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How to Become a FICO Specialist

A FICO Specialist is a professional proficient in the Financials and Controlling modules of mySAP ERP, the enterprise software program formerly known as ERP, produced by SAP. The Financials (FI) module is designed for automated management and external reporting and has 8 submodules, including General Ledger, Accounts Receivable and Accounts Payable. The Controlling (CO) module, which contains four submodules, is a management instrument for decisions involving cost flow and revenue.

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    Difficulty:
    Moderately Challenging

    Instructions

    1. Prepare to Become a FICO Specialist

      • 1

        Assess your suitability to become a FICO specialist by verifying that you have highly developed computer skills and software proficiency, including the capacity to learn mySAP ERP's proprietary language, ABAP (Advanced Business Application Programming), and high-level expertise in corporate financial functions. You should also be prepared to spend your career working in a multinational corporate environment, since only the largest companies run mySAP ERP.

      • 2

        Complete your academic training with a bachelor's degree in information technology or computer programming, with specialization in enterprise software. Additional course work in finance is also a major asset in this field.

      • 3

        Join SDN, the collaborative SAP Developer Network, to enter the loop of developers, experts and others specializing in work with SAP software including ABAP and mySAP ERP, including its FICO modules (see Resources below).

      • 4

        Supplement your formal academic coursework with continuing education by taking eLearning courses in mySAP ERP available through the SAP Developer Network.

      Find Jobs as a FICO Specialist

      • 1

        Open communication and dialogue with SAP by attending SAP recruiting visits to your campus.

      • 2

        Begin your career working with mySAP and seeking every opportunity to develop mySAP ERP and its FICO modules as your areas of specialization.

      • 3

        Strengthen your FICO experience base while working for SAP by participating in several full lifecycle implementations and gaining delivery and configuration experience in both the Finance and Controlling modules.

      • 4

        Become a FICO specialist and decide whether to continue working directly for SAP or to sign on as a specialist with one of the large multinational companies operating mySAP ERP enterprise software.

    Tips & Warnings

    • MySAP ERP is an extremely complex enterprise software program involving very difficult implementation and operation. While it is very popular with the large multinational companies that use it to ensure real-time integration of production and sales development with company "books," it is likely to continue to require career-long training and updating as systems continue to involve.

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