ID

SAP FERC_C2H

IDESLABS
Hyderabad5-8 LPA Posted 15 May 2025
FULL TIME
Sql
Sap Fico
Automation
Sap

Job Description

Key Responsibilities:

FERC Compliance & Reporting:

  • Implement and manage SAP-based FERC reporting frameworks.
  • Map standard SAP GL accounts to FERC account structures.
  • Ensure accurate and timely FERC Form 1 and other regulatory report generation.
  • Validate data extraction and reconciliation processes for FERC submissions.

SAP FICO Integration:

  • Work closely with Finance teams on SAP FI/CO modules (GL, AA, CO-OM, CO-PA).
  • Support month-end and year-end close processes related to regulatory reporting.
  • Provide input on design and configuration for financial posting logic as it relates to FERC rules.

Project & Documentation:

  • Participate in implementation, enhancements, and support of FERC reporting projects.
  • Prepare detailed functional specifications and documentation.
  • Collaborate with auditors and compliance teams to ensure transparency and traceability.

Support & Optimization:

  • Troubleshoot and resolve FERC-related SAP issues in collaboration with business and technical teams.
  • Optimize existing SAP FERC solutions and ensure alignment with evolving regulatory requirements.
  • Conduct end-user training on SAP FERC processes.

Required Skills & Qualifications:

  • Bachelor's degree in Accounting, Finance, Information Systems, or related field.
  • 5+ years of experience in SAP FI/CO, with at least 2 years of hands-on FERC reporting experience.
  • Familiarity with FERC Uniform System of Accounts (USoA) and energy/utility industry standards.
  • Strong understanding of financial data mapping, regulatory compliance, and accounting principles.
  • Experience with SAP ECC or S/4HANA platforms.

Preferred Qualifications:

  • Experience in the energy, utilities, or oil & gas sector.
  • Prior experience with FERC Form 1 automation or custom reporting in SAP.
  • SAP FICO or Utilities certification.
  • Exposure to SAP IS-U (Industry Solution for Utilities) is a plus.

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