Senior Consultant - SAP FICO (AP, Banking, BCM, DME)

Location: Hybrid/Remote

Job Type: Full Time

Experience: 8-12 years

Company: Madiba Global Solutions (MGS)

About Us:

MGS is a leading consulting company dedicated to improving client experience and ROI with SAP applications. We are committed to leveraging technology and innovation to drive our business forward and are seeking a highly skilled SAP FICO Consultant to join our team.

About the Role:

MGS is seeking an experienced SAP FICO Consultant with deep specialisation in Accounts Payable, Banking, and Cash Management. This role is primarily centred around AP operations, bank integration, and payment processing, with working exposure to the broader P2P cycle, invoice management, and integration with non-SAP systems. The ideal candidate brings hands on expertise in SAP Banking (BCM/DME), proven data migration skills in S/4HANA using Migration Cockpit, and the ability to collaborate with global finance and treasury stakeholders to drive operational excellence.

Key Responsibilities

1. Requirement Gathering & Solution Design

Engage with senior finance and business stakeholders to understand requirements and propose best practice SAP FICO solutions.

Translate business needs into scalable configurations aligned with enterprise financial and controlling processes.

Analyse and design solutions with a primary focus on Accounts Payable (AP), Banking & Cash Management (BCM/DME), and payment processing; with supporting coverage of GL, AR, AA, CO CCA, CO PCA, WBS, and Projects as required.

Incorporate statutory and compliance requirements including Indian GST and global tax processes.

2. System Configuration & Implementation

Lead end to end configuration of FI and CO modules, including organizational structures, master data, and process flows.

Execute 2-3 full lifecycle implementations, preferably including at least one S/4HANA project.

Prepare functional specifications for RICEFW objects and collaborate with ABAP teams on enhancements.

Data migration experience in S/4HANA using the SAP Migration Cockpit is a must; includes data extraction, cleansing, and loading for AP master data (vendors, open items, bank data) and related financial objects.

Strong Microsoft Excel skills are required for data sanitisation activities, including data profiling, deduplication, transformation, and validation prior to migration loads.

3. Integration Management

Manage integration of non-SAP systems (e.g., third-party invoice management platforms, banking portals, and payment hubs) via IDocs, APIs, and middleware solutions.

Support end-to-end invoice management processes including PO-based and non-PO invoice workflows, tolerance checks, invoice parking and posting, and exception handling.

Provide supporting coverage of the P2P cycle, collaborating with MM/SD teams to ensure seamless procurement-to-payment flows and data consistency across modules.

Work with cross functional teams to validate end to end process flows, reconciliation outputs, and bank statement processing accuracy.

4. Testing & Quality Assurance

Develop and manage test scenarios, test scripts, and UAT cycles.

Validate system behaviour post changes, upgrades, and deployments.

Support regression testing and ensure compliance with internal controls.

5. Support, Issue Resolution & Optimization

Provide expert level support for critical AP and banking issues, including payment run failures, bank statement processing errors, BCM/DME file rejections, and vendor dispute resolution.

Lead month end and year end closing activities, including for global entities (EU and US regions preferred).

6. Training, Documentation & Knowledge Transfer

Deliver training to end users and junior consultants.

Maintain comprehensive documentation for configurations, processes, and enhancements.

Mentor team members and contribute to internal capability building.

Required Qualifications & Experience

Technical & Functional Skills

8-12 years of hands on SAP FICO consulting experience with strong functional depth.

Deep expertise in SAP Accounts Payable (AP), Banking (House Banks, Electronic Bank Reconciliation), Bank Communication Management (BCM), and Data Medium Exchange (DME); supporting knowledge of GL, AR, AA, and Treasury.

Hands on experience with S/4HANA Migration Cockpit for AP and banking data migration; proficiency in Microsoft Excel (advanced functions, pivot tables, VLOOKUP/XLOOKUP, Power Query) for data sanitisation and validation.

Experience with IDocs, interfaces, user exits, LSMW, Report Painter, and ABAP query tools; knowledge of middleware or API-based integration with non-SAP platforms is a strong advantage.

Strong integration knowledge with MM, SD.

Public Cloud experience is preferable.

Domain & Business Skills

2-3 years of domain experience in accounts payable, banking operations, or treasury functions preferred; hands on exposure to payment runs, bank reconciliation, and cash positioning strongly valued.

Experience with SAP Banking, BCM (Bank Communication Management), and DME (Data Medium Exchange) is mandatory - candidates without this experience will not be considered.

Ability to interpret financial statements and understand core accounting principles.

Experience supporting global business units and multi country rollouts.

Soft Skills

Strong analytical and problem solving abilities.

Excellent communication and stakeholder management skills.

Ability to work independently with minimal supervision.

Education & Certifications

Bachelor's degree in Accounting, Finance, Information Systems, or related field.

SAP FI/CO certification preferred.

Work Schedule

• UK shift working hours.