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Become A Senior SAP Fico Consultant

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Working As A Senior 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

  • $91,000

    Average Salary

What Does A Senior 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 Senior 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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Senior SAP Fico Consultant Demographics

Gender

Male

63.4%

Female

24.4%

Unknown

12.2%
Ethnicity

Asian

35.7%

White

35.4%

Hispanic or Latino

10.5%

Unknown

9.5%

Black or African American

9.0%
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Foreign Languages Spoken

Urdu

33.3%

Arabic

33.3%

Hindi

33.3%

Senior SAP Fico Consultant Education

Schools

Central State University

22.2%

University of Illinois at Chicago

8.9%

University of Houston

8.9%

LIU Brooklyn

8.9%

Mississippi College

6.7%

National University

4.4%

American Institute

4.4%

University of Missouri - Kansas City

4.4%

University of Hartford

4.4%

DePaul University

4.4%

University of California - Berkeley

2.2%

California State University - Fullerton

2.2%

University of Toledo

2.2%

Texas Southern University

2.2%

University of North Texas

2.2%

University of Oklahoma

2.2%

Harvard University

2.2%

Eastern Illinois University

2.2%

Liberty University

2.2%

More Tech Institute

2.2%
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Majors

Finance

29.2%

Business

22.4%

Accounting

13.5%

Computer Science

11.5%

Business/Commerce

5.2%

Management

3.1%

Engineering

3.1%

Information Technology

1.6%

Electrical Engineering

1.6%

Apparel And Textiles

1.0%

Electrical Engineering Technology

1.0%

Management Information Systems

1.0%

Marketing

1.0%

Computer Networking

1.0%

Project Management

1.0%

Information Sciences

0.5%

Agricultural Business

0.5%

Manufacturing Engineering

0.5%

Music

0.5%

Statistics

0.5%
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Degrees

Masters

59.2%

Bachelors

28.9%

Other

8.5%

Diploma

2.5%

Certificate

0.5%

Doctorate

0.5%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$91,000
View Detailed Salary Report
$66,000
Min 10%
$91,000
Median 50%
$91,000
Median 50%
$91,000
Median 50%
$91,000
Median 50%
$91,000
Median 50%
$91,000
Median 50%
$91,000
Median 50%
$126,000
Max 90%
Best Paying Company
Bramasol
Highest Paying City
Santa Clara, CA
Highest Paying State
Alaska
Avg Experience Level
2.0 years
How much does a Senior SAP Fico Consultant make at top companies?
The national average salary for a Senior SAP Fico Consultant in the United States is $91,496 per year or $44 per hour. Those in the bottom 10 percent make under $66,000 a year, and the top 10 percent make over $126,000.

Real Senior SAP Fico Consultant Salaries

Job Title Company Location Start Date Salary
Senior SAP Fico Consultant Quantumsoft Solutions, Inc. Fremont, CA Aug 28, 2016 $150,000
Senior SAP Fico Consultant Attune Consulting USA Inc. Burlington, MA May 23, 2016 $130,000
Senior SAP Fico Consultant Attune Consulting USA Inc. Burlington, MA Aug 25, 2015 $130,000
Senior SAP Fico Consultant Attune Consulting USA Inc. Burlington, MA Sep 30, 2014 $130,000
SR. SAP Fico Functional Consultant Caarma Corporation San Diego, CA Nov 05, 2012 $125,000
SR. SAP Fico Functional Consultant Caarma Corporation San Diego, CA Jun 05, 2012 $125,000
Senior SAP Ps/Fico Consultant Partners Information Technology Inc. Irving, TX Dec 15, 2014 $120,000
Senior SAP Fico Consultant (Programmer/Analyst) Ecommquest Secaucus, NJ Aug 05, 2013 $120,000
Senior SAP Fico Functional Consultant Bramasol, Inc. Santa Clara, CA Jan 28, 2013 $117,146
Senior SAP Fico RAR Consultant Bramasol, Inc. Santa Clara, CA Dec 22, 2016 $114,795
Senior SAP Consultant Fico The Nielsen Company (Us), LLC Oldsmar, FL May 11, 2015 $105,000
Senior Consultant-SAP Fico IBM India Private Limited Pittsburgh, PA May 13, 2016 $104,041
Senior Consultant-SAP Fico IBM India Private Limited Pittsburgh, PA Apr 30, 2016 $104,041
SR. SAP Fico Consultant Pyramid Consulting, Inc. Alpharetta, GA Oct 01, 2012 $100,000
SR SAP Fico Package Solution Consultant IBM India Private Limited Florham Park, NJ Jun 01, 2015 $98,644
Senior SAP Fico RAR Consultant Bramasol, Inc. Santa Clara, CA Jan 12, 2016 $94,619
Senior SAP Fico Functional Consultant Bramasol, Inc. Phoenix, AZ Nov 05, 2012 $92,394
Senior Advisory Consultant-SAP Fico IBM India Private Limited Rex, NC Jul 22, 2013 $91,468 -
$99,373
Senior Advisory Consultant-SAP Fico IBM India Private Limited Durham, NC Feb 26, 2014 $91,468 -
$99,373
Senior Advisory Consultant ? SAP Fico IBM India Private Limited Durham, NC Feb 26, 2014 $91,468 -
$99,373
Senior SAP Fico Functional Consultant Bramasol, Inc. Glendale, AZ Jun 03, 2013 $91,458
Senior SAP Fico Consultant Streamline Technologies, Inc. Greenville, DE Sep 12, 2016 $83,000
Senior SAP Fico Consultant Streamline Technologies, Inc. Greenville, DE Dec 09, 2016 $83,000
Senior. SAP Fico Consultant Streamline Technologies, Inc. Newark, DE Sep 13, 2015 $83,000
Senior SAP Fico Consultant IBM India Private Limited Houston, TX May 27, 2016 $82,763
Senior SAP Fico Consultant Archents, Inc. TN Jun 20, 2015 $82,000 -
$90,000
Senior SAP Fico Consultant IBM India Private Limited Houston, TX Aug 13, 2015 $81,869
Senior Advisory Consultant-SAP Fico IBM India Private Limited Saint Paul, MN Sep 03, 2015 $80,895 -
$84,880
SR SAP Fico Consultant IBM India Private Limited Columbus, OH Sep 04, 2013 $79,373

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Top Skills for A Senior SAP Fico Consultant

  1. Business Requirements
  2. ECC
  3. Master Data
You can check out examples of real life uses of top skills on resumes here:
  • Participated in teams that gathered and documented business requirements, conducted interviews with key Users and drafted Business Blueprint Documentation.
  • Worked on different Consolidation (ECCS) levels like Statutory Consolidation, Business Area Consolidation and Profit Center Consolidation.
  • Configured Credit control and Dunning areas, customer groups, customer master data and automatic interest calculations on account balances/line items.
  • Configured Screen layout for Asset Master Data, created asset classes for Group Assets, created Allocation structures and settlement profiles.
  • Defined the enterprise structure and configured global settings for GL postings including automatic account assignments, financial statement version.

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Top 10 Best States for Senior SAP Fico Consultants

  1. District of Columbia
  2. California
  3. Rhode Island
  4. New Jersey
  5. New York
  6. Connecticut
  7. Texas
  8. Virginia
  9. Massachusetts
  10. Illinois
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