What are the responsibilities and job description for the SAP RAR position at SANS?
Job Details
Job Summary:
We are looking for an experienced and skilled SAP RAR (Revenue Accounting and Reporting) Consultant to join our team. In this role, you will be responsible for the end-to-end implementation, configuration, and support of the SAP Revenue Accounting and Reporting (RAR) module. This includes optimizing revenue recognition processes, ensuring compliance with accounting standards (such as ASC 606/IFRS 15), and working closely with business and finance teams to implement best practices for revenue recognition and reporting.
Key Responsibilities:
- SAP RAR Implementation: Lead or assist in the full lifecycle of SAP RAR implementations, including requirements gathering, solution design, system configuration, testing, and deployment.
- Revenue Recognition: Configure SAP RAR for accurate revenue recognition based on business requirements and compliance with accounting standards (ASC 606, IFRS 15).
- Business Process Analysis: Collaborate with finance, accounting, and business teams to analyze revenue recognition processes, identify gaps, and recommend solutions using SAP RAR.
- System Configuration: Set up SAP RAR for various revenue models, including contracts, performance obligations, billing, and revenue recognition rules.
- Integration: Ensure proper integration between SAP RAR and other SAP modules (such as FI, SD, MM, and FSCM) and third-party applications for seamless data flow and reporting.
- Testing and Validation: Develop and execute test cases to validate RAR configuration, ensuring accuracy of revenue recognition and reporting processes. Coordinate user acceptance testing (UAT) and ensure that the system meets business and regulatory requirements.
- Reporting and Documentation: Create and maintain documentation for system configurations, functional specifications, and user guides. Support the generation of financial and management reports from SAP RAR to meet business needs.
- User Training and Support: Provide end-user training on SAP RAR processes, functionality, and best practices. Offer post-implementation support and troubleshooting for any issues related to revenue recognition.
- Compliance and Best Practices: Ensure that the SAP RAR solution adheres to regulatory standards such as IFRS 15 and ASC 606, and implement process improvements to enhance the efficiency of revenue accounting and reporting.
- Continuous Improvement: Stay updated on new SAP RAR features and industry trends to propose and implement improvements to the existing SAP RAR processes.
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