Real Estate Lifecycle Specialist

1 day ago

Chennai, Tamil Nadu, India beBeeRealEstate Full time ₹ 10,00,000 - ₹ 20,00,000

We are seeking a seasoned professional to spearhead the implementation and maintenance of SAP RE-FX. This role demands a strong understanding of real estate lifecycle management, including lease-in/lease-out contracts, rent adjustments, conditions, and indexation.

The successful candidate will have a proven track record in configuring and implementing SAP RE-FX modules in line with business requirements. Experience with integrating RE-FX with SAP FI/CO, PS, PM, and MM modules is also essential.

Key Responsibilities:

  • Configure and implement SAP RE-FX module in line with business requirements.
  • Analyze business processes related to real estate leasing, contracts, property management, and translate them into SAP functionality.
  • Manage RE-FX master data including business entities, buildings, land, rental objects, contracts, and conditions.
  • Handle contract lifecycle management: inception, changes, renewal, and termination.
  • Integrate RE-FX with SAP FI/CO, PS, PM, and MM modules.
  • Work closely with stakeholders, end users, and functional teams to gather requirements and deliver solutions.
  • Support month-end and year-end closing activities related to real estate accounting.
  • Create and maintain documentation, test scripts, and training materials.
  • Participate in SAP upgrades, enhancement packs, and patch testing for RE-FX.

Required Skills & Qualifications:

  • Bachelors degree in Information Technology, Business, or related field.
  • Minimum 3-5 years of experience with SAP RE-FX implementation and support.
  • Strong understanding of real estate lifecycle and IFRS 16/ASC 842 compliance.
  • Experience with lease-in / lease-out contracts, rent adjustments, conditions, and indexation.
  • Good knowledge of SAP FI/CO integration, particularly in asset accounting and revenue recognition.

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