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SAP FICO Lead

Hyderabad Full-time Pharmaceuticals & Biotech Manager

Job Title: SAP Finance and Costing Lead

Location: Hyderabad, India

Commitment: Full-time

Industry: Pharmaceuticals & Biotech

Seniority Level: Lead / Principal

Overview

The SAP FICO Lead will lead the design, configuration, implementation, optimization, and support of SAP Finance and Controlling processes for pharmaceutical business operations. The role owns end-to-end FICO solution delivery across financial accounting, controlling, product costing, statutory compliance, financial reporting, and integration with procurement, sales, manufacturing, quality, warehouse, and third-party systems.

The role will work with Finance, Accounts, Costing, Taxation, Procurement, Sales, Manufacturing, Quality, IT, and external partners to support SAP S/4HANA transformation, RISE migration, process standardization, automation, audit readiness, digital finance initiatives, and implementation.

Key Responsibilities

  • Lead SAP FICO functional consulting, solution design, configuration, implementation, and support across business units and manufacturing locations.
  • Own core SAP FI processes, including:
    • General Ledger (GL)
    • Accounts Payable (AP)
    • Accounts Receivable (AR)
    • Asset Accounting
    • Bank Accounting
    • Tax Accounting
    • Closing Cockpit
    • Financial Reporting
  • Lead SAP CO processes, including:
    • Cost Center Accounting
    • Profit Center Accounting
    • Internal Orders
    • Product Costing
    • COPA
    • Material Ledger
    • Profitability Analysis
  • Work with Finance and Costing teams to strengthen standard costing, actual costing, variance analysis, inventory valuation, and manufacturing cost visibility.
  • Ensure strong integration of FICO with MM, SD, PP, QM, PM, WM/EWM, taxation, banking, and other critical applications.
  • Support Indian statutory and regulatory requirements, including GST, TDS, TCS, e-invoicing, e-way bill, audit schedules, internal controls, and financial compliance reporting.
  • Lead the FICO workstream for SAP S/4HANA transformation, SAP RISE migration, finance process improvement, and digital finance initiatives.
  • Drive standardization of finance and controlling processes across plants, business units, and legal entities while improving governance and control effectiveness.
  • Prepare and review functional specifications, process flows, configuration documents, test scripts, user manuals, SOPs, validation documents, and training materials.
  • Coordinate with ABAP, Basis, integration, security, and infrastructure teams for developments, interfaces, enhancements, authorizations, and issue resolution.
  • Support integrations through IDOCs, APIs, SAP CPI, bank interfaces, tax interfaces, middleware, and third-party application connections.
  • Lead month-end, quarter-end, and year-end closing support, ensuring timely issue resolution, data accuracy, and business continuity.
  • Drive master data governance for GL accounts, cost centers, profit centers, internal orders, assets, tax codes, cost objects, and related finance master data.
  • Mentor junior SAP FICO team members, provide user training, and build internal SAP Finance capability.
  • Support audit and compliance activities.
  • Support Finance and Costing reporting for analytics applications and SAP.
  • Support Material Ledger activities.

Required Qualifications

  • Chartered Accountant (CA) qualification is mandatory.
  • Minimum 10 years of SAP FICO experience with hands-on configuration, implementation, support, and solution ownership.
  • 2–5 years of hands-on experience in the Finance and Controlling domain.
  • Strong experience with:
    • SAP FI
    • SAP CO
    • Product Costing
    • Material Ledger
    • COPA
    • Asset Accounting
    • Taxation
    • Financial Closing Processes
  • Experience in SAP S/4HANA Finance, Universal Journal, SAP RISE migration, and large-scale SAP transformation programs.
  • Strong understanding of Indian statutory requirements, audit-related finance controls, and compliance-driven operating environments.
  • Good understanding of pharma manufacturing, batch costing, process orders, production variances, inventory valuation, and audit readiness.
  • Experience with cross-module integration involving MM, SD, PP, QM, PM, WM/EWM, and external applications.
  • Ability to translate business requirements into SAP solutions, functional specifications, process flows, test scenarios, and user documentation.
  • Strong stakeholder management skills with Finance leadership, plant finance teams, business users, auditors, consultants, and IT teams.
  • Basic ABAP debugging awareness and ability to work with technical teams for issue analysis and development validation.
  • Strong analytical, problem-solving, communication, documentation, and team leadership skills.

Preferred Qualifications

  • ICWA / CMA qualification.
  • Experience with finance and costing reporting for analytics applications and SAP.
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