SAP is an Enterprise Resource Planning Software. It integrates various systems in a single module, making it easier to track the flow of resources from one department in an organization to another. FICO, on the other hand, stands for Financial Accounting and Control. In a nutshell, SAP Fico consultants design, build and deploy business solutions on the SAP framework.
These consultants are critical to a business because they understand the business requirements, prepare blueprints for implementing a particular project, and sort out the daily activities required for execution. An organization may hire them as in-house staff or external help. A consultant working in-house would also monitor the project after it's gone live, but external consultants can only follow through till launch.
To become a SAP Fico consultant, you'll need at least three years of relevant SAP experience plus a few accompanying accounting proficiencies. Required skills also include result-orientation, the ability to work in a group, and the capacity to understand business objectives.
There is more than meets the eye when it comes to being a sap fico consultant. For example, did you know that they make an average of $41.83 an hour? That's $86,997 a year!
Between 2018 and 2028, the career is expected to grow 9% and produce 56,000 job opportunities across the U.S.
There are certain skills that many sap fico consultants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and creativity.
When it comes to the most important skills required to be a sap fico consultant, we found that a lot of resumes listed 17.4% of sap fico consultants included to-be, while 11.5% of resumes included business process, and 5.1% of resumes included master data. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the sap fico consultant job title. But what industry to start with? Most sap fico consultants actually find jobs in the manufacturing and technology industries.
If you're interested in becoming a sap fico consultant, one of the first things to consider is how much education you need. We've determined that 36.7% of sap fico consultants have a bachelor's degree. In terms of higher education levels, we found that 57.4% of sap fico consultants have master's degrees. Even though most sap fico consultants have a college degree, it's impossible to become one with only a high school degree or GED.
You may find that experience in other jobs will help you become a sap fico consultant. In fact, many sap fico consultant jobs require experience in a role such as sap consultant. Meanwhile, many sap fico consultants also have previous career experience in roles such as fico consultant or functional consultant.