asset classes, depreciation areas, assigned company codes to depreciation areas, created screen layouts and number ranges, configured depreciation keys, parallel valuation of assets, depreciation run, periodic depreciation posting and error handling, involved in uploading of asset data using LSMW.
  • Maintained asset master data for asset acquisitions, retirements, inter-company transfers, settlement of AUC to assets and configured leased assets.
  • Simulated asset reports, asset history sheets and depreciation to provide desired reports to the local accounting team.
  • Managed financial information dealing with Assets, liabilities and capital. Prepared B/S, P&L statements and other reports to summarize and interpret current and projected company financial position for department managers.
  • Designed, configured, and implemented accounts payable (A/P), check printing, periodic Sales and Use tax reporting, and related month end financial reports.
  • Maintained profit center standard hierarchy, plan versions, planning layout, planning profile, periodic allocation functions involving assessment and distribution and defined account determination for internal goods movements.
  • Configured Dummy Profit Center for Statistical postings, Maintained Plan/Versions, Master data, Defined profit center hierarchy, provided support for Account Determination for internal goods movement and for production variances.
  • Created Internal Orders for different order types, Planning profile, Settlement Profile, Settlement Rules and month end settlements to various cost and profit centers.
  • Maintained number ranges for Settlement and controlling documents and for variance documents, defined posting rules for settlement to financial accounting with different G/L accounts.
  • Maintained segment level characteristics, characteristic groups, characteristic hierarchy, derivation rules, defined and assigned valuation strategy, value field analysis, maintained plan versions, assigned quantity fields and value fields, automatic account assignment, defined and executed assessment cycles.
  • Prepared functional specifications for conversions and interfaces, performed post go live trouble shooting in FI and CO and documented various business process flows and produced end user procedures.

Confidential - Greenville, SC

SAP RTR Consultant

Environment: ECC 6.0

Responsibilities:

  • Customized G/L Account Master Records, Chart of Accounts, Field Status Groups, House Banks, Bank Accounts, Posting Rules for Automatic Assignment.
  • Responsible for SAP Record to Report (RTR) support process, continuous improvement.
  • Handled generic mail box wherein I responded to the vendor issues through e-mails.
  • Worked on enhancement of banking interface for SAP Account Payable process.
  • Worked on table comparisons for major Accounts Receivable, Asset Accounting, Controlling, Project Systems General Ledger, Accounts Payable and customizing tables.
  • Configured settings for Company Code, Currency and Parallel Currency, Posting Period Variant, Assigned Document Number Ranges, and defined Tolerance Groups for Employees.
  • Worked on creation of Customer/Vendor Accounts Groups and Master Data and setting up credit limit for customers.
  • Configured reason codes for payment differences in Accounts Receivables, customized payment terms for cash discounts.
  • Configured settings for down payments in Accounts Payable and Accounts Receivables, also set up recurring entries.
  • Designed and developed SAP Lockbox process for Account Receivables using BAI2 format.
  • End to end system configuration of Electronic Bank Statement (EBS) process using MT940 format.
  • Coordinated on Fund Management budget revenues and expenditures for individual areas of responsibility, for controlling future funds transactions in accordance with the distributed budget, and to stop the budget being exceeded.
  • Involved and coordinated with offshore team to implement Statutory Repository requirements by European Union.
  • Customized G/L Account Master Records, Chart of Accounts, Field Status Groups, House Banks, Bank Accounts, Posting Rules for Automatic Assignment.
  • Configured balance Interest Calculation procedures, recurring documents and setting up workflow for certain document types.
  • Processed invoices by 3-way matching & 2-way matching, clearing vendor outstanding balances.
  • Handled generic mailbox wherein I responded to the vendor issues through e-mails.
  • Worked on enhancement of banking interface for SAP Account Payable process.

Confidential

SAP FICO Consultant

Environment: ECC 6.0

Responsibilities:

  • Responsible for treasury related parts of the project including GL for Cash Accounts, House banks and Bank Accounts, Automated Payment Processing for US (ACH, C), Positive Pay/Pay Match, Electronic Bank Statement (BAI & IDOC), Lockboxes (within and cross company code) BAI2 and IDOC and all related EDI 823 for lockbox and 821 interfaces.
  • Contributed functional spec to enhance post processing programs including RFPRQZLP and SAPF124.
  • Used EBS to update clearing accounts and bank accounts in cash management.
  • Configured partner profiles and IDOC for EDI 820 (PAYEXT) and 823 (FINSTA).
  • Revised Process and Configuration Design Documents, Managed end user course curriculum.
  • Worked with the Automatic Payment Program (APP) starting from the configuration through FBZP till the execution (parameters, proposals & payments).
  • Worked on Bank Communication Management (BCM) to facilitate the workflow approvals for the outgoing payments through different Payment Medium Workbench (PMW) for each region.
  • Experience in clearing and settlements, confirmations, functions across asset classes including equities, listed derivatives, OTC, fixed income and FX.
  • Managed and followed up OSS Messages with SAP for issues in standard functionality.
  • Handled issues relating to Automatic Payment run, withholding tax codes, Set up new Tax codes/VAT codes at Country level.
  • SLA Compliance and periodic performance reporting Customer communication management.

Confidential

SAP FICO Consultant

Environment: ECC 6.0

Responsibilities:

  • Worked on Enterprise structure including all the variants required.
  • Customized (client specific) New General Ledger Accounting to perform parallel accounting, Document splitting, allocation, distribution, planning, Accounts Receivables, Credit Controls, Credit memo and Dunning.
  • Configured house banks, bank accounts, GL structure, posting rules for automatic assignment and automatic payment program (APP) configuration.
  • In AP and MM worked on logistic invoice verifications (3-way match) and displayed various functionalities like background invoice verification and invoice reductions.
  • Involved in configuring Business Partners and Inter-Company transactions.
  • Configured Fixed Asset Accounting -Country specific settings, asset classes, defined depreciation areas and created custom defined depreciation keys for calculations.
  • Defined control parameters that are used by the Lock Box Processing Program, bank statement processing and exchange rates.
  • Managing foreign currency consolidation, reporting and hedging for US divisions to control risk.
  • Defined internal order, order types, planning and settlement profiles.
  • Worked on FI-SD account determination rule to accurately capture accounting requirement during Billing and PGI.
  • Maintained Tax codes and Tax Jurisdiction Codes for Company Codes Operated by Vertex System.
  • Involved in the review of internal controls, risk management, regulatory compliance and reporting functions.

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