
sap refx
2 weeks ago
Job Description:
Key Process & Technical Knowledge
The consultant should have strong knowledge in:
- Real Estate Contract Management
- Creation and management of lease-in and lease-out contracts.
- Contract terms, conditions, indexing, renewals, and termination handling.
- Sublease and occupancy management.
- Lease Accounting (IFRS 16 / ASC 842 compliance)
- Classification of contracts as operating or finance leases.
- Automatic generation of postings for interest, depreciation, and right-of-use assets.
- Integration with New Asset Accounting (FI-AA).
- Integration Areas
- FI/CO (Accruals, Payments, Cost Centers, Profit Centers).
- MM (Purchase Orders, Service Contracts).
- PS (Project-based real estate investments).
- Controlling and parallel accounting setup.
- Property & Portfolio Management
- Space utilization and occupancy planning.
- Building, land, rental unit, and portfolio management.
- Valuation and investment analysis.
- Central Closing & Reporting
- Real estate contract valuations at period end.
- Accruals/deferrals for lease contracts.
- Integration with SAP Group Reporting for consolidation.
- Technical Capabilities
- SAP S/4HANA RE-FX configuration and customizing.
- Integration with SAP Flexible Real Estate (RE), FI-AA, and New GL.
- Experience with migration from SAP RE Classic to RE-FX.
Key Responsibilities
- Implement and configure SAP RE-FX for end-to-end real estate contract and lease management.
- Ensure compliance with IFRS 16 lease accounting requirements.
- Support integration with FI/CO, MM, PS, and Asset Accounting.
- Define master data structures for business entities, buildings, land, and rental objects.
- Automate contract conditions, periodic postings, and payment flows.
- Work with Finance and Controlling teams to align postings and valuations.
- Support period-end closing and reconciliations in RE-FX.
- Develop functional specifications for enhancements, reports, and interfaces.
- Train business users on RE-FX functionality and reporting.
- Provide support during cutover, go-live, and hypercare.
Required Qualifications & Skills
Education & Certifications
- Bachelor's degree in Finance, Accounting, Real Estate, or IT.
- SAP Certified in SAP S/4HANA Finance or RE-FX (preferred).
Experience
- 6+ years of experience in SAP RE-FX implementation and support.
- Strong knowledge of lease accounting (IFRS 16/ASC 842).
- Experience in integration with FI-AA, FI/CO, and MM.
- Exposure to migration projects from RE Classic to RE-FX.
- Knowledge of S/4HANA innovations in real estate management.
Technical Skills
- Hands-on customizing of RE-FX master data, contracts, and conditions.
- Understanding of posting flows, valuations, and accruals.
- Knowledge of Central Finance integration (advantage).
- Familiarity with SAP Group Reporting for consolidation postings.
Soft Skills
- Strong analytical and problem-solving skills.
- Good communication and training skills with finance and real estate stakeholders.
- Ability to manage multiple contracts and integration points in a complex landscape.
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