SAP Financial Operations Specialist

2 days ago

Karachi, Sindh, Pakistan beBee Careers Full time

SAP FICO Consultant

  • Job Overview:

    The SAP FICO Consultant is responsible for implementing financial operations using SAP capabilities to streamline processes, improve forecasting and planning, optimize product costing, and enhance Controlling Profitability Analysis (COPA) functionalities.

  • About the Role:

    This role emphasizes managing the material ledger, ensuring structured master data, and enabling decision-making through accurate financial insights aligned with business objectives.

  • Main 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 international 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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