Senior Consultant – SAP FICO

Invenio Business Solutions

About Invenio

The largest independent global SAP solutions provider serving the public sector as well as offering specialist skills in media and entertainment. We bring deep expertise combined with advanced technologies to enable organizations to modernise so they can run at the speed of today’s business. We know how to navigate the extraordinary complexities of international businesses and public sector organizations, working with stakeholders to drive change and create agile organizations of tomorrow using the technologies of today. The company is entering a multi-year growth phase, with a clear ambition to scale its clients product offering, and expand market presence across the UK, Asia and the Middle East, and build organisational capability that accelerates value creation.

Role Information

Role Title: Senior Consultant – SAP FICO

Department: SAP

Location: India

Reporting To: Prashant Waghmare

Direct Reports: None

Employment Type: Contractor

Years of Experience: 6–8 years

Shifts: None

Role Purpose

The Senior Consultant – SAP FICO is an experienced and result-driven professional with strong configuration expertise and a deep understanding of financial processes. The role works on implementations, rollouts, and support projects, collaborating with business stakeholders to deliver effective SAP FICO solutions across Finance and Controlling. Experience in implementation of SAO public Cloud will be an added advantage.

Key Responsibilities (Outcome-Based)
Lead and execute SAP FICO configuration and customisation activities.
Handle incident management, enhancements, and change requests.
Work on end-to-end implementations, rollouts, or support engagements.
Manage master data setup and governance (GL, vendor, customer, asset).
Coordinate and support testing activities (Unit Testing, SIT, UAT).
Drive data migration, reconciliation, and validation processes.
Collaborate with ABAP/technical teams for custom developments and interfaces.
Work closely with business users to gather requirements and provide solutions.
Ensure system stability, compliance, and adherence to best practices.
Prepare and maintain functional documentation and training materials.
Support month-end and year-end closing activities.
Skills and Experience – Essential
Strong hands-on experience in SAP FICO (FI & CO modules).
In-depth knowledge of General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Asset Accounting, and Bank Accounting.
Good configuration experience in FI (New GL) and CO modules (Cost Center, Profit Center, CO-PA).
Experience in SAP ECC and S/4HANA environments.
Understanding of end-to-end business processes (P2P, O2C, R2R).
Exposure to implementation, rollout, or support projects.
Experience in data migration, LSMW, or migration tools.
Knowledge of integration with MM, SD, and other SAP modules.
Strong analytical, problem-solving, and debugging skills.
Experience in preparing functional specifications for developments (RICEF objects).
Good communication and stakeholder management skills.
Strong knowledge of SAP Country/Regional Localization and statutory compliance requirements.
Experience in implementing and supporting country-specific legal, tax, and regulatory requirements (e.g., GST, VAT, WHT, e-Invoicing, SAF-T, local statutory reporting).
Experience in SAP S/4HANA Public Cloud localization features and country-specific Best Practices.
Understanding of multi-country/global template deployments and localization rollouts.
Knowledge of local financial reporting requirements and integration with tax and compliance solutions.
Experience working with SAP Localization Hub, Document and Reporting Compliance (DRC), or other localization solutions is an advantage.
Strong expertise in SAP Bank Accounting, including Electronic Bank Statement (EBS), Bank Reconciliation Statement (BRS), House Banks, Bank Determination, Payment Methods, Payment Mediums, and Automatic Payment Program (F110).
Hands-on experience with Host-to-Host (H2H) bank integrations, secure bank connectivity, payment file transmission, bank statement processing, and middleware such as SAP Integration Suite, SAP CPI/PI/PO, and third-party banking gateways.
In-depth knowledge of bank statement formats (MT940, CAMT.053, BAI2), posting rules, account symbols, interpretation algorithms, and integration with Treasury and Cash Management.
Skills and Experience – Desirable
Experience with SAP S/4HANA Public Cloud localization.
Experience with SAP Document and Reporting Compliance (DRC).
Experience implementing localization for one or more countries (e.g., India, UAE, Saudi Arabia, UK, Europe, APAC).
Knowledge of GST, VAT, WHT, e-Invoicing, Digital Tax Reporting, SAF-T, Intrastat, EC Sales List, and other statutory reporting requirements.
Experience in global template rollouts involving multiple countries and localization activities.
Experience with SAP Multi-Bank Connectivity (MBC), SWIFT integration, Host-to-Host (H2H), and bank communication protocols (SFTP, HTTPS, API).
Experience with ISO 20022 XML payment formats, MT940, CAMT.053/054, BAI2, and other bank file formats.
Knowledge of SAP Bank Account Management (BAM), Cash Management, and Treasury integration.
Experience with SAP S/4HANA Public Cloud banking and payment processes.
Business Skills
Excellent oral and written communication skills, the ability to communicate with others clearly and concisely.
Understands business processes for focus areas or modules.
Ability to do research and perform detailed tasks.
Strong analytical skills.
Understands business functionality related to SAP module/application as well as can identify and understand touch points between modules.
Understands how to solve detailed SAP problems.
Understands and can explain best business practices, especially those that SAP enables.
Good understanding of country-specific financial regulations, taxation, and statutory reporting requirements across multiple geographies.
Ability to balance global SAP template standards with local statutory compliance requirements.
Consulting Skills
Aptitude for working in a team environment; problem-solving skills, creative thinking, communicating clearly and empathetically, strong time management, and ability to collaborate with all levels of staff.
Learn/understand consulting “soft” skills necessary on engagements, as well as with team collaborative initiatives.
Ability to interpret requirements and apply SAP best practices.
Strong presentation skills.
General Skills / Tasks
Understands client’s business and technical environment.
Assists the project team efforts in documenting the developing solutions for client situations.
Assists team effort in preparing and developing solution documentation for projects.
Learn to understand and adhere to project and organization guidelines with all administrative responsibilities in a timely and effective manner.
Keeps manager apprised of workload direction and concerns.
Learn to analyse and develop reliable solutions that produce efficient and effective outcomes.
Develop a deeper understanding of SAP methodologies, tools, standards, and techniques.
Assists with project documentation, and demonstrates effective organizational skills, with minimal supervision.
Provides project team and leaders with updates on the progress and difficulties encountered, and provides value-added insight and understanding, for future program development.
Demonstrate the ability to accomplish project assignments resulting in quality service.
Competencies (Role-Based‑– BCF – Individual Column)

Interpersonal

Persuading
Guiding Interactions
Peer Communication
Collaborating

Leadership

Continuous Improvement
Execution

Business Management

Customer Orientation
Managing Work

Personal Effectiveness

Applied Learning
Working Relationships
Internal
Consulting Team Members: Collaboration on solution design, configuration, testing, and delivery.
Practice Leads / Functional Leaders: Alignment with practice standards and delivery expectations.
Technical Teams (ABAP, Integration, Basis): Coordination on developments, interfaces, and system performance.
PMO / Operations / Finance: Support for project governance, compliance, and resource planning.
Senior Leadership: Updates on progress, risks, and delivery outcomes (as required).
External
Clients / Business Stakeholders: Requirement gathering, solution validation, issue resolution, and relationship management.
Vendors / Partners: Coordination for integrations, tools, or third-party systems.‑
Auditors / Regulatory Bodies (if applicable): Ensuring alignment with financial reporting and statutory compliance requirements.

Invenio is an Equal Opportunity Employer that does not discriminate based on actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances. Invenio’s management team is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities, access to facilities and programs and general treatment during employment.