SAP FICO Consultant (RAR)

Job Description

Title: SAP RAR Consultant (FI) Location: Chennai, TN Duration: Fulltime Description: Implement and optimize SAP RAR solutions in accordance with ASC 606 and IFRS 15 for accurate revenue recognition, ensuring compliance with the latest accounting standards. Collaborate with business stakeholders to design and configure SAP RAR solutions, translating complex accounting standards and business requirements into SAP functionality. Manage service order management processes, as well as cost accounting and margin analysis, to ensure accurate accounting for service-related revenue and costs. Lead/participate in the implementation of RAR. Conduct workshops, configure, prepare test scripts, execute test scripts, data conversion experience, best practices knowledge. Work closely with cross-functional teams (finance, IT, business stakeholders) to implement solutions, resolve issues, and improve business processes related to revenue accounting and reporting. Identify and recommend opportunities for process improvements and system optimizations to enhance the efficiency and effectiveness of revenue recognition and accounting operations. Requirements: 10 years of experience working with SAP, including at least 5 years in SAP Revenue Accounting and Reporting (RAR). Strong experience with ASC 606 and IFRS 15, and their application within SAP systems. Expertise in configuring and supporting SAP Revenue Accounting and Reporting (RAR) within ECC & S4 HANA environment. Participated in RAR conversion.