8 Mygo Consulting inc. Jobs

Title: SAP RAR Consultant (FI)

Location: Chennai, TN/Hyderabad, TS

Duration: Fulltime

Description:

• 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.
• Manage service order management processes, as well as cost accounting and margin analysis, to ensure accurate accounting for service-related revenue and costs.
• Lead/participate in the implementation of RAR. Conduct workshops, configure, prepare test scripts, execute test scripts, data conversion experience, best practices knowledge.
• 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.

Requirements:

• 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.
• Expertise in configuring and supporting SAP Revenue Accounting and Reporting (RAR) within ECC & S4 HANA environment.
• Participated in RAR conversion.