SAP IM / Inventory Management Functional Consultant - FI Integration
Role: SAP IM Functional Expert / SAP MM-IM Consultant
Experience: 12-13+ years
SAP: ECC
Job Summary
Senior SAP Inventory Management (IM) functional expert with strong experience in SAP MM-IM processes and a deep understanding of the associated FI/CO financial postings. The consultant will be responsible for analyzing inventory processes, configuring/validating SAP IM transactions, troubleshooting inventory-related accounting postings, and working closely with MM, FI/CO and business teams.
Key Responsibilities
- Provide functional expertise across SAP Inventory Management (IM) and related MM processes.
- Analyze and support inventory transactions including:
- Goods Receipt (GR)
- Goods Issue (GI)
- Stock Transfer / Transfer Posting
- Inventory Adjustments
- Movement Types
- Physical Inventory
- Returns
- Subcontracting and consignment inventory, as applicable.
- Understand and validate the FI accounting documents generated from inventory movements.
- Analyze the relationship between material movements, valuation, and financial postings.
- Troubleshoot issues involving:
- Inventory / stock accounts
- GR/IR
- Consumption accounts
- Inventory valuation
- COGS
- Vendor/customer-related postings
- Tax postings, where applicable.
- Work with FI/CO teams to reconcile MM inventory balances with FI General Ledger balances.
- Support investigation of discrepancies between material documents, accounting documents and GL postings.
- Analyze financial impact of inventory transactions during business process changes and SAP implementations/upgrades.
- Work with business stakeholders to understand current-state processes and recommend improvements.
- Prepare functional specifications, process flows, configuration documentation and test scenarios.
- Support SIT/UAT, defect resolution and deployment/Hypercare activities.
Required Skills
SAP IM / MM
- Strong hands-on experience with SAP MM-IM / Inventory Management.
- Deep knowledge of SAP movement types and inventory processes.
- Experience with material valuation and inventory accounting.
- Strong understanding of stock types and inventory statuses.
- Experience with physical inventory processes.
FI/CO Integration
- Strong understanding of MM-FI integration.
- Hands-on experience troubleshooting accounting documents generated from MM transactions.
- Understanding of standard vs. moving average price and their impact on financial postings.
- Ability to trace a transaction from business process -> material document -> accounting document -> GL account.