Functional Consultant - D365 F&O

Job Description

Job Title: Dynamics 365 F&O Finance Functional Consultant Location: Mumbai Job Responsibility: The D365 Finance & Operations Consultant (Client location: Mumbai) Support and implement Dynamics 365 Finance & Operations to streamline financial processes, including General Ledger, Accounts Payable, Accounts Receivable, and budgeting. Minimum Qualification : MBA (Finance) or CA Job Duties: 1. Financial Module Implementation and Configuration Requirement Gathering : Collaborate with clients to understand their business processes and gather detailed financial requirements, particularly for General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Cash and Bank Management, Fixed Assets, and Budgeting. Configuration : Customize and configure the financial modules in D365 F&O according to client-specific requirements. This includes setting up the chart of accounts, fiscal calendars, financial dimensions, and tax configurations. Module Integration : Ensure the proper integration of financial modules with other modules like Supply Chain Management (SCM) and Human Resources, to create a seamless flow of financial data across the organization. 2. Data Migration and Reconciliation Data Import/Export : Assist with data migration activities, including importing legacy financial data into D365 F&O. This involves using data entities and data management framework within the system. Reconciliation : Ensure data accuracy and integrity by reconciling imported data with historical data and confirming the completeness of financial transactions. 3. Financial Reporting Custom Reports Development : Design and develop financial reports, including income statements, balance sheets, and cash flow reports using tools like Management Reporter , Power BI , or the built-in D365 reporting features. Financial Analysis : Support business decision-making by providing financial insights and analyses through customized financial reports. 4. Support and Troubleshooting End-User Support : Provide post-go-live support to users by troubleshooting any financial module-related issues and guiding them through new features or processes. System Enhancements : Identify areas for improvement and recommend system upgrades or enhancements based on user feedback and system performance. 5. Testing and Validation System Testing : Create and execute test scripts for financial processes, including unit testing, integration testing, and user acceptance testing (UAT) to ensure the system is functioning as required. Process Validation : Validate that all financial transactions and processes within the system conform to the organization's requirements and statutory compliance. 6. Training and Documentation End-User Training : Conduct training sessions for finance teams to ensure that they are well-versed in using the financial modules of D365 F&O. Documentation : Prepare detailed documentation of configurations, processes, and solutions for future reference, both for internal teams and clients. 7. Compliance and Best Practices Regulatory Compliance : Ensure that the financial processes configured in D365 F&O comply with local and international accounting standards, such as IFRS or GAAP. Process Optimization : Identify and implement best practices for financial management and accounting processes, helping clients streamline operations and improve efficiency. 8. Client Communication and Stakeholder Management Stakeholder Engagement : Maintain communication with stakeholders to update them on project progress, address any concerns, and manage expectations. Consultation and Advisory : Act as a financial consultant by advising clients on best practices in financial management and how to optimize their use of D365 F&Os financial modules. Skills Preferred: Financial Modules Expertise (GL, AP, AR, FA, Cash & Bank, Budgeting), Basic Technical Skills, Analytical and Problem-Solving Skills, Project Management and Implementation Skills, Soft Skills, Certifications