Simple finance sap resumes pdf

SUMMARY:

• A Chartered Accountant having 20 years of experience and proven expertise with large and small companies, in accounting, financial analysis, taxes, regulatory, SAP techno - functional (13+ years of experience), IT systems improvements, and managing financial statements close process.
• Strong background in the implementation of SAP FI, FA, CO & S/4HANA Simple Finance demonstrated knowledge, experience in understanding and providing solutions with respect to Financial and Management requirements.
• Strong knowledge of Financial Accounting processes and best practices and expertise in the configuration and implementation of Financial Accounting (FI).
• SAP Accounting powered by SAP HANA - Financial Accounting (FI), SAP Accounting powered by SAP HANA - Controlling (CO), SAP Accounting powered by SAP HANA - Asset Accounting (AA).
• Gather requirements for Simple Finance implementation Develop and Build S/4HANA / Simple Finance Architecture, Build S/4HANA Design Configure, S4/HANA / Simple Finance system. Define HANA sizing, Define Interfaces to the system, Defining Solutions for Proposals and Customer problems, arranging trail for customer to give a feel of service conducting financial analysis for proposed solutions.
• In depth understanding of business process and customization relating to SAP Finance (FI), Controlling (CO), and Treasury. Expertise in Financial Accounting, Management Accounting, and Controlling.
• Strong experience in SAP Controlling - Profitability Analysis (CO-PA), BW Analyzer, BOBJ, and BPC.
• Strong knowledge of business process across different industry like Manufacturing (i.e., Automobiles, Petrochemicals), and Utilities.
• Expertise in different phases of implementation from gathering business requirements, conducting GAP analysis, preparing Business Blueprint document, Configuration, Unit Testing, User Training, End User Manuals and Production Support.
• Extensive experience of Financial Accounting (FI) Customization, Configuration, and Testing in General Ledger Accounting FI-GL. Accounts Payable FI-A/P, Accounts Receivable FI-A/R, Bank Accounting FI-BA, Treasury & Asset Accounting FI-AA in the highly complex business environment.
• CO expertise includes Profitability Analysis (CO-PA), Cost Center Accounting CO-CCA, Cost and Revenue Element Accounting, CO-CEL, Internal Order Accounting CO-IOA, Profit Center Accounting EC-PCA and Product Costing.
• Proficient in External Reporting and preparation of Financial Statements with good understanding of US GAAP and IFRS.
• Extensively worked on SAP testing process like unit testing, user acceptance testing, system integration testing as part of full life cycle implementations and support.
• Prepared User Training Manuals and provided User Training on the processes.
• Strong Problem Solving and Analytical skills with the high aptitude to adopt new tools and technologies with ease and seamlessly integrate skills set into the project implementation lifecycle.

PROFESSIONAL EXPERIENCE:

SAP S/4HANA Finance Consultants

Confidential

Responsibilities:

• Good working knowledge of SAP Simple Finance On premise Business edition (SFIN 2.0) involving SAP Accounting, SAP Cash Management and SAP Integrated Business Planning for Finance.
• Good working knowledge of the Central Finance scenario in Simple Finance in a distributed system landscape
• Ability to design and recommend Finance transformation roadmap with Simple Finance to clients, based on various deployment scenarios.
• Good knowledge to configure and execute the migration to Simple Finance in SAP with/without New GL.
• Well verse with SAP HANA Administration, Performance Optimization, Modeling using Different types of views.
• SAP HANA Data provisioning using SAP Landscape Transformation and SAP Data services, DXC, Flat File Uploader, SAP HANA Architecture.
• Customized New General Ledger (new G/L), Adopted Fiscal Year Variants, Defined Settings for the Journal Entry Ledger, Assigned Ledger to Company Code, Assigned Accounting Principle to Ledger and Company Code, Activated Necessary Business Functions.
• Created FI/AR number ranges, incoming payments, Reconciliation accounts for A/P and A/R, overall Receivables Management and Credit management. Analyzed requirements for processing Intercompany AR & AP transactions and reconciliation.
• Customized Line Layouts for G/L, A/P, and A/R data entry, New G/L for segment reporting, document splitting and FI-CO reconciliation.
• Defined Ledger for CO Version, Defined Document Types for Posting in CO, Defined Document type Mapping Variants for CO Transactions to Document Types, Checked the Default Values for Postings in CO, Defined Ledger Group.
• Configured the Migration of Cost Elements, Checked the Consistency of General Ledger Accounts and Cost Elements, Migrated Secondary Elements to the Chart of Accounts, Conducted Technical Check and migrated Transaction Data, and Checked the Migration of Balances.
• Checked the prerequisites and activated New Asset Accounting (new FI-AA), activated business functions such as Parallel Valuation, Enterprise Extension (EA-FIN), activated New Depreciation Calculation, executed Year-End Closing, and changed Asset Fiscal Year.
• Migrated Charts of Depreciation, Defined Technical Clearing Account for Integrated Asset Acquisition, assigned Charts of Depreciation to Company Code, Configured Depreciation Posting.
• Customized CO-PA, Executed SAP Business Warehouse (SAP BW) delta extraction for account-based CO-PA, adapted the settings for profitability segment characteristics, maintained the operating concern, activated account-based CO-PA, and transported operating concern.
• Configured the House Bank Accounts, Defined number ranges for Bank Account Technical IDs, and Change Requests, Defined Settings for Bank Account Master Data, Bank Account Types, Defined Import Methods for Bank Statements, Defined Signatory Groups for Payment Approvals, Defined Payment Approval process, and Assigned Approval Patterns.
• Enabled Business Workflow for Bank Account Management, Defined Responsibilities and Assigned Users, Defined Clearing Accounts for Bank Accounts.
• Managed Cash Operations, Defined Liquidity Items and Hierarchies, Defined Planning Levels and Groups.
• Checked and validated various reports after migration to ensure Data Consistency, tested HANA-Optimized Report Transactions, Multidimensional Reporting Capability, and Intercompany Reconciliation.
• Set Up Liquidity Management, Activated SAP BusinessObjects BI, Installed Template for Cash Flow Analysis, Generated Planning View, and Activated BPC for Planning.
• Set up Liquidity Planning, specified BPC Configuration Set, Created Planning Units, Activated Planning Units Hierarchy, and Defined Currency Conversion Rules.
• Activated Embedded SAP BW Client, Specified BW Client for Configuration, Assigned the Logical System Client, Set BW Namespaces to Changeable.

Sr. FICO Consultant / Sr. Financial Analyst

Confidential

Responsibilities:

• Key finance team member for $135 million projects to integrate customer information systems, and payment systems.
• Involved in all the phases of implementation, from the development of Business Blueprint, As-Is Study, To-Be Analysis, GAP Analysis, Post Implementation support, End User training and Go-Live.
• Preparation of functional specification design and interacted with technical team for different RICEFW (reports, interfaces, conversion, enhancements, forms, workflows objects).
• Worked with Technical team (ABAP) in writing the functional specifications.
• Worked closely with SAP ABAP team on creating and identifying data sources to meet various reporting needs in SAP.
• Key team member for the monitoring of the configuration of General Ledger account (FI-G/L) for the revenue, taxes, accounts receivables (FI-A/R), etc. for the various revenue segments.
• Monitored the configuration of Cost Elements, Cost Centers, Profit Centers, Activity Types, Statistical Key Figures, and Master Data Groups.
• Worked with Technical Team on programs for data migrations. Tested thoroughly to smoothen data migrations.
• Extensively worked on data migration process for FICO objects. Migrated GL, customer master data along with transactions data into SAP.
• Created manual entries in SAP production system as part of final cutover activities.
• Designed and developed test scripts for manual testing of FI & CO modules.
• Involved in the preparation of end user documentation and trained end users majorly on FI modules, and SAP BW reports generation.
• Supporting users to get the required reports from SAP ECC system and assisting them to change the layout of the CO-PA report.
• Extensively worked on SAP testing process like unit testing, User Acceptance Testing (UAT), System integration testing as part of the full life cycle implementations and support.
• Provided Functional help to the ABAPer in preparing the Technical Specifications.
• Monitored the implementation of a billing system for the data migration from old system to SAP ECC 6 including revenue and accounts receivable GL.
• Analyzed and resolved CO-PA related errors / issues at the time of billing documents releasing to accounting.
• Prepared User Training Manuals and provided User Training on the processes.
• Led the process of customization of several financial reports in SAP BW to improve accuracy and efficiency in financial reporting and forecasting.
• Mentoring team members if any critical issues and attending project and core committee meetings.
• Post Implementation Support.
• Led the process for the in-house preparation of Rule 005 Alberta Utilities Commission (AUC) schedule since 2012 saving $50k annually, and established a process for the timely preparation of various reports for regulators.
• Reviewed and prepared the financial statements and recovered more than $100k approx. in overpayment.
• Supervised month-end closing activities by providing guidance, review, and posting of month-end JEs, and reconciliations of various accounts including flow-through accounts, and reporting of power hedging activity.
• Dealt with the auditor for annual audit including drafting of the annual financial statements, and notes on accounts.
• Developed several models by integrating SAP BI/BOBJ queries, macro functions to automate financial reporting, variance analysis, trend analysis to improve efficiency, controls, monitoring of various expenses.
• Led monthly bad debts meeting for the monthly bad debt forecast based on economic scenarios, pricing, seasonality, and customer switching status.
• Designed and improved various financial and statistical models to forecast / plan Bad Debts, penalty revenue, liquidated damages etc.
• Provided technical accounting guidance as per IFRS to provide accuracy and transparency in reporting.
• Established a process for timely reconciliation of revenue and expenditure, risk margin against approved risk margin against negotiated settlement approved by the regulators for the recovery from the customers.
• Reviewed project travel costs and established systems to monitor the costs and detected duplicate invoices saving more than $200k.

Sr. FICO Consultant / Sr. Financial Analyst

Confidential

Responsibilities:

• Extensively worked, co-ordinate with Business teams and re-designed some of the existing functionalities to meet Business needs.
• Worked on company code which includes a configuring chart of accounts, posting period variant, fiscal year variant, retained earnings account, document types, tolerance groups, and financial statement versions.
• Defined Accounts Receivable (AR) and sample ledger accounts. Defined tolerance groups, tolerance for employees, customers and vendors and maintained initial settings and recurring entries.
• Configured FI- Accounts Payable: Vendor account groups, master data, House Banks, optimized bank group for wire payments, check lots and void reason codes, check printing, cleared inter-company vendor/customer open items.
• As well as involved in integration with FI-TR, FI-HR, and FI-MM module.
• Worked on GL open item management system for the Bank, Payroll, AR and AP.
• Involved in Accounts Receivable module including Customer master data, full, partial, residual incoming payments, invoice posting, maintained payment terms for customers, defined cash discount base for outgoing invoices, and SD billing invoices.
• Configured Asset Accounting Module (FI-AA): Account Determination of Transactions like retirements and transfers. Capitalization of Assets via Internal Orders for Capital/Project Appropriation Requests.
• Configured New General Ledger Accounting, including segment reporting, parallel accounting-multiple ledgers, document splitting and Intercompany Foreign currency revaluation and translation.
• Involved in parallel accounting by creating additional accounts in New GL, one joint account area for posting that are the same for both accounting principles and one area with specific accounts for each accounting principle.
• Configured and customized the Cost Elements, Costing Sheets, Reconciliation Ledgers, Standard Hierarchy, Cost Centers, Activity Types, Statistical Key Figures, Master Data Groups, Validations and Substitutions, Assessments, Distributions, and Reposting.
• Modified the existing functional specifications for any field changes, new fields and enhancing the customer objects to make them compatible with the new version.
• Configured the system to handle partial payments, exchange rate differences, payment advice, payment proposal/payment schedule, payment run, payment media, and interest calculation.
• Configured the Product costing basis settings. Product cost controlling settings.
• Documented the CO-PC methodology, costing and master data set up.
• Defined cost component splits with deferent cost components.
• Configured standard cost estimate with and without quantity structure settings.
• Configured settings for Product cost controlling with sales order.
• Extensively trained the End users on Product costing settings and how to Run the Costing cycle.
• Involved in all the phases of implementation, from the development of Business Blueprint, As-Is study, To-Be Analysis (Workshops), GAP analysis, Post Implementation support, End User training and GO LIVE.
• Led B2B IT project to streamlined payroll process through B2B system by eliminating manual intervention saving more than $500k annually and reducing rejection of employees payments by the banking system.
• Design various reports for the generation of financial reports to reduce manual work to increase accuracy and efficiency.
• Led a team for the reconciliation of $50 billion unreconciled payment (approx. 15,000 line items) resulting in a recovery of more than $10 million in duplicate payments.
• Supervised month-end closing activity including preparation of month-end Treasury JEs for accruals and Bank Clearing, preparation, and review of financial reports, variance analysis, and cost of products reports.
• Designed various financial, planning and variance analysis reports for SAP, and coordinated with IT teams for the generation of those reports in SAP to improve accuracy, efficiency, and controls.
• Established a process for the generation of financial ratios, using SAP to evaluate company’s financial status.
• Successfully handled the liaisoning with internal, external and JV partners’ joint audit and follow-up based on the audit report by improving control functions, company policies, desk manuals, drafting of financial statements including notes on accounts, etc.
• Led a process to reconcile $5 million obsolete inventory to write off to align with the perpetual inventory system.
• Supervised treasury functions by managing $400 million investments in negotiated fixed deposits earning 30-50 bps more than LIBOR and handling $50 billion annual outgoing fund transfer for day-to-day operation.
• Actively monitored fund position between various currencies accounts and buying and selling of currencies for day to day operation saving $100k annually in forex rates.
• Negotiated with banks for various products and facilities including intra-day credit limit of $50 million without any cost to optimize the cost of banking.
• Liaisoned with syndicated banks for maintaining information and covenant relating to the $2.9 billion long-term debt including managing insurance portfolio of $6 billion assets.

Sr. Executive - Finance

Confidential

Responsibilities:

• Led the IT team for the establishment of inventory control systems in Oracle 8i by designing, testing, and implementation in three stores in the plant saving $500k by improving inventory ordering systems and controls. In-charge for the 2004 year-end stock-take to provide guidance for the plant inventory involving 150 peoples.
• Key member of the SAP FI/CO Implementation team to provide the entire business requirement to prepare Blueprint documents and Test scripts for SAP FICO modules.
• Worked on FI - General Ledger accounting: Uploaded all the GL master data after cleaning the data and mapping into SAP from the legacy system Fourth shift.
• FI - Accounts Payables: Migrated all the vendor master data along with bank master data with all the valuable information and set up all the automatic payment process configurations.
• Created payment methods for Checks, EFT Payments, Manual Bank Transfer payments and Single invoice payments.
• Worked on Vendor payment methods like Credit transfers, Check payments, Bank Auto Transfers etc.
• FI - Accounts Receivables: Migrated all Customer master data from Legacy systems to SAP system. Configured customer credit representative groups and risk categories as part of customer credit management.
• Configured House Banks, Bank Accounts, Posting Rules for Automatic Assignment. Configured Bank Reconciliation Program for Electronic Bank Statement and defining rules and mapping bank Statement Keys with Posting Rules.
• FI - Fixed Asset Accounting - Created new Chart of depreciation for the new site and migrated all fixed asset master data and transactional data into SAP.
• CO - Configured new cost elements, cost elements groups, cost centers, cost center groups internal orders.
• Maintained characteristics and value fields in a manner to meet the various business goals including developing EBIT (Earnings before Interest and Tax) and sales reports in CO-PA based on different dimensions.
• Configured Profitability Analysis Planning settings with planning layouts and planning layouts.
• Worked on creating assessment cycles and supported them as part of month end /year end closings.
• Worked and coordinated closely with the implementation team on testing and data migration activities.
• Extensively worked on Unit testing, Regression testing, and User Acceptance testing (UAT).
• Resolved all issues during UAT and provided adequate training to business users on FI/CO functionalities.
• Extensively worked on data migration process for FICO objects. Migrated GL, Vendor, customer master data along with transactions data into SAP.
• Created manual entries in SAP production system as part of final cutover activities.