SAP FICO Consultant – AP & Banking (ISO 20022)

Delan Associates•Mahwah, NJ

4d•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. This role is crucial for implementing and supporting electronic payment solutions and integrating with external banking systems. The consultant will be responsible for end-to-end project lifecycles, including configuration, customization, testing, and deployment, while ensuring compliance with banking and financial regulations.

Requirements

Minimum of 7 years of experience in SAP FICO.
Extensive experience with SAP Accounts Payable (AP).
Proficiency in SAP Bank Accounting.
Strong understanding of Electronic Payments.
Expertise in Automatic Payment Program (F110).
Experience with Payment Medium Workbench (PMW).
Knowledge of Bank Communication Management (BCM).
Familiarity with ISO 20022 XML Payment Formats.
Experience in 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).
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 in 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.
Proficiency in SAP Configuration & Customization.
Experience with Banking Partner Integration.
Strong Cross-functional Stakeholder Collaboration skills.

Nice To Haves

15+ years of overall experience.

Responsibilities

Configure and customize SAP FICO modules, specifically focusing on Accounts Payable and Bank Accounting.
Implement and support electronic payment solutions, including the Automatic Payment Program (F110) and Payment Medium Workbench (PMW).
Manage Bank Communication Management (BCM) functionalities.
Configure and support ISO 20022 XML payment formats and other bank file formats (XML, Payment Files).
Develop and support payment file integration and external banking system integration.
Configure payment methods and bank determination.
Develop and support payment interfaces.
Lead and participate in end-to-end SAP implementation and transformation projects.
Create Functional Specifications (FS) for system enhancements and developments.
Conduct System Integration Testing (SIT) and User Acceptance Testing (UAT).
Manage defect resolution and production deployment processes.
Ensure adherence to banking and financial compliance standards.
Support SAP FI Banking processes and the SAP payment processing lifecycle.
Gather business requirements from stakeholders.
Collaborate with cross-functional teams and banking partners.