Senior Financial Operations Specialist

13 hours ago

Karachi, Sindh, Pakistan beBeeFinancial Full time
Financial Operations Expert

We are seeking a skilled Financial Operations Expert to support our financial processes by leveraging SAP capabilities.

The ideal candidate will have experience in designing and implementing SAP solutions for financial forecasting and planning, as well as configuring budgeting and forecasting modules.

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.
Requirements:
  • Bachelor's degree in Finance, Accounting, or related field.
  • 3+ years of experience as an SAP FICO Consultant, preferably in the pharmaceutical or manufacturing industry.
  • Strong knowledge of SAP FICO modules, COPA, and material ledger.
  • Experience with structured master data governance.
Working Conditions:

Mid-Senior level position available. Full-time employment. IT Services and IT Consulting industry.

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