RR-0260788 - FICO Lead
2 days ago
Job Description
Job Description – SAP FICO Lead (Finance & Controlling)
Job Summary
The SAP FICO Lead is responsible for leading the
Finance and Controlling (FICO)
stream of SAP S/4HANA implementation. This role ensures that all finance-related modules — including
Assets, Accruals, Accounts Payable (AP), Accounts Receivable (AR), Contract Accounting (FICA), Advanced Financial Closing, Parallel Accounting, and Dunning
— are implemented successfully and aligned with both
IFRS standards and KSA regulatory requirements
.
The FICO Lead will act as the primary point of contact for
Finance process owners, auditors, and IT teams
, ensuring robust financial operations, accurate reporting, and compliance throughout the program lifecycle.
Key Processes
- Central Assets & Accruals Management
- Asset Accounting (FI-AA)
- Accounts Payable (FI-AP)
- Accounts Receivable (FI-AR)
- Contract Accounting (FICA)
- Advanced Financial Closing (AFC)
- Parallel Accounting & Multi-GAAP Reporting
- Centralized Dunning & Collections Management
- General Ledger (New GL) & Central Finance Integration
- Financial Reporting & Compliance (IFRS, ZATCA, Local GAAP)
Key Responsibilities
- Lead the design, configuration, and implementation of SAP S/4HANA Finance (FICO) modules.
- Manage Assets & Accruals processes, ensuring proper capitalization, depreciation, and compliance.
- Oversee Accounts Payable & Accounts Receivable operations, integrating with Procurement and Sales.
- Implement Contract Accounting (FICA) for industry-specific billing and receivables scenarios.
- Lead the adoption of SAP Advanced Financial Closing for group-wide central closing processes.
- Ensure Parallel Accounting setup to handle IFRS, KSA GAAP, and other reporting standards.
- Oversee Centralized Dunning to optimize receivables management.
- Work with auditors and regulators to ensure financial controls and compliance.
- Provide expertise in finance integration with MM, SD, HCM, and PS modules.
- Collaborate with business stakeholders to streamline closing processes and reduce manual effort.
- Support data migration for Finance objects (GL balances, vendor, customer, asset master data).
- Train and mentor the Finance team on SAP FICO functionalities and best practices.
Required Qualifications & Skills
Education & Certifications
- Bachelor's degree in Finance, Accounting, or Information Systems.
- Chartered Accountant (CA), CPA, CMA, or ACCA certification preferred.
- SAP Certified Application Associate – SAP S/4HANA Finance.
Experience
- 10+ years of Finance & Controlling experience.
- Minimum 2–3 full-cycle SAP FICO implementation projects.
- Proven experience in Asset Accounting, AP, AR, FICA, and Financial Closing.
- Experience in Parallel Accounting (IFRS, Local GAAP, Tax).
- Strong exposure to Middle East/KSA finance regulations and compliance.
Technical & Functional Skills
- Deep expertise in SAP S/4HANA Finance (FICO).
- Knowledge of SAP Advanced Financial Closing (AFC).
- Experience in Contract Accounting (FICA) processes.
- Strong integration knowledge across MM, SD, HCM, PS.
- Familiarity with Central Finance, Group Reporting, and Dunning.
- Ability to configure financial close automation and reporting.
- Strong understanding of ZATCA (Saudi e-invoicing) and regulatory requirements.
Soft Skills
- Excellent leadership and stakeholder management skills.
- Strong problem-solving and analytical mindset.
- Effective communicator with Finance leadership and auditors.
- Ability to work under pressure during month-end and year-end close.
- Team player and mentor for Finance consultants.
Work Environment & Conditions
- Based in KSA, working closely with Finance & Accounting leadership.
- Regular interaction with business controllers, CFO office, and auditors.
- Coordination with Solution Architects, Procurement, and Technical teams.
- Involvement in workshops, UAT, training, and cutover activities.
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