Role Overview:
The Senior Executive – SAP REFX will be responsible for managing and supporting end-to-end real estate processes within SAP (S/4HANA or ECC). The role includes lease management, system configuration, integration with core SAP modules, and ensuring financial and statutory compliance in line with IFRS 16 standards.
Key Responsibilities
Implementation & Configuration:
Design and configure architectural/usage views, business partners, contract types, and condition types in the REFX module.
Contract & Lease Management:
Manage complex lease-in/lease-out processes, including renewals, terminations, and rent adjustments.
Integration with Core Modules:
Ensure seamless integration with SAP FI (Financial Accounting) for postings, CO (Controlling) for cost management, and PM (Plant Maintenance) for repairs.
Financial & Regulatory Compliance:
Configure valuation rules and postings to comply with IFRS 16 and local statutory requirements.
Data Migration & Support:
Perform data cleansing and migration of legacy contract data, as well as providing application support (AMS).
Reporting & Analysis:
Develop custom reports for portfolio analysis, occupancy rates, and financial KPIs.
Documentation & Training:
Prepare functional specifications (FS), user manuals, and conduct end-user training
Module Expertise:
Primarily SAP RE-FX, often combined with FI-AA (Asset Accounting) and FI-GL.
Implementation:
Configuring SAP systems for end-to-end lease life cycle management, including data migration (LSMW).
Compliance:
Ensuring compliance with Ind AS 116 for lessees, which requires recognizing ROU assets and lease liabilities, while managing exemptions like short-term or low-value leases.
Functional Tasks:
Performing valuation, generating posting journals, and configuring automatic postings for depreciation and interest.
Qualifications & Experience
3–5 years in SAP REFX, with at least one end-to-end im
📌 SAP REFX Consultant (Mumbai)
🏢 Devyani International
📍 Mumbai
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