Hi ALL,

We are hiring SAP FICO Consultant with the below skills with one of my direct clients. Location: Edmonton, Canada-onsite

Minimum 8-10 years of experience

SAP FICO (Financial Accounting and Controlling) and SAP TRM (Treasury and Risk Management) are key components within the SAP ERP system that help organizations manage their financial processes and risks effectively. Here's a brief overview of each:

SAP FICO

SAP FI (Financial Accounting):

General Ledger Accounting: Central component where all accounting transactions are recorded.

Accounts Payable: Manages vendor transactions and payments.

Accounts Receivable: Manages customer transactions and payments.

Asset Accounting: Manages company assets and their depreciation.

Bank Accounting: Manages bank transactions and statements.

Consolidation: Combines financial statements from multiple entities.

SAP CO (Controlling):

Cost Element Accounting: Tracks costs and revenues.

Cost Center Accounting: Manages costs by department or area.

Internal Orders: Tracks costs of specific tasks or projects.

Activity-Based Costing: Allocates costs based on activities.

Profitability Analysis: Analyzes profitability by market segment.

Product Cost Controlling: Tracks costs related to the production process.

SAP TRM (Treasury and Risk Management)

Treasury Management:

Cash and Liquidity Management: Ensures adequate liquidity and manages cash flow.

Debt and Investment Management: Manages financial instruments, including loans and investments.

Financial Risk Management: Identifies and mitigates financial risks.

Risk Management:

Market Risk Management: Assesses risks related to market changes, including interest rates and foreign exchange rates.

Credit Risk Management: Manages credit exposure and counterparty risks.

Operational Risk Management: Identifies and mitigates risks related to operations