SAP Revenue Recognition Senior Specialist 

Czechia, Prague, Prague 

413482245

What you'll do

Expectations and Tasks:

• Support the field in structuring commercial proposals and contractual documents, especially during quarter-end periods;
• Enforce compliance to SAP Group revenue recognition policies and internal accounting standards;
• Actively communicate and interact with the field and other finance department to ensure alignment on revenue recognition issues (e.g. : to ensure revenue forecast accuracy);
• Review and approve the “Deal Approval Forms” and consulting quotations summarizing the terms and conditions of commercial proposals and/or contracts in advance of release to customers;
• Align with regional revenue recognition team and SAP Corporate functions as appropriate;
• Is responsible to review the software, cloud and maintenance contracts to ensure the transactions are accurately accounted for, especially with respect to allocation of revenue in various categories (services, license, etc.) and timing of recognition;
• Prepare accounting memorandums on complex and large transactions as appropriate;
• Identify month-end revenue adjustments and ensure the proper accounting of revenue using the internal revenue accounting tools
• Act as a first point of contact on the revenue recognition matters with internal and external auditors;
• Deliver regular training sessions to spread basic revenue recognition knowledge into the field;

What you bring

• The role requires the candidate to be fluent in English
• Business School diploma or university degree in business administration with special topics in finance and accounting / auditing;
• Experience in software revenue recognition is required; knowledge of SAP systems and specificities is a strong plus
• Thorough understanding of IFRS15 accounting rules, specifically with the specifics of cloud and software;
• Knowledge of basic legal concepts
• Ability to interact and communicate with various stakeholders (sales, operations, finance community, auditors, etc.);
• Strong communication skills, ability to articulate point of view in a clear and assertive fashion;
• Ability to focus on the overall picture, solve problems and provide operational and decision support;

Meet your team

• The position reports to the Head of MEE EMEA Revenue Recognition Cluster 2 with a strong dotted line into the local Chief Finance Officer of the MU. The role is part of the larger Global Commercial Finance Organization.