SAP REFX - FI Lead

Position: REFX - FI Lead

Total work experience: 3years - 5years

Role Overview:

The Senior Executive SAP REFX will be responsible for managing and supporting end-to-end real estate processes within SAP (S/4HANA or ECC). The role includes lease management, system configuration, integration with core SAP modules, and ensuring financial and statutory compliance in line with IFRS 16 standards.

Key Responsibilities

• Implementation & Configuration: Design and configure architectural/usage views, business partners, contract types, and condition types in the REFX module.
• Contract & Lease Management: Manage complex lease-in/lease-out processes, including renewals, terminations, and rent adjustments.
• Integration with Core Modules: Ensure seamless integration with SAP FI (Financial Accounting) for postings, CO (Controlling) for cost management, and PM (Plant Maintenance) for repairs.
• Financial & Regulatory Compliance: Configure valuation rules and postings to comply with IFRS 16 and local statutory requirements.
• Data Migration & Support: Perform data cleansing and migration of legacy contract data, as well as providing application support (AMS).
• Reporting & Analysis: Develop custom reports for portfolio analysis, occupancy rates, and financial KPIs.
• Documentation & Training: Prepare functional specifications (FS), user manuals, and conduct end-user training
• Module Expertise: Primarily SAP RE-FX, often combined with FI-AA (Asset Accounting) and FI-GL.
• Implementation: Configuring SAP systems for end-to-end lease life cycle management, including data migration (LSMW).
• Compliance: Ensuring compliance with Ind AS 116 for lessees, which requires recognizing ROU assets and lease liabilities, while managing exemptions like short-term or low-value leases.
• Functional Tasks: Performing valuation, generating posting journals, and configuring automatic postings for depreciation and interest.

Qualifications & Experience

• 35 years in SAP REFX, with at least one end-to-end implementation.
• Expertise in configuring Business Partner, Rental Objects, and Service Charge Settlements.
• Strong analytical, communication, and client-facing skills to work with business stakeholders.
• Bachelors degree in Business, IT, or related field; SAP REFX certification is desirable.