SAP FICO Consultant's - What do you know about it?

SAP FICO Consultant’s Duties – What do you know about it?

SAP Finance and Controlling (FICO) consultant design, build and disseminate SAP-based company resource planning solutions (ERP). This professional responsibility includes understanding the business requirements of the organization, training end-users, and sorting out end-user daily questions. The qualification for the work includes the ability to multitask, knowledge of the process of the accounting business, and previous work experience in professional services or distribution companies. Personal attributes that become an SAP FICO consultant include respect and cultural awareness.

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An SAP FICO consultant works on an SAP implementation project. He configures SAP Financial and Management Accounting into the SAP ERP system of an organization and takes care of its functionalities.

This is what you might already know briefly.

However, the role of an SAP FICO consultant is not confined just to the configuration and implementation work. There are many other things involved in its whole profile.

Thus, here in this article, I have lowered the list of jobs conducted by SAP FICO consultants. You can see in detail almost all types of FICO consultant profiles and roles that you need to do into one.

I suggest you read this carefully to understand what your employer expects from you as an SAP FICO consultant.

The career of an SAP FICO Consultant

The career in SAP FICO is really interesting yet challenging. It involves ample growth opportunities and a well-structured hierarchy.

Job profiles throughout the SAP environment work in sync with work roles. So, if you try to become an efficient SAP consultant, you must understand that role. Next, you must learn all the skills needed to become a valuable resource for your company.

Non-Technical Duties of FICO Consultant

These consultants do not only do technical tasks but are not technical too. They not only configure the system with SAP ERP Financials. They also make them work efficiently and are used by users comfortably. Let's find out what is included here.

SAP FICO Consultant is the Customer’s Representative

A FICO consultant who is responsible for talking to customer representatives changes business requirements to be an abstract and algorithmic business model. He identified cases of use and turned them into a logical and technical view.

Makes Financial Documentation

The FICO consultant documents all financial settings and prepares the right guidelines that allow other consultants to make further changes.

He takes care of the User's Training

The FICO consultant takes care that the right training is given to the user and that the system can be used, exactly performing and the business flow is complete and correct.

SAP FICO consultant handles post-go-live functionality

After go-live, the FICO consultant guarantees that the procedures remain usable and consistent in a real-life situation and propose enhancements.

Technical Assistance

During go-live, he assists the technical staff by testing the behaviour of the system

SAP FICO Consultant’s Technical Responsibilities 

Apart from some non-technical duties, the main job of SAP FICO consultants is to do the technical work in SAP project implementation. Here is a relevant list of those sets of responsibilities.

Role of FICO Consultant at an End To End Implementation

The main duty of a consultant is to transfer external knowledge to clients. This is not labour taken into account but intelligence, understanding of the process, feelings of disability, and common sense.

Designing Business Process

Employers expect FICO consultants to produce knowledge about current business processes, design current business flows, studying current business processes and their complications, in all we can say through current business settings.

Documenting Configuration

You need to document all configurations according to the category in the form of a predetermined template. This is then, the team or project manager agreed.

Mapping and GAP Analysis

You need to do Mapping and GAP analysis for each module.

Before starting the configuration of future business processes in SAP. Preparation becomes, which can also be said as a result of mapping and gap analysis.

Sometimes functional consultants also prepare test scripts to test configuration scenarios.

User training

FICO consultants also prepare the End-User manual and user training.

The project usually starts with a kick-off meeting. Here the SAP FICO consultant officially defines the specified data. Like the size of the team, team members, reporting systems, responsibilities, duties, methodologies, dates and schedules, working hours etc.

Implementing the ASAP methodology

ASAP Methodology is the SAP standard implementation methodology, which SAP prescribes but is not mandatory for any company to follow, but recommended to follow the same.

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