Job Title : Senior SAP FI / CO Consultant (Pharmaceutical Industry)
Experience : 6-10 Years
Location : Hybrid (Remote & 2-3 weeks onsite in London 4 times a year)
Joining : Within 3 weeks
Job Description :
We are looking for a Senior SAP FI / CO Consultant to join our client, a leading global pharmaceutical company. You will be responsible for configuring and optimizing the SAP Financial Accounting (FI) and Controlling (CO) modules, ensuring they align with the industry-specific needs and regulatory standards of the pharmaceutical sector.
Responsibilities :
- Lead the implementation and optimization of SAP FI / CO solutions tailored to the pharmaceutical industry’s finance and controlling processes.
- Configure financial modules including Chart of Accounts, Financial Statements, Profit & Loss Statements, and Balance Sheets, while ensuring compliance with pharmaceutical regulatory requirements (e.g., IFRS, GAAP).
- Manage accruals, recurring entries, journal entries, and financial closing, with an emphasis on the unique challenges of the pharmaceutical sector, such as R&D costs and drug pricing.
- Work on complex integrations between SAP FI / CO and other modules, including MM and SD, to streamline financial transactions, inventory, and sales.
- Oversee the setup of vendor and customer masters, down payments, automatic payments, collections, and Dunning procedures.
- Collaborate with internal stakeholders to ensure accurate reporting, tax compliance (VAT, excise), and statutory reporting for the pharma industry.
- Support period-end processing and profitability analysis, focusing on cost accounting for clinical trials, production, and distribution of pharmaceutical products.
- Provide leadership and mentoring to junior team members while offering expert guidance on pharmaceutical financial processes.
Skills & Experience :
Extensive experience in SAP FI / CO within a pharmaceutical or life sciences environment.Strong understanding of industry-specific challenges like clinical trial accounting, pharmaceutical inventory management, and government pricing programs.Experience with tax regulations, including VAT and excise duties, as they apply to the pharmaceutical industry.Hands-on experience in SAP S / 4HANA and its financial features.Knowledge of integration points between FI / CO and other pharma-specific SAP modules (e.g., MM, PP, SD).Preferred Skills :
SAP Certification in FI / CO.Experience in regulatory compliance for the pharmaceutical industry.Familiarity with SAP Pharmaceutical-specific solutions (e.g., GxP, GMP).