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Muhammad (Furqan) Zafar-Senior SAP CO Consultant

Muhammad (Furqan) Zafar - Senior SAP CO Consultant - profile avatar
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Kuala Lumpur, Malaysia

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Experience

May 2025 - Present
Kuala Lumpur, Malaysia
Remote

Principal SAP CO Consultant

BASF Digital Solutions Gmbh

Position Summary
Principal SAP CO Consultant at BASF Digital Solutions Gmbh
Industries
Information Technology
Business Areas
Finance
Information Technology
Aug 2022 - Dec 2025
Kuala Lumpur, Malaysia
Hybrid

Senior SAP CO Consultant

cbs (Corporate Business solutions), Malaysia Sdn Bhd

Position Summary
Senior SAP CO Consultant at cbs (Corporate Business solutions), Malaysia Sdn Bhd
Industries
Chemical
Energy
Pharmaceutical
Business Areas
Business Intelligence
Customer Service
Finance
Information Technology
Quality Assurance
  • Sarawak Energy Sdn. Bhd – Role: SAP CO Lead Consultant (July 2023–Present): implemented new Finance Master Data and managed Profit Center reorganizations in collaboration with the SLT team; implemented the inter-company cost allocation process between Generation Support Services and Corporate Support Services company codes using the Universal Allocation Fiori App, including mark-up AP/AR posting; implemented flexible hierarchies for profit centers to enable multi-dimensional reporting based on profit center attributes; implemented the reclassification of salary cost to specific WBS elements; project currently in UAT phase, scheduled to go live in December 2024.

  • Sabah Electricity Sdn. Bhd – Role: SAP CO Consultant (April 2023–June 2023): collaborated with cross-functional teams including finance, procurement, and project management to gather requirements for CAPEX reporting using SAP Analytics Cloud; designed and developed reporting models and data structures in SAC and Power BI to provide accurate and timely CAPEX reports including budget vs. actual analysis; implemented data integration between SAP FICO and SAC ensuring seamless data flow and data integrity for CAPEX and OPEX reporting; conducted testing and quality assurance activities to validate the accuracy and reliability of reports in SAC.

  • Edenor Oleochemicals Sdn Bhd – Role: SAP CO Support Consultant (January 2023–March 2023): handled Level 1 and Level 2 support tickets and provided application support to end users; diagnosed, analysed, troubleshot, and resolved issues to optimize SAP system performance; cultivated professional relationships with clients.

  • Grünenthal Pharma GmbH & Co. KG – Role: SAP CO Support Consultant (August 2022–December 2022): handled Level 1 and Level 2 support tickets and provided application support to end users; diagnosed, analysed, troubleshot, and resolved issues to optimize SAP system performance; cultivated professional relationships with clients.

Mar 2021 - Dec 2021

SAP S/4HANA CO Consultant

ABACUS CONSULTING PVT LIMITED

Position Summary
SAP S/4HANA CO Consultant at ABACUS CONSULTING PVT LIMITED
Industries
Food and Beverage
Business Areas
Accounting
Information Technology
  • Client: Mitchell’s Fruit Farms Limited – full life cycle implementation of SAP S/4HANA 2020 using Activate methodology; worked on E2E implementation for FMCG company in Pakistan and UAE following Agile methodology with sprints and process design documentation; analysed AS-IS processes and transformed into TO-BE processes in BBP phase identifying gaps and providing solutions; provided expertise in business re-engineering to drive efficiencies and productivity; completed baseline configuration for enterprise structure including FI/CO profit center accounting, cost center accounting, internal orders, product costing with MTS and MTO scenarios, actual costing with material ledger, and account-based COPA; integrated CO with SD, PP, and PM; performed UT and documentation sign-off; executed cutover activities for master and planning data uploads; coordinated WRICEF object development; conducted UAT and test case documentation in final preparation phase.
Feb 2021 - Jul 2022
Lahore, Pakistan
Hybrid

SAP CO Consultant

ABACUS CONSULTING PVT LIMITED

Position Summary
SAP CO Consultant at ABACUS CONSULTING PVT LIMITED
Industries
Manufacturing
Business Areas
Customer Service
Finance
Information Technology
  • Client: Descon Engineering Limited – integrated engineering services and manufacturing company operating in Pakistan, Middle East and Africa; handled Level 1 and Level 2 support tickets and provided application support to end users; diagnosed, analysed, troubleshot, and resolved issues to optimize SAP system performance; cultivated professional relationships with clients.
May 2019 - Mar 2021

SAP S/4HANA CO Consultant

ABACUS CONSULTING PVT LIMITED

Position Summary
SAP S/4HANA CO Consultant at ABACUS CONSULTING PVT LIMITED
Industries
Manufacturing
Business Areas
Finance
Information Technology
  • Client: SADAQAT GLOBAL LIMITED – full life cycle implementation of SAP HANA 1909 using ASAP methodology for textile manufacturing exporter operating with six company codes globally; created business blueprints and obtained sign-off from process owners; performed GAP analysis between AS-IS and TO-BE systems; liaised between business and ABAP team to develop custom reports; enhanced and supported product costing module, set up costing runs, and fixed costing errors; adapted budget availability control into cost centre accounting with statistical internal orders; configured CO-PA including planning methods, layouts, versions, derivative rules, integrated planning, and data uploads; implemented material ledger distribution of usage variance to assign scrap costs back to production process, distributing over 0.5 M in scrap costs; configured controlling area, number ranges, cost centre and profit centre hierarchies; configured activity type planning, statistical key figures, primary cost planning, planned cost accrual, period reposting, plan assessment and distribution cycles, activity input planning, and indirect activity allocation; configured product cost planning and cost object controlling with costing variants, valuation variants, cost component structures, sheets, WIP, variances, results analysis, and settlement; defined variance keys, valuation variants for WIP and scrap, target cost versions, result analysis keys; configured cost centre splitting structure and rules; defined operating concern, characteristics, and value fields in account-based and costing-based profitability analysis; developed profitability segments and executed plan assessment cycles.
Jan 2019 - Apr 2019

SAP CO Consultant

ABACUS CONSULTING PVT LIMITED

Position Summary
SAP CO Consultant at ABACUS CONSULTING PVT LIMITED
Industries
Manufacturing
Business Areas
Accounting
Finance
  • Client: KHAS HOLDINGS – configuration and implementation of SAP CO module in a repetitive manufacturing environment for subsidiary of Sadaqat Group; worked with accounting staff and plant controller on costing runs, cost estimates, overhead costing sheets, bills of materials, and routings; developed documentation and delivered training on end-of-month processes including distribution, overhead, WIP, variances, and settlements; configured product costing, cost centre accounting, and profit centre accounting; used standard SAP CO reports; created functional specifications for custom costing and inventory reports; activated document splitting in the New General Ledger by defining splitting methods, rules, characteristics, and business transaction variants to report segment-level financial information; configured asset under construction process with separate asset class, account determination, order type, and settlement rule for capitalization.
Oct 2014 - Dec 2018
Dubai, United Arab Emirates

Senior Accountant

Fire Stop Middle East LLC

Position Summary
Senior Accountant at Fire Stop Middle East LLC
Industries
Construction
Business Areas
Accounting
Finance
  • Prepared financial statements and reports using QuickBooks and Excel; performed monthly analysis and reporting on P&Ls, balance sheets, and cash flow.

  • Developed current and future projected yearly budgets and managed journal entry processes with senior management.

  • Oversaw AR/AP, account reconciliation, and cash management.

  • Assisted in preparing financial information for capital transactions and presented to senior management.

  • Supported auditors by providing relevant financial information and ensuring execution of statutory audit functions.

  • Advised senior management on operational issues through analysis of accounting metrics and forecasting.

  • Enabled strategic decision-making by preparing ad hoc and special reports.

  • Controlled expenditures and cash flows to align with organizational objectives and streamline operations.

Industry Experience

See where this freelancer has spent most of their professional time.

Experienced in Construction, Chemical, Energy, Pharmaceutical, Manufacturing, and Information Technology.

Construction
Chemical
Energy
Pharmaceutical
Manufacturing
Information Technology
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Business Area Experience

See which departments and functions this freelancer has contributed to most.

Experienced in Finance, Information Technology, Accounting, Customer Service, Business Intelligence, and Quality Assurance.

Finance
Information Technology
Accounting
Customer Service
Business Intelligence
Quality Assurance
Profile match chart

Summary

I’m an SAP CO consultant with hands-on experience across SAP S/4HANA implementations, support, and reporting, backed by a strong accounting foundation. I work across cost center accounting, profit center accounting, product costing, CO-PA, internal orders, Material ledger, planning, allocations, WIP, variances, and settlements, with integration into FI, SD, PP, and PM.

I’ve delivered full life cycle implementations in manufacturing and FMCG, supported global business setups, and helped improve reporting through SAP Analytics Cloud and Power BI. I also handle L1/L2 support, troubleshooting, testing, UAT, cutover, documentation, and user training. My background in finance helps me connect SAP CO design with practical business and reporting needs.

Skills

  • Product Costing
  • Material Ledger
  • Cost Center Accounting
  • Profit Center Accounting
  • Cost Allocations
  • Planning
  • Profitability Analysis (Co-Pa)

Languages

Urdu
Native
English
Advanced

Education

Jun 2012 - Dec 2016

ACCA

Association of Certified Chartered Accountants (ACCA) · Business Accounting · United Kingdom

Certifications & licenses

SAP_Certified_Application_Associate___SAP_S_4HANA_for_Management_Accounting

SAP SE · Germany

Statistics

Experience

Total positions 7
Experience in Construction 4 y
Avg length 1 y 10 m
Longest experience 4 y 2 m

Global Experience

Countries worked in 3 (Malaysia, Pakistan, United Arab Emirates)
Primary country Malaysia

Expertise

Recent roles Principal SAP CO Consultant, Senior SAP CO Consultant, SAP S/4HANA CO Consultant
Main industries Construction, Chemical, Energy
Main business areas Finance, Information Technology, Accounting

Qualifications

Highest degree Bachelor
Certifications earned 1

Profile

Created
Last Update

Frequently asked questions

Have questions? Find more information here.

Muhammad is based in Kuala Lumpur, Malaysia and prefers 100% remote projects.

Muhammad speaks the following languages: Urdu (Native), English (Advanced).

Muhammad has at least 12 years of experience. During this time, Muhammad has worked in at least 5 different roles and for 4 different companies. The average length of individual experience is 2 years and 8 months. Note that Muhammad may not have shared all experience and actually has more experience.

Based on recent experience, Muhammad would be well-suited for roles such as: Principal SAP CO Consultant, Senior SAP CO Consultant, SAP S/4HANA CO Consultant.

Muhammad's most recent position is Principal SAP CO Consultant at BASF Digital Solutions Gmbh.

In recent years, Muhammad has worked for BASF Digital Solutions Gmbh, cbs (Corporate Business solutions), Malaysia Sdn Bhd, and ABACUS CONSULTING PVT LIMITED.

Muhammad is most experienced in industries like Construction, Manufacturing, and Chemical. Muhammad also has some experience in Energy, Pharmaceutical, and Information Technology.

Muhammad is most experienced in business areas like Finance, Information Technology, and Accounting. Muhammad also has some experience in Customer Service, Business Intelligence, and Quality Assurance.

Muhammad has recently worked in industries like Chemical, Energy, and Pharmaceutical.

Muhammad has recently worked in business areas like Finance, Information Technology, and Customer Service.

Muhammad holds a Bachelor in Business Accounting from ACCA.

Muhammad has 1 certificate: SAP_Certified_Application_Associate___SAP_S_4HANA_for_Management_Accounting.

Muhammad is immediately available full-time for suitable projects.

Muhammad's rate depends on the specific project requirements. Please use the Meet button on the profile to schedule a meeting and discuss the details.

To hire Muhammad, click the Meet button on the profile to request a meeting and discuss your project needs.

Salary / Daily Rate Distribution

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<€320 €320-480 €480-640 €640-800 €800-960 €960+

The rates shown represent the typical market range for freelancers in this position based on recent contracts on our platform.

Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.

Average rates for similar positions

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Daily rate avg. 514 €

The average daily rate is the mean of all daily rates from recent contracts of comparable freelancers on our platform.

800
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Median rate 600 €

The median daily rate is the middle value of all daily rates — half of comparable freelancers charge less, half charge more. Unlike the average, it is barely affected by outliers.

Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.