Overview
Skills
Job Details
We are seeking an experienced Revenue Accounting and Reporting (RAR) Consultant with a strong background in SD integration and a deep understanding of revenue recognition standards and practices. The ideal candidate will have at least 5+ years of experience in designing, implementing, and optimizing RAR solutions aligned with IFRS 15, IFRS 16, ASC 606, and ASC 842 requirements.
Key Responsibilities:
Lead discussions with business stakeholders to define requirements and align solutions with industry-leading practices for revenue recognition.
Design and implement integrations between Revenue Accounting (RAR), Fixed Assets, and Lease Accounting systems.
Deliver end-to-end RAR solutions including:
SD-based Revenue Recognition
RAR Classic Contract Management (CCM)
RAR Optimized Contract Management (OCM)
Develop Process Design Documents (PDDs) that capture business processes, system flows, WRICEF (development) requirements, and control mechanisms.
Manage successful conversions to S/4HANA Revenue Recognition (OCM), including drafting functional design documents (WRICEF specs) and collaborating closely with developers during implementation.
Design Revenue Accounting solutions for standalone and bundled offerings, including:
Products: One-time sales, recurring subscriptions, usage-based models
Services / Intellectual Property: Warranty, repair, access, training, royalties
Software: On-premise, SaaS, credit-based, post-paid and pre-paid models
Implement Revenue Accounting solutions across industries such as Medical Devices, High Tech, and Utilities, particularly for asset-based sales models with or without consumable/usage-based scenarios.
Highly Desired Experience:
Expertise in leading practices for:
Revenue Recognition integrated with Billing and Revenue Innovation Management (BRIM)
Revenue Recognition integrated with Contract Accounting (FI-CA)
Revenue, Cost, and Margin reporting (G/L and Margin Analysis) for bundled offerings