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The Revenue Recognition Senior Specialist is responsible for leading and supporting Revenue Recognition functions in Germany. This position requires a dynamic individual with the ability to partner with the sales organization and the German Commercial Finance team members to ensure the Cloud, Software and Professional Services contracts are accounted for properly in accordance with IFRS. The Revenue Recognition Center of Excellence member reports to the Head of Revenue Recognition in Germany and is a member of the GCF Global Revenue Recognition Center of Excellence.
RESPONSIBILITIES:
Serve as the go-to expert for complex revenue recognition issues and critical non-routine transactions, offering alternative and simpler solutions and optimizing transaction setups in line with SAP’s Revenue Recognition Guideline and IFRS 15 policies.
Collaborate closely with Market Unit Commercial Finance, Sales, Pricing, Field & Services Controlling and Legal to support complex deals.
Take part in key global programs and projects related to revenue recognition or deal support.
Engage with Corporate Financial Reporting and other global stakeholders to drive solutions to challenging revenue recognition topics.
Ensure SOX control adherence and participate in review activities during the month end closing.
Perform controls and procedures related to the monthly close reviewing Cloud and Software contracts to ensure they are accounted for properly in Revenue Accounting and Reporting (RAR) tool. Follow best practices in the area of monthly close. Understand changes in business and regulatory environments to ensure compliance.
Saty informed on new revenue recognition policies and deliver training and guidance on new policies.
Professionally engage with external auditors during quarterly reviews and annual audits.
WHAT YOU BRING
Bachelor’s/Master’s degree in Finance and Accounting or similar
minimum 5+ years of relevant work experience, with Big 4 public accounting experience or CPA certification considered a plus
Willingness to develop a strong understanding of IFRS 15
Problem solver with confidently affirmative attitude, critical thinking, and excellent communication skills
Ability to manage multiple tasks, meet deadlines, and perform under time pressure
Team player who is proactive and self-driven
German language skills are required
Yearly bonuses, sick days paid and sick leaves fully refunded, flexible start/end of working hours, contributions to the pension/life insurance, meal vouchers, holidays 5 weeks, educational courses, coaching and mentoring opportunities, free massage, cafeteria plan, free fitness studio, generous shares program, etc.
Job Segment:Compliance, Cloud, ERP, Revenue Management, Corporate Finance, Legal, Technology, Finance
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