SAP Financial Operations Specialist

1 week ago

Karachi, Sindh, Pakistan beBee Careers Full time

SAP FICO Consultant Job Summary

We are seeking a skilled SAP FICO consultant to support financial operations by leveraging SAP capabilities to streamline processes, improve forecasting and planning, optimize product costing, and enhance Controlling Profitability Analysis (COPA) functionalities.

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.

About This Role:

This is a mid-senior level position, working full-time in a collaborative environment. The role involves IT Services and IT Consulting.

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