Varadhan Narasimhan (Varad)

SAP FICO Lead Consultant & S4 HANA

KORCOMPTENZ

Biography Sketch

Email – ado3fh@r.postjobfree.com / Mobile – 281-***-****

ado3fh@r.postjobfree.com

Linkedin Profile link --- http://www.linkedin.com/in/varadhan88

Career Overview

Job Title : SAP FICO Lead Consultant & S4 HANA.

Varadhan Narasimhan is a senior SAP FICO Lead Consultant joined at Korcomptenz recently in USA – NJ and holds a Degree in Commerce from Chennai., India and a CA Finalist from ICAI, New Delhi, India.

Varad carries 20 years of business experience and 17 years of SAP FICO experience and also added SAP S4/Hana recently.

Varad has completed 6 full SAP FICO life cycle implementation projects, and one in FI-AP and another one in FI-AR specifically, apart from this he has lead 5 support projects out of which 2 are global support. Varad has a wonderful communication due to dealing with global business users and gained their confidence.

Varad has done extensive configuration in FICO and also in integrating MM/SD/PP areas.

Business & Functional Experience

SAP Certified Professional – Financials

Skillset – includes configuration and support.

FI – New GL, AP, AR, AA, financial reports and taxation.

CO – CCA, PCA, Product Costing, Template Allocation, Planning Cycle, Copa

Material Ledger

EBS Configuration, EDI Payments, Lockbox.

ABAP debug skills.

SAP SD & Revenue Recognition

SAP MM

SAP PP

SAP Project Systems in manufacturing environment

S4Hana – Fiori

I2P process for process invoices.(open text, VIM, etc.,) / COUPA/ARIBA interface

HR/CATS

Training Completed

Process Costing – KPMG in 1998 in INDIA

ABC Costing – Satyam Computers in 2000 in India

Managerial Skills – McKinsey Global Management in 2001 in India

SAP FICO – IMG Training – Wipro in 2003 in India

SAP S4/Hana (Simple Finance) – May 2017

SAP S4/Hana (Central Finance )– March 2021

OpenSAP – SAP S4/Hana Technical Conversion – Nov 2019.

Project Details starting from Current:

Korcomptenz Inc – NJ:

Currently supporting VALE a mining industry on S/4 hana Finance and logistics from June 2021:

Korcomptenz Inc – India – from Sep 2019 to Aug 2021

Working on SAP FICO and Hana offshore support for US based customers – Cognex Inc, Boston,MA major working involving creation of house bank/account ID for AP/AR automation in F110 & Lockbox setup. Migration of legacy data, GL master data support in creation of secondary cost elements in FI, month end support for closing activities.

I worked in an S/4 Hana 1909 implementation project – Maveric Systems, India from oct 2020 to april 2021 and my task include conducting workshops for core team on FI topics, testing with them on sandbox, covering all the business scenarios which were previously being done in Oracle ( their legacy system).

S/4 Hana configurations on foreign currency, New Asset accounting, and GL/AP/AR configurations.

Apple – Sunnyvale,CA Oct 2018 to Aug 2019.

I am working in the EBS & Credit Card – payments and collections, currency conversion form USD to KRW (Korea) and will be assigned in the monitoring of custom function modules, tables and various jobs. I am working on SAP RAR implementation to meet IFRS 15 requirements with FICA to RAR process with new functionalities like provider contracts, revenue accounting item classes, performance obligations (POB), BRF+ Rules. I have also been assigned with the SAP S4 Hana implementation project and various presentations completed, I worked in the design stage and also worked on the documentations part before we move on to setting up the realization stage, I also got involved in the testing phase for both RAR project as well as EBS & Credit Card project, successfully went live in July 2019 and one month of hyper care support.

Johnson & Johnson – Product Costing Expert, New Jersey – Feb 2018 to Oct 2018

From middle of Feb 2018 - JnJ Bridgewater NJ - took up assignment in Product costing implementation team as Core Team member from business. In progress

Release 1 - Go-LIve on July 2018 - successfully completed - Now fully conversant with Agile methodology. Fully conversant with Agile methodology, its process, documentation in solution manager, HPALM testing, Doc space for documentation, Completed the KT documents and explained to the forthcoming support team, did unit testing, system testing, and assist in UAT.

The Release 1 included the planning profile creation, planning layouts and file descriptions attached.

New CCS created and various reports reconstructed with this new CCS including report painter reports, also includes mapping of old CCS to New CCS.

Template allocation was configured in detail for variable, fixed, machine and labor overheads with standard and custom function modules assigned, implemented various SAP notes during error management and parameters redesigned.

Release 2 in Progress - sep 2018 Go-Live.

SAP HANA Training & Support Project – Aug 2017 to Jan 2018.

SAP Certification training from Chicago office, hands on experience in configuration, working on Fiori tiles in creating account ID, upload of master data, etc.,

Online training attended from M/s Ajitha SAP consulting Pvt Ltd – worked on central finance, ledgers setup, migration training.

Worked on few of Korcomptenz Inc customers based in New Jersey, New York, Natick-MA supporting their SAP FICO Hana – creation of house bank, account ID, setup automatic payments, lockbox, master data management.

Roche Diagnostics Inc. - FICO Global Support as Lead – April 2015 to July 2017.

Training & Reverse KT / playback sessions completed

Configuration on FICO TOPICS / MM / SD

Support for FSSC Indianapolis

Taxware system for taxes

HPSM / HPALM handling

I2P / Runbook / Revenue Recognition are added topics.

Material Ledger Support

Interface with Blackline for data transfer and reporting, Webdynpro journal entries setup.

SAP Project Systems in manufacturing environment

HR/CATS

GE – Oil & Gas – FICO Global Support as Lead – June 2013 to March 2015.

(Support for GE offices located in Alexandria, LA / Minden, NV / Longmont, CO / Hurth, Germany / Lewiston, PA / Slovakia / Groby, UK )

Operational Support for FICO

Configuration on FICO TOPICS /MM/SD

BI Reports

Sales Analysis & Revenue Recognition monitoring

Product costing setup and support

COPA Reports in KE24 & KE30

Incident analysis & project meetings

HP Quality system handling – ASM tools

SAP Project Systems in manufacturing environment

HR/CATS

Sabrix / Vertex / Tax ware – tax interfaces

Alexandria plant complete support, training and process stabilization

Introduced Z program for Bank account no length > 18 for CHINA

Involved in the team for Global CoA design

Responsible for project progress, month end settlement, for few plants as a monitoring job

VFX3 & VF45 error handling and monitoring

Functional area project – error handling and reporting

S4Hana – training completed and working on Fiori as part of knowledge.

ARCELORMITTAL, East Chicago, IN – Jun ‘12 – May ‘13

( FI – AR implementation for USA / Mexico )

AR configuration for Finance & SD

Lockbox configuration, testing, rollout

Aging analysis report

Revenue Recognition

Master data, bank data, partner functions & Hierarchy.

Collection / Dispute management

Introduced masking for Lockbox reference field – to match LR /AWB / etc.,

As reference documents for invoice.

EBS configuration for UK based Citi bank

INTERSUN Holdings, Russian Countries. Jan / Feb 2012

Pre – project Training

Complete preparation of FICO training material, trained 40 FICO USERS, used one client for complete configuration of food industry process, have trained them on IMG as well as sap easy access transactions.

Tyco Flow Control, Houston, Texas: Mar 2012 - May 2012

BI Implementation – specific task of mapping FS to TS

Discussing with FI users for the BI / BW requirement, create FS document, work with the BI team and clarify them in completing the Technical document, worked with technical team and understood BI functionalities, validated the correctness of the report and released the report to FI users.

(Handled 20 BI/BW/BOBJ consultants from offshore – India, UK, Germany – conducting status meetings/FS to TS meetings, Report review meeting, etc.

SANDOZ, Johannesburg, South Africa: Jul ‘10 – Oct ‘11

Project Manager & FICO LEAD

(Implementation of all modules in SAP)

We introduced scoping session with FI leads before blue print discussions

Complete verification of FICO configuration – all sub-modules.

Configuration step by step document created for the business

BI Reports mapping from FI & Copa & Revenue Recognition

Hyper care support for 3 months

Audit by Germans after each stage of project and evaluation.(Obtained Green in all stages for FICO)

Setup of operating concern & COPA configuration fully completed by me

Material ledger setup and testing and roll out

SAP Project Systems in manufacturing environment

LSMW program for all FICO masters, open items and assets upload

EBS testing with the local banks

SRM – team lead for implementation

Data fees / Computer cost of pharmacy – separate value fields created in Copa.

Bricks – sales rep in each market – created as separate Characteristics in Copa.

Major interface of Uti warehouse to Sandoz and automatic account assignment

Padini Holdings, Subang Jaya, Malaysia: Jan ‘10 – Jun ‘10

FICO – Lead

Retail implementation

640 pricing conditions mapped in VKOA settings and POC invoice successfully generated

CO – CCA, PCA, COPA FOR REPORTS

FI – GL, AP, AR, AA,

Configuration / testing / training / rollout

Revenue Recognition

Hyper care support using HPQC tool

Training on New GL concepts and document splitting

Different methods of depreciation for various asset classes

Ausra Inc. Solar energy industry, Palo Alto CA, USA: Jun ‘08 – Aug ‘09

Project Manager & FICO LEAD

(Implementation of all modules in SAP)

FI – GL, AP, AR, AA / CO – CCA, PCA, IO, OH, Product Costing, COPA.

i have worked on 2 projects on classic GL and rest of all projects (implementation as well as support) is on New GL...i have configured extensively on New GL including document splitting, currencies., etc., also worked on various customs report for GL and financial statements for different requirements. Group CoA, trading partner setup, PCA accounting, Currency settings,

SEM-BCS for consolidation with inter-company netting, profit / loss on sale of assets -between inter units, exchange gain / loss for 17 company codes in 14 countries.

Includes currency netting, netting of customer/vendors, inter-company settings, and netting of IU profit on sale of assets within company codes, Consolidation of investments, multi-dimensional consolidation reports., segment reporting, master data and transaction data integration from ECC tables to SAP NetWeaver BW, 2 instances scenario using info cubes.,

Upload programs for payroll from FISERV to SAP

VIM / Open Txt / P2P

Partnering with KPMG in this project

Mercury Quality Centre – used for go-live support

Trained offshore team and monitoring of their progress.

EBS & Lockbox configured and tested.

Sixth Gear Inc, Auto Finance co, NYC, NY USA: Jan ‘08 – Jun ‘08

(Implementation of FI in SAP)

FI – GL, AP, AR, AA / CO – CCA, PCA

I am the only FI consultant to complete the whole implementation, including configuration, LSMW upload of balances, training the users, testing the process and finally printing of checks. (basis and abap were hired for one month)

Merck &co, Health care, NJ USA: Feb ‘07 - Dec ‘07

(Implementation of FI-AP in SAP)

P2P – process invoice & process payment – Mexico, Netherlands, Bermuda.

Worked with IBM partners

Worked on Mercury quality centre for hyper care support

VIM, Open text, workflow

Third party payment to Citi Bank UK using PI & TIBCO interface

2 way & 3 way match – principles – training & testing

Brakes India Ltd, Automotive Brake parts India: Jan ‘03 - Oct ‘04

Brakes Foundry Ltd, Engineering Industry India: Nov ‘04 – Dec ‘06

(Implementation of All modules in SAP & Support)

FI – GL, AP, AR, AA,

CO – CCA, PCA, IO, OH, PC, COPA

Material ledger for automotive implementation.

Locations – Chennai, Pune, Gurgaon, Chengalpattu, Sholinghur in India

Transition from Finance to SAP as core team member

Evaluation of implementing partners from various leading IT providers

Worked with Wipro as implementing partners

Undergone 3 levels of training in FI/CO, classroom training, IDES and configuration training from M/S WIPRO TECHNOLOGIES LTD during implementation.

BOM / ROUTING / production versions / Additive costs / external processing costs. Costing variant/valuation variant/WIP/RA/variance/settlement/CO closing

Revenue Recognition

Major Processes handled and configured:

New GL: Having 10 years of experience working on ECC6.0 with New GL concept and document splitting with business area as well as profit centre criteria. Configuration of local currency, parallel currency and ledgers are part of New GL.

US Taxation – worked on various tax interfaces like Sabrix, Vertex and Taxware, interface logic works from PO / SO to Finance and accounting including jurisdiction mapping, MDET - revenue-raising provision to offset the cost of broadening US health care, federal income taxes, 1099 forms, etc.,,

US GAAP - report the acquisition costs of assets and liabilities at cost rather than their fair market value, record revenue when earned but not when received, losses must be recognized when their occurrence becomes probable, Expenses have to be matched with revenues as long as it is reasonable to do so. Expenses are recognized not when the work is performed, or when a product is produced, but when the work or the product actually makes its contribution to revenue. The amount and kinds of information disclosed should be decided based on trade-off analysis as a larger amount of information costs more to prepare and use. Information disclosed should be enough to make a judgment while keeping costs reasonable. Information is presented in the main body of financial statements, in the notes or as supplementary information, depreciation and cost of goods sold are examples.

S4Hana – FICO configuration relating to S4Hana 2.0 version in ledgers, currency settings, setting up of tables – ACDOCA/ACDOCP/, depreciation settings, business partner setup, house bank & account id setup in Fiori and account based copa., migration of data from SAP/NON-SAP systems using SLT ( sap landscape transformation ) to Hana data bases. Account based COPA setting up in S4Hana, on premise Vs private/public cloud suggestions.,

More analytics on asset accounting changes in S4Hana.

Product-Costing – Configuration done to enable business to do Cost center planning, activate rate calculation to value internal activities, quantity structure to calculate cost of goods sold using BOM and Routing, enable the costing run to be calculated monthly or annually using costing versions, costing variants and transfer controls, configuration of wip, variances and settlements. Product costing experience - 4 manufacturing company implementations and 2 global support involving totally 8 years of sap fico experience – configured for multi-level, purchased goods, material master requisites, valuation variants, costing variants, cost component splits, overheads, additive costs, material master pre-requisites, costing run and error handling. Configuration of order types, working progress, variance, result analysis and month end close activities support. Problem solving based on user issues in cost roll up, cost variations, handling PO errors and material master errors, having good exposure to PP/MM/SD integration and resolved issues. Newly added template allocation skills.

COPA – Complete configuration, derivation rules setup, reports, sap note implementations, user exits, experience in costing based and account based in S4/Hana.

Material Ledger – Configuration includes activation of valuation areas for material ledger, assign currency types to material ledger types and ML types to valuation areas, number ranges for ML documents, activate actual costing and actual cost component split, OBYC settings with transaction type LKW for b/s accounts for accruals. Supported the month end close for material ledger costing run and capitalizing the variances

Asset Accounting – Working on SAP-FI-AA for nearly 11 years both in implementation as well as in support widely, Configuration Experience, LSMW upload, Reports, and solved various issues arising during the month end close. Familiar with chart of depreciation, depreciation areas, depreciation keys, account assignments, migration of data, asset class and layouts, number ranges, and supported depreciation run.

Project System – Configured for cost and planning budget, scheduling, requisitioning of materials and services. WBS – master creation to settlement and various reports to find the status at various levels., CATS – upload of working hours, approval process, link from HR on attendance, etc., Configured for project builder and fully conversant in supporting the business needs and have done upload of wbs master data.

HR Interface – Configured the payroll & expenses mapping to accounting in the system, familiar with the third party systems interface to FI, supported the customer on technical issues with interface systems webdynpro for account postings automatically as well as manual journal entry setup for HR related expenses, worked and supported the accrual tool for month end postings / reversal, have also worked on fixing cost object issues in HR-FI interfaces.

AMS – 6 years of global support, having worked on Mercury quality centre, HPQC, HPSM, HPALM for various incident and change request creation, update for incident completion, update on configuration, testing, training documents, for the support of end client, fully conversant with the ITSM support processes in a global environment. Monitoring of KPI’s on a weekly basis and presenting the same to SMS leads.

Documentation – User requirement, functional specification, business process and procedure documents have been created in detail and uploaded in the support sites of the client.

Reporting – Worked on creating functional specification documents for user requirement on reporting from SAP to business objects, S4/Hana data base to office, Lumira and Fiori reporting tools to get the desired reports.

COUPA – it is a cloud based spend management software interfaced with SAP like ARIBA. The Coupa Supplier Portal makes transaction easy for customers, with Coupa provides a set of application that strategically extends the spend management function needed for the ERP, bringing agility, real results and business users satisfaction.

Month-end Close - supported month end and period end close on profit Centre updates, order settlements, costing run, material ledger close, accrual postings, valuation class change updates, data transfer for BI reports., setting up and monitoring of FICO background jobs.

Technical skills – Completed training on S/4 Hana and worked on Fiori and data migration from ECC to S4 Hana.

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