Role: SAP RAR Functional Consultant
Remote (US)
Job Type: W2 Contract
Must have skills:
• SAP HANA Platform
• SAP Revenue Accounting & Reporting (RAR)
Role Summary:
• We are looking for a Senior SAP RAR Functional Consultant with a strong foundation in SAP Sales & Distribution (SD) and Order-to-Cash (OTC) processes.
• This is an IC3-level individual contributor role focused on implementing, configuring, and supporting SAP Revenue Accounting and Reporting (RAR) in alignment with ASC 606 / IFRS 15 revenue standards - approached from an SD/OTC lens rather than a Finance/FICO perspective.
• The ideal candidate bridges the gap between Sales Order Management and compliant revenue recognition, bringing hands-on RAR configuration experience backed by deep SAP SD expertise.
• This role will support end-to-end OTC processes and ensure revenue recognition accuracy driven by sales order events, billing milestones, and contract modifications.
Skills: Must Have (Non-Negotiable):
SAP RAR - Core Expertise
• 8+ years of SAP Functional / Business Analyst experience with at least 3+ years of hands-on SAP RAR configuration.
• Proven ability to configure SAP RAR for OTC-driven revenue events: POB identification, SSP/TPA allocation, contract modifications, and deferred revenue handling.
• Deep understanding of ASC 606 / IFRS 15 principles as applied through SAP RAR - from an OTC process perspective, not a Finance accounting perspective.
• Experience with SAP RAR source document integration from SAP SD billing documents (VF01/VF04 flows into RAR).
• Hands-on experience with BRFplus for RAR rule configuration.
SAP SD / Order-to-Cash Background
• Expert-level knowledge of SAP SD: Sales Order Management, Pricing, Delivery, and Billing (ECC 6.0 and/or S/4HANA).
• Strong understanding of OTC process flows - from quote/order creation through billing and cash application.
• Experience with billing plans, milestone billing, contract management, and subscription-related order types.
• Ability to trace revenue impact starting from sales order configuration (order types, item categories, schedule line categories).
• Familiarity with revenue-relevant SD configurations: account assignment groups, material revenue account determination, and customer-material info records.
Delivery & Communication
• Excellent communication skills with ability to convey complex RAR/OTC flows clearly to business stakeholders, finance teams, and engineering teams.
• Ability to independently own functional decisions and drive resolution without escalation.
What you will do in this role:
• Own SAP RAR functional design and configuration for OTC-triggered revenue recognition scenarios including new sales, renewals, amendments, and cancellations.
• Map SAP SD sales order events (order creation, delivery, billing) to RAR performance obligation fulfillment and revenue posting triggers.
• Configure and maintain RAR components: Performance Obligations (POBs), Transaction Price Allocation (TPA), Revenue Schedules, and Contract Modification handling.
• Collaborate with SAP SD and Billing teams to ensure revenue recognition rules align with order types, item categories, and billing plan configurations.
• Support integration between SAP S/4HANA SD/OTC and the RAR engine; liaise with technical teams on BRFplus rules, source document mapping, and delta processing.
• Lead unit testing, integration testing (SD-to-RAR flows), UAT, and production validation for RAR-related scenarios.
• Perform defect analysis, root cause identification, and solutioning across the RAR landscape.
• Translate complex revenue recognition requirements into functional RAR configurations in business-friendly language for non-finance stakeholders
• Provide advisory support during order management process changes that may impact revenue recognition outcomes.
• Work within Agile delivery sprints, contributing to story grooming, sprint planning, and demo activities.
• Experience working with integrated revenue ecosystems including CPQ, Contract Lifecycle Management (CLM), or Subscription platforms is a plus.
What this role is not:
• This is an SD/OTC-oriented RAR role. Candidates whose primary RAR experience is driven from a FICO/Finance accounting background (e.g., GL reconciliation, financial closing, FI-CO integration) without strong SD process depth are not the right fit.
• The expectation is that revenue recognition is understood and configured from the order management side of the house.
Remote
About the Company:
Saransh Inc