What are the responsibilities and job description for the SAP RAR Technical position at Vings Technologies?
Job Details
Hi Professionals,
I hope you are doing great.
Our client has an immediate position as a SAP RAR for a contract position.
Below are the details of the requirements.
Role: SAP RAR
Location: Mountain View, CA - Day 1 onsite (Locals are highly preferred)
Contract: 6-9 months.
Experience: 12-15 years.
Job Description:
Job Overview:
We are seeking an experienced SAP RAR Consultant to join our team. The ideal candidate will have a deep understanding of SAP s Revenue Accounting and Reporting (RAR) module and be able to support the implementation, configuration, and maintenance of the SAP RAR solution in a dynamic business environment. This role involves working closely with business stakeholders, SAP technical teams, and other functional experts to ensure the efficient and effective implementation of RAR to meet regulatory requirements and business goals.
Key Responsibilities:
Lead the implementation and configuration of SAP RAR (Revenue Accounting and Reporting) for clients across various industries.
Analyze client requirements and design SAP RAR solutions that align with their business needs and revenue recognition standards (ASC 606/IFRS 15).
Configure and maintain the SAP RAR module, ensuring proper integration with other SAP modules (FI, CO, SD, MM, etc.).
Perform detailed gap analysis and provide solutions for the effective setup of SAP RAR, including handling multi-element arrangements, performance obligations, and revenue recognition schedules.
Provide expert-level guidance on SAP RAR functionality, workflows, and best practices.
Assist in the testing and validation of RAR configuration to ensure that the revenue recognition processes are working accurately.
Collaborate with cross-functional teams, including finance, accounting, and IT, to ensure a seamless deployment of SAP RAR.
Provide training and support to end users on the RAR module.
Troubleshoot issues and provide ongoing support for the SAP RAR system.
Stay updated on changes to revenue recognition standards and SAP RAR features, ensuring compliance with legal and financial reporting standards.
Preferred Skills:
1. SAP Certified in Revenue Accounting and Reporting (or related certification).
2. Knowledge of global revenue recognition compliance and reporting requirements. 3. Experience with project management methodologies and tool
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