SAP FICO (Account Payables) Consultant

Posting title: SAP FICO (Account Payables) Consultant

Experience: 7+ Years

Location: Bangalore

Work mode: WFO

Primary skills: SAP FICO, Payable Accounts, P2P, S/4 Hana, Bank Payment File Configuration

Qualification: Any Engineering/ Computers degree

Roles & Responsibilities:

SAP Solution Design & Implementation:

• Design, develop, and deploy SAP solutions that align with business requirements and objectives.

• Work closely with stakeholders to understand business needs and translate them into SAP S/4 HANA system configurations and functionalities.

• Ensure the successful implementation and optimization of SAP S/4 HANA modules, particularly in Finance (Account Payables) and Procure to Pay (P2P) processes.

Procure to Pay (P2P) Configuration & Support:

• Lead and support the configuration of various P2P processes, such as Purchase Orders, Invoice & Accounting postings, Business Partner Maintenance, Payments, Bank Integrations, and Approval Workflows.

• Ensure that business processes related to procurement and payables are configured effectively and meet compliance requirements.

• Provide post-implementation support and troubleshooting for issues related to P2P workflows and integrations.

Expertise in F110 Payment Process:

• Act as the subject matter expert (SME) for the SAP F110 payment process, including configurations for automated payment runs.

• Manage and optimize Business Transaction Events (BTE), enhancements, and substitutions relevant to payment processes.

• Design and implement custom enhancements and substitutions to extend standard payment functionalities, ensuring seamless integration with the broader financial systems.

Payment File & Bank Integration (DME Configuration):

• Lead the configuration of Payment File (DME) formats and integrate them with banking systems for different payment methods (ACH, Wire, Check, SEPA, etc.).

• Ensure successful integration with various banks and payment platforms for seamless payment processing.

• Design and implement solutions for different payment scenarios, ensuring timely and accurate financial postings in the SAP system.

Knowledge of Payment Methods & Financial Postings:

• Expertise in configuring and supporting various global payment methods, ensuring compliance with regional banking regulations and company policies.

• Deep understanding of financial postings related to Accounts Payable (AP) processes, including how payments affect general ledger (GL) and subledger accounts.

• Manage reconciliation processes to ensure the integrity of financial data and transaction flows within the SAP environment.

Collaboration & Stakeholder Management:

• Collaborate with cross-functional teams (IT, Finance, Procurement, etc.) to ensure successful implementation and optimization of the SAP solution.

• Work closely with technical teams (developers, integrators) to manage and implement custom solutions when required.

• Provide clear communication and updates to business stakeholders, ensuring alignment on project timelines, objectives, and deliverables.

System Testing & Documentation:

• Lead system testing efforts (unit, integration, user acceptance testing) to validate that configurations meet business requirements.

• Document configuration changes, enhancements, and custom solutions in a clear and organized manner for future reference and training purposes.

• Provide end-user training and support for new functionalities and system processes, ensuring smooth adoption.

Required Skills :

• 7-10 years of overall SAP experience with a focus on SAP Finance and Procure to Pay (P2P) processes.

• Strong expertise in SAP S/4 HANA with at least 2 full lifecycle implementations in Accounts Payable and related financial modules.

• Deep knowledge and hands-on experience with the F110 payment process, BTEs, enhancements, and substitutions.

• Experience in configuring DME formats, bank integrations, and knowledge of various payment methods like ACH, Wire, Check, and SEPA.

• Strong understanding of financial postings related to AP processes.

Preferred:

• SAP certification in S/4 HANA Finance or relevant module.

• Experience with SAP Workflow configurations and approval management.

• Familiarity with Treasury, Cash Management, and Bank Communication Management (BCM) processes.

• Excellent communication and stakeholder management skills.