Career in SAP Financial and Controlling

We have obtained information about SAP Financial and Controlling from Emiliyan  Tanev who is currently working as SAP Financial Process Manager in  FMCG Retail Company. From his teenage years he was always split between accounting and computers. He did his graduation with field of study -Financial Control.


Emiliyan Tanev in the year 2007 joined SAP. At SAP -FICO he had the chance to gain understanding and practice in :- internal and external reporting, product costing and pricing , cash flow management, internal control systems and many other things related to financial management as a whole. Since 2007 he has been working at SAP.


SAP FICO where FI stands for "Financial Accounting" and CO for "Controlling " is an important module in ERP (Enterprise resource planning).FI and Co modules of SAP are relevant to the storages of  financial transactions data.



A SAP FICO consultant does the job of going through the business processes and requirements of customers and mapping them into SAP through appropriate customizations. The job of a SAP FICO consultant is something that symbolizes one of the most lucrative career paths today. It is also very suitable career path for professionals from Finance Sector and fresher candidates who are looking to break into SAP. While SAP is an ERP software implemented for effectively managing various resources of a company, SAP FICO stands for software employed for managing Accounts and Finance in the organization. That's why SAP FICO is one of the top choices for accounts folks.


To pursue this career an undergraduate degree like Bcom is required or even candidates with post graduate degrees like MBA are  suitable for pursuing this field .SAP FICO is particularly suitable for those with Finance or Accounting degrees like CA/ICWA.

The candidates need banking domain knowledge and knowledge of SAP configuration ,good communication skills , interpersonal skills,  acquaintance with  implementation  projects
and problem solving skills to pursue this career.



According to Tanev  many services companies like TCS, Infosys etc have always been recruiting fresh CA's /MBA's from colleges. They train them in SAP FICO for 6-8 weeks and the put them in projects as Shadow resources. That is the best way to get work and make them learn.






According to payscale.com, salary for SAP Consultants is in the range of Rs-283141-Rs 1268621.Median salary is Rs 633805.



SAP consultants are well paid and SAP is seen as one of the most popular job oriented courses .SAP FICO is said to offer more openings than the other modules of SAP. Candidates who have experience in Accounts or Finance can opt for senior level roles in SAP projects after doing a course in SAP FICO. MBA ( Finance),B com and BBA graduates with SAP FICO certification and experience can look forward to bright job prospects both in India and overseas.



SAP FICO Training Institutes in India:-


New Maars Software India , T Nagar , Chennai.


Experts Academy , West  Mambalam , Chennai.


E Max Technologies  Ameerpet , Hyderabad.


Dimensionally Software Services , Ameerpet , Hyderabad.


SAP Institute of Technology (SIT) , Bangalore.


Sky InfoTech , Noida, Delhi.


CTC Nation-UCPL, Laxmi  Nagar, Delhi .