SAP Profitability and Performance Management (PaPM) Consultant
About this role
Monocle Solutions is a people-centric management consulting firm specialising in banking and financial services, with offices in South Africa, the UK, and the Netherlands. We deliver end-to-end solutions across risk, finance, compliance, data, and technology for some of the world's leading financial institutions.
At Monocle, we believe work is more than a job. It is a chance to make a difference in the world of finance. An opportunity to fulfil your potential. To make friendships with ambitious, positive, likeminded people. To gain invaluable industry experience and learn critical skills that will make you a highly sought-after management consultant. We understand that our greatest asset is our people and because of this, we do things a bit differently.
Job Purpose
We are seeking an experienced SAP Profitability and Performance Management (PaPM) Consultant to design, implement, configure, and support SAP PaPM solutions. The role requires strong SAP technical and functional knowledge, combined with an understanding of financial processes and business requirements.
Key Responsibilities (may vary based on project requirements):
SAP PaPM Implementation and Configuration
- Design, configure, and implement SAP PaPM solutions.
- Develop profitability and cost allocation models.
- Configure calculation units, functions, environments, and processes.
- Develop financial models to support profitability analysis and management reporting.
- Support SAP PaPM implementations, enhancements, and system upgrades.
Financial Modelling and Analysis
- Develop product, customer, channel, and business-unit profitability models.
- Design and implement cost allocation methodologies.
- Support transfer pricing and activity-based costing.
- Perform financial simulations, scenario modelling, and what-if analysis.
- Translate complex financial requirements into SAP PaPM solutions.
SAP Integration
- Integrate SAP PaPM with SAP S/4HANA, SAP BW/4HANA, SAP BW, SAP HANA, and other relevant data platforms.
- Work with finance data, master data, and transactional data.
- Support data extraction, transformation, validation, and reconciliation.
- Troubleshoot integration and performance issues.
Stakeholder Engagement
- Engage with finance, controlling, risk, and business stakeholders.
- Gather and document business requirements.
- Prepare functional and technical specifications.
- Facilitate workshops and provide end-user training.
- Support testing, deployment, and post-implementation activities.
Support and Continuous Improvement
- Provide production support and resolve SAP PaPM-related incidents.
- Optimise models and improve system performance.
- Maintain technical documentation and solution design documents.
- Identify opportunities to improve financial processes through automation.
What We Are Looking For:
- Bachelor's degree in Finance, Accounting, Information Systems, Computer Science, or a related discipline.
- SAP PaPM certification or relevant SAP training.
- At least 5 years of SAP experience, preferably including SAP PaPM.
- Hands-on experience implementing or supporting SAP PaPM.
- Strong understanding of profitability analysis, cost allocation, and financial modelling.
- Experience with SAP HANA and SAP BW technologies.
- Understanding of SAP FI/CO and SAP S/4HANA.
- Experience with data modelling, integration, and financial reporting.
- Experience with SAP PaPM Cloud or SAP PaPM on-premise.
- Exposure to SAP Analytics Cloud, SAP BW/4HANA, and SAP Datasphere.
- Knowledge of transfer pricing, activity-based costing, and regulatory reporting.
What Monocle Offers
Unlimited training and development - Investment in our people's development is at the heart of Monocles company ethos. That is why we prioritise the upskilling of every employee.
Unparalleled growth and exposure - Monocle is uniquely positioned in the market to undertake projects across a wide spectrum of critical and exciting areas of the financial services industry. Our consultants deliver mission critical projects at the most prestigious banks and insurers in Johannesburg, Cape Town, London and Amsterdam.
Unique and vibrant company culture - At Monocle, we believe friends work better together than colleagues. We love nothing more than partaking in a wide variety of activities through our company sponsored clubs.
Ultra-competitive compensation - At Monocle, we want the best talent to join our team, so we understand that those individuals need to be recognised and rewarded for their true value
Originally posted on Himalayas