SAP Revenue Recognition Senior Specialist 

Czechia, Prague, Prague 

420483451

What you'll do

Expectations and Tasks:

• Support the sales and finance teams in structuring commercial proposals and contractual documents, especially during quarter-end periods.
• Enforce compliance with SAP Group revenue recognition policies and internal accounting standards.
• Actively communicate and collaborate with field teams and other finance departments to align on revenue recognition issues, ensuring revenue forecast accuracy.
• Review and approve "Deal Approval Requests" that summarize the terms and conditions of commercial proposals and contracts before they are submitted to customers.
• Coordinate with theRegional revenue recognition team and SAP Corporate functions as necessary to ensure alignment and compliance.
• Review cloud, software and maintenance contracts to ensure accurate accounting of transactions, focusing on allocation of revenue across various categories and timing of recognition.
• Prepare accounting memorandums for complex and significant transactions as required.
• Identify month-end revenue adjustments and ensure proper revenue accounting using internal revenue accounting tools.
• Stay up-to-date with revenue recognition policies and regulations as laid out by SAP Corporate.
• Spread appropriate basic knowledge of revenue recognition matters to the business and other Deal Support functions.

What you bring

• The role requires the candidate to be fluent in English
• Bachelor’s degree in Finance, Accounting, Business, or a related field; advanced degree preferred.
• Proven experience in revenue recognition or a finance-related role, preferably in a corporate environment.
• Experience with one of the big audit firms is an advantage
• Experience in software revenue recognition and knowledge of SAP systems and processes is a strong plus
• Strong understanding of IFRS15 accounting rules, specifically regarding 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
• Strong analytical skills and attention to detail.

Meet your team

• The Senior Revenue Recognition Specialist will report directly to the Regional Revenue Recognition Manager and will have a strong dotted line into the local Chief Finance Officer of the Market Unit. The role is part of the larger Global Commercial Finance Organization.

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.

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