How to choose a career as SAP FICO Consultant?

Choosing and building a career in SAP FICO is an excellent career prospect as it is among the top in-demand profession in modern-day business. SAP FICO is among the leading ERP solution that is relevant worldwide, offering a large number of career opportunities and SAP FICO jobs across businesses of varied types. It takes a complete understanding of the solution to choose SAP FICO consultant job as a career plan. Individuals are required to have a complete overview of SAP FICO. 

Let us get into the intricacies of choosing SAP FICO as a career path for those looking for a thorough guide.


Understanding SAP FICO

SAP FICO is essentially made up of two modules: SAP Financial Accounting (FI) for the Financial aspect and SAP Controlling (CO) for the Management Control aspect. 

The SAP Financial Accounting module takes care of generating statements of the company including balance sheets. It also consists of:

  • Customer Accounting (FI-AR)

  • Fixed Asset Accounting (FI-AA)

  • General Ledger (FI-GL

The SAP CO module takes care of the operational costs of planning, reporting, and supervision. Its secondary modules consist of:

  • Cost control by-product (SAP CO-PC)

  •  Accounting (SAP CO-OM-CEL) 

  • Analysis of the income statement ( SAP CO-PA) etc. 

SAP FICO JOBS Skill Requirements and Qualification

SAP FICO is a module that deals with Financial Accounting (FI) and Controlling (CO), which helps businesses manage better business processes, finance accounting, and data management. Companies that are implements SAP are in need of professionals adept at handling and managing the complexities. Hence, to start with SAP FICO jobs professionals are required to take up adequate training and obtain requisite skills. Experts highly recommend aspirants enroll in an SAP FICO course and training to gain an in-depth understanding and enhance their skills. 

SAP FICO Course ideally trains professionals to build a strong foundation and built expertise in handling SAP FICO modules for managing finance accounting and enterprise reporting. The following are the fundamental concepts that the SAP FICO course consolidates:


  • Business Process

  • Master Data

  • SAP FICO

  • Probability Analysis

  • Asset Classes

  • COPA

  • FI/CO

  • FI/GL (General ledger)

  • SAP ECC

  • Calculation

  • Material Ledger

  • Lockbox

  • Treasury

  • Bank Statement 

  • Fixed Assets


In addition to the above skills, SAP FICO Consultant jobs require professionals to have an educational background in Management, Finance, and Accounting. A bachelor's degree in any one of these disciplines will be a great boost for understanding the SAP FICO course syllabus. To get into SAP FICO consultant jobs having a minimum of five years of experience in Financial support projects is necessary. 


The SAP FICO Consultant Job is characterized by a hierarchy, and any professional having the relevant skills and experience may find a suitable position. The SAP FICO Jobs hierarchy can be listed as follows:


  • Principal, Partners

  • Senior Consultant Manager

  • Project Manager

  • Consultants

  • Junior Consultant

  • Analyst

  • Trainee

  • Intern 

  • End-Users- Executive 

  • Super User- Sr. Executive, Team-Lead

  • Testing Consultants

  • Support Consultants

  • End-User Trainer

Big Companies that offer SAP FICO Jobs

  • Accenture

  • IBM

  • Cognizant Technology Solutions

  • Tata Consultancy Services

  • NTT DATA

  • Tech Mahindra

  • Capgemini

SAP FICO Consultant  Job Roles

The SAP FICO Consultant Job role centers around creating and putting in place SAP-based ERP solutions that cater to finance and controlling operations of a business. Professionals with an SAP FICO Consultant job work in close collaboration with the finance of the clients or organization, they analyze and develop SAP FI/CO solutions, and test and guarantee the stability of the solution. 


SAP FICO Consultant Job professionals are significantly responsible for the system configuration and implementation as per the business requirements, refining methods, analyzing the Generally accepted accounting principles, and looking out for new projects. Consultants can work either externally or internally. External consultants take part in the implementation process. While external SAP FICO Consultant Job entails their roles ending with the project going live, Internal SAP FICO consultants work for the organization during the phase of implementation and also post the project going live. 

Responsibilities of SAP FICO Consultant Job

  • Execution of the Project's SAP Business Warehouse (BW) 

  • Guiding and Co-operating with other consultants from other modules like MM, PM, PP, and PS

  • Training  end users and newcomers

  • Support testing process to identify issues and errors in applied business processes or documentation.

  • Making use of all the opportunities for business system improvement

  • Business requirements as the configuration mandate 

Beginners can start at entry-level positions. There are various organizations offering SAP FICO fresher job opportunities for beginners who are just starting out in the field. Some of the top SAP FICO fresher job choices include

  • SAP Consultant

  • SAP Business Analyst

  • SAP Junior Consultant

  • SAP End Users Trainer

Sign up for SAP FICO course and attain all the necessary skills to work as SAP FICO consultant, which is a thriving career path.

Read Also: What are the Benefits of SAP FICO?


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