Role: SAP RAR (Revenue Accounting and Reporting) Functional Consultant
Location: Remote.
Let’s create our future together at The AES Group!
About The AES Group:
The AES Group is a premier technology and engineering consulting company that has been bringing businesses and talent together for over 20 years to deliver innovative solutions that have the greatest positive impact on society. AES has helped over 40 business enterprises, including Fortune 500 companies, engage their customers, empower their employees, and transform their business operations with the power of cloud, data, AI, engineering, and other emerging technologies.
Position Overview
We are seeking experienced SAP Revenue Accounting and Reporting (RAR) Functional Consultants to support revenue accounting, revenue recognition, configuration, integration, testing, migration, and production support activities. The consultant will work closely with Finance, Sales, Billing, Project Systems, and SAP technical teams to implement and optimize revenue recognition processes in SAP S/4HANA.
Key Responsibilities
- Lead functional requirements, design, configuration, testing, deployment, and support activities for SAP RAR / FI-RA.
- Configure and support Revenue Accounting Items (RAI), Revenue Contracts, Performance Obligations (POBs), fulfillment, revenue recognition, and revenue allocation.
- Configure revenue recognition scenarios in accordance with ASC 606 and/or IFRS 15.
- Design and configure transaction price allocation, standalone selling price (SSP), contract modifications, and revenue schedules.
- Configure and support RAR integration with SAP SD, FI/CO, PS, BRIM/FI-CA, and external systems.
- Work with business teams to understand customer contracts, billing processes, performance obligations, and revenue recognition requirements.
- Support revenue postings, deferred revenue, contract assets, contract liabilities, and month-end revenue accounting.
- Configure and troubleshoot BRF+ rules and RAR account determination.
- Support RAR data migration, reconciliation, testing, and validation.
- Prepare business process documents, functional specifications, configuration documents, test scripts, and training materials.
- Participate in SIT, UAT, integration testing, cutover, hypercare, and production support.
- Analyze RAR issues and coordinate resolution with SAP technical and cross-functional teams.
- Support SAP S/4HANA RAR implementations, upgrades, migrations, and global rollouts.
- Work with Finance, Sales, Contracts, Project Management, and Accounting stakeholders to ensure compliant revenue recognition.
Required Qualifications
- 6+ years of SAP experience with significant hands-on SAP RAR / Revenue Accounting and Reporting experience.
- Strong hands-on SAP RAR configuration experience.
- Experience with RAI, Revenue Contracts, Performance Obligations, Fulfillment, Revenue Recognition, and Revenue Allocation.
- Strong knowledge of ASC 606 and/or IFRS 15.
- Experience with SAP S/4HANA RAR.
- Strong integration experience with SAP SD and FI/CO.
- Experience with RAR configuration, testing, issue resolution, documentation, and production support.
- Strong understanding of revenue accounting processes and financial postings.
- Excellent communication and stakeholder-management skills.
Preferred Qualifications
- 3+ full-cycle SAP RAR implementations.
- RAR migration experience.
- BRF+ configuration experience.
- SAP BRIM / FI-CA experience.
- SAP PS integration experience.
- Experience with contract accounting and complex revenue models.
- Manufacturing / electrical / industrial / engineering industry experience.
- Experience with project-based, long-term, milestone-based, or multi-element contracts.
- SAP S/4HANA Finance experience.
- SAP RAR / S/4HANA Finance certification is a plus.
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