SAP FICO with Product Costing

SAP FICO with Product Costing

We are seeking a highly skilled Senior SAP Finance & Controlling (FICO) Consultant with a deep expertise in Product Costing and hands-on experience in S/4HANA migration projects. The ideal candidate will play a key role in designing, configuring, and implementing SAP FICO solutions, particularly focusing on product costing, financial reporting, and controlling processes. You will collaborate closely with cross-functional teams and stakeholders to drive process improvements and ensure the successful migration to SAP S/4HANA.

The ideal candidate would help support and build the Interim state key financial processes in a complex environment during the Transition/migration from SAP ECC to SAP S/4HANA. Highly skilled in cross-module integrations involving SD (Sales & Distribution), MM (Materials Management), and PP (Production Planning) alongside strong knowledge of AR, AP, GL, Asset accounting, Tax (Direct & Indirect), and Consolidation. Should have significant experience in manufacturing industry-specific costing process. This role requires deep functional expertise and configuration ability to design and build business-critical processes through SAP FICO.

Experience on complex cross-system integrations, including FP&A systems like Snowflake, SAC or Adaptive (for planning and forecasting), SAP Revenue Accounting and Reporting (RAR), Vertex and other external systems such as Concur, Blackline, Bloomberg, and others.

Key Responsibilities:

• Assess current ECC system configurations, business processes, and financial data to develop migration strategies.
• Own data migration efforts, including data extraction, transformation, and loading (ETL) to ensure data accuracy and integrity.
• Analyze business requirements and provide functional expertise, guidance, and solutions aligned with SAP best practices in finance and controlling processes.
• Lead the design, configuration, and implementation of SAP FICO modules, with a particular focus on Product Costing (CO-PC) and Cost Object Controlling (CO-OM).
• Reconfigure or optimize FICO modules (AR, AP, GL, asset accounting, tax, etc.) to bridge the gap between ECC and S/4 environment.
• Work with technical teams to manage adaptations for Business Processes, reporting, workflows, and analytics in cross systems environment.
• Analyze and optimize financial processes during the migration to align with the new capabilities of S/4HANA.
• Support change management initiatives, ensuring minimal disruption during S/4HANA migration and go-live phases.
• Stay updated on the latest SAP technologies and trends, providing recommendations for continuous improvement in financial processes.
• Ensure seamless integration of FICO modules with other key modules such as SD (Sales & Distribution), MM (Materials Management), and PP (Production Planning).
• Collaborate with business process owners, IT teams, and external vendors to ensure seamless integration between finance, controlling, and other SAP modules (e.g., MM, SD, PP).
• Work closely with the data migration process teams for all financial and controlling data from ECC to S/4HANA.
• Drive and manage full-cycle SAP S/4HANA migration projects, from system conversion to new implementations.
• Identify and manage gaps, changes, and enhancements between ECC and S/4HANA functionalities
• Validate and reconcile migrated data to ensure accuracy and compliance with business requirements.
• Troubleshoot and resolve any issues arising from data migration or system inconsistencies.
• Work closely with business leaders, finance, and IT teams to gather requirements, define solutions, and manage expectations throughout the migration project.
• Develop and execute test cases for financial processes to validate system functionality in synchronization with ECC and S/4HANA.
• Document all configurations, process changes, and new functionalities to ensure alignment and future reference.
• Conduct workshops and training sessions to enhance user adoption and understanding of new systems and process

Skills:

• Ability to integrate and streamline multi-system landscapes. This role requires both deep technical and functional expertise.
• Expertise in SAP FICO modules (AR, AP, GL, tax, asset accounting, consolidation, FSCM Credit Management, Bank account Management) with deep integration knowledge of SD, MM, and PP.
• Advanced skills in manufacturing industry costing and controlling processes.
• Strong knowledge of S/4HANA functionalities, Universal Journal, New Asset Accounting, and FIORI.
• Excellent problem-solving skills and the ability to support complex, cross-functional processes.
• Strong communication skills and the ability to work with stakeholders at all levels.

Preferred:

• SAP certification in FICO and/or S/4HANA is highly desirable.
• Experience in global SAP implementations or rollouts, with complex multi-system interfaces.
• Knowledge of cloud-based and on-premises integration technologies (e.g., SAP Cloud Platform Integration, SAP Data Services, Migration Cockpit).

Qualifications:

• Education: Bachelor's degree in finance, Accounting, IT, or a related field. SAP FICO certification is preferred.
• Experience: Minimum 12 years of experience in SAP FICO with a strong focus on ECC to S/4HANA migrations.
• Strong knowledge of finance and accounting principles combined with deep SAP technical expertise.
• Familiarity with SAP Fiori and user experience improvements.
• Strong understanding of taxation and compliance within an SAP environment.