Sr. SAP FICO Lease Accounting Consultant - Manager - 62214614

Company: Cognizant
Location: Houston
Posted on: January 21, 2025

Job Description:

This is a remote position open to any qualified applicant in the United States. About Cognizant's SAP Practice Cognizant's SAP practice is part of our Enterprise Platform Services (EPS) unit. In Cognizant's SAP practice, we help enterprises maximize business value in the digital economy. As part of this practice, you will drive digital acceleration, to prepare our clients for the approaching autonomous business by unlocking the value of digital with industry-specific outcomes. Our extended service portfolio and business solutions help our clients gain competitive leadership, discover new revenue streams and achieve business agility-all with the operational mandates of cost and efficiency. Role: Sr. SAP FICO Lease Accounting Consultant Job Level: Manager Location: Houston, TX. Work from home. Duration: Full Time only - Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future. This position demands a robust understanding of general accounting and lease accounting principles, with a particular emphasis on ASC 842 compliance. The ideal candidate should have substantial experience in asset-intensive industries such as Energy, Utilities, and Rail. Proficiency in solutions like SAP FICO, SAP FI-AA, and/or Power Plan Lease Accounting is critical. The candidate must exhibit excellent analytical skills, meticulous attention to detail, and the ability to collaborate effectively with various departments and team members. In this customer-facing role, the candidate will be responsible for delivering full-cycle Lease Accounting projects, from initial workshops to post debut support. Roles and responsibilities:

• Collaborate with the Project Manager on critical aspects such as project scheduling.
• Facilitate workshops to capture and analyze requirements.
• Advise clients on standard methodologies and encourage the adoption of innovative solutions.
• Document detailed requirements and specifications.
• Configure the system to meet client needs.
• Work independently with developers to develop RICEFW objects.
• Direct resources and peers, providing daily guidance, leading, and facilitating workshops.
• Develop and finalize deliverables, including business process design documents, configuration guides, functional specifications, technical specifications, and test use cases.
• Oversee all phases of system testing to ensure quality and functionality.
• Provide comprehensive training to clients on system usage. Required Qualifications:
  • A bachelor's degree in accounting, finance, or a related field is preferred, but equivalent experience will also be considered. A professional accounting qualification (e.g., CPA, ACCA) is preferred.
  • A minimum of five years of experience in lease accounting.
  • Proficiency in lease accounting software, including SAP Contract and Lease Management (CLM), SAP Flexible Real Estate Management (RE-FX), PowerPlan Lease Accounting, or other ASC 842 compliant lease packages, is essential.
  • Knowledge of SAP FICO and/or SAP capital cost flow is preferred.
  • Strong understanding of accounting principles, particularly related to lease accounting and ASC 842.
  • Excellent analytical and problem-solving skills, with the ability to interpret and present complex financial data.
  • High level of accuracy and attention to detail in all aspects of work.
  • Strong verbal and written communication skills, with the ability to effectively communicate with all levels of the organization.
  • Ability to work collaboratively with various departments and build strong working relationships. Preferred Attributes:
    • A proactive attitude towards identifying and resolving issues, with a continuous improvement approach.
    • Ability to adapt to changing priorities and work optimally in a fast-paced environment.
    • Potential to tackle leadership roles and mentor junior staff.
    • Experience managing projects or initiatives related to lease accounting or finance. Working Conditions: The Lease Accounting Senior Consultant role involves direct interaction with clients. Depending on client preferences, work may be conducted predominantly remotely, in a hybrid model, or primarily on-site. Some travel is expected. Additionally, this role may require extended working hours during peak periods, such as debut. Salary and Other Compensation: Applications will be accepted until February 02, 2025. The annual salary for this position is between $129,500.00 - $152,000.00 depending on experience and other qualifications of the successful candidate. This position is also eligible for Cognizant's discretionary annual incentive program and stock awards, based on performance and subject to the terms of Cognizant's applicable plans. Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
      • Medical/Dental/Vision/Life Insurance
      • Paid holidays plus Paid Time Off
      • 401(k) plan and contributions
      • Long-term/Short-term Disability
      • Paid Parental Leave
      • Employee Stock Purchase Plan Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law. Cognizant is an Equal Opportunity Employer M/F/D/V. Cognizant is committed to ensuring that all current and prospective associates are afforded equal opportunities and treatment and a work environment free of harassment. Cognizant is recognized as a Military Friendly Employer and is a coalition member of the Veteran Jobs Mission. Our Cognizant Veterans Network Assists Veterans in building and growing a career at Cognizant that allows them to demonstrate the leadership, loyalty, integrity, and commitment to excellence instilled in them through participation in military service. #LI-KV1 #CB #Ind123

Keywords: Cognizant, Sugar Land , Sr. SAP FICO Lease Accounting Consultant - Manager - 62214614, IT / Software / Systems , Houston, Texas