How to Become a successful  SAP FICO Consultant?

Why learn SAP FICO?

Becoming a successful  SAP FICO consultant is a long and winding road. Candidates should have a thorough understanding of the SAP FICO module in order to be successful SAP FICO consultants. The candidate should not expect a high income at first. Many people enter this sector for the sole purpose of making money, yet they may get lost in the sea of SAP resources. Before you have a chance to obtain a suitable job in the SAP FICO domain, you must invest a significant amount of time and money.

Consulting firms have been looking for experienced employees that can jump into projects right away over the past few years because they may face a significant risk of hiring an SAP fresher.

It needs more than six months to gain an entry-level job as an SAP FICO consultant at a company. If a candidate does not have any financial experience, it is recommended that he or she spend a few months learning the fundamental accounting processes and accounting entries, which will help them understand the process flow more easily. Most firms prefer an SAP FICO consultant with domain experience since they can better comprehend the SAP process.

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To become an SAP FICO consultant, follow the procedures below:

1. An authorized facility should provide SAP FICO training to a candidate. These centers offer instruction in both SAP FICO modules, namely SAP FI and SAP CO. Any of these modules, or both can be learned depending on the candidate’s needs. The aspirant can take the certification examinations at the end of the training, which will offer you SAP FI or CO credentials. These credentials are required for employment in the SAP area.

2. Learn each section of the SAP curriculum through hands-on instruction. After certification, a candidate can commit around three months to practical training to understand SAP FICO.

3. Candidates with three to five years of domain experience can work for large IT firms such as Wells Fargo, IBM, Infosys, Accenture, and others. Most organizations prefer to hire an experienced individual rather than a new hire, and then train them on SAP FICO as part of an internal project.

If you’re a total newbie or a Fresher

Work as an End-User for 1-2 years:

First, get a position that requires you to operate a business. This is a job with A/R, A/P, Cost Calculations, and so on. SAP is a software application that is utilized by a large number of businesses.

Obtain SAP FICO Certification :

Choose your instructor carefully and receive proper SAP FICO end-to-end instruction. Practicals and system configuration must be included. Don’t only look at PPts that won’t help you in real-time.

Practice, practice, practice – Continue to practice alongside your training so that you don’t forget what you’ve learned.

Start looking for SAP FICO jobs now:

Take every FICO role that comes your way. It doesn’t matter if you’re a Super-user, a Power-user, a Tester, or a Consultant. Don’t worry if you don’t acquire a consultancy position. Begin by keeping a low profile. Then continue looking for a consultancy position. You’d most likely obtain one after an experience.

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Future SAP FICO career opportunities

As the industry expands, more sectors are embracing SAP systems. From a financial standpoint, there will be a big demand in the coming year. In the market, there is only a handful of qualified SAP FICO Consultants with comprehensive subject knowledge.

Conclusion

SAP FICO is one of SAP’s most in-demand modules, and there are plenty of career chances in this industry right now. A candidate interested in working as an SAP FICO consultant should have a thorough understanding of the software. Instead of focusing on SAP FI or SAP CO, a candidate can enroll in SAP FICO Training, which not only helps them become experts but also increases their grasp of reporting and finance accounting in a company.

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