What are the responsibilities and job description for the SAP FI/CO Specialist position at Thinking Minds, Inc.?
Summary
Thinking Minds Inc.'s client seeks a SAP FI/CO Specialist to design, implement, and support financial processes in SAP S/4 HANA. The role requires strong collaboration with business stakeholders, technical teams, and external consultants to deliver effective solutions aligned with global templates.
Key Responsibilities
- Location: Somerset NJ
- Experience: Minimum 6 years
- Job Type: Permanent
- Strong expertise in SAP S/4 HANA FI/CO modules, including General Ledger, Accounts Receivables/Payables, and Fixed Assets.
- Experience with FSCM processes like Credit, Collections, and Dispute Management.
- Proficiency in banking, treasury, and payment processes (e.g., BCM, BRF, Paymetric).
- Familiarity with tax configuration, reporting, and tools like ONESOURCE.
- Knowledge of Order-to-Cash and Source-to-Pay integration.
- Background in the Medical Device or Life Sciences industry (preferred).
- Excellent communication, analytical, and team collaboration skills.
Thinking Minds Inc.'s client seeks a SAP FI/CO Specialist to design, implement, and support financial processes in SAP S/4 HANA. The role requires strong collaboration with business stakeholders, technical teams, and external consultants to deliver effective solutions aligned with global templates.
Key Responsibilities
- Design and implement SAP S/4 HANA FI/CO capabilities for AR, AP, and General Ledger processes.
- Develop and support solutions for outgoing and incoming payments, including integration with treasury systems, lockbox, and credit card payments.
- Manage Financial Supply Chain Management (FSCM) processes, including Credit, Collections, and Dispute Management.
- Provide support for General Ledger functions such as journal entries, accruals, and foreign currency revaluation.
- Configure and maintain tax solutions, including withholding tax and reporting.
- Address intercompany automation and matching processes using IDocs.
- Support Order-to-Cash and Source-to-Pay integrations.
- Assist in month-end/year-end close activities and provide timely resolution for related issues.
- Collaborate on security risk assessments for enterprise applications.
- Develop user documentation and support testing efforts for system patches, upgrades, and new integrations.
- Deep knowledge of SAP S/4 HANA FI/CO modules, including Cost Center Accounting, Profitability Analysis (CO-PA), and Product Costing (CO-PC).
- Experience with tools like Blackline, SAP Concur, and Paymetric.
- Understanding of financial principles like US GAAP and IFRS, especially Revenue Recognition and Accounting.
- Proven ability to work on cross-functional teams, manage business users, and adapt to evolving technology environments.
- Flexibility to accommodate multiple time zones for stakeholder meetings.
- Bachelorâs degree in Finance or a related field, or equivalent experience.
- 6 years of experience with SAP FI/CO configuration and process deployment.
- Expertise in banking, cash management, and tax processes.
- Preferred experience in the Medical Device or Life Sciences industries.
- Can you describe your experience with SAP S/4 HANA FI/CO modules and key projects you have implemented?
- How have you handled intercompany automation or integration issues in previous roles?
- What is your experience with banking and treasury integrations, including tools like BCM or BRF?
- Have you worked with FSCM processes such as Credit, Collections, and Dispute Management?
- Can you share an example of how you managed tax configurations or reporting, including tools like ONESOURCE?
- What have you done that's caused you to stand out amongst your peers?
- Give an example of your contribution where it increased revenue or reduced cost for the employer.
- What have you done that's saved time or streamlined workflow?
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