SAP FICO Consultant – AP & Banking (ISO 20022)

Delan Associates, Inc•Mahwah, NJ

1d•Onsite

About The Position

We are seeking an experienced SAP FICO Consultant specializing in Accounts Payable (AP) and Banking, with a strong focus on ISO 20022 XML payment formats. This role is crucial for implementing and supporting our electronic payment solutions and ensuring seamless integration with external banking systems. The ideal candidate will have a deep understanding of SAP FI banking processes, payment processing lifecycles, and a proven track record in end-to-end SAP implementation and transformation projects.

Requirements

Minimum of 7 years of experience in SAP FICO.
Extensive experience with SAP Accounts Payable (AP).
Proficiency in SAP Bank Accounting.
Strong knowledge of Electronic Payments.
Expertise in Automatic Payment Program (F110).
Experience with Payment Medium Workbench (PMW).
Familiarity with Bank Communication Management (BCM).
In-depth understanding of ISO 20022 XML Payment Formats.
Experience with Payment File Integration.
Experience with External Banking System Integration.
Proficiency in Payment Methods Configuration.
Proficiency in Bank Determination Configuration.
Experience in Payment Interface Development & Support.
Knowledge of Bank File Formats (XML, Payment Files).
Proven experience in End-to-End SAP Implementation / Transformation Projects.
Ability to create Functional Specifications (FS).
Experience with System Integration Testing (SIT).
Experience with User Acceptance Testing (UAT).
Experience with Defect Resolution & Production Deployment.
Understanding of Banking & Financial Compliance.
Knowledge of SAP FI Banking Processes.
Understanding of SAP Payment Processing Lifecycle.
Experience in Business Requirements Gathering.
Skills in SAP Configuration & Customization.
Experience with Banking Partner Integration.
Strong Cross-functional Stakeholder Collaboration skills.

Responsibilities

Configure and customize SAP FICO modules, specifically focusing on Accounts Payable and Bank Accounting.
Implement and manage electronic payment processes, including Automatic Payment Program (F110), Payment Medium Workbench (PMW), and Bank Communication Management (BCM).
Develop and support payment file integrations, ensuring compatibility with ISO 20022 XML payment formats.
Integrate SAP with external banking systems and banking partners.
Configure payment methods, bank determination, and payment interfaces.
Develop and support payment interface development.
Work with various bank file formats, including XML and other payment files.
Lead and participate in end-to-end SAP implementation and transformation projects.
Create Functional Specifications (FS) for system enhancements and integrations.
Conduct System Integration Testing (SIT) and User Acceptance Testing (UAT).
Manage defect resolution and support production deployment.
Ensure compliance with banking and financial regulations.
Gather business requirements related to banking and payment processes.
Collaborate with cross-functional stakeholders to achieve project goals.