Shashank Siripuram

Mobile: 510-***-****

E-Mail: aculzt@r.postjobfree.com

Professional Summary:

Extensive 8+ years of experience in FI & CO as subject matter expert.

Solution expertise in FI/CO encompassing seven projects, two of which are full life-cycle Implementations, three Supports, and two Global Roll-outs.

Good knowledge on S/4 HANA Finance and it’s migration

Worked on all phases of life cycle implementation: Pre sales activities, Requirement gatherings, Business Blueprint Preparation, GAP Analysis, Realization, Customization, Testing (Unit/ Regression/Integration), UAT, Cut-over, Go-Live and Post go-live support phases.

Experience in handling Onsite/Offshore model with an effective communication across all levels of the business.

Proficiency in study, analysis & mapping the business processes into SAP.

Experience in solution design, Preparation of POC, Customer demos, Presales, Proposals, effort estimations and internal training.

Working knowledge on various accounting patterns i.e., US GAAP, FASB, IFRS & Indian GAAP.

Worked closely with several teams during the career including EDI, Security, ABAP, Basis, BI and other functional teams.

SME in Product costing, CO-PA, New GL, Fixed Assets, House bank, PMW, AR, AP, O2C, P2P & SEPA.

Hands on experience with support environment and ticketing tools: Remedy, Certido, and Solman.

Worked with many third party SAP integrated tools like Concur, Vertex, Paymetrics & LS-Retail.

Key contributor to any stage of the project with quick learning & adoptable attitude.

Technical skills involved: MS Project, Word, Excel (pivot tables, v/h lookup, charts, linking spreadsheets, etc), PowerPoint, Visio, Skype for Business etc.

SAP Skill Set:

Primary:

FI-GL: Organization structure set up, Designing Char of Accounts, Classical GL, Special Purpose Ledger, New GL with Document Splitting, Multiple Ledgers, Segment Reporting with Profit centers

FI-AR: Entire Order to Cash (O2C) cycle, Lockbox setup, Revenue Recognition, Credit card payment processing, Interest calculation, Foreign currency valuation, Dunning, Correspondence, Direct debit through APP, Customer master maintenance, Payment clearing, Special GL transactions with incoming down payments

FI-AP & House bank: Procure to Pay (P2P) scenarios, Tolerance limit strategies, Payment method set up, House Bank Accounting, In-house cash journal, Checks Management, Automatic Payment Program, Payment Medium Workbench (PMW), SEPA-Credit Transfer & Direct Debit, MT940 payment formats, Electronic/Manual Bank Reconciliation, EBS, Auto Background Jobs and Vendor master maintenance.

FI-AM: Classical & New Asset Accounting, Parallel Valuation per multiple Accounting Principles, Setup Technical Clearing Recon Accounts, Define Depreciation Areas, Asset Class, Account Determination, Screen Layouts, Asset Under Construction (AUC), Low Value Assets, Valuation Methods-Straight Line & Multi Level Valuation, Period Control, Depreciation Terms/Key, Leasing Terms, Salvage consideration, Ordinary & Special Tax Depreciation, Acquisition to Retirement, Customer Contribution in Fixed Assets with Investment Support integration, Asset Migration during cutover, Asset Master Maintenance

CO-CEA: Costing Versions, Primary & Secondary Cost Element creation, Annual Business Planning

CO-CCA: Activity dependent & Independent Cost Planning, Statistical key figure (with LIV) & Activity type planning, Budget & Commitment management, Splitting structure, Activity price reconciliation, Activity Price Calculation, Cost Allocation Methods-Distribution/Assessment, Cost Center budget & commitment analysis, and Cost center maintenance

CO-PC: Material standard cost estimation with & w/o quantity structure, Cost component structure, Costing Variant, Cost release & roll-up, Overhead Calculation-Base, Overhead rate & Credit, Worked on Additive/Mixed costing, Transfer Pricing.

CO-COJ: Implemented Production/Process order as cost object, Knowledge on BOM, Work center, Routing, Production Version, Master Recipe, Costing Key & Formula, Activity confirmation, WIP & Variance analysis, Settlement & required material master views (MRP/Sales/Accounting/Costing).

CO-PA: Define new Characteristics/Value fields per business requirement, Derivation Strategies (Table lookup/Move/Clear), Activate Operating Concern, Flow of actuals from MM/SD/FI through PA transfer structure, Pricing setup, Top Down Distribution, Assessment Cycles

CO-IOA: Implemented Real & Statistical orders, IO Planning, Budgeting with supplements/returns, Plan/Actual analysis, AUC integration Fixed Assets

EC-PCA: Profit center maintenance & it’s integration with Segments/MM/SD/PP & other modules. Profit center re-organization, Update the profit center for around 500 materials and objects affected by the reorganization (such as materials and orders) are reassigned and their stocks and balances are transferred in new General Ledger Accounting.

Working knowledge on Validation/Substitutions, BTE’s for emailing remittance advice, User Exits

Period & Year end activities: Foreign currency valuation, Post with clearing/reset cleared item, Balance sheet adjustments, balance carry forward, Master data create/change/maintenance, Asset closing (depreciation-planned/unplanned/repeat), Asset balance, Cost planning, and Allocation Strategies etc.

Secondary:

FSCM: Business Partner Maintenance, Collections, Dispute, Credit Management & Biller Direct

Knowledge on Material Ledger, Project Systems, WBS, Networks (Record, Plan & Settlement) and BPC

Design functional specifications with opt logic for various RICEFW

Data migration skills: LSMW, Open balance reconciliation during transaction upload, BDC recordings

Worked closely with ABAP team with good debugging skills and customized various smart/adobe forms

Worked with XI/PI team for various EDI requirements with IDoc involvement and RFC configuration

Projects:

DEL-MONTE FOODS, INC., CA Nov’ 2015 – Till now

SAP FICO Lead Architect

Plant Rollout, Bank Interface & CO-PA Re-Implementation with Product costing

Lead the workshops with business to gather requirements and provided optimum solution.

Executed the plant rollout for the new company (Sager Creek) acquisition with the integration of various business processes in to the Del Monte SAP ERP processes and financial data migration.

Orchestrated transition of SAP GL, AP, AR, Revenue Recognition, Bank Interface for Lockbox & EBS, Assets, Cost roll-up, Variance analysis and CO-PA data into Del Monte system.

Profit center re-organization & consecutive arrangements in materials & objects affected

Worked on RICEFW and automated positive payments for payroll from ADP to SAP for EBS.

Co-ordinated bank integration with Accounting & Treasury team of business and Wells Fargo for Lockbox, In-house cash application, Vendor outbound payments and inbound EBS statement.

Developed bank interface by maintaining required Partner Profiles and idoc types (EUPEXR, PAYEXT, LOCKBX).

Co-ordinated with bank team for BAI2 formats of payment files.

Integrated trade promotions (TPM) of CRM with FI and CO-PA through symbolic account keys & value field assignment with respective condition types.

Defined new characteristics/derivation strategies in CO-PA and new Top down distribution cycles.

Configured end to end AUC settlement process through internal orders.

Conducted workshops and carried out configuration on Collection, Dispute and Credit Management to fulfill the business requirements.

Supported business for several period end closing activities such as: incoming/outgoing payment clearance, business partner issues, and inventory valuation with cost rollups, depreciation, back ground job issues, report analysis, variance calculation, settlement and TDD etc.

Managed & coordinated testing with business for various scenarios within and outside of SAP via Interfaces; Performed User Acceptance Test for business validation.

Developed LSMW to migrate all the Transactional (GL, AR, AP, Asset open balance) and Master Data (GL, Cost center, Internal Order, Fixed Asset) for the new plant rollout into existing system.

Developed new PA reports of contribution margin, net sales, plan/actual comparison at various levels of the business using report painter.

Environment: SAP R/3 with ECC 6.0 (EHP 7), FI, CO, MM, SD, PP, EWM, BI/BW, CRM, APO, SRM

PACIFIC COAST COMPOSITES, INC. CA Jul’ 2015 – Oct’ 2015

SAP FICO/FSCM Consultant

Plant roll-out & Support

Responsible for support and plant rollout from FICO side.

Defined cost center hierarchy per the requirement for further distribution and assessment cycles.

Defined cost component structure, costing variant, preliminary cost estimate, period end closings- Overhead calculation, WIP, Order revaluation, Variance analysis, Settlement.

Reorganized profit centers with respective master data (material, cost center, gl, cost assignement)

Closely worked with Production Planning team to fulfill requirements for BOM, Work center, Routing/Master Recipes, Production version, Activity type planning etc.

Liaison between treasury & bank for house bank interface for payments, Lockbox & EBS.

Developed Revenue, and Sales Operations Plan through KEPM strategies.

Worked on regular business issues in the areas of New GL, P2P, O2C, AR, AP, House bank, EBS, Asset management, and Special Tax depreciation.

Enhanced several custom reports per the business requirements by preparing the functional specs.

Trouble shooting various background jobs for AP payments, Lock box, Positive Payment, etc.

Environment: SAP R/3 ECC 6.0 with EHP 7 with FI, CO, MM, SD, WM, PP, APO, BI/BW, ABAP

HONEYWELL, CA Jul’ 2013 – Jun’ 2015

Senior SAP FICO/FSCM Consultant

SEPA Implementation, Fixed Assets, CO-PA strategies, Revenue Recognition & Production Support

Responsibilities:

Headed complete application support and enhancements in the areas SAP FICO, CO-PA, SEPA, FSCM and tax application.

Regulate & coordinate weekly status meetings with client for project status, enhancement defect tracking, critical issue updates, incident review by maintaining SLA.

Primarily responsible for resolution of SAP FICO incidents esp. those related to FSCM, AR, AP, Special Purpose Ledger, Banking Configurations, Payment Method Setup, Automatic Payment Program, Lock box, EBS, Revenue Recognition, Asset Management, Depreciation, Retirement, Intercompany Setup across different boxes using Idocs, pricing errors, CO-PA derivation rules, mapping of default cost centers, FICO--SD-MM-PP-HCM integration, Account Determination setup, Material cost estimate, transfer pricing, period end closings, validation and substitution rules.

Supported business community on issues related to Dispute/Credit/Collections management. Enhanced the SAP Credit Scoring Rules with HCDA Scoring Engine.

Involved in analysis, scoping and implementation of the following projects for various business units of Honeywell

oSingle Euro Payment Area (SEPA) Credit Transfer & Direct Debit with EU banks

oHouse bank interface with Lock box, incoming/outgoing payments and EBS

oAutomation of cost estimation of prototype plant

oCO-PA enhancements

oEBS for Citi & Deutsche bank

oImplementing SWIFT’s MT101 format

oRevenue Recognition

oNew GL Migration

oInterfacing Concur expense & Vertex tax system

Single point of contact for client for issues and enhancements related to SEPA/PMW DME Engine.

Implemented complete Revenue Recognition process for various service contracts and developed custom sales report for FI-SD reconciliation.

Experience in handling different Sales scenarios including Consignment, Drop Ship, Returns, Credits, Contract Revenue Recognition.

Tested SAP FICO business processes like Order to Cash cycle, Purchase to pay process, drop ship process, payment program, revenue recognition, month-end activities, and manual GL postings among others.

Implemented complete functionality of Lock box and Electronic Bank Statement Upload from scratch to interface with Citi and Deutsche banks. And scheduled automatic background jobs for daily Lockbox transactions and Electronic Bank Statement.

Automated cost estimation and cost release process for proto plants.

Configured new Payment Medium Workbench (PMW) for MT101, SEPA Credit Transfer (PAIN.001.001.03) and Direct Debit (PAIN.008.001.02) as per the Global SWIFT Compliance.

Worked closely with ABAP team to enhance the function modules per PMW requirements.

Single point of contact for impact analysis of configuration or process changes across FICO and other SAP modules.

Defined financial statement versions for internal and external reporting per IFRS, and Local GAAP requirements.

Worked closely with MM & SD module for defining tax procedure, Input and Output tax codes.

Worked on various change request involving fixes to PA reports through Report Painter tool.

Provided training to the users as and when required on various business processes.

Extensively worked with MM, SD, PP, PM, HCM, ABAP, BASIS, XI, and other support team to resolve incidents/enhancements on priority.

Environment: SAP R/3 with ECC 4.7, 6.0 (EHP 7), FI, CO, MM, SD, PP, APO, WM, BI/BW, CRM, ABAP.

WELSPUN Jan’ 2012 – Jun’ 2013

Senior SAP FICO Consultant

Full Life Cycle Implementation

Responsibilities:

Spearheaded the project preparation, blueprinting, fit-gap analysis, configuration, testing, cut-over, post go-live warranty support for implementing FICO module.

Worked closely with process leads/end users to understand and enhance the business process.

Prepared blueprints for documenting requirements and configuring system – Organization structure set up, New GL functionalities with Document Splitting, Non-Leading Ledger, Segment Reporting, Accounts Receivable with various phases of O2C integration, Interest Calculation, Foreign Currency Valuation, Accounts Payable with various phases P2P cycle, Down Payments, Loan Processing, House bank/Payment method setup, Automatic Payment Program, Electronic Bank Statement reconciliation, Tax system, Cost Element & Center setup, Cost Planning, Splitting structure, Activity Type calculation, Product Cost Planning, Cost Object Controlling, CO-PA Valuation, SOP Planning through CO-PA and Internal Order for AuC settlements.

Developed the required costing strategy for inventory valuation per Indian Accounting Standard-2 for Net Realization Value (NRV)

Collection Strategy, Promise to Pay, Integration with FI-AR, Batch Job Schedules, Business Partner Master Data Synchronization.

Implemented funds management and integrated with logistics.

Worked on different RICEFW objects and prepared functional specifications.

Extensively worked on CO-PA to fulfill the business requirements for various profitability reports, such as

-New characteristics definition and required derivation rules for valuation

-Value filed creation and its integration with other modules

-Revenue & SOP planning through CO-PA planning strategies

-Flow of Values from FI, MM, SD, PP to CO-PA

-Setting up Top down distribution for detailed reporting

-Defining CO-PA Assessment Cycles

-New profitability reports using Report Painter

Worked on various transactional and master data migration through LSMW & BDC recording.

Extensively prepared various Test Scripts with Unit & Integration/Scenario testing.

Conducted UAT for different financial processes including month/year end activities and provided proper training to the process leads/super user/end user.

Extensively worked during cut-over activities for data migration from and successfully went live.

Supported users to handle various issues as part of post go-live support.

Environment: SAP R/3 ECC 6.0 with EHP 7 with FI, CO, MM, SD, WM, PP, APO, BI/BW, ABAP.

FINE FAIR INDIA PVT LTD Feb’ 2011 – Dec’ 2011

SAP FICO Consultant - AFS

Full Life Cycle Implementation - AFS

Responsibilities:

Responsibilities involved gathering business requirements by educating user community through workshops and prepare Business Blue Print, Fit-Gap Analysis, Realization, Testing, UAT, Training, Cut-over activities, Pre-go live check, Go-live and Post Go-live support. Liaison between business and technical teams to articulate business needs and system capabilities.

Worked closely with the business stake holders and process leads to enhance and standardize the business process.

Extensively worked with RICEFW to automate certain processes with FICO and other modules.

Developed interface with their POS retail system called LS-Retail for invoice, payments and foreign exchange maintenance.

Closely worked with SD & WM team to execute Consignment transactions between ware house and retail store.

Implemented Asset Accounting per Company’s Act and Income tax act requirements. Defined necessary Depreciation Areas, Asset Classes, GL Assignment, Valuation methods, Depreciation keys with Salvage value, Leasing to successfully run Asset acquisition through retirement.

Responsible for setting up Cost Elements for Primary & Secondary, Cost Centers, Activity Types, Statistical Key Figures, Cost Center Standard Hierarchy, custom Cost Center Categories, Costing Sheet, Costing Variant, WIP, Variance, and Settlement for production order.

Provided training to the business on new cost center allocations, period end closings, and executing the new reports.

Created new derivation rules, custom characteristics, value fields and profitability reports though Report Painter/Report Writer.

Performed through Unit, Integration/Scenario testing and documented various Test Scripts with proper training.

Developed LSMW objects for uploading COA, Asset Master, Cost Center, Internal Order and Open GL, AR, AP balance from legacy system.

Responsible for successful go-live. Support post go-live issues with appropriate change management tools.

Environment: SAP AFS ECC 6.0 with EHP 6, FI, CO, MM, SD, PP, WM, V-PLM, LS-Retail & ABAP.

AMARA RAJA BATTERIES Feb’ 2010 – Jan’ 2011

SAP FICO Functional Consultant

Production Support & User Training

Responsibilities:

Responsible for resolving medium to critical issues by maintaining SLA standards.

Worked on various issues related to FI & CO modules.

Worked closely with SD team for resolving many issues related to O2C cycles and have analyzed issues related to Access Sequence, Condition Type/Record, and Pricing, Output Tax, Account Determination of SD transactions.

Supported MM team with the required changes on account determination, PO-interface, Account Assignment Category, Movement type field status, Goods receipt, Input Tax, and Invoicing issues.

Configured house banks and maintained accounts in house banks. Defining Check Lots, Payment Terms, Set Up bank determination for all payment transactions, defined posting keys and posting rules for check deposit and bank reconciliation.

Maintained Validations and Substitutions per various transactional postings.

Involved with other module community like BI/BW, PI/XI.

Environment: SAP R/3 ECC 6.0 with Remedy, FI, CO, MM, SD, PP, BI/BW, PI/XI, & ABAP

COLURTEX Jan’ 2008 – Jan’ 2010

SAP FICO Associate Consultant

Production Support & User Training

Responsibilities:

Responsible for resolving issues per SLA, and support user community through required clarifications/training.

Carried out required FICO enhancements and configuration changes for day to day business in the areas of GL, AP, AR, Fixed Assets, Cost center, Master data, Period End Closing, and other areas.

Addressed Product costing issues relating to material cost estimates, improper cost allocations, cost component structure changes, variance analysis etc.

Coordinated with EDI, SD and MM resources to resolve cross module issues.

Assisted users in carrying out costing runs and other issues related period end activities.

Co-ordinated with logistics for issues relating to movement types and field status issues.

Co-ordinate Unit and Scenario testing. Provide user training with proper User Acceptance Test.

Environment: SAP R/3 ECC 6.0 with HP Quality, FI, CO, MM, SD, PP & ABAP

Educational Qualification:

Master of Business Administration (Finance) from Osmania University, India.

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