Accounting Sap

Vamshi Damishetty

Senior SAP FICO Consultant

Cell: 404-***-****

Email ID **********.******@*****.***

SUMMARY

Innovative, result-driven professional extensive experience; proven expertise in SAP analysis, design, implementation, configuration and documentation as a SAP consultant and performing implementation of SAP in various industries while incorporating Accounting and Financial experience over 09 years.

Onsite experience in AUSTRALIA, DUBAI, BAHRAIN, SAUDI ARABIA, QATAR, OMAN, GABON, EGYPT, AZERBAIJAN, ANGOLA & KAZAKHSTAN.

Multinational roll-out expertise.

Projects completed – 2 End-to-End Implementations, 15 Roll Outs, Training & On-Going Support

Expertise in understanding of SAP system from business processes, cross functional and integration view points

Proven ability over New GL Accounting, Accounts Payable, Accounts Receivables & Asset Accounting sub modules

Trained in S/4 HANA Simple Finance

Good command in Electronic Bank Statement (EBS), DME Setup, Cash & Liquidity Management

Excellent command in Master & Legacy Data Uploads (LSMW)

Good knowledge in Cost Center Accounting (CCA), Profit Center Accounting (CO-PCA), Product Costing (CO-PC), Cost Object Controlling & Profitability Analysis (CO-PA)

Extensive experience in configuring the SAP taxes

Excellent communication and inter personnel skills

Manage delivery expectations of multiple projects at a time and relationships with clients, partners, and SAP business units

SAP Skills

Financial Accounting: Enterprise structure, Company Code configuration, Chart of accounts, Fiscal year, Business areas, Functional areas, Tax on Sales and Purchase, Inter company transactions, Validation and Substitution and Open/Close Posting periods

General Ledger: Account groups, GL Master records, Sample accounts, Field status groups, Posting keys, Automatic account determination, Number ranges, Document types, Tolerance groups, Sample & Recurring Documents, Parking Document, Hold Document, Partial Payment, currency, reversal

Accounts Payable: Vendor Account Group, Vendor Master Data, Payment Program Configuration, House Bank, Check Lots, Reason Codes, Payment Methods, Recurring Entries, Invoices, Credit Memos, Down Payments, Integration with MM, Closing Procedures

Accounts Receivable: Customer Account Group, Customer Master Data, Credit management, Tolerance groups, Open item clearing, Dunning Procedure, terms of payment, outgoing invoices, incoming payments, Integration with SD and open item clearing

Collection Management (FSCM): Defined co. code, Collection Strategies, Profiles, Organization Structure, Collection Segment, Collection Groups, Collection Specialist, Assignment all concepts with each other, Defined and assigned number range to Business partner, Synchronization with customer master in AR module, Distribution of data from AR module, Creation of Work lists, Creation of Promise to pay, Integration with accounts receivable module and Creation of Variant for Background processing for automatic data transfer.

Asset Accounting: Master Data, Asset Classes, Chart of Depreciation, Depreciation Areas, Depreciation Keys, Account Determination, Asset Acquisition, Capitalization, Scrapping and Inter Company Asset Transfer

Treasury: Cash Management, Lock Box Processing, Manual and Automatic Bank Statement, Posting Rules, Mapping Bank Accounts to GL Accounts, Processing Incoming Checks

Cost Center Accounting: Cost Centers, Cost Center Hierarchy, Cost Elements, and Statistical Key Figures, Activity types, Assessments and Distributions

Internal Orders: Order types, Settlement Rules, IO planning, distribution cycles, cost collector configuration and cost element planning.

Profit Center Accounting: Configuration of the basic settings, Profit Center Hierarchy, Assignments, CO-objects to Profit Centers, Reports

Profitability Analysis (CO-PA): Operating Concern, Characteristics, Value fields, Derivation Rules and Structures, Valuation Strategies, Derivation Tables, Planning Versions, Layouts & Profiles, Drilldown Reports

Product Costing: Material Cost Estimate with Quantity Structure, Bill of Materials, Routings, Settlement Structures, Variance and WIP Calculations, Costing Variants, Valuation Variants, Integration with SD, MM, PP and COPA

Report Development: Report Painter, Drill - down Reporting and ABAP queries.

TECHNICAL SKILLS

ERP Applications

SAP (ECC 6.0) FI/CO

SAP R/3 Tools

Report Painter, Report Writer, Solution Manager

Operating Systems

Windows 95/98/XP/2000, Windows NT

Educational Qualification & Certification:

Bachelor of Engineering – Osmania University, India

Master in Business Administration from Australia

SAP Certified

EXPERIENCE

Client: Exterran, Inc. May 2017 – Till Date

Role: SAP – Finance Lead/Analyst

Exterran Corporation is a worldwide market leader in oil and gas production equipment, natural gas compression, produced water treatment solutions, and gas processing and treating.

From wellhead to pipeline, we are proud to partner with our clients to deliver experience, expertise and unrelenting commitment to service.

With resources spanning oil and gas producing regions worldwide, we have the engineering design, equipment fabrication, site installation and more to help ensure our clients’ operations are covered.

Headquartered in Houston, Texas, Exterran Corporation has approximately 5,100 employees and operates around the world.

Responsibilities:

Re-implementation of business processes in finance module.

Support of SAP Financials (focus on FICO Controlling – Cost Center Accounting, Project System, Unsettled Costs, Month End Closing, Overhead assessment and settlement.)

Perform detailed analysis of complex business process requirements and provide appropriate system solutions; identify, interpret, validate and document customer requirements

Facilitate workshops to collect new business requirements

Map client business requirements, processes and objectives; develops necessary product modifications to satisfy clients' needs.

Design, customize, configure and testing of FI/CO modules.

Identify gaps, issues and work around solutions.

Act as liaison with client for troubleshooting: investigate, analyze and solve existing business process issues.

Document functional designs, test cases and results.

Proactively identify and propose business process and/or system enhancements

Provide consulting services on both new implementations and existing support projects

Act as a liaison between the business functions and the technical team.

Provide ad-hoc training and user support as required

Work self-directed and independently; may act as subject matter mentor to more junior members

Client: COMPASS GROUP March 2016 – April 2017

Project: SAP Rollout – ESS & KMGSC KAZAKHSTAN

Role: SAP FICO Lead Consultant

Compass group is the world’s leading provider of food and support services, in the workplace, education, health service, leisure facilities, and in remote environments

Responsibilities:

Configured the settings of Enterprise Structure. Defined Company Code, Functional Areas, Plants for logistics, Sales Organization, Purchase organization, assignment of company code to company, assignment of plant, sales organization and purchase organization to company code.

Configured Financial Global Settings such as Company code, Profit Center and Cost Center hierarchies. Fiscal Year Variant, posting periods, document types, document number ranges, posting keys, field status variants. Tolerance group for employees, Tax on sales and purchases.

In General Ledger - involved in defining and configuring Chart of Accounts, Account Groups. Assigning Chart of Accounts to Company Codes. Defining Retained earning a/c, Defining Templates for Configuring Recurring Entries in GL Postings.

Customized settings for Customer and Vendor master records, Line item processing of documents, displaying of Account Balances, Credit Management and Closing Operations.

Involved in Automatic account assignment for various AR & AP transactions like Bank charges, Overpayments, Underpayments, and Cash discount, Exchange Rate Differences.

Designed complicated billing system between two legal entities – ESS & KMGSC

Independently implemented Collection Management module (FSCM) in financial supply chain management which includes: Defined co. code, Collection Strategies, Profiles, Organization Structure, Collection Segment, Collection Groups, Collection Specialist, Assignment all concepts with each other, Defined and assigned number range to Business partner, Synchronization with customer master in AR module, Distribution of data from AR module, Creation of Work lists, Creation of Promise to pay, Integration with accounts receivable module and Creation of Variant for Background processing for automatic data transfer.

Configured the Tax procedure, Access Sequence, Condition Types and account keys for billing.

Configured Tax procedure, tax codes, account determination for posting, non-taxable transaction posting and tax reporting.

Creation of Condition types and access sequences for VAT.

Configured XML Reporting for Kazakhstan

Configured partial payments, exchange rate differences, payment advices, payment proposal/payment schedule, payment run, and payment methods

VAT tax returns

Setup all outgoing payments (MT100), Bank statement configuration (MT940)

Configured Lockbox processing taking BAI2 format into account based on the requirement of the client.

In CO, Creation and assignment of cost elements.

CO-CCA involving creation of cost centers, standard hierarchy and groups

Created Internal Orders, assigned the costs related to that internal order from different cost centers.

Handled asset accounting process along with investment (internal) orders for budget control, planning and settlement of AUC

Designed and configured month end controlling activities viz., cost allocation cycles, settlements, CCA planning, budget and forecast etc.

Client: COMPASS GROUP Sep 2015 – Feb 2016

Project: SAP Rollout - EXPRESS ANGOLA

Role: SAP FICO Lead Consultant

Compass group is the world’s leading provider of food and support services, in the workplace, education, health service, leisure facilities, and in remote environments

FI Module Responsibilities:

Configured and customized company organization structure viz., profit center and cost center structure, fiscal year variant, posting periods, document types, document number ranges, posting keys, field status variants

Configured New GL Account

Created Financial Statement Version by defining Balance Sheet and Profit and Loss Account.

Involved in the integration of FI/CO module with SD and MM modules.

Involved in the testing of different transactions in the Finance module in G/L posting, payment processing, recurring entries, posting and deletion of parked and hold documents, customer and vendor transactions with MM and SD modules.

Preparation of Functional Specifications for various reports developing by the technical team.

Explained and prepared To-Be documents on the basis of As Is analysis for all financial business processes.

Configured for Vendor/Customer data in (FI-AR/AP) which included payment terms, dunning, and Special GL Account transaction.

Prepared the Documents for the processes like Month end, Payment Proposal run etc.

Configuration of Travel related Expenses reimbursed to Employees and paid through A/P.

Performed unit testing and integration testing. Provided user training on processes and assistance in developing user documents.

Analyzed the as-is system, did the Gap Analysis and designed the to-be system.

CO Module:

CO- Creation and assignment of cost elements.

CO-CCA involving creation of cost centers, standard hierarchy and groups

Created Internal Orders, assigned the costs related to that internal order from different cost centers.

Profit Center Accounting: Configuring and customizing basic settings, maintaining profit center hierarchy, assignments, CO-objects to profit centers, allocation cycles (distribution and assessment), planning and development of reports.

Designing all required internal management reports in report painter tool

Client: COMPASS GROUP March 2015 – August 2015

Project: SAP Rollout – COMPASS EGYPT

Role: SAP FICO Lead Consultant

Compass Egypt is the only multinational company in Egypt that can offer a professional integrated solution for operating a number of services on behalf of our clients. This heritage, extended from being part of Compass Group PLC, the world’s largest support services company, leverages a special organizational culture of great people, great service, and great results. As a global leading food service provider, Compass Egypt has proven local and international expertise that gives a clear advantage and offers a high-specification and innovative approach to catering that is backed up with the most stringent food safety and HSE practices.

Responsibilities:

Involved in conducting interviews with users to gather requirements and understanding the workflow of the As-Is system. Analyzing workflow to design solutions and designing the To-Be solution.

Involved in conducting GAP Analysis, documenting the findings, assessing scope of studies and suggesting solutions through SAP for Implementation and Customization. Defining conversion strategies and User Acceptance Testing.

Involved in analyzing and reviewing all processes, user procedures, and system requirements.

Involved in refining Business Requirements, developing a List of Interfaces, Reports and Data Conversions. Suggesting the Development of New Standard Policies and Procedures and developing the System Administration and Operational Procedures.

In General Ledger involved in Defining and Configuring Chart of Accounts, Account Groups. Assigning Chart of Accounts to Company Codes. Designing PC Hierarchy based on Organizational & Reporting Structure. Defining Templates for Configuring Recurring Entries in GL Postings.

Involved in Defining Tolerance Groups, Number Ranges, Posting Keys, Document Types, Fiscal Year Variants, and Field Status Groups. Customizing the Screens for Document Entry, Document Reversals, Invoices and Payments. Defining Reference Accounts, Sample Accounts and Account Assignment Models.

In AR/AP involved in Configuring Accounts Receivable (AR) and Sample Ledger Accounts. Defining House Banks, Bank Accounts and Reason Codes, Check Lots. Defining Customer/Vendor Account Groups and Creating Customer/Vendor Master Data.

Configuring Automatic Payment Program for Outgoing Payments for Company Codes in Accounts Payable (AP). Configuring Incoming Payments, Billing, Credit Management and Dunning Programs.

In Asset Accounting, involved in Configuring Asset Master Records, Chart of Depreciation and Customizing Screens for Asset Creation. Involved in defining Depreciation Keys, Calculation Methods and Depreciation Areas to the Assets Masters.

In CCA & COPA involved in Defining and Configuring Controlling Area. Assign the Company Code and Chart of Accounts to Controlling Area. Configuring Operating Concern with Characteristics and Value Fields. Configuring Cost Elements, Revenue Elements, Cost Center, Profit Center and Hierarchies. Designing and developing Analysis Reports of Products Profitability by Configuring Profitability Analysis. In CO-PA Report Profitability by Customer, Product, and Market. Creating P&L statements using CO-PA reporting tools.

Assigning Profit Center to the respective Cost Centers, Material Master, Production orders, fixed assets, and Sales Orders through Sales Order Substitutions in Profit Center Hierarchy and Transferred Revenue Accounts and Balance Sheet Accounts to Profit Centers in Profit Center Hierarchy.

Involved in preparing Functional Specifications for the technical team.

Involved in uploading and migrating the Master records to SAP from Legacy using LSMW.

Involved in Project Management and Training in Generating Metrics for Senior Management for Progress Tracking Purposes. Documenting End User Manuals and Training Material. Conducting End User Training on GL, AA and TM modules.

Client: COMPASS GROUP August 2014 – February 2015

Project: SAP Rollout – ESS AZERBAIJAN

Role: SAP FICO Lead Consultant

Compass group is the world’s leading provider of food and support services, in the workplace, education, health service, leisure facilities, and in remote environments

Responsibilities:

Configured General Ledger accounts that include Master records, Number Ranges, Posting Periods, Fiscal Year Variant, and Currencies.

Defined Parallel Currencies, Exchange Rate Types, Translation Ratios, and Exchange Rates as per the Client’s requirements.

Worked extensively in updating the Exchange Rates automatically and provided end-user training on this automatic program.

Customized settings for Customer and Vendor master records, Line item processing of documents, displaying of Account Balances and Posting, Credit Management and Closing Operations.

Involved in Automatic account assignment for various AR & AP transactions like Bank charges, Overpayments, Underpayments, and Exchange Rate Difference.

Involved in Automatic procedures for Payment program and Dunning program.

Configured accounting transactions for GL posting, AR/AP posting and Recurring entries.

Created Financial Statement Version by defining Balance Sheet and Profit and Loss Account using PCA

Involved in the Configuration of screens for Period end operations including Depreciation run, posting to General Ledger, and transfer of AR / AP balances.

Involved in the integration of FICO module with SD and MM modules.

Involved in the Configuration of Controlling areas, Company code assignment to Controlling Areas, creation and assigning of number ranges for Controlling Areas, and Version maintenance for controlling areas.

In Cost Element Accounting involved in the creation of Primary and Secondary Cost Elements, Cost Element Groups, Reconciliation Ledger, and Automatic Cost Element Creation.

In Profit Center Accounting involved in the configuration of Profit Center Hierarchy, Dummy Profit Center, Profit Centers, creation and assigning number ranges for Profit Centers, and Version maintenance for Profit Centers.

Involved in the Configuration of Asset Classes, Depreciation areas, Depreciation keys, Asset master records, and Sale of assets.

Involved in the testing of different transactions in the Finance module in G/L posting, Payment processing, recurring entries, posting and deletion of Parked and Hold documents, Customer and Vendor transactions.

Configured Year End Closing and Month End Closing Procedures for SAP FI module.

Client: COMPASS GROUP February 2014 – July 2014

Project: SAP Rollout – EUREST SUPPORT SERVICES, GABON

Role: SAP FICO Lead Consultant

Compass group is the world’s leading provider of food and support services, in the workplace, education, health service, leisure facilities, and in remote environments

Responsibilities:

Involved in all phases of the Systems Development Life Cycle which include System Design, Analysis, Configuration, System Testing, Data Conversion, and Production Support in FI-GL, FI-AR, FI-AP, FI-AA, CO-CCA, CO-PCA and CO-CEA

Involved in analyzing the existing system, gathering functional requirements through user workshops, gap analysis, and close the gaps by providing appropriate solutions.

Configured the settings of Enterprise Structure, Account Groups, Retained Earnings Accounts, Field Status Variant, Tolerance Groups, Multiple Currencies, and Posting Period Variant.

Involved in the Configuration of Interest Calculation Settings, Exchange Rate Calculations, House Bank, Payment Processing, Partial Payments, Hold, Park, and Recurring Documents.

In Accounts Receivables involved in the configuration of Customer Account Groups, Number Ranges, Tolerance Groups, Customer Master Data, Payment Terms, Incoming Payment Processing, Open Item Clearing, and Dunning Procedures.

In Accounts Payable configured Vendor Account Groups, Document Number Ranges, Invoice Posting, Manual and Automatic Payment Processing.

Involved in the copying of General Ledger accounts and Vendor Master Records using SAP delivered programs.

Worked on Special GL transactions like Bills of Exchange and Down Payments.

Prepared Configuration setting for Cross Company Code transactions, line item display, and open item processing for G/L, AR and AP.

Configured Check Lots, Void Reasons, and Payment Process Using Checks.

Involved in setting up Validations and Substitutes for FI applications.

Involved in the Configuration of Tax Calculation Procedures, Structure For Tax Jurisdiction Codes, Tax Jurisdiction Codes, and Tax Codes For Non -Taxable Transactions.

Involved in the configuration of Bank Master Data, House Banks and G/L Accounts in Different Currencies for Each Bank Account, and Created Reconciliation Accounts for Vendors and Customers.

Involved in the configuration of Payment Program for both Vendors and Customers.

In Cost Center Accounting created Cost Centers, Cost Center Groups, Planning of Cost Centers, Secondary Cost Elements, Creation and Execution of Assessment Cycle, and Budget for Cost Centers, Activity Types, and Statistical Key Figures.

Involved in the creation of Primary and Secondary Cost Elements, Cost Element Groups, and Maintained Cost Element Attributes.

Worked on the configuration of Chart of Depreciation, Asset Classes, Depreciation Areas, Posting Keys, Sub Assets, and Depreciation Methods.

Configured account assignments for Asset Acquisitions, retirements and inter-company transfers.

Prepared the End User Documentation and the User Manual.

Provided Post-Go-Live support to users, helped users in solving their problems in live environment, and reconfigured settings wherever desired by users.

Involved in preparing and presenting User Training and also delivered training to Consultants.

Project: MEETING POINT EMIRATES May 2013 – July 2014

Client: FTI Touristik, Germany

Role: Sr. SAP FICO Lead Consultant

Meeting Point International is a globally positioned, destination management company headquartered in the Bavarian capital Munich, Germany. After the opening of the first office in Dubai in 2009 other destinations followed within a short period of time. Today Meeting Point International is among the leading Destination Management Companies in over 40 destinations in 19 countries and supplies to more than 450 partners. Meeting Point International is part of the FTI Group, the fourth largest tour operator in Europe which provides solidness to all our partners.

Responsibilities:

Responsible for the group template implementation of FI/CO in all the Middle East companies

Managed all the project steps and activities for the SAP roll out & support in Dubai/Oman/Tunisia/Lebanon/Egypt.

Responsible for managing the project within defined time, scope, budget, and quality constraints

Handling all taxation part of countries Oman, Tunisia, Lebanon & Egypt.

Manage change requests

Design and configure complete company and country specifications.

Attending the weekly calls and involved in activity management.

End user training

Project: KROMBERG & SCHUBERT, DUBAI August 2013 – November 2013

Client: Kromberg & Schubert, Germany

Role: Sr. SAP FICO Lead Consultant

Kromberg & Schubert is today one of the global leaders in the supply of electrical systems, cables and plastic components.

The key to success is the company culture: Enthusias m and motivation to provide creative product solutions are the engines of the interdisciplinary teams, who focus their energies on recognizing trends in the market at an early stage and also on addressing the individual requirements of our customers.

Responsibilities:

Rollout of SAP for additional company – Kromberg & Schubert Middle East.

Responsible for managing the project within defined time, scope, budget, and quality constraints

Promoting statement of work documents to ensure the deliverables are achievable and that all risks are addressed

Responsible for the customization of finance module

Design and create templates for data migration.

End user training

Client: ATLAS TELECOM, UAE September 2012 – May 2017

Role: SAP Business Analyst/SAP FICO Lead Consultant

Atlas Telecom is a comprehensive regional company that delivers technology and applications in turnkey solutions to businesses and governments.

All of the systems that we design and build are developed to provide world-class communications and security solutions that are highly secure, reliable and robust. We work with a number of critical and often highly sensitive organizations that depend on the very latest technologies.

Responsibilities:

Rollout of SAP for additional companies – Dubai & Abu Dhabi

Responsible for new developments of reports. Involved in making functional specification document and testing.

Resolving issues and totally responsible for the changes requested by the business.

Complete responsible for ongoing support.

Client: MEDICLINIC HOSPITALS, DUBAI July 2012 – May 2013

Role: SAP FICO Consultant (Full life cycle implementation)

Mediclinic is an international private healthcare group founded in 1983, with operations in Southern Africa (South African and Namibia), Switzerland and the United Arab Emirates. The Company’s primary listing is on the LSE in the United Kingdom, with secondary listings on the JSE in South Africa and the NSX in Namibia. The Group’s registered office is in London, United Kingdom. Mediclinic also holds a 29.9% interest in Spire Healthcare Group plc, an LSE-listed private healthcare group based in the United Kingdom.

Responsibilities:

Getting introduced to the Business process of Mediclinic Hospitals group and responsible for the customization of the organization structure.

Actively participated in ASAP implementation roadmap consisting of project preparation, business blue printing, realization, final preparation, go-live and post go-live phases.

Special emphasis on Data Migration specifications with Legacy System Migration workbench (LSMW) for data uploads.

Making Functional Specification Documents for the required developments.

Apply SAP FICO functionality to support business needs so as to obtain competitive and strategic advantage.

Implement and support SAP Financials and Controlling to enhance the clients’ business functionality and overall performance, while maintaining a high degree of customer satisfaction.

FI-MM integration.

Prepare User manual Documentation.

Responsible for implementation of SAP, providing functional expertise, guidance, presentation and instruction on SAP products to clients.

Test the core configuration of the FICO module to evaluate the performance standards

Configuring and Customizing Primary and Secondary Cost Element in Cost Element Accounting, Creation Cost Centers in Cost Center Accounting, Internal Orders, Profitability Analysis and Profit Center Accounting sub-modules

Maintained Controlling area settings and made hierarchy and other assignments

In Cost Element Accounting created Primary and secondary Cost elements, created Cost Element Groups, Configured the reconciliation ledgers

In Cost Center Accounting (CO-CCA) created the cost centers and maintained the Standard hierarchy, assigned cost centers to cost elements. Configured Activities, Statistical Key Figures

Developed cost sheet, cycles, segments for cost center distributions and assessment to allocate manufacturing overhead cost to cost objects. Configured settlements, cost splits for Activity Price calculations. Setup internal orders and cost collector configuration

Customized order classification establishing a sophisticated system of order settlements and cost center assessment cycles. Set-up planning profile for cost center, activities, statistical key figures and cost element planning

In Internal Orders configured various internal order types, setup status profile for order type, maintained settlement rules, internal order planning, and budget profile and also set up tolerances for budget cost. defined the settlement rules, and used internal order with AUC /Capital investment projects

In Profit Center Accounting maintained the basic setting, created hierarchy, dummy profit centers, Profit center master data, profit center groups, activity types, etc. and extracted reports using PCA

Client: SCHNEIDER ELECTRIC Pvt. Ltd, AUSTRALIA August 2008 – June 2012

Role: SAP FICO Support Consultant

Responsibilities:

SAP FI Consultant for Post Go live and stabilization phase

Resolved issues relating to Payment program

Month end closing activities

Solving Integration issues

End user training

Business Signoff for the development changes

Prepare User manual documentation.

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