SAP RAR Consultant (16606)
The Baer Group

Job Info

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Baer is looking for an SAP RAR Consultant for a 6+ month remote project.

Title: SAP RAR Consultant
Location: Remote (Must be based in US)
Duration: 6 months
Rate: All-inclusive
Alignment: C2C

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.
• Support and manage intercompany processes related to revenue recognition and service costs within the SAP S/4HANA environment, ensuring proper intercompany transactions and reconciliation.
• Manage service order management processes, as well as cost accounting and margin analysis, to ensure accurate accounting for service-related revenue and costs.
• Lead the implementation of internal controls, financial reporting, and audits to ensure adherence to corporate, industry, and legal standards related to revenue accounting and reporting.
• 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.
• Deep understanding of intercompany accounting processes and service revenue/cost management in SAP S/4HANA.
• Prior experience in the life sciences industry is highly preferred.
• Expertise in configuring and supporting SAP Revenue Accounting and Reporting (RAR) within the SAP S/4HANA environment.
• Familiarity with SAP FICO (Financial Accounting & Controlling) modules, specifically related to revenue recognition and cost accounting.
• Knowledge of integration between SAP RAR and other SAP modules such as SD (Sales and Distribution) and MM (Materials Management) for end-to-end process management.
• Strong ability to translate complex accounting principles into practical, actionable solutions within SAP.
• Proficient in margin analysis, cost accounting, and financial reporting for service-based revenues and costs.
• Bachelor's degree in Accounting, Finance, Business, or a related field. CPA or other relevant certifications a plus.

Company Overview:

Baer is an Enterprise Performance Partner providing job opportunities with several 1st Tier Global Systems Integrators and a wide array of Fortune 1000 clients. Baer consultants and employees enjoy access to the highest profile job opportunities across leading Enterprise Technology Solutions ranging from Digital Transformation programs utilizing the latest technologies from SAP and Oracle to a wide range of emerging Cloud based infrastructure, application and AI related solutions.

At Baer we aim to provide a best-in-class engagement experience for our consultants. Our job requirements are carefully vetted and are typically associated with pivotal programs offering tremendous opportunities to expand your skills leveraging the latest solutions.

Baer is an equal opportunity employer including disability/veteran.

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