BCT Consulting - SAP FICO Consultant

Description:

Job Title: SAP FICO

Location: Chennai/ Bangalore/ India

Roles and responsibilities:

Business & Process Understanding:

- Understand the end-to-end Source-to-Pay (S2P) and Record-to-Report (R2R) cycles.

Analyse requirements for:

- Invoice posting & validation (from Spend Mgmt SAP).

- Tax handling, Withholding Tax, GST/VAT mapping.

- GR/IR clearing & reconciliation.

- Payment processing (SAP Banks status update in Spend Mgmt).

- Identify integration touchpoints between MM, AP, AR, and GL.

Solution Design & Integration Blueprint:

- Define integration scenarios between SAP FICO and Spend Management System:

- Invoice capture (AP invoices from Spend Mgmt SAP).

- Payment status updates (SAP Spend Mgmt).

- Credit Notes / Debit Notes handling.

- Vendor master synchronization with finance-related fields (payment terms, reconciliation account, tax indicators).

- Design accounting entries and integration points with MM (3-way match: PO GR IR).

- Ensure correct mapping of Spend Mgmt tax codes SAP tax codes.

Work with CPI developers to:

- Define mappings for invoices, payments, credit memos.

- Configure error handling and retry mechanisms.

- Validate payloads (JSON/XML) to ensure correct FI postings.

- Prepare and execute integration test cases for FI postings:

- Invoice received in Spend Mgmt correctly posted in SAP FI.

- Payment processed in SAP updated in Spend Mgmt.

- Reconciliation accounts and clearing accounts updated correctly.

- Perform end-to-end testing with MM (P2P flow).

- Validate tax and foreign currency postings in integration scenarios.

Educational Qualification:

- Bachelors degree in computer science, Engineering, Finance, or related field

- SAP Certification (preferred)

Required Skills:

- 3-6 years of SAP FICO experience

- Strong knowledge of SAP S/4HANA Finance (FICO) modules AP, AR, GL, Asset Accounting, and Bank Accounting.

- Hands-on experience in Accounts Payable (AP) processes: Invoice posting, credit/debit notes, GR/IR clearing, and payment runs.

- Expertise in tax handling (Withholding Tax, GST/VAT, Reverse Charge Mechanism, country-specific tax localization).

- Solid understanding of integration between MM and FI (3-way match: PO GR IR).

- Experience in payment methods, bank interfaces, and electronic bank statement (EBS) configuration.

- Knowledge of foreign currency transactions and exchange rate handling.