Nitin Bhambri

About Nitin Bhambri

SAP FICO FSCM practice. He has 25 years of total experience out of which 23 years in SAP S4 Hana FICO FSCM Treasury ACH RAR GROUP REPORTING SAC Einvoicing DRC into various industry domain. Nitin is a Certified in SAP FICO and S4 HANA Finance Consultant, having 20+ years of SAP Customer Centric Onsite experience. He has managed customers at different geographics like Netherlands, KSA (DUBAI – UAE) and Singapore, USA, EUROPE.Total Experience : 25+years with S4 HANA exp of 10 yearsImplemented CFIN-2020 version along with Bank Accounting, Cash Management, also worked on S4 HANA Finance Migration activities. Implemented Overhead Cost Controlling, Cost Centre Accounting, and Profit Centre Accounting related projects. Implemented Asset Accounting, Accounts Payable and Accounts receivable. Implemented AP Treasury and Risk Management Accounting—Transaction Manager- Money Market, FOREX Markets.Implemented SAP Funds Management, Budgeting along with Funds Center and Commitment items, SAP Grants Management. Implemented Profit Center Accounting with New GL, Derivation rules, Allocation cycles, profit center based financial statements Implemented SAP CO-PA, Define Characteristic values, value fields, Derivation rules, Profitability Segment/Analysis structure Implemented Trading finance Instruments (Letter of Credit, Bank Guarantee, Forward, clearing settlement mechanisms, risk management, capital markets & regulatory compliance.Implemented SAP FSCM (In House Cash, Treasury E-banking, Bank Communication Management, Credit Risk Analyzer, Derivatives, Facility, and knowledge on Dispute Management cash, credit and collection management in S4 HANA FINANCE 1909 Implemented Revenue Accounting Reporting (RAR) and Revenue Recognition. Configuration of R2R : Successfully configured and tested GL, AP, AR, Controlling/Planning as part of SAP Accounting powered by HANA Add-on, Cash Management S/4 HANA Add-on, and Fixed Assets modules in S/4HANA 1909 Finance and SAP HANA specific Fiori apps. Functional Specifications.S4 Hana Global Tax Management Suite, S4 Hana has released a number of new tax solutions that deal with critical challenges that clients have to cope with, matters such as real time tax reporting, ensuring accurate indirect tax determination, advanced tax reporting and increased control over their business processes.Functional ExpertiseTreasuryAccounts PayableContractsSourcingFSCMTaxation GlobalTRM Taxation – USA / EuropeIndustry ExpertiseLife SciencesEnergy & UtilitiesRetailBanking & Financial ServicesOil & GasManufacturingInsuranceTechnology

Experience

1. Director Delivery for S4 Hana 2024 Project for Financial Consolidation Indirect Direct Taxation

   Novartis

   May 2024 — Present · Basel, CH

   Transactions between taxable entities established, domiciled orhabitually resident in Basele-reportingB2B InternationalOrder-to-Cash:• Intra-community supply of goods and services• Export of goods and servicesProcurement-to-Pay:• Intra-community acquisition of goods and services• Import of services• Domestic reverse charge made by a non-established taxpayersregistered for VAT purposes2MONACO Delivery of goods and provision of services to Monaco.Payment of services Payment of services subject to the cash accounting mechanism(given that the company has not opted for VAT on debits andexcluding transactions giving rise to reverse charge of VAT)Finanicial Consolidation : escribe the interface that is going to be built to send the data from the balance sheet accounts in CEP to the SAP FC-(CHC) system, where the consolidation process takes place.Depending on the group account the core dimensions to be taken into account can vary and therefore, there will be a new specific table that will include the accounts with the extra dimensions applied in each case.The interface doesn’t use the current table Y because this program must be completely independent of the extraction for Magnitude in order to avoid regression.So the property of liabilities and consolidation accounts for each group accounts is added in the table which manages the dimensions ZF.For some combinations of group accounts / flow codes, SAP FC (CHC) receives amounts from another tool. For example: group accounts ST01 to ST05 for flow code F60 are populated by Marco tool.So CEP should not put these combinations in the file in order to avoid reject during the upload in SAP FC. So we need to have the possibility to delete some records from the file.An extraction will be done in system containing all information referring to the Balance Sheet accounts and their movements, which will be sent to the SAP FC (CHC) tool.

Education

• Sriram College of Commerce

  Bachelor of Commerce (B.Com.) Hons, Accounting and Finance

  1990 — 1993

• Faculty of Management Studies - University of Delhi

  MBA - Master of Business Administration, Finance and Financial Management Services

Skills

• Program Delivery Management
• Sap Erp
• Pre-Sales Initiatives
• Corporate Training
• Business Transformation
• Pricing Strategy
• Quality Auditing
• Onsite-Offshore Model
• IT Recruitment
• Profit Center Management
• Business Analysis
• Project Finance
• Bid Preparation
• Customer Engagement
• Rfid Applications
• Strategic Account Growth
• Consulting
• Pre-Sales
• Onsite-Offshore Delivery Model
• Sap Business Bydesign
• Sap Products
• Sap Pre-Sales
• Quality Management
• Service Delivery Management
• Management
• Project Delivery
• Offshore Management
• Itil
• Sap Financial
• Project Estimation
• Sap Functional Consultants
• Stakeholder Management
• Erp
• Requirements Analysis
• Rfp Generation
• Business Process
• Project Portfolio Management
• Sap Delivery Management
• Business Strategy
• Transition Planning