SAP Central Finance Specialist Saudi Arabia based

Position description

We are seeking a seasoned expert in implementing SAP Central Finance suite of solutions for large companies, to function as a “Business System Analyst” in the Digital Finance Transformation Division of the Digital Finance Dept.

Digital Finance Department (DFD) is responsible for the coordination, development, and management of information systems used in financial accounting, treasury, financial planning & forecasting, performance management and the entire suite of digital solutions for the Finance Business line.  The department personnel are multidisciplinary professionals with key focus on Financial Applications functional experience and IT technical background.

Digital Transformation Division is responsible for providing program management services for design, coordinate the development, test and rollout of group finance solutions. Group finance solutions leverage tools, including but not limited to the following:

SAP Central Finance
S4/HANA Treasury Management (Cash Pooling, Central Payments etc)
S4/HANA Group Reporting & Advanced finance closing (AFC)
Intercompany Hub for matching & reconciliation (ICMR and/or Blackline)
Integrated Planning & Performance Mgmt (SAP or non-SAP Planning solutions)

The Business System Analyst is expected to facilitate important business outcomes, such as acceleration of financial close, enable financial transparency at Group and affiliate level, drive corporate performance, and facilitate value realization with efficient cash management, by implementing SAP Central Finance, Group Reporting and other related solutions.  The Analyst will deliver such outcomes through structured implementation of SAP Central Finance and Group Reporting suite of solutions by working with corporate stakeholders such as IT, facilitating affiliate integrations and providing continued support. 

The successful candidate will:

pursue a robust value centric methodology to define the setup and integration of SAP Central Finance solutions between Group and its Affiliate organizations 
leverage best practices to recommend and advocate transformation of finance functions with SAP Central Finance infrastructure
assess feasibility of integration of Saudi Aramco Affiliates, and provide advisory support to prepare the affiliate organizations to integrate with Saudi Aramco Group via Central Finance, SAP GRDC (Group Reporting Data Collection) and other mechanisms
have excellent communication skills to work with diverse teams and parties to conduct scoping and design workshops, and to troubleshoot issues and relationships
ensure integrity of financial information, and strengthen financial information protection by identifying, designing and implementing roles, accesses, reconciliation mechanisms etc.
Support the solution through continued engagement, stabilization, maintenance and enhancements.

Duties and responsibilities

You will be required to perform the following:

Partner with business stakeholders to conduct scoping, develop design, coordinate development and testing, and managing the rollout of Group financial solutions leveraging SAP Central Finance, Group Reporting and related technical solutions.
Coordinate with affiliate organizations to coordinate the infrastructure readiness, integration requirements, troubleshooting and enablement of the affiliate data exchange with the Group system
Assess requirements related to SAP Central Finance and Reporting; Perform financial system landscape assessment; Provide support for implementation.
Provide ongoing support and troubleshooting for SAP Central Finance and Group Reporting modules, ensuring smooth transaction processing and data accuracy.
Implement CFIN mappings, configure Group reporting solution, configure and troubleshoot with Application Interface Framework (AIF), setup workflows, and manage master data by designing and utilizing SAP Master Data Governance (MDG)
Analyze and resolve complex system issues, collaborate with IT team for technical escalation if needed.
Develop and maintain comprehensive reports and consolidated financial statements according to local GAAP and IFRS standards.
Stay up-to-date on the latest SAP updates and best practices for Central Finance and Group Reporting.
Participate in system upgrades and implementation projects, providing expertise and ensuring smooth transitions.
Document processes and maintain user guides for efficient knowledge transfer within the team.
Stay up-to-date on the latest advancements in SAP Central Finance topics, obtain necessary technology certifications.
Communicate technical concepts and findings effectively to both technical and non-technical audiences.
Maintain, support and optimize digital solutions.

Minimum requirements

As the successful candidate you will hold a Bachelor’s degree in finance or IT from a recognized and approved program. Possession of an advanced business degree (e.g. MBA) and/or relevant professional certification (e.g. CMA, CFA, CPA) is preferred but not required.  

You will have six to eight years’ experience in implementation of SAP based financial accounting systems, including at least four years’ experience in solutions related to SAP Central Finance and Group Reporting. You will have four years of experience, preferably at multiple companies, in

You will be able to demonstrate a thorough understanding of the various aspects of implementing financial accounting systems including articulation and measurement of benefits, evaluation of technical and execution options, critical success factors, and project risks.

You must have hands on experience implementing SAP Central Finance and Group Reporting systems and will be able to analyze the financial accounting landscape and provide architectural options for implementing such solutions.