SAP FICO Finance Specialist

4 days ago

Karachi, Sindh, Pakistan IBL-Unisys Full time

Job Title: Senior SAP FICO Consultant

About IBL-Unisys:

We are a leading solutions and service provider in the field of technology, globally acclaimed and highly reliable.

Job Overview:

The Senior SAP FICO Consultant will support financial operations by leveraging SAP capabilities to streamline processes, improve forecasting and planning, 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.
Requirements:
  • 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.

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