Senior Real Estate Lifecycle Specialist

1 day ago


Bhavnagar, Gujarat, India beBeeRealEstateExpert Full time ₹ 15,00,000 - ₹ 20,00,000

Job Title: SAP RE-FX Specialist

Job Description:

  • The successful candidate will have a strong understanding of the real estate lifecycle, including all aspects of property management, and IFRS 16/ASC 842 compliance.
  • Responsibilities include configuring and implementing the SAP RE-FX module according to business requirements, analyzing business processes related to real estate leasing, contracts, and property management, and translating them into SAP functionality.
  • This role involves managing RE-FX master data, including business entities, buildings, land, rental objects, contracts, and conditions.
  • Key tasks include handling contract lifecycle management: inception, changes, renewal, and termination, as well as integrating RE-FX with SAP FI/CO, PS, PM, and MM modules.
  • Collaboration is essential in this role, working closely with stakeholders, end users, and functional teams to gather requirements and deliver solutions.
  • Additional responsibilities include supporting month-end and year-end closing activities related to real estate accounting, creating and maintaining documentation, test scripts, and training materials, and participating in SAP upgrades, enhancement packs, and patch testing for RE-FX.

Required Skills and Qualifications:

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


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