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Sap fico consultant skills for your resume and career

Updated January 8, 2025
3 min read
Below we've compiled a list of the most critical sap fico consultant skills. We ranked the top skills for sap fico consultants based on the percentage of resumes they appeared on. For example, 7.8% of sap fico consultant resumes contained business process as a skill. Continue reading to find out what skills a sap fico consultant needs to be successful in the workplace.

15 sap fico consultant skills for your resume and career

1. Business Process

A business process is a group of tasks that are performed by people working in a business to attain a worthy product and to present it to their customers. A business process can also be defined as performing several steps to achieve a certain goal set by a company. Business processes need to set purposeful goals and the outcome of that goal should be clear.

Here's how sap fico consultants use business process:
  • Analyze existing business processes, gathering business users requirements, and functional specifications, conducting gap analysis and updating relevant documentation.
  • Performed business process mapping, preparation of Blueprint document, conducted GAP analysis, implementing improvements and re-engineering process wherever necessary.

2. Master Data

Master data is the consistent, cohesive identifiers and extended attributes that describe the core entities of a company, including customers, prospects, citizens, vendors, locations, hierarchies, chart of accounts, and the objects around which a business is conducted. Master data enhances and improves data quality and can help eliminate data maintenance across multiple sources. Centralizing all master data enables companies to configure dedicated data governance and compliance processes.

Here's how sap fico consultants use master data:
  • Integrated asset accounting with general ledger after configuring asset master data, depreciation areas and depreciation keys.
  • Configured cash management in treasury master data and did cash management budgeting and financial budgeting.

3. SAP Fico

Here's how sap fico consultants use sap fico:
  • Provided user-friendly documentation and conducted SAP FICO end-user training sessions.
  • Gathered requirements for a new SAP FICO implementation project from users, for the purpose of communication/documentation with their technical team.

4. Profitability Analysis

Here's how sap fico consultants use profitability analysis:
  • Defined characteristic derivation and activated Profitability Analysis.
  • Defined additional account determination to default cost centers, profit centers and profitability analysis for postings to cost elements in OKB9.

5. Asset Classes

An asset class is a set or group of financial instruments with similar financial characteristics and responses to market fluctuations. Additionally, financial securities exhibit similar risk and return patterns within an asset class.

Here's how sap fico consultants use asset classes:
  • Worked extensively on asset accounting module for the maintenance of asset classes, depreciation keys, and ordinary/special/unplanned depreciation workings.
  • Finalized the required Asset classes, Account determination, depreciation areas and cut over plan after having detailed discussion with business.

6. Copa

Here's how sap fico consultants use copa:
  • Designed and developed contribution Margin Reports in COPA based on a combination of characteristics using Report Painter and Report Writer.
  • Designed COPA reporting across various product lines configured valuation function to project profitability, pricing and product cost information.

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7. FI/CO

Here's how sap fico consultants use fi/co:
  • Interact with Users for requirements gathering and analysis and update functional design specifications for FI/CO development and enhancements.
  • Provided SAP FI/CO tuning and troubleshooting including the identification and resolution of performance related issues.

8. FI-GL

Here's how sap fico consultants use fi-gl:
  • Provided upgrade fixes in all areas of configuration in the application areas FI-GL, FI-AP, FI-AR, Treasury and Banking.
  • General Ledger (FI-GL): Configured the company code, posting period variants, new document types, house banks.

9. SAP ECC

Here's how sap fico consultants use sap ecc:
  • Project: Implementation & Production support Environment: SAP ECC 4.7 Planned, directed, and coordinated activities of designated projects.
  • SAP enhancement project included blueprinting, realization and final preparation of profit center accounting and special purpose ledger SAP ECC6.

10. Calculation

Here's how sap fico consultants use calculation:
  • Configured Asset Management to carry out business transactions like retirement, transfers, depreciation calculation, write-offs and post capitalization.
  • Configured interest calculation including defining interest rates, interest calculation rules, and defining interest lock reason codes.

11. Material Ledger

Here's how sap fico consultants use material ledger:
  • Run integration test scripts Performed all integration related processes Performed complete set of material ledger configuration and ran several tests for approval
  • Configured Valuation areas for Material Ledger, maintained number ranges for material ledger documents and assigned currency types to material ledger.

12. Lockbox

Here's how sap fico consultants use lockbox:
  • Maintained Lockbox BAI2 configuration for automatic incoming payments, reason codes for residual/partially applied payments and supported month end closing processes.
  • Configured global settings for electronic bank statement defined the lockbox control parameters and defined the posting data.

13. Treasury

Here's how sap fico consultants use treasury:
  • Worked on the configuration of Liquidity forecast and Cash concentration in Treasury Module.
  • Estimated cash flows from business transactions managed by the Treasury Management Component.

14. Bank Statements

Here's how sap fico consultants use bank statements:
  • Designed Functional Specs for automated Cash reconciliation processing for Electronic Bank Statement functionality.
  • Complete ownership of Cash and Liquidity management along with Electronic bank statements.

15. Fixed Assets

Here's how sap fico consultants use fixed assets:
  • Identified and created Proprietary and Government Fund variants for specified internal end-user and external tax related fixed assets reporting.
  • Integrated asset accounting with other components, structured and valuated fixed assets and asset retirement.
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List of sap fico consultant skills to add to your resume

Sap fico consultant skills

The most important skills for a sap fico consultant resume and required skills for a sap fico consultant to have include:

  • Business Process
  • Master Data
  • SAP Fico
  • Profitability Analysis
  • Asset Classes
  • Copa
  • FI/CO
  • FI-GL
  • SAP ECC
  • Calculation
  • Material Ledger
  • Lockbox
  • Treasury
  • Bank Statements
  • Fixed Assets
  • AA
  • Sap Fi
  • Internal Orders
  • FI-MM
  • Prototyping
  • Go-Live
  • Cost Centers
  • ABAP
  • Payment Terms
  • Functional Specifications
  • Test Scripts
  • Gap Analysis
  • Cash Management
  • LSMW
  • Credit Management
  • Co-Pa
  • User Acceptance
  • UAT
  • ACH
  • Bank Accounts
  • Sap R
  • IDOC
  • SAP R/3
  • Accounts Receivables
  • G/L
  • Payment Method
  • Sap Functional
  • Reason Codes
  • WIP
  • EBS
  • WBS
  • Co-Cca
  • Debugging
  • Profit Centers
  • Vertex

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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