Damidi Reddy: Senior SAP FICO Consultant/Architect/Manger Contact: (469) 514-9409
Damidi Reddy: Senior SAP FICO Consultant/Architect/Manger Contact: (469) 514-9409
Damidi Reddy: Senior SAP FICO Consultant/Architect/Manger Contact: (469) 514-9409
Experience Summary
A client focused and results driven Senior SAP FICO Consultant with 14 years of experience in IT
Industry, with project management and presales, providing creative solutions to complex problems.
Experienced in SAP configuration, functional design & development, and testing. Strong business
process and financial accounting knowledge with a keen understanding of SAP functionalities,
integration aspects and implementation methodologies.
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Skill Set
ERP Packages: SAP R/3, ECC 6.0 SAP S/4 HANA Financials 1709,1809 & 2020
Software tools: MS Access, MS Excel, MS Word, Outlook, PowerPoint, Microsoft Visio.
Utilities: HP Quality Center, Service Now Desk, Win shuttle templates, Jira
Interpersonal qualifications consisting of process Improvement, strategic planning, verbal
communication skills, customer focus, management proficiency, and managing profitability.
Business qualifications consisting of cost Accounting, budget development, financial planning and
strategy, and quality assurance.
Certifications
SAP Certified Application Professional – Financial Accounting in SAP S/4HANA for SAP ERP Finance
Experts 1709
Pittsburg Water and Sewer Authority Nov’20 – Present
SAP S/4 HANA FICO Principal Consultant & Delivery Manager – S/4 HANA 2020 Greenfield
Implementation
Managed the greenfield implementation of SAP S/4 HANA 2020 (FICO, MM & Data migration)
Functioning as a trusted advisor and suggested SAP best practice processes to the business partners.
Implementation of SAP S/4 HANA 2020 best practices to meet identified business needs and ensure
the accurate implementation of policy, practice, and process.
Managing and leading onshore & near-shore project resources (FICO, MM & Data migration) and
meeting the deliverable deadlines.
Managing stakeholders, ensuring timely and accurate communication to address their issues and to
keep them updated on project related matters (E.g., incidents, queries)
Architect and Design SAP S/4 FICO solutions for the business processes
Hands-on when needed and helped the team solve problems and get through crunch periods.
End to end understanding of a typical business process and how all the functions and processes
work together.
Responsible to map Existing Business Process (FICO & MM) into SAP S/4 HANA 2020
Involved with all phases of implementation from Pre- sales to development of business User stories,
conducting workshops, GAP Analysis, Data migration etc.
Prepared the Agenda and schedule for the FICO workshops with the business as per their
availability.
Presented and lead discussions on SAP functionality as it relates to current operational needs.
Created project plans with milestones and clear deliverables aligned with scope to meet the
expectations of the Stakeholders.
Coordinated with all other modules (FICA & CIS) to ensure that all integration points with SAP are
understood and considered in design decisions.
Participated in the planning, development, configuration and troubleshooting of SAP systems.
Influenced, trained, mentored and leveraged the skills of other SAP Consultants.
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Marvel Technologies – SAP Pre Sales April ’20 – May’20
SAP solution pre-sales activities (RFP response, Demo Preparation and Delivery timelines)
Developed SAP FICO S/4 HANA demonstrations and presentations to Pittsburg water and sewer Authority
(Utilities)
General Ledger, Accounts Payable, Accounts Receivable, Cash/ Bank Reconciliation and management,
Fixed Assets, Inventory Management, Project Accounting, Budgeting & Reporting
Senior Consultant & Solution Architect FICO – S/4 HANA 1809 Implementation
Captured architectural requirements with business process owners and developed the
functional design/solution for S/4 HANA.
Collaborated closely with Business Partners and Development teams and Stakeholders in
planning and delivering the Project.
Facilitated meetings to remove impediments and avoid escalations.
Designed Enterprise Structure (Chart of Accounts, Profit Centers and Cost Centers)
Facilitated gathering of User stories and architected optimum and robust solutions using Agile
Methodology.
Executed SAP FI-CO/FICA/Reporting needs by defining requirements, functional specifications,
testing, training, and rolling out of functional and system changes to end users.
Identified business pain points and improving SAP FI-CO, FICA and Revenue Recognition for
prepaid customers.
Reverse-engineering undocumented accounting processes and posting rules in SAP
Collaborated directly with finance business groups to resolve finance master data issues and
develop recommendations/options to the group on how to best address/resolve issues.
Designed and architected Finance master data and reporting needs
Designed SOD, FIORI tiles and SAP security roles in Finance area.
Tested the whole end to end process for GL, Profit center reports and SOD (Fiori Tiles)
Trained end users for month end close processes.
Project: Acquisition and integration of a new brand (Le Labo) into the global template
Integrate/ Interface Estee lauder retail POS system (REVEL) to SAP GL and update COPA
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AR, AP, Fixed Assets upload and realignment
Project: Global adaption of new IFRS 15 Revenue Recognition Policies for Estee Lauder Companies.
Custom Program to differ revenue and costs GWP (Gift with Purchase) and PWP (Purchase with
Purchase) provided to customers as performance obligations under the new revenue standard
Establish a standalone selling price (SSP) estimate for promotional goods (Gift with Purchase)
Support the total SSP for promotional goods (for relative SSP allocation)
Allocation and deferral of revenue for unfulfilled promotional goods or recognition of revenue and
creation of a contract asset when promotional goods are fulfilled faster than saleable product
Calculating a deferral of revenue for undelivered promotional goods for promotional programs
Change in classification for samples, testers and collateral (supplies) from SG&A to COGS
In SAP, change the account determination for all sample and tester SKUs so that the expense is
recorded in COGS VS OPEX when inventory is relieved
For arrangements with third-party retailers where demonstration salary, commissions, and/or
benefits are reimbursed by ELC and the reimbursement is based on a percentage of audited retail
sales (% ARS), those payments to the customer classified as a reduction in revenue in the income
statement.
For arrangements where ELC employs the demonstrator, and is billing back the retailer based on a %
of ARS, or a formula that is calculated to fluctuate based on ARS, those payments received from the
customer characterized as additional revenue in the income statement.
Loyalty Programs: Loyalty programs are considered material rights under the new Rev Rec Standard,
and therefore must be accounted for as a performance obligation, Estimate the SSP & calculation of
deferred revenue for Loyalty Points/programs
Sales Return Process Change, Promo Cost Classification Changes, Promo Timing of Costs, Promo
Goods Deferral of Revenue, Training Cost Classification, Promotional Coupons
New GL Accounts, Financial Reporting Roll-Ups, COPA Value Field Assignments
COPA Value Field Assignment Changes: Assignment of existing SD conditions to COGS value fields.
Update GR 55 Reports and FSV
Dual reporting under current GAAP and the new revenue standard
Coordinated change impact communications to the regions and affiliates at different stages of the
project (construction, testing, deployment).
Communicate regularly with finance/accounting teams to keep ASC 606 top of mind and help them
understand and accept change impacts
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Involved during blueprinting and realization phases of the project.
Lead the Finance Requirements Gathering phase and was instrumental in designing the solution
documents by conducting design workshop meetings with Finance business team.
FASB guidelines are met for ASC 606
Automated Revenue allocation processes
Developed Interfaces for Revenue accounting classes. And enhanced to with custom dictionary
objects to meet client requirement.
Configured different types of POBs (Manual, Event, Time based POB’s) based on business scenarios.
Configured to create Contract from Operational documents to do contract acquisition as per IFRS 15.
Worked SSP based price allocation for performance obligations.
Configured system to merge contracts or performance obligations as per business requirement.
Configured system to upload manual revenue contracts as per business requirements.
Worked on Contract asset and liability.
Worked on to see that SAP RAR supports Multiple currencies which available in SAP RAR 1.3.
Worked on Migration from old revenue recognition model to new revenue recognition model.
Guided business to effectively to do month end revenue closing using SAP RAR as per IFRS 15.
Revenue postings are automated based on rule or performance obligations.
Revenue financial records and reporting systems are auditable.
Worked on SAP RAR BW reports (Contract asset vs unbilled vs contract liability).
Required data flows to reporting systems to meet internal, external and tax requirements
To enable external revenue reporting in compliance with ASC606/IFRS15 including allocations based
on standalone selling price
Enable use of BW as reporting tool for data generated by RAR and (subsequent FI postings)
Designed process flows and forms for requesting various finance objects, with an approval process,
as in Finance Org structure, GL accounts, Cost centers, Profit centers, Internal Orders, WBS
elements, House Banks, Customer Master & Vendor Master through “Service Now” desk.
Designed “Service Now” desk request forms for New/Change existing SAP Finance Master Data.
Demonstrated solution specifics to IT Directors, Managers and Business Process Owners through
meetings and presentations.
Configured various finance data elements for Org structure, Customer, Vendor, Product like recon
accounts, GL accounts, Account keys, Cost Centers, Profit Centers, WBS Elements, hierarchies etc.
Responsible for establishing consistent data definitions, monitoring/auditing the data quality.
Established governance guidelines and principles for MDM team.
Identified, analyzed and resolved data issues, related to uniqueness, integrity, accuracy, consistency
and completeness.
Assisted users through service desk tickets with problems and resolved data issues independently.
Trained the SAP MDM users and prepared very high-quality Job Aids/Instruction manuals which
enabled the MDM users to resolve more than 100 tickets a day with minimal intervention.
Created primary and secondary cost elements, maintained cost element attributes, cost centers,
standard hierarchy, and assigned the cost elements to various cost centers.
Created Bank Master data, House banks, G/L accounts for each bank account and reconciliation
accounts for vendors, customers and assets.
Participated in Project Preparation, Business Blueprint, Realization, and End user training & Post go
live support.
Regular Interaction with users to ensure proper understanding of the Business Requirements (BPD’s)
and Functional specifications.
Analyzed the as-is system and gathered functional requirements for the to-be system.
Configured the functional process design built in Business Blueprint Phase.
Participated in decision-making for the screen layout of Master Records including General Ledger,
Vendor Master Record, and Customer Master Record etc.
Configured House Banks, Bank Accounts, Check Lots, Reason codes etc.
Configured Vendor Groups & Assigned number ranges to vendor groups.
Maintained Vendor Group Field Status for General Data, Company Code Data & Purchasing Data
that reflected on the Vendor Master Records.
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Worked on GL, AR, AP with MM purchasing, Logistics Invoice verification.
Maintained Employee Tolerance Groups & Customer Tolerance Groups.
Customized Operating Chart of Accounts, Group Chart of Accounts & Country Chart of Accounts.
Maintained the Operating Chart of Accounts by adding new G/L accounts as per the client’s
requirements.
Customized G/L Display Configuration and Created New G/L accounts as per the Business
Requirements.
Configured OBYC and VKOA as part of MM & SD integration with FI.
Configuration of various areas including purchasing and Inventory Management.
Provided functional specifications for custom reports.
Configured the payment program & designed the form for Checks along with the MICR code.
Involved in all stages of testing process functional testing, regression testing and integration testing,
and User Acceptance Testing (UAT)
ECC 6.0
Understand the current As-Is process and provide a solution by performing GAP Analysis.
Create functional specifications for the custom solution for clearing customer invoices.
Discuss all the scenarios possible with the business team to make sure the solution addresses them.
Involved in Integration and User Acceptance Testing with other functional and business teams.
Issue documentation and User documentation and training.
Provide solutions and advices in the development process and track issues and resolutions using HP
Quality center.
Enhance standard functionality to populate custom text on the FI document during clearing.
Automatic creation of IDOC’s and processing and clearing of residual items.
Configure reason codes for credit card and bank charges used in account determination.
Automatic write off Chargeback’s or residual item creation based on reason
codes
Automatic write off of customer payment differences to various reason codes
based on user-based Tolerances
Automatic spilt of FI Document if more than 999 lines
ECC 6.0
Interfaced directly with business users to facilitate requirements gathering. Helped to design
business process and system solutions.
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Participated in blueprinting, gap analysis, design finalization & writing function specifications for the
development objects which included reports, forms & interfaces in the areas of GL, AR, AP, Banking,
Cost center Accounting.
Prepared training material & gave training to Key users & end users.
Prepared specifications for mapping data between legacy system and SAP and worked on master
and transactional data migration.
Supported multiple sites spread across North America & light support to EU sites in FI & CO.
Involved in vertex interface configuration for Tax.
Developed functional specifications for various custom reports.
Configured payment program for Wire transfers, local checks, centralized check printing, direct
deposits.
Configured electronic banking & automatic bank reconciliation.
Worked on GL master, Vendor master, Customer master, & open item (for GL, AR & AP) conversion
using LSMW & BAPI’s.
Worked on periodic & annual closing procedures for FICO & cross-stream modules.
Configured necessary settings for various transactions like revaluation, transfer, retirement of
assets, acquisition of assets, post-capitalization etc.
Worked on Budgeting, commitment management & automatic upload of CCA & PCA budgets.
Developed integration test scripts & tested them in coordination with SD, PP & MM Modules
Configured the required settings for acquisition through Lease, Posting Investment subsidies,
Revaluation of assets, Posting Depreciation etc.
Configured necessary settings for Assets under construction and settling the same to Fixed Assets.
Around 2 years of experience working as a Business/Systems Analyst. Experience includes working in the
areas of Insurance, Finance, Banking and Healthcare. Business analysis, Requirement analysis and Use
Case development specialist. Strong experience in use case development, GAP analysis, user stories,
change management, business process analysis, waterfall methodology, design and re-engineering.
Strong understanding of Software Development Life Cycle (SDLC), including strong knowledge of RUP
methodology. Conducting Joint Application Design (JAD) Sessions and communicating with Stakeholders,
Development team, SMEs, System Analyst, Business Analyst and Project Manager. Excellent analytical
skills for understanding the business requirements, business rules, business process and detailed design
of the application.
Effective communication skills between cultures are a must-have in today’s multicultural workplace. I
have helped numerous executives, managers, and employees learn how to communicate effectively and
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deal appropriately with colleagues and customers from different backgrounds. These goals have directly
related to bottom line issues such as productivity, motivation, employee retention, and customer
satisfaction during my time in this position.
Manager/Owner - Operations and Training - Food and Beverage Industry 1996 -2005
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