SAP (FSCM)
SAP’s enterprise resource planning (ERP) product package includes the SAP FSCM (Financial Supply Chain Management) module. Its goal is to improve and expedite supply chain financial management. Through the integration of many financial processes, FSCM assists companies in better managing their cash flow, credit risk, and collections. Here is a summary of its main elements:
Credit Management: By evaluating a customer’s creditworthiness, this component assists organizations in controlling and managing their credit risk. It assists in making knowledgeable credit decisions and enables real-time monitoring of customer credit limits.
Dispute Resolution: This module handles disagreements and conflicts between clients and vendors. Enhancing customer satisfaction and decreasing conflicts, it assists in monitoring and resolving invoice and payment-related problems.
Collections Management: By automating procedures like payment reminders and follow-ups, this solution simplifies the collections process. Through the acceleration of outstanding receivables collection, it enhances cash flow.
The management of the company’s investments, cash, and financial hazards is the main objective of the treasury and risk component. It has functions for handling many kinds of financial instruments, forecasting, and cash management.
Receivables Management: This division of FSCM is responsible for overseeing the handling of accounts receivable procedures, such as processing payment applications, handling open items, and processing invoices.
SAP FSCM seeks to enhance supply chain financial transparency, decrease manual involvement, and increase the efficiency of financial processes by integrating these components. Better decision-making and increased financial performance for corporations can result from this.
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As a Business Processes Consultant in S/4 HANA Finance with an expertise around FI or CO or TRM or FSCM or CFIN or GR or RE, you will be involved in
- Application of the functional expertise for the digital transformation of our customers according to S/4HANA / Intelligent Enterprise
- Design Customer Processes, Configuration of the system and Identification of gaps designing custom processes
- Delivery of premium engagement remotely and onsite validation and support services
- Helping customers with complex root cause analysis and problem resolution
- High willingness to learn in the areas of new innovations around Business AI and should keep abreast of relevant new SAP features / releases
- Engage with customers and engagement teams to scope solutions and build customer proposals
- Managing and leading Solution integration across various process areas
- Willingness to travel on short notice (primarily within India and SE Asia) for varying durations.
- Job Title: SAP S/4HANA Finance Consultant (FSCM Specialist) Location: Pan India (Remote/On-Site as required) Experience Level: 10-15 Years Sub-Skill Focus: Financial Supply Chain Management (FSCM)
- Job Description We are looking for a seasoned SAP S/4HANA Finance Consultant with specialized expertise in Financial Supply Chain Management (FSCM) to join our dynamic team. The ideal candidate will have 10-15 years of overall experience in SAP Finance, with a strong focus on FSCM. This role involves leading the implementation, optimization, and support of SAP S/4HANA Finance solutions with a specific emphasis on FSCM functionalities for our clients across India.
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Should have at least two End to End Implementation Experience in S4 HANA in Finance & Accounts (FI), Management Accounting (CO)
Strong knowledge of SAP FSCM module, including configuration, integration and customization.
Proven experience in delivering SAP implementation project with specific focus on SAP FSCM Credit and Dispute management.
FSCM – Integration with AR and SD.
Must possess specific and in-depth skills, knowledge, and experience with multiple facets of SAP S4/HANA FI module components including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Banks (including integration), and Treasury.
Must possess specific and in-depth skills, knowledge, and experience with multiple facets of SAP S4/HANA CO module components including Cost Centers, Internal Orders, Product Costing (including BOMs and Routings), Profitability Analysis (COPA), Manufacturing Variances and Settlements, and Profit Centers
Should have handled CVI aspects of Business Partner and master data components Material Master, Bank Master, BOMs and Routings.
Role Description
- The incumbent would be required to support the implementation team in company code roll-outs and would
- also be responsible for post go-live support in the RUN phase of the project.
- FSCM Collection Management and FSCM Dispute Management in S/4HANA
- Group Reporting in S/4HANA
- Taxes on Sales / Purchase and Withholding Tax
- Bank Accounting & Asset Accounting in S/4HANA.
- Cost Centre Accounting, Integration with SAP PS / MM / SD
- Assists clients in the selection, implementation, and support of FI FSCM for SAP.
- Lead multiple sized projects as team member or lead to implement new functionalities and improve existing functionalities including articulating, analyzing requirements and translating them into effective solutions
- Prepare and conduct Unit Testing and User Acceptance Testing
- Knowledge and experience in implementation planning, fit analysis, configuration, testing, rollout and post-implementation support.
- Experience in working with teams to prioritize work and drive system solutions by clearly articulating business needs.