Nakul Chakoo
Hawthorn Woods
Summary
Forward thinking Finance systems consultant & leader with over 14 years of experience in SAP-enabled business transformation across North America, LATAM, and EMEA. Certified in SAP FI/CO, BRIM, and Project Systems, as well as TOGAF enterprise architecture. Expertise in Record-to-Report design, asset accounting, tax localization, and data migration for SAP S/4HANA projects. Proven ability to convert complex regulatory requirements into compliant solutions that enhance close cycles and drive strategic growth.
Overview
28
28
years of professional experience
1
1
Certification
Work History
SAP Business Transformation Manager
Wolters Kluwer Tax & Accounting
Riverwoods
04.2018 - Current
- Monitored progress throughout all phases of a S4/HANA upgrade project's life cycle, ensuring milestones are met on time and budget constraints are respected.
- Facilitated workshops with internal stakeholders to gain an understanding of their needs and develop innovative solutions that meet those needs.
- Provided leadership, direction, and guidance on best practices for transforming business operations.
- Analyzed data from various sources to assess the effectiveness of current processes and make recommendations for improvement.
- Managed cross-functional teams to ensure successful execution of transformation initiatives across the organization.
- Created detailed project plans outlining all steps necessary to meet established goals and objectives.
- Provided technical support when needed during implementation phase of a project.
- Ensured compliance with company policies and procedures during all stages of transformation initiatives.
- Implemented change management strategies to ensure smooth transition into new processes or systems.
- Collaborated with stakeholders to identify opportunities for cost savings through improved process efficiencies.
- Coordinated with cross-functional teams to perform product testing and develop business plans.
SAP Manager & Technical Lead
Hillshire Brands Company
Chicago
05.2013 - 04.2018
- Directed execution of IT projects, ensuring effective monitoring, testing, and budget control.
- Managed performance of Finance systems for financial planning, sales, marketing, trade, supply chain, and HR.
- Developed business solutions with detailed financial estimates for proposed SAP implementations.
- Contributed to creation of short- and long-term SAP roadmap aligned with IT strategic objectives.
- Oversaw internal and external IT teams to achieve required service levels.
- Evaluated performance and facilitated career development of subordinate IT staff.
- Led analysis and design phases of projects while ensuring technical integrity of solutions.
- Maintained awareness of IT trends with emphasis on business intelligence for strategic direction.
CO/PS Team Lead
TARGET Corp.
Minneapolis
09.2011 - 05.2013
- Executed multi-year global ERP transformation for second-largest USA discount retailer valued at $70 billion.
- Conducted comprehensive analyses and facilitated workshops for SAP CO-PA implementation to enhance retail profitability.
- Managed SAP solutions for construction and marketing expense projects as Project Systems specialist.
- Oversaw project management activities, including planning, status reporting, and supervision of 13 resources.
- Facilitated extensive business workshops to gather core requirements and analyze existing processes.
- Developed Business Blueprint for SAP Project Systems, detailing design documents and future-state processes.
- Demonstrated project systems capabilities with a focus on structuring, budgeting, and lifecycle monitoring.
- Led design of marketing expense projects using internal orders, ensuring seamless integration with legacy systems.
GL/CO Team Lead
TARGET Corp.
Minneapolis
04.2010 - 08.2011
- Configured SAP General Ledger and Controlling modules, delivering comprehensive design outputs.
- Directed development of parallel ledgers and foreign currency processes for accurate reporting.
- Integrated over 45 legacy systems with SAP GL using wrapper BAPIs for document postings.
- Managed project planning, status reporting, and performance oversight of 10 resources.
- Facilitated workshops to collect functional and technical requirements for project scope.
- Conducted pilot runs and presentations to secure approval on configuration elements.
- Oversaw period-end closing activities with SAP Closing Cockpit for inter-company reconciliation.
FI/CO Team Lead
GMAC Corporation
Troy
09.2009 - 03.2010
- Company Overview: Worked for one of the largest global financial services company that provides automotive finance products and services to auto dealers and direct customers. The client had expanded its business to include mortgage operations, insurance, commercial finance and online banking. The project involves implementing a world class banking services design using SAP Bank Analyzer, ECC 6.0 and Average Daily Balance Solution for federal compliance regulatory reporting.
- Served as Team Lead for a re-implementation of SAP ECC and building a business case for the SAP General Ledger. The scope of the project included SAP ECC 6.0, SAP Bank Analyzer, Business Planning and Consolidation, BusinessObjects, ADB (Average Daily Balance) function solution & Reporting and Microgen Accounting Hub.
- Worked and delivered GL and CO teams’ of 6 resources exhaustive project plan activities for ‘Plan & Define’ Phase as per Client’s Project Methodology
- Led and provided functional and technical techniques for data migration as part of a business consolidation strategy.
- Deployed RAPID business requirement work sessions for open issues on Multi GAAP accounting (US GAAP and IFRS)
- Prepared and delivered detailed business scenarios and future business process flows for SAP ECC 6.0.
- Built and designed ECC 6.0 'Model Office' to demonstrate various new functionalities of SAP New GL such as Parallel ledger approach and Document splitting and Foreign Currency Re-measurement and translation
- Worked for one of the largest global financial services company that provides automotive finance products and services to auto dealers and direct customers. The client had expanded its business to include mortgage operations, insurance, commercial finance and online banking. The project involves implementing a world class banking services design using SAP Bank Analyzer, ECC 6.0 and Average Daily Balance Solution for federal compliance regulatory reporting.
Lead CO-PC Consultant
ALLIANCE ONE
Morrisville
12.2007 - 08.2009
- Company Overview: Worked for one of the largest tobacco processing and distribution giant for a brand new SAP ECC 6.0 Implementation on a global template approach.
- Key player in building SAP global template solution for a world-wide tobacco manufacturing giant
- The scope for the Finance team was - General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Internal Orders, Cost Center Accounting, Profitability Analysis, Investment Management, Material Ledger and Treasury.
- Worked with multiple teams on a day to day basis to define a high level business case, detailed cost benefit analysis, implementation road map and SAP application footprint for global processes
- Led and partnered with client in providing overall finance solution development, conducting design workshops, writing functional & technical specification documentation, functional testing, data migration, & cutover planning
- Designed, simplified and implemented complex processes by proposing some of the industry best practices to use standard SAP functionalities to allocate procurement-related overhead from both regular purchasing and subcontracting scenarios, thereby Automating Overhead Allocation through purchasing Info Records used in estimating standard product cost process.
- Configured and provided solutions for calculating Product Costing for Subcontracted Materials & Services, accurate inventory valuation by manual addition of actual costs at material level and for collecting all actual costs on production orders in one report for month-end analysis using report painter
- Led the design & configuration for a complex manufacturing scenario requiring effective product cost estimate across plants involving using special procurement type, mixed costing, procurement alternative, user exit, transfer control & transfer pricing methods
- Led the development and solution beyond standard functionality by integrating the steps for product cost planning into a single ABAP program as a scheduled automated background process
- Performed targeted user training on functionality and customizing by delivering high-quality learning content to employees using RWD info Pak in the areas of Investment Management, Material Ledger and Internal Orders for their day to day; month-end and year-end activities.
- Worked for one of the largest tobacco processing and distribution giant for a brand new SAP ECC 6.0 Implementation on a global template approach.
Lead CO Consultant
Canberra (Areva SA)
Meriden
01.2007 - 11.2007
- Company Overview: Worked for one of the largest nuclear power solutions developer for carbon-free power generation and electricity transmission to implement SAP ECC 6.0 and broaden its established successful SAP footprint. Canberra is now part of the newly formed $10 billion Areva Group SA.
- The Project was undertaken through a current state assessment of their accounting and finance business process identifying quick wins and later leading to implementation to bring upon other business units of Areva Group SA over to its established SAP pilot platform and footprint
- The scope of the FICO implementation included General Ledger (New), Accounts Payable, Accounts Receivable, Asset Accounting, Cost Center Accounting, Product Costing, Project Systems, ECC Customer Services and Profitability Analysis.
- Core player that conducted extensive workshops to gather requirements and defined the scope of the project activities for configuration & custom developments including determination of additional sub-modules/functions to be enabled to meet the business requirements as part of change management
- Served as Product Costing & Project Systems solution architect to manage product cost estimation, production variances, customer projects and customer services (repair) processes for manufacturing nuclear detection systems. As CO consultant, the role spawned cross modular with intense integration of Product Cost Controlling, Project Systems, Sales and Distribution and Customer Services (CS) for Clients' complex business processes.
- Responsible for maintaining enterprise structure for FI/CO modules – definitions assignments and global settings of companies, company codes, and controlling area and plants
- Helped build a clearly defined cost centers and profit centers structures that harmonized with Areva’s organizational structure, also maintained standard hierarchies and related master data through a process of extensive consultations with process owners to represent accurate value streams
- Provided business solution to determine Product Cost Estimates for multiple-sourced materials involving purchase order, sub-contracting and stock transfer
- Provided business solution & configured how to use easy cost planning from CO-PC with internal orders or customer projects to create a system that can meet all the basic requirements for developing a quotation request
- Designed, defined and configured complete costing-based CO-PA structure involving identification of characteristics and value fields along with master data maintenance of characteristic values and derivations for the operating concern including customized profitability analysis reporting
- Led a key business requirement to transfer specific characteristics from SD transaction tables & SD Partner functions to CO-PA
- Performed unit testing, string testing and integration test phases, including dry run and cutover activities to ensure that there was smooth business continuity for customers and suppliers to obtain inventory and financial information etc., while transitioning from legacy to SAP.
- Performed targeted user training on functionality and customizing by delivering high-quality learning content to employees using RWD Info Pak in the areas of Product Cost Controlling, Project systems and CS for their day to day; month-end and year-end activities
- Worked for one of the largest nuclear power solutions developer for carbon-free power generation and electricity transmission to implement SAP ECC 6.0 and broaden its established successful SAP footprint. Canberra is now part of the newly formed $10 billion Areva Group SA.
FI/CO Lead Consultant
TECHICOLOR
Indianapolis
03.2006 - 12.2006
- Company Overview: Worked as a FICO Consultant at Technicolor, an $8 billion technology leader of digital innovation in the media and entertainment sectors, for an ECC SAP 6.0 implementation project on a global template.
- Led the Finance consulting and client team through a series of realization and go-live related activities based on the business processes and required system solutions implementations for North American roll out on a pre-established and stabilized global template
- Successfully managed the integration with all other project teams (Sales & Distribution, Materials Management, SAP Business Warehouse)
- Lead architect and configurator for SAP profitability analysis, providing business solution to comply with Sarbanes-Oxley Regulations by Locking Posting Periods in CO-PA
- Helped business client by providing solution to capture the correct ship-to address information for profitability analysis ensuring performance indicators reflect true sales activity and business decisions around key countries, regions, and cities — even with one-time ship-to changes
- Conducted detailed planning including data migration, legacy reconciliation and data verification
- Demonstrated significant SAP and business experience in the areas of Financial Accounting resulting in a successful roll out of a global template
- Performed unit, regression and integration test planning including testing interface integration jobs to third-party applications
- Responsible for finance cut over activities planning and execution
- Supported and managed team performing post go-live activities till the first financial month end closing
- Worked as a FICO Consultant at Technicolor, an $8 billion technology leader of digital innovation in the media and entertainment sectors, for an ECC SAP 6.0 implementation project on a global template.
Lead FI/CO Consultant
Hubbell Electricals Corporation
Brewster
02.2006 - 11.2006
- Company Overview: Worked and lead a team for a client resources in an Electrical Industry with operations in manufacturing and distribution of Electrical products, for a full suite SAP implementation and multiple Go Lives for global roll-outs.
- The implementation involved six US divisions of the corporation (including Corporate) in different lines of business, as well as for the operations in Mexico and Canada
- The scope of the implementation was the following modules: FICO, SD, MM, PP, WM, BW, and HR. The scope for the Finance team was: General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cost Center Accounting, Profit Center Accounting, Platform Consolidation, Profitability Analysis and Product Costing.
- Responsible and involved in providing overall finance solution development & design, testing, training, data migration, cutover planning and post production support.
- Co-led & Chartered detailed planning, site coordination, implementation planning and managing the workloads of all team members of Finance
- Monitored and reported to top management on the status of project efforts, anticipating/identifying issues that inhibit the attainment of project goals and implementing corrective actions.
- Developed and executed dry run and cutover activities to ensure that there was smooth business continuity for customers and suppliers to obtain inventory and financial information etc., while transitioning from legacy to SAP.
- Worked extensively on Product Costing and variant configuration modules for cost simulations, configuration changes for custom requirements in make-to-stock and complex make-to-order environments
- Helped design solution for standard cost estimation process in a sales order using options chosen for a configurable materials leveraging variant configuration
- Worked and lead a team for a client resources in an Electrical Industry with operations in manufacturing and distribution of Electrical products, for a full suite SAP implementation and multiple Go Lives for global roll-outs.
Finance Integration Consultant
Warner Bros. (Home Video)
Burbank
12.2005 - 03.2006
- Company Overview: Engaged as a Finance Integration Lead on a global SAP ERP implementation for a $12 billion American producer of film, television, and music entertainment.
- Responsible for overall FI integration featuring complex supply chain processes, collaboration with supply chain partners, and numerous legacy applications/systems.
- Developed and lead GL/AP/AR Enhancements for core business requirements along with their integration to legacy systems in a complex heterogeneous environment.
- Designed a series of integration scenarios between SAP ECC and 3rd-party logistics and transportation management providers using ALE IDocs, Message Control, and SAP NetWeaver PI.
- Developed a series of CO budget interfaces using BAPIs
- Assisted onsite personnel with day-to-day integration challenges faced at customer sites including conversions and data loads using LSMW
- Responsible for working out the economics of an add-on work and assisting project leadership with the staffing plan and billing strategy
- Engaged as a Finance Integration Lead on a global SAP ERP implementation for a $12 billion American producer of film, television, and music entertainment.
Lead CO Consultant
TATA CONSULTING SERVICES
Delphi
04.2004 - 12.2005
- Contributed to client competency center through post-production support and SAP project involvement.
- Evaluated systems and processes against industry best practices to improve efficiency.
- Executed phase roll-out projects in CCA, PCA, COPA, and CO-PC areas.
- Authored and reviewed specifications for automotive applications transitioning to SAP R/3.
- Customized functionalities of CO-PA, PC, PCA, and FI for new company codes on SAP.
- Conducted dry runs and cutover activities for roll-out projects, ensuring dual data maintenance.
- Resolved issues during testing phases to ensure infrastructure readiness for Go-Live.
- Managed Change Control Requests for system enhancements across multiple modules.
CO-PA/CO-PC Consultant
Harmon International Inc.
NY
08.2003 - 03.2004
- Implemented costing and accounting based CO-PA for a Branded Electronic Consumer Products company.
- Performed structural definition for the Operating Concern involving its maintenance, data structure, attributes, characteristic, value fields and selection of PA segment characteristics to be formed upon PA postings
- Involved in master data maintenance such as creation of characteristic values/hierarchy and user defined characteristic derivation and rule values.
- Defined valuation strategies involving setting up valuation using material cost estimate, accessing to standard cost estimates, assignment of value fields, costing keys to material types, and to characteristics.
- Maintained complete CO-PA planning framework along with document ranges, versions and quantity fields
- Configured Transfer of Billing Documents, Order Settlement, Overhead and Production Variances to CO-PA
- Configured Transfer of Incoming Sales Orders, Billing Documents, Order Settlement, and Overhead & Production Variances to CO-PA
- Developed Customized KE30 Reports for the Profitability Analysis Information System involving definition of key figure schemes, local and global variables and creation of forms using Report Painter and Drilldown Reporting
Business Process Engineer
ISPAT Industries
Mumbai
02.1999 - 07.2000
- Company Overview: Worked as Business Process Engineer for a giant Iron and Steel Industry in India.
- Role execution required analyzing, organizing, developing, and mapping enterprise structure on SAP R/3 through configuration & customization of FI/CO module in interfacing with MM, SD and PP modules.
- Analysis required document decomposition, development & execution of functional design of current business processes to achieve processing of financial statements.
- Created G/L master records, sub-ledger accounts for customers, vendors and assets, tax accounts for state, county and city, reconciliation accounts
- Created screen variant template for GL account fast entry, configured FI module for closings, Balance and P&L Statements reporting
- Provided Go-Live and post implementation production support for CO-PA by reconciling reports containing SD, FI, and PCA data.
- Monitoring and reporting to management on the status of project efforts, anticipating issues that inhibit the attainment of project goals and implementing corrective actions.
- Worked as Business Process Engineer for a giant Iron and Steel Industry in India.
Software Engineer
Hero Honda Cycles Pvt. Ltd.
New Delhi
08.1997 - 12.1999
- Company Overview: Worked in a Cold Rolling Mill and Motor-Cycle Manufacturing Company as an Industrial Engineer.
- Conducting audits on foundry and heat treatment processes and document findings in SAP QM
- Responsible for utilizing ISO 9002 methods to increase efficiency, quality and continuous improvement
- Involved as team member for Production-Support and upgrades
- Developed procedures and document work instructions for metallurgical lab operations as SAP job aids
- Developing configuration scripts and business process test script procedures in Test Director along with data sheets as per requirement traceability matrix
- Worked in a Cold Rolling Mill and Motor-Cycle Manufacturing Company as an Industrial Engineer.
Education
Master of Science - Electrical Engineering & Computer Science
Wichita State University
Wichita, Kansas, USAMaster of Engineering - Industrial Materials & Metallurgy
Panjab University
Chandigarh, IndiaBachelor of Engineering - Industrial Engineering & Management
Panjab University
Chandigarh, IndiaSkills
- Project management expertise
- SAP integration activities
- Solution design for SAP
- Data analysis skills
- General ledger management
- System configuration proficiency
- Conducting SAP workshops
- Data migration techniques
- System upgrade management
- Customization and configuration
- SAP General Ledger expertise
- Business process improvement
- Fiori implementation for SAP
- Profitability analysis skills
- Controlling module proficiency
- Asset accounting expertise
- S/4HANA conversion for SAP
- Implementation techniques for SAP
- Business process mapping
Skills Affiliations Certifications
SAP ECC FI/CO/PS/PC/IO/IM, PP/SD/MM, BI, SAP NetWeaver, BPC and BusinessObjects, MS-Office, MS-Excel, MS-Access, MS-Project, MS-Visio 2004, Adobe Pro, SAP GuiXT, RADAR, SAP, Adobe Captivate, SAP Certified Professional – Financial Accounting & Managerial Accounting, SAP Certified Associate – Project Systems & Controlling, TOGAF – Enterprise Architect Certification, Capgemini Engagement Apprentice Level 1, Project Management Institute - Member of Minnesota Chapter
Certification
- SAP Certified Professional - Finance & Controlling
- SAP Certified Specialist - Project Manager - SAP Activate for Agile Implementation Management
- SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition
- SAP Certified Associate - SAP Billing and Revenue Innovation Mgmt. - Subscription Order Management
- SAP Certified Associate - Enterprise Architecture Consultant - SAP LeanIX
- The Open Group Certified: TOGAF® Enterprise Architecture Foundation & Practice
Timeline
SAP Business Transformation Manager
Wolters Kluwer Tax & Accounting
04.2018 - Current
SAP Manager & Technical Lead
Hillshire Brands Company
05.2013 - 04.2018
CO/PS Team Lead
TARGET Corp.
09.2011 - 05.2013
GL/CO Team Lead
TARGET Corp.
04.2010 - 08.2011
FI/CO Team Lead
GMAC Corporation
09.2009 - 03.2010
Lead CO-PC Consultant
ALLIANCE ONE
12.2007 - 08.2009
Lead CO Consultant
Canberra (Areva SA)
01.2007 - 11.2007
FI/CO Lead Consultant
TECHICOLOR
03.2006 - 12.2006
Lead FI/CO Consultant
Hubbell Electricals Corporation
02.2006 - 11.2006
Finance Integration Consultant
Warner Bros. (Home Video)
12.2005 - 03.2006
Lead CO Consultant
TATA CONSULTING SERVICES
04.2004 - 12.2005
CO-PA/CO-PC Consultant
Harmon International Inc.
08.2003 - 03.2004
Business Process Engineer
ISPAT Industries
02.1999 - 07.2000
Software Engineer
Hero Honda Cycles Pvt. Ltd.
08.1997 - 12.1999
Master of Science - Electrical Engineering & Computer Science
Wichita State University
Master of Engineering - Industrial Materials & Metallurgy
Panjab University
Bachelor of Engineering - Industrial Engineering & Management
Panjab University
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