SAP RAR Implementation Specialist
4 weeks ago
Job Title: SAP RAR Consultant
Company: Rigel Networks Pvt. Ltd.
SAP RAR Implementation ExpertiseAs a seasoned SAP RAR implementation professional, you will lead the design, implementation, and configuration of SAP RAR and FICO modules to support complex revenue recognition requirements. Your expertise will ensure compliance with revenue recognition standards (IFRS 15, ASC 606) and facilitate the development and maintenance of revenue recognition processes, including contract creation, revenue recognition schedules, and journal entries.
Key Responsibilities:
- Lead the implementation of SAP RAR and FICO modules to support revenue recognition requirements.
- Ensure compliance with revenue recognition standards (IFRS 15, ASC 606).
- Develop and maintain revenue recognition processes, including contract creation, revenue recognition schedules, and journal entries.
- Collaborate with cross-functional teams (sales, finance, legal) to gather requirements and implement solutions.
- Perform data migration and integration activities between SAP RAR and other systems.
- Provide ongoing support and maintenance for SAP RAR and FICO modules.
- Troubleshoot and resolve issues related to revenue recognition and accounting.
- Stay updated on the latest developments in revenue recognition standards and SAP RAR functionality.
Qualifications:
- 8+ years of experience in SAP RAR and FICO modules.
- Proven experience in end-to-end implementation of SAP RAR and FICO projects.
- Strong understanding of revenue recognition principles and accounting standards (IFRS 15, ASC 606).
- In-depth knowledge of SAP RAR configuration, including contract creation, revenue recognition schedules, and journal entries.
- Experience with SAP FICO configuration, including general ledger, accounts receivable, and revenue accounting.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
Preferred Skills:
- Experience with SAP S/4HANA Finance.
- Knowledge of other SAP modules (SD, CO, etc.).
- Project management skills.
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