Job Title: Senior Consultant | SAP FICO | Noida | SAP | DSA Metals, Mining and Industrial
Job Summary
We are seeking a highly experienced SAP FI Senior Consultant with strong expertise in Commodity Accounting, Financial Accounting (FI), and SAP S/4HANA Finance to support and enhance finance processes within a dynamic Metals business environment.
The ideal candidate will have extensive experience in commodity-based industries such as Steel, Aluminum, Copper, Zinc, Iron Ore, Ferro Alloys, and Mining, with a thorough understanding of commodity trading, provisional pricing, metal accounting, inventory valuation, hedge accounting, and financial close processes.
This role will be responsible for solution design, configuration, business process optimization, system support, and project delivery while working closely with Finance, Commercial, Trading, Procurement, Supply Chain, and Treasury teams.
Key Responsibilities
SAP FI Functional Consulting
- Lead SAP FI design, configuration, testing, deployment, and support activities.
- Provide expertise across:
- General Ledger (GL)
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Asset Accounting (AA)
- Bank Accounting
- Taxation
- Financial Closing and Reporting
- Analyze business requirements and translate them into SAP solutions.
- Support month-end, quarter-end, and year-end financial closing activities.
- Ensure compliance with accounting standards and internal control requirements.
Commodity Accounting & Metals Business Support
Support finance processes associated with:
- Metal procurement and sourcing
- Commodity purchases and sales
- Concentrate accounting
- Smelter accounting
- Tolling arrangements
- Metal inventory accounting
- Precious and base metals accounting
- Commodity contract settlements
- Sales and purchase contract accounting
- Inventory valuation and revaluation
Manage accounting requirements related to:
- Provisional pricing
- Quotational period pricing (QP)
- Commodity price adjustments
- Final settlement accounting
- Gain/loss calculations
- Treatment and refining charges (TC/RC)
- Metal ledger reconciliations
- Commodity exposure reporting
Financial Process Design
- Design and optimize end-to-end finance processes.
- Support automation of accounting and reporting activities.
- Improve financial controls, process efficiency, and data integrity.
- Collaborate with business teams to identify improvement opportunities.
- Ensure standard SAP best practices are adopted wherever feasible.
SAP S/4HANA Finance
Support and configure key S/4HANA Finance functionalities including:
- Universal Journal
- New Asset Accounting
- Business Partner Integration
- Parallel Accounting
- Group Reporting
- Financial Close Processes
- Material Ledger Integration
- Document Splitting
- Profit Center Accounting
Participate in S/4HANA implementation, migration, and transformation initiatives.
Integration Management
Work closely with cross-functional teams to ensure integration between SAP FI and:
- SAP CO
- SAP MM
- SAP SD
- SAP TM
- SAP EWM
- SAP Treasury & Risk Management
- SAP Commodity Management
- SAP GTS
- Third-party commodity trading platforms
Support seamless transaction flows from procurement through production, sales, settlement, and financial reporting.
Commodity Pricing & Settlement Support
Provide expertise in:
- Commodity procurement contracts
- Trading and hedging processes
- Price variance accounting
- Commodity valuation models
- Futures and derivatives accounting
- MTM (Mark-to-Market) reporting
- Provisional invoice accounting
- Settlement reconciliation processes
Collaborate with Commercial, Trading, Treasury, and Finance teams to ensure accurate financial reporting.
Business Support & Solution Delivery
- Conduct requirement gathering workshops.
- Prepare functional specifications and process documentation.
- Support integration testing, UAT, and deployment activities.
- Resolve production issues and provide business support.
- Deliver user training and knowledge-transfer sessions.
- Support audit and compliance requirements.
Required Qualifications
Education
- Bachelor's degree in Commerce, Accounting, Finance, Information Technology, Engineering, or related discipline.
- CA, CMA, CPA, ACCA, MBA (Finance), or equivalent qualification preferred.
Experience
- 6-10 years of SAP FI consulting experience.
- Minimum 5 years of hands-on SAP FI configuration experience.
- Strong experience within commodity-focused industries.
- Experience in at least two full lifecycle SAP implementation projects.
- Proven experience supporting SAP S/4HANA Finance initiatives.
Preferred Industry Experience
- Steel Manufacturing
- Metals & Mining
- Aluminum Production
- Copper Smelting & Refining
- Zinc & Lead Operations
- Ferro Alloy Manufacturing
- Commodity Trading Organizations
- Mining & Natural Resources
Technical Competencies
Mandatory
SAP FI
- General Ledger (GL)
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Asset Accounting (AA)
- Bank Accounting
- Taxation
- Financial Closing
- Financial Reporting
Commodity & Metals Accounting
- Commodity Contracts
- Provisional Pricing
- Quotational Pricing
- Inventory Valuation
- Commodity Settlement
- Commodity Cost Accounting
- Metal Accounting
- Financial Reconciliation
SAP S/4HANA
- Universal Journal
- Business Partner
- Group Reporting
- Material Ledger
- Parallel Accounting
- New Asset Accounting
Preferred
- SAP Commodity Management
- SAP Treasury & Risk Management
- SAP Central Finance
- SAP Group Reporting
- SAP Analytics Cloud (SAC)
- SAP BTP
- SAP FSCM
Functional Knowledge
Strong understanding of:
- Commodity procurement lifecycle
- Metal concentrate accounting
- Smelter accounting
- Commodity pricing mechanisms
- Inventory valuation methodologies
- IFRS and local accounting standards
- Financial reporting and compliance
- Commodity risk management principles
- Supply chain finance processes
Soft Skills & Leadership Competencies
- Strong stakeholder management skills
- Excellent analytical and problem-solving abilities
- Strong communication and presentation skills
- Ability to engage effectively with Finance and Commercial teams
- Ability to work in global and cross-functional environments
- Strong documentation and process-mapping capability
- Self-driven with a continuous improvement mindset
Key Performance Indicators (KPIs)
- Accuracy of commodity accounting and settlements
- Timeliness of month-end and year-end close
- Resolution time for SAP FI incidents and enhancements
- Financial reconciliation accuracy
- User satisfaction and business adoption
- Audit observations and compliance adherence
- Successful project and enhancement delivery
- Reduction of manual accounting processes
Preferred Certifications
- SAP Certified Application Associate – SAP S/4HANA Financial Accounting
- SAP S/4HANA Finance Certification
- SAP Commodity Management Certification (Preferred)
- SAP Treasury Certification (Preferred)
- CPA / CA / CMA / ACCA
- PMP or Agile Certification (Preferred)
Ideal Candidate Profile
A finance-focused SAP professional with deep expertise in SAP FI and commodity accounting, capable of supporting complex metals industry processes involving commodity procurement, provisional pricing, metal settlements, inventory valuation, hedging impacts, and financial reporting. The ideal candidate combines strong SAP S/4HANA Finance knowledge with hands-on experience in Steel, Aluminum, Copper, Zinc, Mining, or Commodity Trading environments, enabling accurate and efficient management of commodity-driven financial operations.