SAP RAR (Revenue Accounting and Reporting) Functional Consultant Location ... Remote. Let's create our future together at The AES Group! About The AES Group: The AES Group is a ...
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SAP RAR (Revenue Accounting and Reporting) Functional Consultant Location ... Remote. Let's create our future together at The AES Group! About The AES Group: The AES Group is a ...
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... RAR). • Ability to lead and assist SAP BRIM support team initiatives. • Expertise in technical capabilities and possess strong business acumen. Demonstrate ability to assimilate to new knowledge ...
... RAR). • Ability to lead and assist SAP BRIM support team initiatives. • Expertise in technical capabilities and possess strong business acumen. Demonstrate ability to assimilate to new knowledge ...
Sap Rar Remote information
What is a SAP RAR (Revenue Accounting and Reporting) remote job?
A SAP RAR remote job involves working with the SAP Revenue Accounting and Reporting (RAR) module, which helps organizations comply with revenue recognition standards such as IFRS 15 and ASC 606. Professionals in this role configure, implement, and support SAP RAR systems, often from a remote location, to automate and streamline revenue accounting processes. Responsibilities typically include system customization, troubleshooting, data analysis, and ensuring accurate revenue reporting. Remote SAP RAR specialists collaborate with finance and IT teams to deliver solutions that meet regulatory and business requirements.
What are the key skills and qualifications needed to thrive as a SAP RAR remote consultant?
To thrive as a SAP RAR Remote Consultant, you need expertise in SAP Revenue Accounting and Reporting, strong knowledge of IFRS 15/ASC 606 standards, and a background in finance or accounting, usually supported by a relevant degree. Familiarity with SAP S/4HANA, RAR configuration, and integration tools, along with SAP certification, are typically required. Excellent analytical skills, problem-solving abilities, and effective communication are crucial soft skills to excel in client interactions and remote collaboration. These competencies ensure accurate revenue recognition, regulatory compliance, and successful project delivery in distributed work environments.
What are some common challenges faced by SAP RAR professionals working remotely and how can they be addressed?
SAP Revenue Accounting and Reporting (RAR) professionals working remotely often face challenges such as coordinating complex project requirements with cross-functional teams, maintaining data security, and staying updated on system changes. Effective communication through regular virtual meetings and clear documentation is essential to ensure alignment with stakeholders across finance, IT, and compliance. Additionally, leveraging secure remote access tools and participating in ongoing SAP training can help address technical and security concerns, enabling remote SAP RAR professionals to remain productive and connected.
What is the difference between Sap Rar Remote vs Sap Functional Consultant?
| Aspect | Sap Rar Remote | Sap Functional Consultant |
|---|---|---|
| Certifications | SAP RAR certification, SAP certifications | SAP certifications, SAP Functional modules certifications |
| Work Environment | Remote, client sites, project-based | Client offices, remote options, project-based |
| Industry Usage | Supply chain, logistics, retail | Finance, manufacturing, supply chain |
| Job Focus | Order management, logistics, warehouse management | Business processes, system configuration, process analysis |
While both roles involve SAP systems, Sap Rar Remote primarily focuses on remote order and logistics management within supply chain operations, often requiring specific SAP RAR certifications. Sap Functional Consultants have a broader scope, working on various SAP modules to optimize business processes across industries. The roles may overlap in industry usage and certifications but differ in daily tasks and focus areas.
What are popular job titles related to Sap Rar Remote jobs in New York?
For Sap Rar Remote jobs in New York, the most frequently searched job titles are:
What job categories do people searching Sap Rar Remote jobs in New York look for?
The top searched job categories for Sap Rar Remote jobs in New York are:
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Job description
Role: SAP RAR (Revenue Accounting and Reporting) Functional Consultant
Location: Remote.
Let’s create our future together at The AES Group!
About The AES Group:
The AES Group is a premier technology and engineering consulting company that has been bringing businesses and talent together for over 20 years to deliver innovative solutions that have the greatest positive impact on society. AES has helped over 40 business enterprises, including Fortune 500 companies, engage their customers, empower their employees, and transform their business operations with the power of cloud, data, AI, engineering, and other emerging technologies.
Position Overview
We are seeking experienced SAP Revenue Accounting and Reporting (RAR) Functional Consultants to support revenue accounting, revenue recognition, configuration, integration, testing, migration, and production support activities. The consultant will work closely with Finance, Sales, Billing, Project Systems, and SAP technical teams to implement and optimize revenue recognition processes in SAP S/4HANA.
Key Responsibilities
- Lead functional requirements, design, configuration, testing, deployment, and support activities for SAP RAR / FI-RA.
- Configure and support Revenue Accounting Items (RAI), Revenue Contracts, Performance Obligations (POBs), fulfillment, revenue recognition, and revenue allocation.
- Configure revenue recognition scenarios in accordance with ASC 606 and/or IFRS 15.
- Design and configure transaction price allocation, standalone selling price (SSP), contract modifications, and revenue schedules.
- Configure and support RAR integration with SAP SD, FI/CO, PS, BRIM/FI-CA, and external systems.
- Work with business teams to understand customer contracts, billing processes, performance obligations, and revenue recognition requirements.
- Support revenue postings, deferred revenue, contract assets, contract liabilities, and month-end revenue accounting.
- Configure and troubleshoot BRF+ rules and RAR account determination.
- Support RAR data migration, reconciliation, testing, and validation.
- Prepare business process documents, functional specifications, configuration documents, test scripts, and training materials.
- Participate in SIT, UAT, integration testing, cutover, hypercare, and production support.
- Analyze RAR issues and coordinate resolution with SAP technical and cross-functional teams.
- Support SAP S/4HANA RAR implementations, upgrades, migrations, and global rollouts.
- Work with Finance, Sales, Contracts, Project Management, and Accounting stakeholders to ensure compliant revenue recognition.
- 6+ years of SAP experience with significant hands-on SAP RAR / Revenue Accounting and Reporting experience.
- Strong hands-on SAP RAR configuration experience.
- Experience with RAI, Revenue Contracts, Performance Obligations, Fulfillment, Revenue Recognition, and Revenue Allocation.
- Strong knowledge of ASC 606 and/or IFRS 15.
- Experience with SAP S/4HANA RAR.
- Strong integration experience with SAP SD and FI/CO.
- Experience with RAR configuration, testing, issue resolution, documentation, and production support.
- Strong understanding of revenue accounting processes and financial postings.
- Excellent communication and stakeholder-management skills.
- 3+ full-cycle SAP RAR implementations.
- RAR migration experience.
- BRF+ configuration experience.
- SAP BRIM / FI-CA experience.
- SAP PS integration experience.
- Experience with contract accounting and complex revenue models.
- Manufacturing / electrical / industrial / engineering industry experience.
- Experience with project-based, long-term, milestone-based, or multi-element contracts.
- SAP S/4HANA Finance experience.
- SAP RAR / S/4HANA Finance certification is a plus.