SAP FICO Consultant

3 weeks ago

Karachi, Sindh, Pakistan IBL-Unisys Full time

Job Title: SAP FICO Consultant

No of Position: 01

About IBL:

IBL-Unisys is a leading solutions and service provider in the field of technology. Globally acclaimed, highly reliable products with cutting-edge technology from the world's best-engineered companies and experts uniquely positioned to deliver comprehensive solutions to our customers.

Job Summary:

The SAP FICO Consultant will support financial operations by leveraging SAP capabilities to streamline processes, improve forecasting and planning, optimize product costing, and enhance Controlling Profitability Analysis (COPA) functionalities. The role also emphasizes managing the material ledger, ensuring structured master data, and enabling decision-making through accurate financial insights aligned with Searle Pharmaceuticals' business objectives.

Key Responsibilities:
  • Financial Planning and Forecasting:
    • Design and implement SAP solutions for effective financial forecasting and planning.
    • Collaborate with finance teams to configure budgeting and forecasting modules.
  • Product Costing:
    • Configure product costing scenarios, including cost component structure, overheads, and material costing.
    • Support variance analysis and periodic cost rollups to improve cost management.
  • Controlling (COPA):
    • Enhance COPA functionalities for profitability analysis by defining value fields, cost elements, and characteristic derivation.
    • Generate profitability reports to support strategic decision-making.
  • Asset Accounting:
    • Configure and manage asset accounting, including asset classes, depreciation areas, and fiscal year changes.
    • Implement practical solutions for fixed asset lifecycle management, such as acquisitions, transfers, retirements, and revaluations.
    • Ensure alignment with IFRS and local financial reporting standards for asset management.
    • Provide hands-on support in asset reporting, depreciation calculations, and integration with controlling processes.
  • Material Ledger Management:
    • Configure and maintain the material ledger for actual costing and inventory valuation.
    • Analyze costing runs and material price variances.
  • Master Data Governance:
    • Ensure accurate, consistent, and structured financial and controlling master data (e.g., cost centers, profit centers, GL accounts).
    • Define standards and processes for master data management.
  • Process Improvement:
    • Identify opportunities for automating financial processes.
    • Work closely with cross-functional teams to streamline SAP FICO operations.
  • Compliance and Reporting:
    • Ensure alignment with local and international financial reporting standards.
    • Provide support for audit processes and statutory compliance.
Qualifications and Skills:
  • Education: Bachelor's degree in Finance, Accounting, or related field (Master's or professional certifications like CPA, CMA, or ACCA preferred).
  • Experience: 3+ years of experience as an SAP FICO Consultant, preferably in the pharmaceutical or manufacturing industry.
  • Technical Expertise:
    • Strong knowledge of SAP FICO modules, COPA, and material ledger.
    • Experience with structured master data governance.
  • Soft Skills:
    • Excellent analytical and problem-solving skills.
    • Strong communication and stakeholder management abilities.
    • Ability to work in a fast-paced, collaborative environment.
Key Objectives:
  • Enable accurate and dynamic financial forecasting and planning.
  • Optimize product costing processes to ensure cost efficiency.
  • Leverage COPA for real-time profitability insights.
  • Maintain a robust material ledger for actual costing and compliance.
  • Standardize and govern structured master data for consistency and accuracy.
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Information Technology

Industries

IT Services and IT Consulting

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