Top 20 SAP FICO Jobs- Rahway, NJ (Hybrid) – Long Term – Lorven Technologies Inc. Quick apply

SAP FICO (Financial Accounting and Controlling) professionals are responsible for managing financial processes and data within the SAP ERP system. Here are the top 10 common job responsibilities for SAP FICO roles:

1. Configuration and Customization:
   • Configure and customize SAP FICO modules to meet the specific financial and reporting requirements of the organization.
2. General Ledger Accounting:
   • Manage general ledger accounting processes, including chart of accounts, journal entries, and month-end closing activities.
3. Accounts Payable (AP) and Accounts Receivable (AR):
   • Oversee the configuration and processing of accounts payable and accounts receivable transactions, including vendor and customer invoices, payments, and collections.
4. Asset Accounting:
   • Handle asset accounting processes, including the management and depreciation of fixed assets.
5. Cost Element Accounting:
   • Configure and manage cost element accounting to track costs and expenses across different areas of the organization.
6. Cost Center and Profit Center Accounting:
   • Set up and manage cost centers and profit centers to track and analyze costs and profits at different organizational levels.

1. Internal Orders and Project Systems:
   • Implement and manage internal orders and project systems to track and control costs related to specific projects or internal initiatives.

1. Financial Reporting:
   • Develop and generate financial reports using SAP FICO, providing insights into the financial performance of the organization.
2. Tax Configuration and Reporting:
   • Configure tax-related settings and generate tax reports to ensure compliance with local and international tax regulations.
3. Integration with Other SAP Modules:
   • Collaborate with professionals in other SAP modules, such as SAP MM (Materials Management) and SAP SD (Sales and Distribution), to ensure seamless integration of financial processes.
4. User Training and Support:
   • Provide training to end-users on SAP FICO functionality and support them in using the system effectively.
5. Data Migration and Upgrades:
   • Participate in data migration activities when implementing SAP FICO, and contribute to system upgrades to newer versions.
6. Compliance and Audit Support:
   • Ensure that financial processes in SAP FICO comply with regulatory requirements and support audit processes.
7. Continuous Improvement:
   • Identify opportunities for process improvement within the SAP FICO modules and implement enhancements to optimize financial processes.
8. Collaboration with Finance Teams:
   • Collaborate with finance teams to understand their reporting and analysis needs, and align SAP FICO configurations accordingly.

SAP FICO professionals play a crucial role in managing the financial aspects of an organization within the SAP ERP system. Their responsibilities cover a wide range of financial processes and require expertise in both financial accounting and controlling aspects of SAP.