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SAP IHC Functional Consultant

Job Description - SAP IHC Functional Consultant

Description

The SAP IHC Consultant is responsible for maintaining and enhancing the SAP In-House Cash module within the organization’s Finance landscape. The role includes Design, configure, and implement SAP In-House Cash (IHC) solutions across global entities.



Responsibilities
  • 8+ Years of overall IT Industry experience
  • Configure payment-on-behalf-of (POBO) and collection-on-behalf-of (COBO) processes.
  • Set up and maintain: 
    • In-House Cash Accounts
    • Payment advice processing
    • Bank clearing and reconciliation
    • Intercompany settlements
  • Integrate IHC with AP
  • Support enhancements, small projects, and change requests related to IHC processes. 
  • Work with ABAP developers to deliver functional specifications for customizations, reports, and interfaces (RICEFs)
  • Strong hands-on experience with SAP FI and IHC (In‑House Cash) configuration
  • Good functional understanding of:
    • Payment Orders & Internal Payments
    • House Bank & Bank Account Management
  • Monitor and troubleshoot issues in payment processing, posting, internal settlement, and bank communication.
  • Analyze and resolve errors in IHC payment orders, bank statements, and internal company transactions. 
  • Support daily operations such as payment runs, house bank updates, bank communication monitoring, and SAP interface checks.
  • Experience in resolving payment failures, interface errors, and posting issues.
  • Strong analytical and problem‑solving skills. 
  • Ability to communicate clearly with Treasury and Finance stakeholders. 
  • Good documentation and process-mapping abilities. 

Ability to work independently in a global support environment. 



Qualifications

Bachelor's/Master's degree in Computer Science, or Engineering field (BE/ME/MCA/BTech/MTech) with 8+ years of progressive IT experience



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