Position Title: Senior Consultant / Architect – SAP S/4HANA Core Finance & Revenue Recognition
Location: New Jersey, On-site (Need Local Candidates)
Key Responsibilities
1. Core Finance (S/4HANA FI/CO) Architecture & Configuration
* Lead functional workshops to gather requirements, analyze gap-fit, and design end-to-end Record-to-Report (R2R) solutions.
* Leverage the S/4HANA Universal Journal (ACDOCA) for real-time reporting, multi-GAAP compliance, and parallel ledger setups.
2. Revenue Accounting & Recognition (RAR) Execution
* Lead the functional architecture and configuration of SAP Revenue Accounting and Reporting (RAR) to ensure compliance with ASC 606 / IFRS 15.
* Configure integration between SAP RAR and upstream source systems (SAP SD, Sales Order Management, Billing/BRIM, or third-party CRM/CPQ platforms).
3. Cross-Module Integration & Data Migration
* Partner with Order-to-Cash (O2C) and Procure-to-Pay (P2P) functional streams to align upstream transactional data with downstream finance and revenue recognition impact.
* Oversee data conversion, historical contract migration, legacy data extraction, and reconciliation strategies for financial master and transactional data.
* Write Functional Specifications (FS) for custom enhancements, technical interfaces (APIs/OData/IDocs), workflows, and custom reports (RICEFW).
4. Testing, Governance & Support
* Provide hypercare, L3 post-implementation support, and continuously optimize core financial processes.
Required Qualifications & Experience
* Experience: 8+ years of SAP ERP implementation experience, with at least 3–5 years focused on SAP S/4HANA Core Finance and Revenue Accounting (RAR).
* Technical/Functional Expertise:
* Strong knowledge of SAP SD / Sales Order & Billing interfaces.
* Methodologies: Experience with SAP Activate Methodology, Agile execution, and enterprise data migration tools (LTMC, MWB, or Migration Cockpit).
* Education: Bachelor’s or Master’s degree in Accounting, Finance, Information Systems, or a related field.
SAP RAR configuration (RAI processing, POB rules, Revenue Schedules, Postings).
S/4HANA Finance (General Ledger, ACDOCA, Ledger/Parallel Accounting, AR/AP, Asset Accounting).
Accounting Standards: In-depth knowledge of ASC 606 and IFRS 15 accounting principles (e.g., revenue recognition timing, variable consideration, contract asset/liability handling).
Conduct end-user training, deliver user manuals, and support change management across corporate finance and revenue accounting teams.
Develop test strategies and lead execution for Unit Testing, Integration Testing (SIT), and User Acceptance Testing (UAT).
Design and execute revenue posting, reconciliation, and month-end close procedures within SAP RAR.
Configure key RAR components: Revenue Accounting Items (RAIs), Revenue Contracts, Performance Obligations (POBs), Transaction Price Allocations, and Contract Modifications.
Design, configure, and optimize Management Accounting/Controlling (CO) processes: Cost Center Accounting (CCA), Profit Center Accounting (PCA), Internal Orders, and Profitability Analysis (CO-PA / Margin Analysis).
Hands-on configuration of S/4HANA Core Finance components, including General Ledger (G/L), Accounts Receivable (AR), Accounts Payable (AP), Asset Accounting (AA), and Bank/Cash Management.
