Revenue Accounting and Reporting consultant

JOB DESCRIPTION:

Required Experience:

• Revenue Accounting and Reporting (RAR) consultant with 5+ years’ experience integration with SD
• Experience, able to speak on business requirements, and leading practices for IFRS15, IFRS16, ASC 606, ASC842, etc.
• Experience solutioning integration with Fixed Assets / Lease Accounting and Revenue Recognition (RAR)
• Experience with:
  • SD-based Revenue Recognition
  • RAR Classic Contract Management (CCM)
  • RAR implementing Optimized Contract Management (OCM)
• Experience creating Process Design Documents (PDDs) based on leading practices and business requirements, outlining the process flow, WRICEF (development) requirements, and process / system controls
• Successful conversions to S/4HANA Revenue Recognition OCM, including writing design document (WRICEF Functional Spec) from ECC (with and without SD-Rev Rec) and working with developers on the same
• Experience solutioning Revenue Accounting solutions for standalone and bundled sales offers, including:
  • Products (one time sales, recurring sales, usage based models)
  • Services / Intellectual Property (warranty, repair, access, training, royalties)
  • Software (On Prem, SaaS, Credit-based, Post or Pre-paid)
• Experience implementing Revenue Accounting solutions in Medical Devices, High Tech, or Utilities industries with asset-based sales models with or without consumable / usage scenarios

Highly Desired Experience:

• Experience and able to provide leading practice for:
  • Revenue Recognition integrated from Billing and Revenue Innovation Management (BRIM)
  • Revenue Recognition integrated to Contract Accounting (FI-CA)
  • Revenue, Cost, and Margin (G/L and Margin Analysis) reporting with bundles