Sap Fico Consultant

KnowledgeJob Title

Location: Chennai/ Bangalore/ India

Roles and responsibilities

Business & Process Understanding

• Understand the end-to-end Source-to-Pay (S2P) and Record-to-Report (R2R) cycles.
• Analyse requirements for:
• Invoice posting & validation (from Spend Mgmt SAP).
• Tax handling, Withholding Tax, GST/VAT mapping.
• GR/IR clearing & reconciliation.
• Payment processing (SAP Banks status update in Spend Mgmt).
• Identify integration touchpoints between MM, AP, AR, and GL.

Solution Design & Integration Blueprint

• Define integration scenarios between SAP FICO and Spend Management System:
• Invoice capture (AP invoices from Spend Mgmt SAP).
• Payment status updates (SAP Spend Mgmt).
• Credit Notes / Debit Notes handling.
• Vendor master synchronization with finance-related fields (payment terms, reconciliation account, tax indicators).
• Design accounting entries and integration points with MM (3-way match: PO GR IR).
• Ensure correct mapping of Spend Mgmt tax codes SAP tax codes.

CPI developers

• Define mappings for invoices, payments, credit memos.
• Configure error handling and retry mechanisms.
• Validate payloads (JSON/XML) to ensure correct FI postings.

integration test cases

• Invoice received in Spend Mgmt correctly posted in SAP FI.
• Payment processed in SAP updated in Spend Mgmt.
• Reconciliation accounts and clearing accounts updated correctly.

end-to-end testing with MM

tax and foreign currency postings

Educational Qualification :

• Bachelors degree in computer science, Engineering, Finance, or related field
• SAP Certification (preferred)

Required Skills

• 3-6 years of SAP FICO experience
• Strong knowledge of SAP S/4HANA Finance (FICO) modules AP, AR, GL, Asset Accounting, and Bank Accounting.
• Hands-on experience in Accounts Payable (AP) processes: Invoice posting, credit/debit notes, GR/IR clearing, and payment runs.
• Expertise in tax handling (Withholding Tax, GST/VAT, Reverse Charge Mechanism, country-specific tax localization).
• Solid understanding of integration between MM and FI (3-way match: PO GR IR).
• Experience in payment methods, bank interfaces, and electronic bank statement (EBS) configuration.
• knowledge of foreign currency transactions and exchange rate handling.J