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Become A SAP Fico Consultant

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Working As A SAP Fico Consultant

  • Interacting With Computers
  • Making Decisions and Solving Problems
  • Processing Information
  • Getting Information
  • Evaluating Information to Determine Compliance with Standards
  • Mostly Sitting

  • Repetitive

  • $81,964

    Average Salary

What Does A SAP Fico Consultant Do

Computer systems analysts study an organization’s current computer systems and procedures and design information systems solutions to help the organization operate more efficiently and effectively. They bring business and information technology (IT) together by understanding the needs and limitations of both.

Duties

Computer systems analysts typically do the following:

  • Consult with managers to determine the role of IT systems in an organization
  • Research emerging technologies to decide if installing them can increase the organization’s efficiency and effectiveness
  • Prepare an analysis of costs and benefits so that management can decide if IT systems and computing infrastructure upgrades are financially worthwhile
  • Devise ways to add new functionality to existing computer systems
  • Design and implement new systems by choosing and configuring hardware and software
  • Oversee the installation and configuration of new systems to customize them for the organization
  • Conduct testing to ensure that the systems work as expected
  • Train the systems’ end users and write instruction manuals

Computer systems analysts use a variety of techniques such as data modeling to design computer systems. Data modeling allows analysts to view the processes and data flows even before programs have been written. 

Once programs have been written, analysts conduct in-depth tests and analyze information and trends in the data to increase a system’s performance and efficiency.

Analysts calculate requirements for how much memory and speed the computer system needs. They prepare flowcharts or other kinds of diagrams for programmers or engineers to use when building the system. Analysts also work with these people to solve problems that arise after the initial system is set up. Most analysts do some programming in the course of their work.

Most computer systems analysts specialize in certain types of computer systems that are specific to the organization they work with. For example, an analyst might work predominantly with financial computer systems or engineering computer systems.

Systems analysts help other IT team members understand how computer systems can best serve an organization by working closely with the organization’s business leaders.

In some cases, analysts who supervise the initial installation or upgrade of IT systems from start to finish may be called IT project managers. They monitor a project’s progress to ensure that deadlines, standards, and cost targets are met. IT project managers who plan and direct an organization’s IT department or IT policies are included in the profile on computer and information systems managers.

Many computer systems analysts are general-purpose analysts who develop new systems or fine-tune existing ones; however, there are some specialized systems analysts. The following are examples of types of computer systems analysts:

Systems designers or systems architects specialize in helping organizations choose specific types of hardware and software systems. They translate the long-term business goals of an organization into technical solutions. Analysts develop a plan for the computer systems that will be able to reach those goals. They work with management to ensure that systems and the IT infrastructure are set up to best serve the organization’s mission.

Software quality assurance (QA) analysts do in-depth testing and diagnose problems of the systems they design in order to make sure that critical requirements are met. They also write reports to management recommending ways to improve the systems.

Programmer analysts design and update their system’s software and create applications tailored to their organization’s needs. They do more coding and debugging than other types of analysts, although they still work extensively with management and business analysts to determine what business needs the applications are meant to address. Other occupations that do programming are computer programmers and software developers.

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How To Become A SAP Fico Consultant

A bachelor’s degree in a computer or information science field is common, although not always a requirement. Some firms hire analysts with business or liberal arts degrees who have skills in information technology or computer programming.

Education

Most computer systems analysts have a bachelor’s degree in a computer-related field. Because these analysts also are heavily involved in the business side of a company, it may be helpful to take business courses or major in management information systems.

Some employers prefer applicants who have a master's degree in business administration (MBA) with a concentration in information systems. For more technically complex jobs, a master’s degree in computer science may be more appropriate.

Although many computer systems analysts have technical degrees, such a degree is not always a requirement. Many analysts have liberal arts degrees and have gained programming or technical expertise elsewhere.

Many systems analysts continue to take classes throughout their careers so they can learn about new and innovative technologies. Technological advances come so rapidly in the computer field that continual study is necessary to remain competitive.

Systems analysts must understand the business field they are working in. For example, a hospital may want an analyst with a thorough understanding of health plans and programs such as Medicare and Medicaid, and an analyst working for a bank may need to understand finance. Having knowledge of their industry helps systems analysts communicate with managers to determine the role of the information technology (IT) systems in an organization.

Advancement

With experience, systems analysts can advance to project manager and lead a team of analysts. Some can eventually become IT directors or chief technology officers. For more information, see the profile on computer and information systems managers.

Important Qualities

Analytical skills. Analysts must interpret complex information from various sources and be able to decide the best way to move forward on a project. They must also be able to figure out how changes may affect the project.

Communication skills. Analysts work as a go-between with management and the IT department and must be able to explain complex issues in a way that both will understand.

Creativity. Because analysts are tasked with finding innovative solutions to computer problems, an ability to “think outside the box” is important.

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SAP Fico Consultant Career Paths

SAP Fico Consultant
Architect Construction Manager Information Technology Project Manager
Business Program Manager
10 Yearsyrs
Senior Consultant Business Systems Senior Analyst
Business Systems Manager
9 Yearsyrs
Senior Consultant Information Technology Project Manager Technical Delivery Manager
Change Manager
10 Yearsyrs
Lead Consultant Project Manager Information Technology Project Manager
Contract Project Manager
10 Yearsyrs
Co-Leader Instructor Project Manager
Delivery Manager
8 Yearsyrs
Lead Consultant Solutions Architect Program Manager
Engagement Manager
9 Yearsyrs
Solutions Architect Program Manager Human Resources Generalist
Hris Manager
10 Yearsyrs
Functional Analyst Project Manager Information Technology Project Manager
Infrastructure Project Manager
11 Yearsyrs
Management Consultant Senior Business Analyst Implementation Manager
Integration Manager
10 Yearsyrs
Functional Lead Project Leader Information Technology Project Manager
Manager, Project Management Office
12 Yearsyrs
Architect Assistant Project Manager Project Engineering Manager
Manager, Systems Engineering
9 Yearsyrs
Finance Consultant Senior Finance Analyst Senior Business Analyst
Product Owner
9 Yearsyrs
Senior SAP Consultant Lead Consultant Project Manager
Program/Project Manager
10 Yearsyrs
Functional Lead SAP Consultant
SAP Project Manager
9 Yearsyrs
Functional Analyst Functional Consultant
Senior Functional Consultant
7 Yearsyrs
Senior SAP Consultant SAP Project Manager Senior Project Manager
Senior Product Manager
10 Yearsyrs
Senior SAP Fico Consultant Solutions Architect
Solutions Manager
8 Yearsyrs
Solutions Architect Product Manager Purchasing Manager
Supply Chain Consultant
10 Yearsyrs
Finance Consultant Senior Consultant Product Manager
Technical Product Manager
9 Yearsyrs
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Do you work as a SAP Fico Consultant?

SAP Fico Consultant Demographics

Gender

Male

66.1%

Female

28.5%

Unknown

5.4%
Ethnicity

Asian

38.8%

White

31.3%

Unknown

11.1%

Hispanic or Latino

10.5%

Black or African American

8.4%
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Foreign Languages Spoken

Spanish

27.3%

Hindi

18.2%

Chinese

9.1%

Telugu

9.1%

Kannada

9.1%

Urdu

9.1%

Arabic

9.1%

Bengali

9.1%
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SAP Fico Consultant Education

Schools

University of Illinois at Chicago

9.3%

Central State University

8.1%

University of Houston

8.1%

Saint Xavier University

8.1%

University of Cincinnati

7.0%

University of Texas at Arlington

5.8%

South University

5.8%

LIU Brooklyn

4.7%

University of Dallas

4.7%

California State University - Fullerton

3.5%

Wayne State University

3.5%

University of Akron

3.5%

Wichita State University

3.5%

University of Central Missouri

3.5%

DePaul University

3.5%

Regis University

3.5%

University of North Texas

3.5%

University of Missouri - Kansas City

3.5%

Valparaiso University

3.5%

Florida Atlantic University

3.5%
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Majors

Finance

27.5%

Accounting

22.1%

Business

18.5%

Business/Commerce

7.2%

Computer Science

6.3%

Information Technology

2.4%

Management

2.0%

Engineering

2.0%

Project Management

1.6%

Information Systems

1.6%

Computer Engineering

1.4%

Electrical Engineering

1.3%

Computer Applications

0.9%

Computer Information Systems

0.9%

Electrical Engineering Technology

0.7%

Mathematics

0.7%

Economics

0.7%

Industrial Engineering

0.7%

Civil Engineering

0.7%

Marketing

0.5%
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Degrees

Masters

48.4%

Bachelors

33.1%

Other

13.7%

Diploma

2.7%

Certificate

1.3%

Associate

0.7%

License

0.2%
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SAP Fico Consultant Videos

What does an SAP Consultant do?

Your Role as a SAP Functional Consultant on a project

SAP FICO Consultant

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Real SAP Fico Consultant Salaries

Job Title Company Location Start Date Salary
SAP Senior Fico Consultant Attune Consulting USA Inc. Burlington, MA May 06, 2015 $130,000
SAP Lead Fico Consultant Riviera Consulting LLC Parsippany-Troy Hills, NJ Aug 18, 2016 $129,002
SAP ECC Fico Functional Consultant Novell, Inc. Houston, TX Nov 02, 2016 $124,000
SAP Fico Consultant Riviera Consulting, LLC Redmond, WA Jun 28, 2016 $115,000
SAP Fico Consultant Microexcel, Inc. Jackson, MS Mar 28, 2016 $115,000
SAP BA Fico Consultant Microexcel, Inc. Deerfield, IL Oct 20, 2015 $115,000
SAP Fico Consultant Riviera Consulting, LLC San Francisco, CA May 12, 2016 $115,000
SAP Fico Consultant Riviera Consulting, LLC Andover, MA Jul 12, 2016 $115,000
SAP Fico Consultant Microexcel, Inc. Jackson, MS Apr 11, 2016 $115,000
SAP Fico Consultant Microexcel, Inc. Irving, TX Mar 16, 2016 $115,000
SAP Fico Consultant Tata Consultancy Services Limited San Jose, CA Apr 11, 2016 $114,795 -
$120,000
SAP Fico Senior Consultant IBM India Private Limited San Jose, CA Jul 01, 2015 $112,554
SAP Analyst/Fico Consultant OTM Labs Inc. Ellicott City, MD Feb 18, 2016 $111,987
SAP Fico Functional Consultant Microexcel, Inc. Minnetonka, MN Nov 16, 2016 $100,000
SAP Fico Consultant Sysintelli, Inc. Lake Oswego, OR Oct 19, 2015 $100,000
SAP Fico Consultant Sap Technology Solutions, Inc. Lake Forest, IL Jan 11, 2015 $100,000
SAP Fico Consultant Archents Inc. Dublin, OH May 07, 2016 $100,000
SAP Fico & SCM Consultant Case Consulting Group Center, PA Nov 01, 2016 $100,000
SAP Fico Consultant IBM India Private Limited Secaucus, NJ Jan 07, 2016 $98,771
SAP Fico Functional Consultant IBM India Private Limited Secaucus, NJ Sep 26, 2016 $98,771
SAP Fico & Fscm Application Consultant IBM India Private Limited Secaucus, NJ Jul 29, 2016 $98,771
SAP Fico Consultant IBM India Private Limited Marysville, OH Aug 14, 2015 $80,895
SAP Fico Consultant Avventis Inc. Atlanta, GA Dec 15, 2016 $80,000
SAP Fico Consultant Ventois Inc. Shrewsbury, MA Oct 24, 2016 $80,000
SAP Fico Consultant Ventois Inc. Shrewsbury, MA Nov 15, 2016 $80,000
SAP Fico Consultant Avventis Inc. Edison, NJ Mar 23, 2016 $80,000
SAP Fico Techno Functional Consultant EBS-Minds It, Inc. Dallas, TX Oct 15, 2015 $80,000
SAP Fico Consultant Logicatech, Inc. East Peoria, IL Dec 14, 2015 $80,000

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Top Skills for A SAP Fico Consultant

  1. SAP
  2. Master Data
  3. Asset Classes
You can check out examples of real life uses of top skills on resumes here:
  • Generated SAP data structures for incorporation into data export program.
  • Defined Customer/Vendor Account Groups and Created Customer/Vendor Master Data.
  • Configured Screen layout for Asset Master Data, created asset classes for Group Assets, created Allocation structures and settlement profile.
  • Provided upgrade fixes in all areas of configuration in the application areas FI-GL, FI-AP, FI-AR, Treasury and Banking.
  • Involved with Business Process re-engineering/process improvement, Multitask oriented and the ability to prioritize to meet deadlines.

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Top 10 Best States for SAP Fico Consultants

  1. Rhode Island
  2. District of Columbia
  3. Texas
  4. Minnesota
  5. New Jersey
  6. Virginia
  7. California
  8. Pennsylvania
  9. Massachusetts
  10. North Carolina
  • (56 jobs)
  • (179 jobs)
  • (1,093 jobs)
  • (343 jobs)
  • (483 jobs)
  • (454 jobs)
  • (1,781 jobs)
  • (523 jobs)
  • (371 jobs)
  • (480 jobs)

Top SAP Fico Consultant Employers

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What does an SAP Consultant do?

Your Role as a SAP Functional Consultant on a project

SAP FICO Consultant

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