What are the responsibilities and job description for the SAP S/4HANA Consultant position at Sophus IT Solutions?
About the Company
Sophus is searching for an SAP S/4HANA Settlement Management (LO-AB)In modern SAP S/4HANA systems, traditional rebate processing has been replaced by Settlement Management (formerly known as Agency Business). This is the most critical module for this skillset today.
About the Role
Key areas of experience must include SAP S/4HANA Settlement Management and SAP FI/CO (Financial Accounting & Controlling), focusing on how rebates affect revenue, margins, and financial provisions.
Responsibilities
- Work with Condition Contract Management (CCM), the core framework used to create, manage, and settle all types of rebate agreements.
- Manage Customer Rebates, including retroactive discounts and incentives paid out to customers.
- Manage Vendor Rebates (Subsequent Settlement), including volume-based discounts and bonuses received from suppliers.
- Ensure proper financial integration in SAP FI/CO because rebates directly affect revenue, margins, and financial provisions.
- Handle FI-AR & FI-AP (Accounts Receivable and Accounts Payable) for processing payments and credits.
- Manage FI-GL (General Ledger) for rebate accruals (provisions) and ensure they balance correctly during the settlement lifecycle.
- Use CO-PA (Profitability Analysis) to track how rebates impact net profitability and product margins.
Qualifications
Required Skills
- Experience with SAP S/4HANA Settlement Management (LO-AB).
- Experience with Condition Contract Management (CCM).
- Experience with Customer Rebates.
- Experience with Vendor Rebates (Subsequent Settlement).
- Solid understanding of SAP FI/CO (Financial Accounting & Controlling).
- Knowledge of FI-AR & FI-AP (Accounts Receivable and Accounts Payable).
- Knowledge of FI-GL (General Ledger) for managing rebate accruals (provisions).
- Knowledge of CO-PA (Profitability Analysis) for tracking how rebates impact net profitability and product margins.