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SAP Revenue Accounting Specialist
2 months ago
Essential Skills Required:
SAP Expertise
Revenue Accounting and Reporting (RAR)
Preferred Skills:
SAP Financial Accounting and Controlling (FICO)
SAP Sales and Distribution (SD)
Experience Requirement: 8-10 years
Comprehensive Job Overview:
- Proven experience with a minimum of two successful RAR implementations, with a focus on SD to RAR transition.
- Familiarity with the migration process for transferring open Order to Cash (OTC) and SD Revenue Recognition items to SAP RAR.
- Strong understanding of the New Revenue Recognition standards as per IFRS 16, ideally with a background in Finance or Taxation.
- In-depth knowledge of SAP RAR best practices and industry-leading methodologies to comply with IFRS 16 requirements.
- Proficient in SAP RAR Sender Component Integration, including OTC, Billing and Revenue Innovation Management (BRIM), and external data uploads.
- Solid grasp of key RAR design elements such as Fulfillment Types, Performance Obligations, Event Types, and Accounting Integration.
- Understanding of financial implications and postings generated throughout the RAR processes and reporting.
- Ability to collaborate effectively with client stakeholders across Finance, IT, and Business Teams to implement necessary RAR processes seamlessly.
- Experience in leading requirement gathering and design workshops with clients, actively participating in all project phases including exploration, design, construction, and transition for successful outcomes.
- Capability to work collaboratively with both Onsite and Off-Shore teams.
