How To Become A SAP Fico Consultant: What It Is and Career Path

What is a sap fico consultant and how to become one

Updated January 8, 2025

4 min read

SAP Fico consultant is mainly responsible for building, designing, and deploying SAP-based ERP solutions. Fico means to finance and control. Therefore, your job puts you in a close relationship with the client's finance team to understand the business requirements of an organization you are working for. Implementing projects to prepare blueprints, validate the report requirements, and validate any customizing changes are all your responsibility. For new members, you are to provide adequate training for them and also to the end-user. You are also to sort out day-to-day queries of end-users and enhance the SAP for end-users based on requirements. Other duties include providing and conducting structured testing internally and with the end-user and ensuring stabilization of continuous improvements and solutions.

As an SAP Fico Consultant, you must be result-oriented, work and cooperate with others, understand the accounting business processes, and have excellent leadership skills. The average salary of an SAP Fico Consultant annually is $86,000, and a bachelor's degree in Accounting is required.

ScoreSAP Fico ConsultantUS Average

Salary

7.5

Avg. Salary $97,165

Avg. Salary $59,228

Stability level

5.3

Growth rate 9%

Growth rate 0.3%

Diversity

5.3

Race

American Indian and Alaska Native 0.19%

Asian 25.31%

Black or African American 8.49%

Hispanic or Latino 9.58%

Unknown 4.91%

White 51.52%

Gender

female 29.31%

male 70.69%

Age - 42

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 42

Stress level

5.3

Stress level is manageable

7.1 - high

Complexity level

8.3

Complexity level is challenging

7 - challenging

Work life balance

4.8

Work life balance is fair

6.4 - fair

Key steps to become a sap fico consultant

Explore sap fico consultant education requirements

Most common sap fico consultant degrees

Bachelor's

54.1 %

Master's

39.4 %

Diploma

3.3 %

Start to develop specific sap fico consultant skills

Skills	Percentages
Business Process	7.81%
Master Data	4.75%
SAP Fico	4.44%
Profitability Analysis	4.02%
Asset Classes	3.90%

Complete relevant sap fico consultant training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New sap fico consultants learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a sap fico consultant based on U.S. Bureau of Labor Statistics data and data from real sap fico consultant resumes.

Research sap fico consultant duties and responsibilities

Add new columns in ALV report output and implement logic using BADI for transactions CATS_DA and CATS_APPR_LITE.
Develop and implement reconciliation reports for ABAP and Java systems.
Coordinate and gotten master data relate to production including the logistics organizational structure.
Develop functional specifications and coordinate with offshore developers for the development of ABAP programs.

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