Phani Varma

Email: acr6q5@r.postjobfree.com Mobile: 408-***-****

Distinguish oneself as Business Analyst who can contribute in an individual capacity and as well can lead a team. With 12+ years of experience in IT serving the mission-critical function of understanding specific business needs assessing the impact of those changes, capturing, analyzing and documenting requirements. Have unique blend of business acumen with strong technical abilities, thereby helping different functional teams work together seamlessly.

SUMMARY

Over 10 years Professional experience with Business Users Interaction, Requirement Gatherings, Configurations, Development, Testing and End User Training with SAP ERP, Accounting, and Technical Support.

About 10 years in SAP Finance and Controlling with 2 full life-cycle Implementations of Business Consulting & Functional Analysis of SAP FI/CO Module in SAP Project as per ASAP methodology

Possess excellent internal, communication and organizational skills with proven abilities to handle multiple tasks, Team Management, Customer relationship Management and planning with strict adherence to time schedules.

Implementation experience in General Ledger (GL), Account Receivable (AR), Account Payable (AP), Asset Accounting (AA), Special purpose Ledger, Controlling Areas, Cost Center Accounting (CCA), and Profit Center Accounting (PCA).

Completed two full life cycle implementations activities.

Experience covers all stages of SAP FI/CO activities from Fit Gap analysis, Develop,

Creation of business blueprints, Configuration, Realization, Unit Testing, Integration Testing, Learning training, Go Live support, Control Start, Support production.

Experienced in Enhancements, Testing & Production Support/ user issues, super-users and End user training and documentation.

Extensive exposure in writing functional specifications including interfaces

Closely coordinated with the business counterparts in identifying the RICEF's.

Strong knowledge of business processes with strong foundation in Financial Accounting Managerial Accounting and Cost Accounting concepts.

Provided end user support for all issues pertaining to Finance and Controlling modules & Worked closely with Business Leaders to consult and influence direction of business process.

User Training on the processes and assistance in developing End User Document.

Experienced in User Acceptance Testing and Integration testing of Legacy System Interfaces with SAP functionality.

Excellent project execution track record with good leadership, strong communication and analytical skills.

EDUCATION:

Master of Business Administration (Finance)

ISTQB(ISEB) Certified

Technical Skills:

SAP ERP Application: ECC 6.0, ECC 5.0, SAP R/3 Version: 4.6C, 4.6B, 4.7, ECC 6.0, SCM/APO, SAP ERP - Finance and Controlling, Project Systems

Accounts packages: Invoice Management, Microsoft Dynamics, and Sage Line50

Tools: GMS, DQMS, CARMS, Voyager, MS Word, MS Excel, MS PowerPoint

PROFFESIONAL EXPERIENCE:

Client: Accenture (Publicis Groupe)- New York

Duration: December 2014 – Till Date

Role: Senior Business Analyst

Responsibilities

As a core member for full cycle implementation of SAP FI/CO module, gathered business process information and compiled the AS-IS, TO-BE and GAP analysis of the SAP R/3 system. Performed assessment of business requirements, mapping with SAP functionality.

Configured FI New GL, AP/AR & Banking - Document Splitting, Segment Reporting, Special purpose ledger, Doc types & posting keys, analysis of all open items and clearing of goods receipt/invoice receipt (GR/IR) accounts. Designed Account groups and Configured Payment program for check printing and Wire Transfer payments. Configured tax codes for vendor invoices. Worked on Vendor Master, Vendor invoices Payment methods (ACH/Wire Transfer, Check and Credit Card) and reporting, Customer Master, and Default account assignments for Overpayments/Underpayments.

In Asset Accounting (FA), assisted in creating Fixed Assets, Group Assets, Assets Class, Post Periodic Assets, and Asset Acquisitions. Maintained Depreciations, Chart of Depreciation, Depreciation Area, Fiscal Year Variant, Number range, and Substitution Rules in the Fixed Asset Master records and reviewed various Fixed Assets Accounts.

Integration of parallel accounting concept during configuration for Fixed Asets Module, General Ledger, re-grouping and currency valuation processes for each period-end.

Responsible of delivering integrated solution for service process with R/3 and CRM system.

Configured relevant settings for Lockbox processing and Outgoing Payments. Resolved issues during Unit, Functional, Integration and Regression testing of business scenarios and test conditions.

Defined Profit Center and Cost Center hierarchies. Created reports using Report Painter and Report Writer in CCA and PCA.

Created an Electronic Bank Statement Posting Rules. Created Lockbox in House banks.

Coordinated the integration efforts of FI/CO with SD, MM, based on functional requirements, automatic account assignment, maintaining the revenue account determinations & revenue recognition which is useful in integrating AR-SD.

Involved in Maintaining Default Account Assignments, Validations and Substitutions rules, Overhead Structure for Accrual Costs, Planning Layout and Profiles.

Designed, developed and tested data conversion programs to load, GL uploads, Account Payables and Customer Open Account Receivables data into SAP using LSMW and BDC.

Identified the RICEFs related to the processes above and create the RICEF (reports, interfaces, conversions, enhancements and forms) functional designs.

Conducted User testing after the implementation and supported the client in post launch Session and also involved in providing training to end-users.

Client: U TC Aero Space Systems, Charlotte

Duration: September 2013 – October 2014

Role: Business Analyst

Responsibilities

Analyzed workflow to design solutions and designed the To-Be solution.

Conducted GAP analysis, documented the findings, assessed scope of studies and suggested solutions through SAP for implementation and customizations.

Analyzed business process re-engineering, configuration, modifications to suit the client's requirements, user documentation and user training.

Configured Chart of Accounts, Account Groups in General Ledger GL, Accounts Receivable AR, Accounts Payable AP and Cost Center Accounting.

Configured General Ledger Master Data, Incoming Payments and Reason Codes.

Configured Accounts Receivable Master Data, Incoming Payments and Open Item Clearing.

Configured Accounts Payable Master Data, Outgoing Payments and Open Item Clearing.

Configured Cost Center Accounting Master Data, Planning and Cost Allocations.

Involved in configuring field status groups, Posting keys, Inter-company postings, financial statement versions, document types, Open and Close Posting Periods.

Defined and configured Vendor and Customer master data, Business transactions, and Dunning/payment processes in AR.

Configured customer and vendor account group for domestic and one-time customer and vendor. Defined number ranges and customer tolerance limits.

Configuration of house banks, Bank accounts, GL structure, posting rules for automatic assignment.

Created Automatic Payment program with Clearing of open items.

In Automatic Payment Program for vendors configured paying company code data, country payment methods (Check, ACH), and other factors needed for payment program.

Involved in MM and SD integration testing for LIV processing and revenue account postings.

Cost Center/Profit Center Accounting - Defined standard hierarchy for cost center accounting designed Automatic Account Assignments, Assigned Cost Centers to Profit Centers and created Primary and Secondary Cost Elements.

Configured COPC. Product Cost is planned by defining the Basic Settings for Material Costing, defined Costing Sheet, Calculation Bases, Overhead Keys and Cost Component Structure, Estimating material Cost with Quality Structure, defined Costing Variants and Transfer Strategies.

Controlling the Cost Object by order, defined RA Keys, Cost Elements for WIP Calculations, Number Ranges, Settlement Profiles and Transfer Structures.

Defined internal order types, maintained settlement profile, and order types.

Created cost centers, activity types, statistical key figures, maintained versions, distribution, and assessment.

Maintained overhead cost elements, configured both costing based CO-PA and account based CO-PA.

Created characteristic and value fields, maintained costing types, costing sheets, overhead groups, overhead keys.

Configured and customized asset accounting, account determination, depreciation areas, and asset classes.

In QA, done UAT for client dependent transport.

Provided production support for critical business issues and training to end users

Client: - Goodrich Engine Control Systems, San Diego

Duration: January 2012- August 2013

Title: Business Analyst

Responsibilities

Integrated Asset Accounting, structured and valuated Fixed Assets, created Asset master Involved in the designing of Asset Class, Charts of depreciation, inter-company asset Transfers and balance-carry forward jobs, depreciation areas, depreciation keys, Calculations/reporting and Year-end closing in fixed assets. Designed and configured Asset Accounting to carry out business transactions like acquisitions, retirements and Transfers

In AM, Configured COD, Asset Classes and Depreciation areas. The major areas of depreciation included but not limited to Book depreciation, ACRS/MAKRS and ACE and also intercompany and intra company transfers in Asset Accounting Module.

Analyzed business requirements, determined organizational structures and classified business units/locations as company codes, business areas and profitability centers.

Configured over thirty company codes, tolerance groups for employees, vendors, automatic payment program, and house banks.

Configured of Master data groups, Terms of Payment, Incoming Payments, Dunning, Interest Calculation, Open item clearing and Credit Management in Accounts Receivable

Configured House Banks, Bills of Exchange, Manual Bank Statement and Cash journal in Bank Accounting.

Executed test scripts to ensure all the necessary configuration has been transported to the training environment.

Maintained non transportable configuration such as document number ranges and tax codes in training client.

Worked on special purpose ledger (FI-SL) for special reporting needs at cost center, profit center and business area level. Created and maintained special ledger table groups.

Defined validations and substitutions for special purpose ledgers.

Responsible for identifying and documenting all CCA and PCA test cases. Tracked and resolved business process and configuration issues resulting from unit and integration testing.

Configured CO-PA-and PCA to provide Product Line P&L and Balance Sheet reporting. Implemented CO / Overhead model, using Overhead key, Activity types, and Cost Centers. Reviewed the Material management configuration Purchase orders, Conventional Invoice verification, Logistic Invoice verification, Inventory management, Goods movements, Stock transfer between Company codes and Plants, Purchase Order swap between company codes, GR/IR clearing.

Responsible for FI production support covering GL, AR, AP and year-end closing.

Worked with team members in resolving configuration issues for GL, AR, AP and tracked their progress on a weekly basis.

Created new GL accounts for accounting to permit timely reporting, modified financial statement version to more accurately reflect business and allow accurate analysis of company

Client: - N Power, Business (I &C), Birmingham, UK (Utilities)

Duration: September 2011 to December 2011

Role: SAP FI Consultant

This Project was a Support and roll out for Finance for SAP 4.6c. Worked as a FI consultant in the team responsible for Global support and enhancement and rollout of SAP FI modules.

Identified to use Profit center accounting to create P&L and Balance sheet statements on key business metrics for predefined areas of responsibility.

Identified Internal Orders that has to be settled to Cost Centers at the end of the period.

Balance Sheet reports, CCA reports etc along with check forms and dunning forms.

Testing: Planned and executed the realization phase and unit testing. Guide the team to integration testing.

Prepared the system for day in life activities and user acceptance testing (UAT).

Prepared documentation and end-user training manuals for business users.

Auto Good Receipt for High Volume Items.

Test build of custom objects in development, testing before moving to Production using test scripts covering test scenarios.

Coordinated with users for User Acceptance Testing and completion

Client: JURY’S INN, Birmingham, UK

Duration: November 2010 to September 2011

Role: Business Analyst

Configured basic settings Company Code, Charts of Accounts, Business areas.

Configured chart of accounts with the necessary automatic account assignment configuration.

Configured customer and Vendor account groups. Master records as well as one-time vendor and customer master records, account groups, number ranges, field status, tolerance groups and tolerances for each group.

Responsible for the implementation of AR, AP, AM, Asset Accounting and CO modules.

Configured posting period variant, open and close posting period, document number ranges, document types, tolerance ranges, line item controls, maintain fast entry screens for G/L account items, park documents, individual or mass reversal of documents, valuate foreign currency.

Customized screen layouts for document entry at account/document levels, settings for clearing, modified financial statement to more accurately reflect business and allow accurate analysis of company.

Created new G/L accounts for accounting to permit timely reporting.

Created new profit centers and cost centers to enhance financial analysis.

Configured controlling area, activate components/control indicators, assign number ranges to controlling area, assign company code to controlling area, maintained cost center standard hierarchy. In Cost Element/Cost Center Accountingcreated primary and secondary cost elements, cost element groups, cost centers, cost center groups, cost element attributes. Configured activity types, assessment and distribution cycles.

Confidential, Auburn Hills, MI (Full Cycle Implementation) Mar04 - Feb 05

Confidential is an independent industrial Group headquartered in France and fully focused on the design, production and sale of components, integrated systems and modules for cars and trucks. Confidential ranks among the world's top automotive suppliers. The group employs 70 000 people all over the world and approximately 7000 people in USA Responsibilities

Documented financial information requirements and translated these requirements into an appropriate SAP financial hierarchy (enterprise model). Supported all phases of a project life cycle including analysis, design, development, testing, and deployment of solutions, as well as documentation, and end-user training.

Analyzed the AS-IS system, did a profound GAP analysis and successfully designed and mapped the TO-BE system on SAP at client's site.

Using GAP Analysis simulation, created a long-term forecast of the company's financial development based on individual forecasts.

Prepared the Business Process Procedures for various transactions in GL, AR, AP sub modules.

Worked on the enhancements (AP) positive pay, legal entity payment and GR/IR mismatch issues.

Configured House Banks, Payment Programs, Automatic Payment Methods and alternate bank selection for payments, Check management through assigning number ranges for check lots, checks printing and defining void codes.

Worked with MM & SD teams to configure automatic account assignments and define customer and vendor groups.

Worked on vendors reporting, Down payment, check form and EDI outbound and inbound.

Configured Accounts Receivable (AR) module involving manual incoming payments, house banks, ranking order, bank accounts, and check management.

Importing of data from cashed checks using RFEBCK00 program

Defined account groups, payment terms for incoming payments, outgoing invoices /credit memos.

In Accounts Receivable (AR), defined terms of payment for installation payments for incoming payments, maintained terms of payment for cash discounts and down payments for outgoing invoices /credit memos.

Maintained tolerances for customers, performed mass changes of correspondent codes and dunning clerks, configured the credit management, deduction management, running/editing dunning proposal and printing dunning notices in AR, worked on integration of FI with SD.

Client: - Birmingham City Council, Birmingham, UK

Duration: September’08 to October 2010

Role: SAP FICO Consultant - Implementation

Involved in the Full Life cycle implementation phases, including defining the business requirements, analyzing the gap, writing functional specifications, configuration and testing. Participated in new and existing client development.

Analyzed the existing system for, AS-IS study, gathered functional requirements through user workshops, gap analysis, and participation in process improvement teams

Examined the company's document flow vis-a-vis SAP process flow and recommended suitable validation procedures for documents at header, line item and whole document level.

Analyzed the business requirements, determined organizational structures and classified business units/locations as company codes, business areas and profitability centers

Worked on SAP Implementation of FI/CO modules for clients, including business process study.

Was involved in requirements analysis namely in Conducting Interviews with Users to Gather Requirements and Understanding the Workflow of the existing system and also to gather information of the users expectation of SAP.

General Ledger: Created the financial statement version as per the client requirements to assist with month end close reconciliation, GL posting issues - posting period, created new GL accounts to meet the requirements.

Re-engineered and configured the financial bank reconciliation process for the client from legacy systems onto SAP FI. Modeled the processes of receiving customer payments of utility bills from several banks, incorporating the data into accounts receivables and updating financial records. Successfully developed the processes to incorporate posting rules and complex tax calculations into the system functionality. Utilized SAP's EDI functionality to receive files from the banks

Configured the automatic interest calculations on the account balances/line items, payment terms for dunning, for over-due interest calculations for down payments and automatic clearing of line items.

Internal Orders- Created and defined the new order type including statistical orders and maintained the settlement profile Defined the planning, Settlement and budget profile and Finally settled it to respective Cost centers. Configuring the assignments, maintaining the actual postings, plan version maintenance, cost of sales reporting and Internal Profitability analysis

Client: N.C.P.Services Ltd., London, UK

Duration: June’08-August 08

Role: SAP FI Support Consultant

Journal Entry Posting, Parking of documents, Release / Post / Delete the parked documents, New GL functionalities e.g. Document splitting, parallel accounting, Ledgers etc., Open Item Clearing

FI Validations and Substitutions

Creation of Customer/Vendor Accounts Groups, Number Ranges, and Customer/ Vendor Masters Creation in FI and Centrally, Payment Methods, Normal Payment Terms and Installment Payment Terms, Down payment request, down payments and clearing

Invoice posting, credit memo and reversal of invoice and credit memo

Customer/Vendor Payment and Clearing

Configuring Automatic Payment Program and Dunning for Vendors/Customers

Clearing Outstanding between customer and vendor

Client: IKEA UK Ltd., London, UK

Duration: April 08 –May’08

Role: SAP FI Support Consultant

Maintained all G/L Accounts.

Create Master Data fro Assets Class in Sub ledger and Post Depreciate Expense in P/L Account and Accumulate Depreciate Expense in balance sheet.

Period end closing fun reports, etc.

Involved in providing solutions against tickets in areas of General Ledger, Accounts Receivable, Accounts Payable and Asset Accounting.

Monitoring Month End settlement jobs and Period End activities.

Discussing with End Users and providing solutions at a given time period.

Proactively discuss critical issues with other consultants for timely resolution.

Resolved the issues related to GL, AP, AR, Taxation, and Foreign Currency Calculations.

Enhancement to the customized reports after discussing with the User.

Providing day-to-day operational and process support to users.

Making configuration changes whenever required.

Helping for the reporting of the Documents.

Creation New Tax codes and assigns the related GL Accounts

Client: London Borough of Ealing, London, UK (Public Sector Organization)

Duration: December 07-March 08

Role: SAP FI Support Consultant

Month end and Year end closing activities

GR/IR clearing, Automatic clearing Issues

Issues related Invoice verification (MIRO)

Created validations and substitutions to meet the user requirements.

Served as FI team focal point during production support phase and reduced backlog tickets.

Configured and customized chart of accounts, company code global parameters, fiscal year variants, posting period variants, account groups, field status groups, and tolerance groups.

Ensured that bank and correspondence data is created for each vendor and customer.

Dunning, Interest Calculation and Credit Management.

Configured controlling area, operating concern and maintained versions.

Created overhead structures and assigned it to orders to calculate the overhead rates for the fiscal year and periods. Configured internal order settlement, order planning and budgeting profiles.

Handled terms of payments, instalment payments, cash discounts, rounding offs and valuation differences.

Outgoing payment settings for cash, cheques, direct debit, automatic payments.

Automatic account determination, GR/IR, down payments.

Extensively exposed to integration issues of FI with MM and SD.

Configured controlling area settings, number ranges, and maintained versions.

Providing a demo/feasibility study on new functionalities such as automation (scheduling) of payment run in the background.

Created primary and secondary cost elements, cost centre hierarchies, cost element groups, cost centres.

Automatic update of trading partner in settlement of WBS element.

Client: Marvell Business Technologies, London, UK

Duration: Employed: Aug 05-Nov 07

Role: SAP FI End User

Posting of entries relating to GL, AP and, AR.

General ledger postings and display balances of G/L accounts and display line items.

Mass reversal and reversal of posted document in GL, AP and AR.

Parking a document for general ledger, accounts payables and accounts receivables.

Post a parked document for GL, AP and AR.

Open and close posting periods in FI.

Handling invoice processing.

Validating line item in GL, AP and AR.

Passing recurring and reversal entries each month

Employer: Gland Pharma Ltd, Hyderabad, India

Duration: Aug’2001 – Feb 2003

Role: Accounts Executive

Managed back office operations, providing adequate channel support to the core accounts team.

Registering and maintaining the records of the customer transactions

Managing assets and liabilities, general ledger accounting and maintenance of fixed

Assets register and capitalization.

Assisting auditors in preparing the audit reports.

Bills receivable, bills payable, credit controlling.

Coordinating with managers of other departments.

Maintaining reconciliations on all bank accounts.

Ensuring all cash is properly processed and banked on a daily basis.

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