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SAP Fico is one of the most sought-after careers in India. The SAP Fico is currently booming in India due to its increasing popularity. The SAP Fico is an inevitable solution for enterprise business problems. The SAP Fico stands for the SAP Finance (FI) and Controlling (CO) components which are in the SAP ERP (Enterprise Resource Planning)’ integrated module.
Why SAP FICO?
The SAP Fico integration concentrates on controlling and managing financial and management accounting by allowing a seamless flow of data. The SAP FICO career is highly competitive and challenging at the same time. Those who wish to invest in the SAP Fico sector should find the best platform to learn the latest methodologies and technologies used by experts in the field to gain practical knowledge in SAP Fico.
The SAP Fico offers financial stability to the SAP Fico specialists. The top companies are currently hiring potential employees to supervise and manage the data flow with the help of the latest technologies. The companies in India are very keen on averting chances of loss. Thus, they try to invest more in hiring the best employees under the various posts of SAP Fico.
If you want to become a highly qualified SAP Fico specialist, make sure that you get the course certificate from the approved coaching platforms. Entri’s SAP Fico coaching offers you a new learning experience with experienced mentors and a personalized learning space. The learners will get the best chance to learn the nuances of SAP Fico within a limited period. You can also join the sessions after attending the free demo sessions.
SAP Fico offers potential career growth to those who wish to flourish in the SAP Fico sector. Entri’s SAP Fico training equips you to understand financial accounting and management accounting with more clarity and precision.
SAP FICO: Career Opportunities
1: Accounting provides information on
SAP FICO career in modern times is a professionally valued job in the job market. As it is a blend of both finance and technology, the job value is considerably high when compared to other job posts. If you could gain enough experience and expertise in the SAP Fico field, you can expect alluring packages for the various job posts in the sector. Along with your skill sets and expertise in the field, you can finally keep your expectation ladder up. The SAP Fico is a highly paid career in India. Read to know more about the salary package offered for the SAP Fico specialists.
Job opportunities in SAP FICO
If you wish to have growth in your career, the best option is to choose SAP Fico. You can select your desired position based on your expertise in the field. You can work as a Junior/ Senior SAP Consultant, Accountant, Senior Finance Manager, Financial Analyst, Data Analyst, Project Manager, BI and Reporting Professional, and Accounts Payable Analyst. The salary for each post varies based on your experience. Based on the years of experience, the salary package shows the change.
The SAP Fico is a high-demand career. SAP Fico professionals are needed across various industries in India. The major companies are hiring SAP Fico professionals to maintain stability in the growth and development of their companies. Decision-making, policy-making, reporting, creating data, recording, managing, coding, and reporting are all crucial for the growth of a company.
Join Entri’s SAP FICO Training Course today!!
Sap Fico Salary in India
The financial progress of the company is solely depending on the ability and skills of the SAP Fico professional. The financial processes are managed by the skilled professionals in the top-notch industries. As the SAP Fico specialists are in high demand, their salary package is also attractive.
In India the salary package of SAP Fico professional ranges between ₹ 3.5 Lakhs to ₹ 12.0 Lakhs. The average annual salary of ₹ 7.7 Lakhs is the net worth of a SAP Fico professional. The estimation is done based on the recent salary packages offered by popular companies to SAP fico specialists in India. You can expect a per month salary of ₹ 45,597 – ₹ 46,678/month.
As per the records, the average salary is ₹7,50,186 per year for for SAP FICO Consultant in India. The salary compensation that the professionals receive in India ranges between ₹42,546 – ₹1,37,700. They receive a salary of ₹29.2k per month.
The minimum experience required for the SAP Fico professionals is 2 years. Industry knowledge and practical knowledge are inevitable to survive in the field of the SAP fico sector. The SAP Fico is an evolving sector. You should upgrade yourself to the modern skills and techniques required for the SAP Fico professional.
The Highest salary of a SAP Fico professional can be ₹12.0 Lakhs per year where the monthly salary can be ₹1.0L per month. The lowest salary is ₹4,93,296 per year for a SAP Fico specialist as a fresher.
With less than three years of experience, the average salary that a SAP Fico specialist can earn is ₹4.4 Lakhs per year. With 4 to 9 years of experience, the SAP Fico Consultant can earn an average salary of ₹7.3 Lakhs per year, while an average salary of ₹11.8 Lakhs per year will be earned by a truly experienced SAP Fico Consultant with 10-20 years of experience.
Top Paying Cities for SAP FICO Consultants in India
Here is the list of cities paying high salaries for the SAP Fico professional India. Based on the cities, the pay scale changes. With experience, professionals can expect a high range of salary.
Name of the cities | Salary package for SAP Fico Professionals |
Bangalore | ₹6.8 Lakhs per year |
Mumbai | ₹7.1 Lakhs per year |
Pune | ₹6.9 Lakhs per year |
Hyderabad | ₹6.8 Lakhs per year |
Chennai | ₹6.8 Lakhs per year |
If you wish to receive a high pay scale, you should upgrade your skills to impress your employer. The top skills that you require include, SAP FICO, SAP FI, FICO, Product Costing, and SAP FICO Implementation.
SAP FICO Salary Based on Experience
The salary of the SAP Fico specialist may vary based on the years of experience. The experience and the salary package offered to the candidates are given below for reference.
Years of experience | Salary Package |
3 years | ₹12.6 Lakhs |
4 years | ₹13.9 Lakhs |
5 years | ₹15.3 Lakhs |
6 years | ₹16.7 Lakhs |
7 years | ₹18 Lakhs |
8 years | ₹19.4 Lakhs |
9 years | ₹20.8 Lakhs |
10 years | ₹22.1 Lakhs |
11 years | ₹23.5 Lakhs |
SAP FICO Salary Packages in Different Departments
The different department under the SAP Fico sector offers different salaries. Refer to the table below to get a proper understanding of the department-wise salary.
Department | Salary Package |
Consulting | ₹7.7 Lakhs
|
Project & Program Management
|
₹7.9 Lakhs
|
Data Science & Analytics
|
₹11.7 Lakhs |
BFSI, Investments & Trading
|
₹4.9 Lakhs
|
Finance & Accounting
|
₹7.7 Lakhs
|
Engineering – Software & QA
|
₹7.9 Lakhs
|
IT & Information Security
|
₹7.8 Lakhs
|
Customer Success, Service & Operations
|
₹5.3 Lakhs
|
Engineering – Hardware & Networks
|
₹8.3 Lakhs
|
Content, Editorial & Journalism
|
₹6.3 Lakhs
|
Procurement & Supply Chain
|
₹4.8 Lakhs
|
Human Resources
|
₹6.1 Lakhs
|
Strategic & Top Management | ₹7.5 Lakhs
|
Administration & Facilities
|
₹4.7 Lakhs
|
Research & Development
|
₹3.8 Lakhs
|
Companies In India and Average SAP FICO Salary
The top-notch companies in India offer a salary for the SAP Fico professional which is highly alluring. Those who are interested in working with India’s best business firms can check the salary scale given below.
Name of the company | Annual Package |
TCS | 7.9 L |
Accenture | 8.4 L |
Capgemini | 7.6 L |
Tech Mahindra | 6.8 L |
IBM | 9.6 L |
Infosys | 8.7 L |
Cognizant | 7.4 L |
Genpact | 7.2 L |
Yash Technologies | 7.0 L |
Wipro | 7.0 L |
The enthusiastic learners will also get a chance to improve their networking and polish their SAP Skills with the help of field experts. The curriculum for the course is specially designed by the SAP Fico Specialists with years of experience which covers all the aspects of SAP Fico from the basics to the advanced level. Join Entri to master SAP Fico with accuracy!
Join Entri’s SAP FICO Training Course today!!
Sap FICO Average Salary in India (2024): FAQs
1. What is the annual salary package offered to SAP Fico professionals?
Ans: In India the salary package of SAP Fico professional ranges between ₹ 3.5 Lakhs to ₹ 12.0 Lakhs.
2. What is the highest salary range of the SAP Fico professional?
Ans: The Highest salary of a SAP Fico professional can be ₹12.0 Lakhs per year where the monthly salary can be ₹1.0L per month.
3. What is the lowest salary range of an SAP Fico professional?
Ans: The lowest salary is ₹4,93,296 per year for a SAP Fico specialist as a fresher.
4. What is the average salary offered by TCS?
Ans: The annual purchase offered by TCS to SAP Fico professionals is 7.9 L
5. Can the salary package change with the experience?
Ans: Yes. With years of experience, the salary package can change. The companies are expecting experienced candidates for the various departments of SAP Fico. With less than three years of experience, the average salary that a SAP Fico specialist can earn is ₹4.4 Lakhs per year. With 4 to 9 years of experience, the SAP Fico Consultant can earn an average salary of ₹7.3 Lakhs per year, while an average salary of ₹11.8 Lakhs per year will be earned by a truly experienced SAP Fico Consultant with 10-20 years of experience
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