Sap Fico Accounts Payable

Professional Summary:

•SAP FICO Consultant with over 12 years of strong functional experience in the implementation, customization and configuration of SAP FICO module with three full life cycle implementations, with a thorough understanding of integration between other modules.

•Excellent Configuration skills in General Ledger, AP, AR, Cost Center Accounting(CCA), Profit Center Accounting, Internal Order, Profitability Analysis & Report Painter.

•Three Full Life Cycle implementations experience using ASAP methodology.

•Experience in configuration of Automatic Payment Run, Banks accounting, Foreign Currency valuation and Electronic Bank Statement (EBS), Lockbox configuration, Lockbox Processing and testing the lockbox functionality.

•Worked on Parallel Evaluation to transfer prices in case of intercompany transfers and carry this markup in the inventory ledger from the legal or local statutory rules perspective.

•Responsible for the projects for A/R and FSCM and driving the blue print discussions for both A/R, Cash application Dispute and collection modules.

•Extensive SAP experience SAP FICO module and SAP ERP applications

•Responsible for the projects for A/R and FSCM and driving the blue print discussions for both A/R, Cash application Dispute and collection modules.

•Have good knowledge on Concur which is used for travel and expense management.

•Experience working on End to End business process for Trade Payables, Trade Receivables, Inter-company Payables, Intercompany Receivables, Material Movements, Stock Transfer Orders, Scheduling Agreement.

•Experience in Functional Testing of RICEFW, Unit, Integration, Regression and User Acceptance Testing (UAT) using HPQC tool.

•Deep understanding and expertise in Taxation within SAP. Worked with multiples tools like ONESOURCE, SABRIX, VERTEX and TAXWARE.

•Specific focus is on S/4 HANA as applied to Finance (FI) and Controlling (CO), Simple Finance AKA S/4 HANA Finance Version 1610 and Process Integration areas of SAP.

•Configured Valuation areas for Material Ledger, maintained number ranges for material ledger documents and assigned currency types to material ledger.

•Expertise in Bank Accounting which includes Lockbox and Electronic Bank Statement (EBS).

•Proficient in integrating Purchase-2-Pay (PTP) within MM module.

•Proficient in integrating Order-2-Cash (OTC) within SD module.

•Experience in External Reporting and preparation of Financial Statements.

•Proficient with tools like HP Quality Center (HPQC), eCATT and Test Director.

•Ability to take on challenges and strong determination towards meeting deadlines.

SAP Technical Skills:

•ERP System: SAP R/3 4.6c, 4.7, ECC 5.0 & ECC 6.0, S/4 HANA

•Reporting tools: Report Writer, Report Painter, Solution Manager,BW, LSMW

•Other Tools: Autosys, HPQC

•Methodologies: Accelerated SAP (ASAP), SAP Best Practices Professional

•Modules Implemented: General Ledger(GL), Accounts Payable(AP), Accounts Receivable(AR), Asset Accounting (AA), Cost Center Accounting (CCA), Internal Orders, Profitability Analysis, Product Costing (PC), Cash and Bank Accounting, Financial Supply Chain Management (FSCM).

•Integration: Integration of FICO module with Sales and Distribution (SD), Material Management (MM), Production Planning (PP) modules, HR, SCM.

Professional Experience:

JELD-WEN, Charlotte, North Carolina Nov 2021- Till Date

Role: SAP FICO Consultant

Responsibilities:

•Responsible for requirements gathering, prototyping, and configuration of G/L, AR, AP modules. Responsible for standardizing and organizing the reporting structure which included development of reports using report writer and report painter.

•Worked on the payment medium for European Entities (Austria, Switzerland and Germany)

•In AR, worked on the Electronic Bank Statement (EBS), payments from multiple customers and A/R aging.

•Configure master data for GL accounts, Vendors and Customers.

•Created and changed Document Types; Configured Automatic Postings for P&L; Maintained Fiscal Year Variant; Set up Inter-company Transactions. Worked with Global, Local Chart of Accounts.

•Defined and Configured Payment Methods, Payments Terms, House Bank, Bank Accounts for AP, AR - Dunning process, Interest calculation, and Credit Management.

•Configured House bank, Automatic payment program (APP) for outgoing payments, defined house banks, bank accounts, bank directory, check lots, checks printing, voided reason codes.

•Worked on configuring General Ledger Accounts (G/L) master records.

•Configured outgoing payments for ACH, Checks, and Wire payments.

•Worked on various service request using service now application.

•End user support on the incidents created by the users.

ChampionX, Sugarland, TX Jan 2021-Oct 2021

Role: SAP FICO Consultant (Migration project)

Responsibilities:

•Worked on data migration from ECOLAB entities to ChampionX.

•Work with Business and IT partners on enhancements, changes, and fixes new system implementations, and providing day-to-day support.

•Configured outgoing payments for ACH, Checks, and Wire payments

•Worked on implementing a third party interface Onbase for AP automatic invoicing.

•Period end closing operations for foreign exchange valuations on payables/receivables and G/L account balances.

•Define Company Codes and Chart of Accounts.

•Configure master data for GL accounts, Vendors and Customers.

•Created and changed Document Types; Configured Automatic Postings for P&L; Maintained Fiscal Year Variant; Set up Inter-company Transactions. Worked with Global, Local Chart of Accounts.

•Worked on creating RICEF documents.

•Worked on Master Test Plans, Detailed project level test plans documents based on functional requirements and technical specifications.

•Tested and reconfigured the workflow processes for approvals

•Configured Inter Company Payments and Down payments.

•Created the cost centers and maintained the Standard hierarchy, assigned cost centers to cost elements. Configured Activities types, Statistical Key Figures, distribution and assessment cycles, Period end closing.

•Provide the SAP access to the users, assigning the appropriate roles and authorization to them and troubleshooting and fixing the issues related to authorizations.

Armstrong World Industries, Lancaster, PA Dec 2018 – Dec 2020

Role: SAP FICO Consultant – AP, AR, AA and COPA

Full life cycle implementation

Responsibilities:

•Responsible for requirements gathering, prototyping, and configuration of G/L, AR, AP modules. Responsible for standardizing and organizing the reporting structure which included development of reports using report writer and report painter.

•Worked on the payment medium for European Entities (Austria, Switzerland and Germany)

•In AR, worked on the Electronic Bank Statement (EBS), payments from multiple customers and A/R aging.

•Have experience in S4 HANA contract and lease management.

•Good working knowledge of the Central Finance scenario in Simple Finance in a distributed system landscape in SAP S4 HANA 1709. Configuration of SAP CRM with SAP S/4 HANA Finance and SAP Solutions.

•Creation and enhancement of SAP S4 HANA 1610 Web-based applications with emphasis on data modeling.

•Led the various phases of SAP S4 HANA 1610 and 1510 Enterprise Management Implementation using ASAP methodology.

•Configured outgoing payments for ACH, Checks, and Wire payments.

•Analyzed the existing credit control process of the business process and defined the credit control structure in SAP on Credit Management using FSCM.

•Worked on interface related to ACH payments, Payment Confirmation and Check Encashments.

•Created product cost collectors at production version level in repetitive manufacturing, defined order types, results analysis keys, configured costing and valuation variant for preliminary and simultaneous costing.

•Configured Valuation areas for Material Ledger, maintained number ranges for material ledger documents and assigned currency types to material ledger.

•Have good knowledge on Concur which is used for travel and expense management.

•Period end closing operations for foreign exchange valuations on payables/receivables and G/L account balances.

•Configured revenue based method with profit realization

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

•Designed and configured credit management settings and credit card settings from Accounts receivable perspective.

•Configured cost center accounting, profit center accounting, and internal orders.

•Training and Documentation of all relevant process UAT (User Acceptance Testing), Integration Testing, Test Scripts arranging and coordinating the testing activities, Trouble Shooting. Cut off procedures along with uploading and tallying of legacy assets and the future depreciations etc. Support and Maintenance of the System.

Honda, Marysville, OH Aug 2018- Nov 2018

Role: SAP FICO Consultant

Responsibilities:

•Configured A/R & A/P account groups, interest calculation types, interest indicators, accounts for item interest calculations, check lots, payment terms, and bank determination for all payment transactions, tolerance groups and credit limits for customers.

•VIM workflow trigger implementation, VIM Parking and block reason enhancement, Invoice approval process design and implementation, preparation of Functional design documents, configuration EDI/IDOC for Open Text, Enhancing the VIM approval classes, Design and write the test cases and Training the end-user and IT resources.

•Used LSMW for uploading of G/L, customer and vendor master data.

•Worked with SME’s and identified standard solution to fit global template (Localization – Europe and North America)

•Defined credit control areas and dunning Areas, configured country/company code specific payment methods, manual incoming/outgoing payments, open item clearing, credit memos, partial payments, installment payments, residual payments, claims and disputed payments, reason codes and discounts, account assignment model for recurring entries.

•Defined Automatic Payment Program for outgoing payments for company codes in A/P with check printing and ageing analysis. Maintained exchange rate gain/loss accounts for the respective keys

•Included configuration and business processes for Cross Company Payments, Lockbox, ACH Payments and Bank Statements.

•Worked on down payment processing.

•Worked on integration between MM and FI. Configured automatic account assignments for GR/IR clearing accounts.

Force point, Austin, TX Mar 2016 –July 2018

Role: SAP FICO Consultant – AP, AR, AA and COPA

Full life cycle implementation

Responsibilities:

•Provide critical support and direction for SAP systems used in the different modules of SAP like Order to Cash(OTC), Procure to Pay(PTP), Record to report, Security and authorizations, Data migration, as well as an understanding of systems, databases, interfaces, and the SDLC.

•Work with Business and IT partners on enhancements, changes, and fixes new system implementations, and providing day-to-day support.

•Maintains on-going interaction with internal business partners and other functional areas relating to objectives, deliverables, and support within processes of Sales, Finance and Procurement.

•Understand present and to-be business processes to facilitate compatible short- and long-term system solutions.

•Manages implementation of new systems, upgrades, service packs, fixes, enhancements, and process changes by coordinating and conducting testing with IT and end users to ensure applications are functioning as designed.

•Defined and Configured Payment Methods, Payments Terms, House Bank, Bank Accounts for AP, AR - Dunning process, Interest calculation, and Credit Management.

•Configured FI-Bank: House Bank and Check Management, Cash Journal

•Supervised and supported the end user in AR-customer transactions, payment terms, Cash application, Lockbox processing, Cash receipts, Credits, and Collections

•Configured General Ledger Accounts (G/L) master records.

•Activated New G/L, leading ledger and parallel ledger for the possibility of parallel accounting according to the US GAAP.

•Created reconciliation accounts for A/P and A/R.

•In Asset Management configured asset classes, master depreciation and other business transactions. Fixed asset accounting, reconcile asset management to GL.

•Defined additional account determination to default cost centers, profit centers and profitability analysis (COPA) for postings to cost element.

•Defined chart of depreciation, various depreciation areas and depreciation keys, required asset classes, number ranges, revaluation settings etc. in Asset Accounting.

•Worked on blue printing of Tax system migration from Tax ware to Vertex.

•Manages creation of the security roles and authorizations based on the segregation of duties as per the organizational assignment.

•Configuration of Asset Accounting with Integrating of PS

•Provide the SAP access to the users, assigning the appropriate roles and authorization to them and troubleshooting and fixing the issues related to authorizations.

•Assists in the integration of various systems with SAP via middleware to send and receive various data elements.

Bob’s Discount Furniture, Manchester, CT Mar 2015–Mar 2016

Role: SAP FICO Consultant – AP, AR, GL, COPA and IO

Responsibilities:

•Preparation of Blue Print by reengineering the system to fill the GAP between the existing system and to the TO-BE system, gathering business requirement, mapping processes to SAP R/3 functionality, and collecting master data.

•Defined G/L account groups and assigned number ranges to these account groups.

•Worked extensively in Configuration, Customization of GL, AR and AP.

•Worked extensively on Open items management, Automatic Payment Program for outgoing payments in Accounts Payables (AP).

•Customer master record maintenance, account group maintenance, payment terms.

•Dunning procedure was configured with four dunning levels to expedite payment cycle.

•Analyzed the "AS-IS" business processes and how transactions were posted into SAP to determine necessary changes for proper inter-company (I/C) cash flow tracking and reporting. and loan transactions to monitor and reconcile I/C cash liabilities and repayments.

•Configured Open Text Vendor Invoice Management (VIM) to streamline accounts payable operations.

•Designed and blueprinted a specialized In-House Cash (IHC) solution for centralized payments and inter-company settlement.

•Responsible for customizing of payment methods, payment terms, cash discount automatic postings, bills of exchange and doubtful receivables postings. Designed and configured Payment program, electronic bank statements(EBS) for payments such as direct debits, check and bank transfers.

•Customer Invoice processing, defining customer tolerances, write off amounts within tolerances with reason codes for underpayment/ overpayment.

•Created the Business Process Blue Print documents for processes in PCA, CCA, IO, COPA, CO-PC and Inter Company related scenarios.

•Configured House bank, Automatic payment program(APP) for outgoing payments, defined house banks, bank accounts, bank directory, check lots, checks printing, voided reason codes.

•Maintained settings for foreign currency translation & Exchange rate gain automatically / loss post.

• Redefined a robust cash management integration with Loans Management for cash reporting.

• Configured and customized the Asset accounting. Configured chart of depreciation, depreciation areas, asset classes, asset class account determination, calculation keys, depreciation keys, transaction types, acquisitions, and retirement.

•In Profitability Analysis (CO-PA), created the characteristics and value fields, defined derivation structures and rules, maintained derivation table, and profitability segments used in profitability analysis.

•Configured FI-MM integration setups (Automatic Account Determination). Certain changes were made in these set ups to assign the proper GL Accounts to the valuation class. New Stock Accounts were created to get a correct analysis.

•Involved in the configuration, testing and the users training of these modules extensively. Configured Sites in IS Retail & maintained relevant FI/CO configuration. Configured FI-SD Integration involving Revenue Account determination, Access Sequence and other areas of Pricing.

•Configured Inter Company Payments and Down payments

•Worked on FI Integration with MM and SD.

Takeda Pharmaceuticals, Lincolnshire, IL Aug 2013-Mar 2015

Implementation: Accenture

Role: SAP FICO Analyst

Responsibilities:

•Involved in preparation of functional and technical specifications for the new custom

•developments.

•Reviewed existing Business Process Procedures and requirement analysis, Test Plan, Test Scope, and Test strategy, Work plan, Test Environment, Test Design and Execution of Testing Tools.

•Worked on SAP Functional Testing, SAP integration using HPQC. Hands on experience on back end testing.

•Preparation of test plans, which specify testing overview, testing approach, testing strategy, roles & responsibilities and scope of testing

•Created Test Data for Auto Cash functional testing three different payment types

•Worked on Master Test Plans, Detailed project level test plans documents based on functional requirements and technical specifications.

•Tested and reconfigured the workflow processes for approvals

•Worked on HPQC for generating the test scenarios on the modules like AP, AR and GL.

•Created LSMW’s for GL account uploads, vendors master data uploads, cost center uploads.

•Performed testing for substitution rule, GR/IR postings, various customized reports, and helped users in Integration testing during Upgrade Projects.

•Generated financial reports using the BW query for month end.

•Worked on SAP BW, SD MM and, FI Modules involved in designing of data flow from R/3 to BW responsible for deployment, validation and integration testing.

•Executed and tested F.2A program selecting appropriate output report and appropriate

•Document type DI was posted against the customer record that when execute FBL5.

•Tested the documents created in the O2C process.

Halliburton Company Houston, TX Sep 2011-Aug 2013

Project: SAP Support and Projects – Consolidation.

Vendor: Accenture

Role: SAP FICO Consultant

Environment: SAP ECC 6.0, SAP SRM.

Responsibilities:

•Application support and requests (changes/enhancements) in the areas of General accounting, accounts payable and receivables and fixed assets - Problem analysis includes replicating issue, perform root cause analysis and if the resolution is a major development or configuration fix, prepare functional specification to resolve the issue.

•Co-ordination of problem tickets with offshore resources (functional as well as technical) to ensure that the tickets are resolved within the stipulated SLAs.

•Responsible for supporting Record to Report (RTR), and SAP FI-SD, FI-MM modules on daily basis.

•Payment Medium Workbench (PMW) – created new DMEE structure for Citibank payment, HSBC Net (in xml format).

•Mexico accounting project to meet the Mexico legal requirements to accommodate UUID’s and RFD numbers on SAP invoices from vendor XML invoices.

•Colombia GAAP and IFRS statutory Project – allocation of additional costs such as freight, duties, VAT taxes, Insurance to inventory account and Asset Value to meet the Colombian legal requirements.

•Worked on regulatory tax changes for European countries like Slovakia, Italy, and CZ.

•Period End and Year End Closing activities – bad debt, revenue accrual, settlement, depreciation, recalculation of depreciation, period postings etc.

•Enhancements and support towards FSCM, Vendor Invoice Management and BRAINWARE OCR application.

Fonda Group, Valhalla, NY Oct 2009 – Sep 2011

Role: SAP FICO Consultant

Responsibilities:

•Defined chart of accounts and basic configuration of system in areas of global settings, organizational structure, company code definition, and taxes with jurisdiction code levels, account groups, field status groups, open item clearing and generating reports.

•Configured the G/L accounts, Vendor and customer master data.

•Defined automatic payment program, check management, defined settings for invoices and credit memos.

•Configure Controlling Area, and also Profit Center and Cost Center hierarchies.

•Define Primary and Secondary Cost Elements, Distribution and Assessment Cycles, and also Dummy Profit Center.

•Define Activity Types and Statistical Key Figures.

•Configure Order Types, Orders and also Order Settlement to both CCA and PA.

•Define Operating Concern, Profitability Segments, Characteristics and value fields for Costing-based Profitability Analysis.

•Provide user training on new configuration and reporting to management and business groups.

DSM Catalyst Pharmaceuticals, NC Aug 2008 – Sep 2009

Role: SAP FICO Consultant

Full Life Cycle Implementation

Responsibilities:

•A thorough study of Activity flow & AS IS documentation and resultant BPR studies documented for TO BE blueprints

•Configuring FI/CO covering GL, A/R, A/P including company code settings, documents (FI & CO), number ranges, chart of accounts, GL master data, field status group, fiscal year variant, posting period variant, special purpose ledger setup

•Mapped existing report package to the delivered SAP reports for FI and CO modules.

•Maintained the basic setting, created hierarchy, dummy profit centers, Profit center master data, profit center groups, Profit center assignment (material, GL accounts).

•Set status profile for order type, maintained settlement rules, internal order planning, and budget profile and also set up tolerances for budget cost.

•Created the cost centers and maintained the Standard hierarchy, assigned cost centers to cost elements. Configured Activity types, Statistical Key Figures, distribution and assessment cycles, Period end closing.

•Configured material cost estimate with quantity structure, costing variant, cost component structure, BOM and route settings required for costing the product.

•Defined Costing Sheets and Cost component structure.

•Defined Costing variant and Valuation variant.

•Worked extensively on order-based product costing configuration and configured costing runs and actual costs posting

•Configured operating concern attributes, and the COPA settlement structure with the settlement rules, to populate the value-to-value fields in COPA.

•Used COPA to report profitability by customer, product, and market

•Performed Fiscal year change, Yearend closing procedures and activities

•Trained Key Users as well as End Users on FI-CO Module and Prepared Documentation of various procedures.

Bharath Heavy Electrical Limited (BHEL), India July2007 – Aug 2008

Role: SAP FICO Consultant

Responsibilities:

•Define Company Codes and Chart of Accounts.

•Configure master data for GL accounts, Vendors and Customers.

•Created and changed Document Types; Configured Automatic Postings for P&L; Maintained Fiscal Year Variant; Set up Inter-company Transactions. Worked with Global, Local Chart of Accounts.

•Customized reports for open items, credit overview and account analysis.

•Set up Reason codes to charge off differences/grant additional cash discounts and account for collection.

•Setup and assign the accounts for MM and SD integration.

•Configured Outgoing payments- Manual Payments, configuration, Payment differences, Exchange rate differences, Payment advices, Payment Proposal, Payment Run, Payment media Involved in the unit testing and integration testing phases of the project. Resolving all the issues in integration and unit testing by redefining the processes. And worked on check management.

•Configured house bank and bank accounts, automatic interest calculations on account balances/line items, Customer Master Records, account groups, tolerance groups for Account receivable.

•Controlling module – comprising of General Controlling, Cost Center Accounting (CCA)- developing the Cost Center Hierarchy, creation of Cost Elements- Primary & Secondary, Assessment and Distribution of costs, developing necessary reports for Cost Center Analysis, budgeting.

• Appreciating the intricacies of Plant Maintenance (PM- Module) with Controlling and ensuring the accuracy of costing for Maintenance Order

Educational Qualification:

•Bachelors of technology, Hyderabad, India.

Contact this candidate