SAP FICO Funds & Grants Management - 00068678831
Job Description, Responsibilities & Requirements
About the Position
SAP FICO Funds & Grants Management - 00068678831
We are seeking a highly experienced SAP FI Funds Management (FM) Consultant to join our Finance functional team. This role focuses on designing, implementing, and supporting SAP Funds Management solutions in large, complex enterprise environments. The ideal candidate will act as a subject matter expert, working closely with finance stakeholders to drive process improvements, system configuration, and seamless integration with core SAP modules.
Responsibilities
- Lead end-to-end SAP FI Funds Management (FM) implementations, from blueprinting through go-live
- Configure and manage Budget Control System (BCS), including budget types, versions, and Active Availability Control (AVC)
- Design and implement FM derivation strategies, rules, and account assignments (Funds, Fund Centers, Commitment Items, Functional Areas, Funded Programs)
- Configure and support integration between SAP FM and FI (GL/AP/AR), MM (Purchasing), and CO to ensure accurate budget consumption
- Analyze and translate business requirements into standard SAP FM functionality while minimizing custom developments
- Provide Level 3 support for complex FM issues, including budget control failures, derivation errors, and year-end closing activities
- Develop detailed project documentation including Business Blueprints, Functional Specifications, UAT test scripts, and training materials
- Conduct workshops with finance leadership and advise on SAP best practices and optimal financial workflows
Requirements
- 10+ years of hands-on experience in SAP FICO
- Minimum of 5–7 years focused on SAP Funds Management (FM)
- At least 2–3 full lifecycle SAP FM implementation projects
- Strong expertise in SAP ECC and S/4HANA Finance environments
- In-depth knowledge of Budget Control System (BCS) and Active Availability Control (AVC)
- Strong understanding of FM master data including Fund, Fund Center, Commitment Item, Funded Program, and FM Area
- Proven hands-on experience configuring SAP Funds Management and integrations
Nice to Have
- SAP Certification in FI or S/4HANA Finance
- SAP Funds Management certification or specialization
- Experience working in large, complex, multi-stakeholder environments
We Offer
- Annual Salary: $83,250 – $112,500, depending on experience and qualifications
- Benefits:
- Medical, Dental, Vision, and Life Insurance
- Paid Holidays and Paid Time Off (PTO)
- 401(k) plan and company contributions
- Short-term and long-term Disability
- Employee Stock Purchase Plan
- Work Model: Hybrid – Washington, DC
About the Company
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process, and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns, and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.com or @cognizant.
Additional Information
- This role is not able to offer visa transfer or sponsorship now or in the future.
- Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
- Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government-issued ID during each interview.
- Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status, or any other characteristic protected by federal, state, or local laws.