SAP FICO Consultant with Simple finance

RAKESH SHARMA                                          SAP FICO
SAP FI- Certified consultant                                           
 
E-Mail: sap.rakeshfico@gmail.com

Aspiring for challenging in SAP FICO Implementation with a growth-oriented organization of high repute
 
Summary

• Certified SAP FICO functional consultant Over all 7 years of experience including 5 years plus years as SAP R/3 FI/CO consultant
• Expertise in configuration and customization of FI (GL, A/P, A/R, AA,SPL)
• Strong working knowledge in Controlling (CCA, OM, IO, PCA, PC) and B/W modules
• Extensive experience Two Full life cycle large implementations in SAP Configuration
• Strong Post Implementation support 24/7
• Excellent communication and inter personnel skills. Proven ability to work independently and team environments
• 2 complete implementation lifecycles.

• Worked in Full life cycle implementations, Rollouts, Support and Upgrade projects.
• Extensive experience in configuration and testing of FI/CO modules -GL, AR, AP, Fixed Assets, Treasury , Cost Center Accounting (CO-CCA), Internal Orders and Profitability Analysis (CO-PA). Product costing (CO-PC) and Special purpose Ledger
• Integration of FI with MM and SD with Procure to Pay and Order to cash Cycles
• Reporting tools like Report Painter, Report Writer
• Through understanding of a customized SAP system
• Through understanding of SAP system from business process, cross functional and integration view points
• In-depth knowledge in configuration, implementation, ASAP methodology, system design and development and gathering user requirements
• Experience in Blueprint, Configuration, Unit, Stress, Volume, Regression, User Acceptance and Integration Testing, Training, Documentation and Production support.
• Special emphasis on Data Migration specifications with BDC, Legacy System Migration workbench (LSMW) for data uploads for various SAP Projects Extensive experience in developing specifications for Interfaces and Custom Reports
• Good knowledge in ABAP debugging techniques to work with user-exits and cross applications

• New Architecture – Universal journal as a single source.
• List of tables replaced by compatible views
• Customising functionality fiori launcpad.
• Postings to extension ledger
• Managing supplier line items,Creating Incoming invoices,Manage journal entry
• General Ledger- New tables added and fields added in tables
• Creation of customer & vendor with Business partner
• Changes in New GL configuration
• Cash Management configuration
• Front end application SAP Fiori
• Asset Accounting configuration changes with New GL- SAP Simple finance

• Analyzed the existing legacy system; gathered functional requirements through user meetings, gap analysis, and participation in process improvement teams; produced the functional requirements document
• Designing business processes and identified areas to streamline processes in multiple functional areas. The scope of the work and responsibilities involved relating to SAP – Finance (FI)) and controlling (CO) modules
• Optimized integration of business process within FI, TR, CO, MM, SD, and PS modules.
• Developed complex business design for all FI/TR/CO process incorporating gaps, interfaces, reports, enhancements and data conversions from the legacy system
• Configured General Ledger – Created Master records, accounts groups, number ranges and G/L accounts for each company code, accounts maintenance and preparation to master files
• Customized screen layouts for document entry at account/document levels. Defined fiscal year variant, posting period variant, customized field status variant, customized line layout, sort variant, and total variant
• Involved in designing the tax solution for the client involving 16 European countries and 3 North American countries
• Defining the Tax procedures and integrating it with the accounting system. The scenarios covers INTRASTAT / EXTRASTAT processes,
• Configured and customized validations and substitution rules for documents, recurring entries, correspondence, taxes, and currencies
• Configured interest calculation on account balances and line items
• Customized bank related accounting, bank master data, house banks and G/L accounts in different currencies for each bank account and Electronic Bank Statement(EBS)
• Configured and Customized Cash Management including Bank statements, Payment Programming, Payment Advises, Liquidity Forecasts, Bills of Exchanges
• Configured and customized Asset Accounting Module – Copied country specific chart of Depreciation and configured depreciation areas, defined assets classes, account determinations, screen layout key,  allocate number ranges to assets classes , Down Payment configuration for Assets, and uploading of assets from Oracle Financials (Legacy) to SAP
• Defining the classes of assets, capitalization procedures and depreciation calculations. The actual procurement of assets, inter / intra-company transfer of assets, asset retirements, asset shutdowns and asset capitalizations are also designed to include all the possible business scenarios. The accounting and legal aspect of the asset management is also in-built while designing the system
• Used LSMW for master data transfers, created reports using the report writer and report painter in CO-PA
• Helped in month end and year closing activities

• Configured for vendors subject to withholding tax, interest calculations on item \ balance interest calculation, number ranges for forms, interest on arrears, account balance calculation on account balances / line items
• Defined expense accounts, revenue accounts for realized exchange rate difference, differentiated the accounts by currency, exchange rate gains, exchange rate losses and then posted to separate accounts for the individual currencies and foreign currency valuations
• Created and defined credit control areas to company code including pre-defined credit limits for customers
• Configured dunning program, dunning levels, dunning areas and dunning forms for each company at company code level
• Involved in the basic implementation and development of Blue Prints for the entire project lifecycle related to MM module covering the full “Procure to Pay” business process
• Transaction Data Configuration & Processing Invoice Verification (MIRO – LIV): Maintained Invoice Receipt Tolerance Limits, Reductions in invoice, credit memos and Evaluated receipt settlements (ERS)
• Configured and customized integration links between FI/CO/SD/MM/PP to optimize transaction processing
• Developed a training plan and communicated with the client team on a regular basis to ensure successful execution of the plan

• 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

• SAP FI Consultant for implementing SAP FI/CO Module.
• Colluded with the Key users to study and understand the existing business procedures and documented the “As-is processes”
• Mapped the processes onto the SAP system and also prepared the “To-be processes” document
• Configured the FI and CO settings on the development server and transported onto the testing and ultimately to the production server after successful testing by users

1. Configured Financial Accounting Global settings: Key settings being Company Code, Business Areas, Fiscal Year Variant, Document Types, and Document No. Ranges, Validations, Tax on Sales and Purchases
2. Configured Extended Withholding Tax Settings
3. G/L: Masters, and in business transactions-open item clearing, integration, Validations, etc.
4. FI-AR, FI-AP: Masters, Open Item processing settings, Transactions – Incoming Invoices/Credit Memos (terms of payment), Outgoing Payment, Incoming Payment, Dunning, Open item Clearing, Down-payment received, Down-payment made, Bill of Exchange Special G/L accounts (other reconciliation accounts). Configuration of Interest Calculation
5. Bank Accounting: House Banks. Transactions- Check Deposit, Payment Transactions (manual bank statement)

• Controlling

1. General Controlling – Controlling Area
2. Configured Cost Element Accounting
3. Cost Center Accounting – Enterprise organization, Master data – Cost Centers, Activity types, etc.
4. Internal Orders – Order master data – Order types, Settlement, Settlement profile, etc.
5. Product Costing: Performed material costing with cost estimate using quantity structure. Costing runs with bifurcation into variable and fixed cost. Analyzed costing runs. Analyzed BOM and materials type. Inventory valuation.

• Tested the settings on the development server and transported the settings onto the testing server for user testing and confirmation, and transported into the production server after user confirmation.
• Creating custom Reports on AR and AP by giving functional specifications to the ABAP team for development
• Data-up load, by using ABAP designed BDC programs, Account assignment modules & LSMW.
• Documented the processes using standard templates
• Imparted User-training on AR and AP processes

• Ticket resolution
• Responsible for detailed problem determination of issues escalated from Level-1
• If the resolution is a major development or configuration fix, provide the necessary change detail
• Able to understand both the standard application features (i.e. out of the box functionality) as well as the detailed components of the customized features.
• Resolved issues relating to   Payment program

• Master in Computer Science from M.D University, Rohtak in 2008
• Post Graduate Diploma in Computer Application

 
PERSONAL DETAILS

Date of Birth:                 28^th May 1984
Languages Known:         Hindi and English
Visa status:                   US (B1/B2)