• US Citizen

• Green Card

• EAD (OPT/CPT/GC/H4)

• H1B Work Permit

• Corp-Corp

• W2-Permanent

• W2-Contract

• Contract to Hire

• Consulting/Contract

• UG :- - Not Required

• PG :- - Not Required

• No of position :- ( 1 )

• Post :- 9th Nov 2024

Seeking an SAP FICO expert with deep knowledge of accounting standards and best practices for foreign currency valuation and translation functions.

Scope and Expectations for Consultant

Review and evaluate relevant configuration settings impacting foreign currency transactions, revaluation and translation.

Review and evaluate the chart of accounts settings for GL accounts and transaction sets subject to/driving valuation and translation.

Need a preliminary list of these on which to build test scripts

example: IC payables from foreign entity to KEEN HQ

Interview Finance contacts - review the parameters used by them to run FAGL_FC_VAL and FAGL_FC_TRANS each month.

If needed, review activity in the foreign currency unrealized and realized gain/loss accounts

Document, evaluate and report any obvious errors/gaps/concerns/recommendations.

Recommend configuration changes

Recommend process changes/best practices

There’s a specific question as example of what I have in mind in question 4 below

Document steps to be followed periodically to ensure compliance with the design

Meet with KEEN team to review the findings and recommendations. Agree on path forward.

Validate configuration or process changes are made in accordance with agreement reached.

Design and Execute Functional Audit

Define minimal set of specific test scenarios that can be executed in QAS to demonstrate proper results for each circumstance subject to valuation and translation. (with help of KEEN Finance)

Execute test scripts (with help of KEEN Finance and Product Owner)

Validate results in valuation, translation and reporting

Issue report with findings and documentation.

Initial Questions/Topics for discussion that have come up during course of evaluation: