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FI functional - Lease Accounting @ Cirruslabs

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 FI functional - Lease Accounting

Job Description

  • Seeking an experienced SAP Asset Accounting (AA) and Lease Accounting professional to support a large-scale Oil & Gas SAP implementation project. The ideal candidate will bring deep expertise in SAP FI-AA, practical knowledge of SAP Lease Accounting (IFRS 16/ASC 842), and a strong understanding of the complex asset management requirements of the energy sector.
  • Lead and support end-to-end SAP FI-AA and Lease Accounting solution design, configuration, and deployment for oil & gas clients.
  • Collaborate with business stakeholders to gather and analyze requirements related to asset lifecycle, capitalization, depreciation, impairment, and lease treatments.
  • Configure Asset Accounting sub-modules, including integration with other SAP modules (FI, CO, PM, RE-FX, MM, PS).
  • Implement and operationalize SAP Lease Accounting in compliance with IFRS 16/ASC 842, tailoring the solution to upstream, midstream, or downstream business processes.
  • Conduct workshops, solution walkthroughs, and user trainings; develop test scripts, and manage integration and UAT cycles.
  • Work closely with technical teams for RICEFW (Reports, Interfaces, Conversions, Enhancements, Forms, Workflows) developments and data migration activities.
  • Provide expertise in asset retirement, transfer, and revaluation processes, ensuring compliance with industry standards and internal controls.
  • Troubleshoot and resolve issues post go-live; offer ongoing functional support and process improvement recommendations.
  • Prepare comprehensive documentation: process flows, functional specifications, and end-user manuals.

Job Classification

Industry: Software Product
Functional Area / Department: Consulting
Role Category: IT Consulting
Role: Functional Consultant
Employement Type: Full time

Contact Details:

Company: Cirruslabs
Location(s): Hyderabad

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Keyskills:   Data migration Depreciation Test scripts SAP implementation Accounting Process improvement HTTP Asset management IFRS Downstream

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Cirruslabs

We are CirrusLabs. Our vision is to become the world's most sought-after niche digital transformation company that helps customers realize value through innovation. Our mission is to co-create success with our customers, partners and community. Our goal is to enable employees to dream, grow and make...