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SAP RAR Consultant

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Job Description

Job Description

Role: Experienced RAR Consultant

Work location: Chicago, Illinois

Work remotely: Yes

10+

Required skills:

- Skillset SAP RAR- Expert (proven project experience) configuration and implementation of SAP Revenue Accounting and Reporting (RAR) to comply with IFRS 15

- Knowledge of RAR and integration with OTC process and Revenue creation

- Knowledge of IFRS 15 & ASC 606 (published May 2014) and the transition to Revenue

- Recognition process by introducing a 5-step Revenue Recognition process: (1) Contract (2) Obligations (3) Price (4) Allocate Price to Obligations (5) Recognize Revenue

- SME knowledge of the following functionalities: Transaction processing, revenue allocation, posting run, configuration of revenue accounting item classes, setting up Business Rule Framework

Industry: Retail

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