Job Description

Sr. SAP S/4 - SAP FICO -
Finance SME / FSCD
/ FSPL
& FS-SD -
functional Consultants - Remote some travel
Client pays all travel expenses and
it would be 1-2 weeks on site then remote 2-3 weeks.
Start Date: Immediate Start
Job Type: 3-6 Month Contract to hire

• 
  Finance SME / FSCD
  / FSPL & FS-SD -
  With Subledger and Insurance concepts. Also need Fintech / Interfaces and understanding of FSCD ( subledger for AR with GL posting) FI-GL& AR, Batch Process Management, S4/Hana on RISE and SAP Analytics Cloud ( SAP ) Conceptual knowledge

Working with Success Factors would be a plus. In addition, the individual would have client management skills – contractual performance, financial /budgetary management, and client engagement, operational/ Service Management disciplines for running a delivery team,

SAP FICO – Finance SME / FS-CD / FS-PL Functional Consultant

Role Overview

The SAP FICO – Finance SME will lead the design, configuration, and implementation of financial processes within SAP S/4HANA (or ECC), with a strong focus on
Financial Services Collections & Disbursements (FS-CD)
and
Financial Services Profit & Loss (FS-PL)
modules.
This role will partner closely with business stakeholders in
Finance, Accounting, and Insurance Operations
to deliver end-to-end solutions that support collections, disbursements, premium postings, claims accounting, and policy-related financial reporting.

Key Responsibilities

• 
  Solution Design & Blueprinting

  • 
    Lead workshops to gather business requirements for Finance, FS-CD, and FS-PL processes.

  • 
    Map business requirements to SAP best practices for insurance and financial services.

  • 
    Design end-to-end process flows integrating FICO with FS-CD, FS-PL, and other SAP modules (FI-GL, FI-AR, FI-AP, CO-PA, CO-OM).

• 
  Configuration & Development

  • 
    Configure
    FS-CD
    for collections, disbursements, payment processing, account determination, and correspondence management.

  • 
    Configure
    FS-PL
    for insurance portfolio financial postings, allocation rules, and reporting structures.

  • 
    Set up integration between FS-CD and
    FI-GL, CO, and Insurance Contract Accounting (FS-ICM)
    .

  • 
    Define and maintain master data structures for business partners, contract accounts, and policy groups.

• 
  Integration Management

  • 
    Work with SAP technical teams to integrate FS-CD with external payment systems, banking interfaces, and claims/policy systems.

  • 
    Support middleware configuration for inbound/outbound interfaces (IDocs, BAPIs, APIs).

• 
  Testing & Quality Assurance

  • 
    Prepare functional specifications and work with ABAP teams for enhancements, user exits, and custom reports.

  • 
    Lead unit, integration, and UAT testing for FICO, FS-CD, FS-PL components.

  • 
    Ensure compliance with IFRS, GAAP, Solvency II, and other applicable accounting standards.

• 
  Support & Continuous Improvement

  • 
    Provide post-go-live support and knowledge transfer to internal teams.

  • 
    Identify process improvement opportunities in financial operations and insurance accounting.

Required Skills & Experience

• 
  SAP Expertise

  • 
    8+ years in SAP FICO functional consulting, with at least 4 years in
    FS-CD
    and
    FS-PL
    .

  • 
    Strong understanding of
    FI-GL, FI-AP, FI-AR, FI-AA, CO-PA, CO-OM
    .

  • 
    Experience with S/4HANA Finance innovations (Universal Journal, ACDOCA).

  • 
    Knowledge of
    Insurance Contract Accounting (FS-ICM)
    a plus.

• 
  Business Knowledge

  • 
    In-depth understanding of
    insurance industry finance processes
    , including premium billing, claims accounting, and commission payments.

  • 
    Experience with collections, dunning, payment plans, and reconciliation processes.

• 
  Technical & Integration Skills

  • 
    Experience in configuring business partner master data in FS-CD.

  • 
    Familiarity with integration between SAP and non-SAP systems (banking, CRM, policy admin systems).

  • 
    Working knowledge of IDocs, ALE, and interface troubleshooting.

• 
  Soft Skills

  • 
    Strong business analysis and problem-solving skills.

  • 
    Excellent stakeholder communication and workshop facilitation abilities.

  • 
    Ability to work in Agile, Waterfall, or hybrid delivery models.

Preferred Qualifications

• 
  SAP Certified Application Associate – Financial Accounting with SAP S/4HANA.

• 
  SAP FS-CD or FS-PL module certification.

• 
  Previous experience in large-scale insurance or financial services SAP programs.

Typical Deliverables

• 
  Business requirement documents (BRDs) & functional specifications (FS).

• 
  SAP configuration documents & transport management.

• 
  Test scripts, UAT sign-off, and defect logs.

• 
  End-user training materials and standard operating procedures.

• 
  Cutover plans and post-go-live support documentation.