SAP Senior Revenue Recognition Specialist - Reporting Integrity Deal Support 

United Kingdom, England, London 

759835147

EXPECTATIONS AND TASKS
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.
• Enforce compliance to SAP Group Revenue Recognition policies and internal accounting standards in SAP’s Revenue Accounting and Reporting tool (RAR).
• Perform controls and procedures related to the monthly close reviewing contracts to ensure they are accounted for properly in RAR, especially with respect to allocation of revenue in various revenue lines (services, license, etc.) and timing of recognition. Follow best practices in the area of monthly close. Understand changes in business and regulatory environments to ensure compliance.
• Ensure accurate booking of transactions in RAR and associated reporting of key KPIs (CCB/TCB).
• Collaborate closely with Market Unit Commercial Finance, Sales, Pricing, Field & Services Controlling and Legal to support complex deals.
• 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.
• Professionally engage with external auditors during quarterly reviews and annual audits.

QUALIFICATIONS:

• Bachelor’s/Master’s degree in Finance and Accounting or similar
• Willingness to develop a strong understanding of IFRS 15
• Prior experience in Record to Report (R2R) or similar is a plus
• Working experience with Big 4 public accounting experience or CPA certification considered a plus
• 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 and English skills are required

Successful candidates might be required to undergo a background verification with an external vendor.

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