Sap Fico Accounts Payable
Resume:
Prabhakar Rao M
SAP FI/CO Functional Consultant
An accomplished professional with functional experience of 17 years and SAP experience of 6 years in fields of Finance/Accounts/Controlling/Taxation/SAP FICO Implementation; targeting assignments with a leading organization in USA with valid Work VISA.
Executive Profile
23 years in Accounts/ Finance /MCA /Taxation /SAP FICO/Manufacturing in various positions including:
o 4 year as Functional Consultant in SAP FICO 2 Implementation project on ECC o 2 years as Functional Consultant in SAP FICO 3 support project
Led full lifecycle implementation of SAP FI/CO Module (New General Ledger, Accounts Payable, Accounts Receivable, GST, Withholding Tax, Bank Accounting, and Asset Accounting, Cost Centre Accounting, Profit Centre Accounting and Internal Order Management)
Provided Pre-Sales support in the evaluation of Accounts Payable (AP) automation solutions including requirements gathering to final selection, Request for Quotation
(RFQ) creation, business case preparation and presentation to stakeholders for final project approval
Implemented New General Ledger (GL), activated New Ledger, performed Document Splitting, Parallel Accounting, Periodic Processing, Automatic Account Determination, Goods Receipt (GR)/ Invoice Receipt (IR), Down Payments, & so on
Designed, documented, and executed the data cutover strategy to migrate legacy data into the SAP Application including data identification, mapping, collection, cleansing and data loading, working with business and project resources to define data conversion rules
Extensive experience in top stakeholder management across client facing lead roles
Facilitated the implementation and support of SAP modules to enhance business functionality; liaised with implementation consultants and business for design, configuration and testing of SAP FICO in new group companies SAP FI/CO Skills
Implementation Cycle: Discussion and finalization of Organization Structure, Business Process Flows, Business Blue Print, Functional Specifications, Test Scripts, and End-User Training Manuals
Financial Accounting – Company Code, Business Area, Document control, Fiscal Year Maintenance, Field Status Group, Finalization of Chart of Accounts, Foreign Currency, Tolerance Groups for GL, GL Master, Park Document, Hold Document, Recurring Documents, Document Splitting, Non Leading Ledgers
Accounts Payable - Vendor Master Data Configuration, Tolerance Group, Automatic Payment Program, Invoice, Credit Memo, Check Management, Down Payment, Integration with MM Module and End-to-end P2P Cycle (Procure to Pay)
Accounts Receivable – Customer master data configuration, Terms of Payment, Open Item Management, Dunning, Invoice, Credit Memo, Down Payment, Interest Calculation, Integration with SD Module and PRODUCTION Module and End-to-end O2P Cycle (Order to Pay)
Asset Accounting – Asset master data, Organization structure, Chart of Depreciation, Depreciation area and key, linking with GL Valuation Methods, Depreciation key, Depreciation Run, asset acquisition, write-off, Information system
RAR : Reveue Accounting and Reporting.
Cost Element Accounting (CEA) – Cost Element Group, Assignment of Cost Elements to Group, Actual Postings, Information System Chicago - USA
7170317
*********@*****.***
linkedin.com/in/prabhakarm
Key Impact Areas
SAP FICO Implementation
Pre-Sales Support
Business Process Mapping Process
Standardization
Project Requirement Gathering
Training / Integration Testing
Cutover Strategy
Master Data
Accelerated SAP (ASAP)
SAP Activate
End-User Training
Go-Live / Post-Implementation
Support Batch Data
Communication (BDC)
Implementation Guide (IMG)
Project Management using JIRA
tool and Implementing Agile
Methodologies.
Soft Skills
Change Agent
Collaborator
Communicator
Planner
Leader
Strategist
Education & Credentials
M.Com. from Andhra University,
Visakhapatnam in 1992
B.Com. from Andhra University,
Visakhapatnam in 1989
MBA Finance from IGNOU in 2007
Personal Details
Date of Birth: April 17th, 1969
Languages Known: English, Hindi
& Telugu
Cost Centre Accounting (CCA) – Cost Centre Hierarchy, Actual Postings, Periodic Reposting, Distribution, Assessment, Information System
Internal Orders & AUC – Order types, creation, expense booking, status management, settlement, planning, actual postings, year-end closing, information system and settlement of asset under construction
Production Cycle – Production Order, Standard costing, Actual Cost of Production, Work in process (WIP), Settlement of WIP, Cost of Goods Manufacturing CGM
Profit Centre Accounting (PCA) – Created profit center, maintained automatic account assignment of revenue element, selected additional B/S & P&L A/C – Account groups
COPA: Controlling and Profitability Analysis.
IFRS: International Financial Reports and Standards.
GST & Withholding Tax: Implementation of complete GST and Withholding Tax configuration.
Integration - FI-MM, FI-SD integration
FSV - Financial Statements Versions with in-depth understanding of GAAP
Reconciliations - Knowledge in Intercompany Postings/Reconciliations, FI-CO reconciliations
WRICEF, LSMW, IDOC.RAR, IFES, COPA.
Accelerated SAP, SAP Activate.
Knowledge in Project management using JIRA tool and Implementing Agile Methodologies
Professional Experience
YASH Technologies Pvt Ltd – Hyderabad - India
May 2022 to Aug 2022
Growth Path:
May 2022 to Aug 2022
Role:
As FICO R2R Lead
Working as a R2R Lead in support project.
Resolving tickets in various areas in R2R related and FIORI app reports.
Understanding the requirements raised by end user and checking the feasibility to develop new changes
Rendering assistance to the users while testing at UAT environment and FIORI app training.
Supporting the technical team in understanding the functional concept; participating in developing new programs and forms
Updating the status reports.
Addressing to case within the time specified in the SLA on severity basis
Documenting current business processes
Determining the gap between As-Is and To-Be processes
Part of Functional Testing and Integration Testing
Assist to preparing end-user training document
RAR, IFRS.
Working on EHP and SAP Upgrades to ensure the all FI transactions working well EWG IT Consultancy Services Pvt Ltd – Hyderabad – India. Apr’2016 to May 2022
Growth Path:
Apr’2016- May 2022: FI/CO Functional Consultant
Role:
As FI/CO Functional Consultant:
Working as a Functional Consultant in Implementation of the SAP FICO project and worked as Functional Consultant for Support
Key impact Areas
SAP S4 HANA R2R Lead
Incident Monitoring
Incident resolve
User communication
FIORI app training
Status Reports.
Key impact Areas
SAP FICO Implementation
P2P, O2C Configuration
Asset Accounting
New GL
With Holding Tax
GST
ASAP
FSV
Presales Support
Blueprint.
Business Process Mapping
Managing the delivery of business change and readiness, working closely with the business to ensure solution delivery at a high quality
Delivering integrated SAP FICO solutions through analysis and mapping of end-to- end business processes while working with business process owners/multiple stakeholders and other team members
Implementing Procure-to-Pay Processes along with Asset Accounting, Accounts Receivable and General Ledger accounting including new General Ledger (GL) migration, GST and Withholding Tax.
Owning the complete Finance/Controlling module solution including prototyping, blueprinting, design, build, test, documentation, cutover, go-live and post go-live support
Ensuring adherence to standard SAP best practices and business process mapping
Engaging with stakeholders to identify opportunities for business process simplification / optimization and sustainable solutions
Liaising with business users in identifying the existing business process; providing Subject Matter Expertise in Accounting, Finance and Controlling configurations of SAP FICO
Leading the implementation and support of SAP FICO solutions for customers based across different geographies
Amaze Pharmaceuticals Limited, Hyderabad – India.
Oct’08-Mar’16: Executive Director
As Executive Director:
Established Amaze Pharmaceuticals Limited as a promoter in October 2008
Ensured Company Incorporation, MCA Filings, Project Report Preparation, and arranging Finance for project
Led end-to-end business process including Finance/Accounts/Statutory requirements (VAT/CST/GST/TDS/Income Tax/Other Statutory Departments)
Participated in Material Management/Production Department/Sales & Distribution, Vendor Payments and Customer Payments
Managed Procurement of Raw Materials, Packing Materials and Finished Goods Life Cycle Management
Engaged in new product design/trade mark registration/brand name/ marketing Strategy/marketing campaigning and promotions
Monitored marketing team activities, conducted periodical meetings, budget preparations, budget Vs. actual variances analysis
Conducted annual marketing meetings in different territories
Updated Management Information System to Board of Directors Selected Achievements:
Advised on how new business requirements would fit within SAP by taking measures
Monitored the Industry Specific (IS) delivery of all financial processes in relation to highly complex inter & intra company sales and purchases of goods and services within the new operating model
Established exclusively cephalosporin products export oriented manufacturing unit, joint venture with leading Bangalore based Pharma Company who was the leading supplier to GSK International Market
Srivathsa Power Projects Limited – Hyderabad - India Apr 1999 - Sep’08: General Manager Finance
As General Manager - Finance:
Ensured Company Incorporation, MCA Filings, Project Report Preparation, and arranging Finance for project
Key Impact Areas
Promoter of Amaze
Pharmaceuticals Limited
SPOC end to end business.
Accounts/Finance
Material Management
Sales and Distribution
Production planning.
Marketing planning
Financial Information
Funding
Statutory Regulations
Sales Tax
GST
Income Tax
Drug Department
Auditing & Finalization
Ministry of Company
Affairs
ISO Certifications.
Trade mark Registrations.
Legal Department .
Management Information
System.
Key Impact Areas
Operations Finance/Accounts
Banking
Receivables/Payables
Procurements
Inventory Management.
Oversee the Financial Operations of the Company.
Establish and Implement the financial Procedures and Operational Best Practices.
Responsible for all Statutory requirements, Regulations VAT/CST/GST/TDS(With Holding Tax) / Income Tax/Other Statutory Departments
Management Information system/ Internal Audit/ Certification Audits/ Information gathering and summarizing for tender participations.
Manage the Budgeting & Forecast the process, Implement Budget Control.
Develop the Performance measures that support the Company’s Strategic direction.
End-to-end business process including Finance/Accounts/Material Management and Day to Day activities.
PROJECT ANNEXURE
Project: SAP Support Project
Client: Mundi Pharma UK
Company: Yash Technologies Pvt Ltd
- Period May 2022 to Aug 2022
Scope: Support / Enhancements
Environment S4 HANA
KRAs:
Resolving tickets in various areas in R2R related to FIORI app reports.
Understanding the requirements raised by end user and checking the feasibility to develop new changes
Rendering assistance to the users while testing at UAT environment and FIORI app training.
Supporting the technical team in understanding the functional concept; participating in developing new programs and forms
Addressing to case within the time specified in the SLA on severity basis
Status reports of incidents.
Determining the gap between As-Is and To-Be processes
Part of Functional Testing and Integration Testing
Assist to preparing end-user training document
RAR, IFRS.
Working on EHP and SAP Upgrades to ensure the all FI transactions working well Statutory Regulations
Sales Tax
Income Tax
DGFT
MCA
TDS (With Holding Tax)
PF/ESI
Auditing.
Certifications audit.
Project: SAP FICO Implementation
Client: Allied Pharma.
Company: EWG IT Consultancy Services Pvt Ltd
Scope: Implementation
Period June’2020 to Dec’2021
Position: Functional Consultant
Environment SAP E.C.C 6
About the Client : Allied Pharma is the leading institutional supplier of all health care products in the state Of west Bengal with network of 25 branches and 100+ users. KRAs:
Facilitating:
o The implementation and support of SAP FICO (Focus on FI: - Organization Structure, FA, AP, AR, AA, FSV and GST) Workshops for business requirements
Meeting key user from client for understanding the business scenarios
Mapping business requirements, processes and objectives; developing necessary product modifications to satisfy the needs
Designing, customizing, configuring and testing FI Modules
Determining gaps, issues and coming up with solutions
Acting as a liaison with company for troubleshooting by investigating, analyzing and solving problems
Participating in:
o Document functional design, test cases and results o Integration aspects of FI-MM, FI-SD
Proactively identifying and proposing system enhancements and/or business process
Providing key information on both, new implementation and existing support projects
SPOC between the business functions and technical team
Engaging in creating end-user training material and imparting training to end-users
Performing as a Subject Matter Mentor to junior members
Collaborating with Technical & Functional Consultants of other modules to resolve cross – functional issues
Providing Functional Specifications in developing the Customization reports Project: SAP FICO Implementation
Client: Serin Formulations Pvt Ltd
Company: EWG IT Consultancy Services Pvt Ltd
Scope: Implementation
Period August’2018 to Jan’2020
Position: Functional Consultant
Environment SAP E.C.C 6
KRAs:
Facilitating:
o The implementation and support of SAP FICO (Focus on FI: - Organization Structure, FA, AP, AR, AA, FSV, GST and Withholding Tax)
Meeting key user from client for understanding the business scenarios
Mapping business requirements, processes and objectives; developing necessary product modifications to satisfy the needs
Designing, customizing, configuring and testing FI/CO Modules
Determining gaps, issues and coming up with solutions
Acting as a liaison with company for troubleshooting by investigating, analyzing and solving problems
Participating in:
o Document functional design, test cases and results o Integration aspects of FI-MM, FI-SD.
Providing key information on both, new implementation and existing support projects
SPOC between the business functions and technical team
Engaging in creating end-user training material and imparting training to end-users
Performing as a Subject Matter Mentor to junior members
Collaborating with Technical & Functional Consultants of other modules to resolve cross – functional issues
Providing Functional Specifications in developing the Customization reports Project: SAP FICO Support Project
Client: Venkateswara Logistics Pvt Ltd
Company: EWG IT Consultancy Services Pvt Ltd
Period June 2017 to May’2018
Scope: Support / Enhancements
Environment SAP E.C.C 6
KRAs:
Resolving tickets in various areas in FI module like General Ledger, Accounts Receivable, Accounts Payable and Asset Accounting
Understanding the requirements raised by end user and checking the feasibility to develop new changes
Rendering assistance to the users while testing at UAT environment
Supporting the technical team in understanding the functional concept; participating in developing new programs and forms
Addressing to case within the time specified in the SLA on severity basis
Participating in Master Data Conversion for cost center, profit center, internal order and loading G/L account, AR, AP and asset accounting data using LSMW and cost center planning
Documenting current business processes
Determining the gap between As-Is and To-Be processes
Gathering documenting requirements during Workshops, Business Blueprint
Part of Functional Testing and Integration Testing
Preparing end-user training document
Working on EHP and SAP Upgrades to ensure the all FI transactions working well
Providing the KT for New Users for FI Processes
Managing month-end closing activities
Project: SAP FICO Support Project
Client: Matrix Labs
Company: EWG IT Consultancy Services Pvt Ltd
Period June 2016 to March’2017
Scope: Support / Enhancements
Environment SAP E.C.C 6
KRAs:
Resolving tickets in various areas in FI module like General Ledger, Accounts Receivable, Accounts Payable and Asset Accounting
Understanding the requirements raised by end user and checking the feasibility to develop new changes
Rendering assistance to the users while testing at UAT environment
Supporting the technical team in understanding the functional concept; participating in developing new programs and forms
Addressing to case within the time specified in the SLA on severity basis
Documenting current business processes
Determining the gap between As-Is and To-Be processes
Part of Functional Testing and Integration Testing
Assist to preparing end-user training document
Working on EHP and SAP Upgrades to ensure the all FI transactions working well 29/08
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