Baer Insurance Services, Inc. · 5 hours ago
SAP RAR Consultant
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Responsibilities
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.
Qualification
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Required
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.
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.
Preferred
Prior experience in the life sciences industry is highly preferred.
CPA or other relevant certifications a plus.
Company
Baer Insurance Services, Inc.
Since 1928, Baer Insurance Services has been providing quality protection for thousands of people throughout our region.
Funding
Current Stage
Early StageCompany data provided by crunchbase