The acronym SAP FICO stands for SAP FINANCE and CONTROL, and this is financial module of SAP. FI module of SAP is competent enough to comply with the financial as well as accounting requirements of concerning organizations. This module can also display the financial status of a particular company and with the assistance of this module an organization can design attractive strategies. CO module of SAP assists different managers in different functions such as co–ordination, organization and planning.
CO-module can largely affect the decision making capacities of different organizations. Furthermore, this module along with FI module determines the co element as well as revenue element. A company configure this module in accordance with different the requirements of concerning company, the clients of that company and core business of that company.
Duties and Responsibilities of A SAP FICO Professional
SAP jobs promises great growth along with challenges and a SAP FICO professional has to follow following responsibilities mentioned below:
- SAP FICO Professional has to work in an organization using FICO module.
- He is also accountable for configuration, testing and installation of FICO module.
- He has to employ, develop and designing of FICO module as per the requirements of concerning organizations.
- He is responsible for putting the request of the users in application format and he also ensures that the functionality of SAP is going smooth.
SAP FICO Professional has to exhibit following requirements and these requirements are as follows:
- A bachelor’s degree in engineering or its equivalent from a distinguished organization.
- Prior experience will help a SAP FICO Professional in the long term as he has to handle multiple tasks simultaneously.
- He must possess excellent understanding of a FICO module so that he can tackle any issue pertaining to this module only.
- Excellent command over English language and key financial concepts is also mandatory on his part.
- He must possess excellent entrepreneurial talent as he may be asked to perform amidst trying situations.
- He must be able to work under pressure and when it comes to diversity of culture, he should not exhibit any problem.
- He must know cost accounting concepts and he must come up with intellectual practices of business.
You can rely on different websites in case you need pertinent information pertaining to SAP Jobs. Employment agencies also help you a lot if you want to know in-depth knowledge of SAP jobs. Newspapers also publish different vacancies for SAP job and on the basis of complete information you can grab this opportunity.
Employment Outlook - Career Prospects for SAP FICO professional
A SAP FICO Professional will definitely find great scope in distinguished organizations and it is up to that professional how adeptly he makes use of this opportunity. The organizations that are into information business make use of the expertise of these professionals.
Salary Package
A SAP FICO Professional can earn huge bucks if they fulfill different responsibilities assigned to them with core sincerity. He is also entitled to earn different entitlements depending upon the criticality of his job.
Conclusion
So, the SAP FICO Professional has to have the deep knowledge of FICO module so that he can easily make use of it when required. FICO jobs are associated with great future prospects and moreover, SAP has got the approbation of being considered the leader in the market.
