SAP FICO RAR - Senior Functional Consultant - 10169

Job Title: SAP FICO RAR - Senior Functional Consultant - 10169

Shift Timing: 12:30PM to 9:30PM (IST)

Experience: 8-10 Years

Locations: Pune, Bangalore, Chennai, Noida, Hyderabad.

Job Description – Senior SAP FICO RAR Consultant

Roles

• Lead the SAP Revenue Accounting and Reporting (RAR) function within the FICO domain
• Act as Subject Matter Expert (SME) for revenue recognition processes aligned with IFRS 15 / ASC 606
• Drive design, implementation, and optimization of RAR processes in S/4HANA landscape
• Work closely with Finance (RTR), OTC, and business stakeholders to translate requirements into SAP solutions
• Provide leadership and guidance to junior consultants and support teams
• Ensure stability and performance of RAR processes in AMS and project environments
• Act as the key interface between business users, SAP functional teams, and technical teams

Responsibilities

Functional & Solutioning

• Analyze and design end-to-end revenue accounting processes
• Configure and manage:
• Revenue Accounting Contracts (RAC)
• Performance Obligations (POBs)
• Revenue Accounting Items (RAIs)
• Ensure accurate revenue recognition (event-based, time-based, PoC methods)
• Handle integration with SAP SD, BRIM, and external feeder systems

Implementation & Upgrade

• Lead RAR implementation / rollout / migration activities (e.g., S/4HANA upgrades)
• Support transition from Classic to Optimized RAR (OCM)
• Perform system configuration, testing, and deployment
• Validate functional impacts during upgrades and ensure compliance

AMS / Production Support

• Manage incidents, service requests, and problem tickets related to RAR
• Perform root cause analysis for issues like:
• Revenue posting discrepancies
• Contract inconsistencies
• RAI processing failures
• Coordinate with SAP for OSS incident resolution
• Support month-end and year-end financial close activities

Testing & Documentation

• Prepare and review:
• Functional Specifications (FS)
• Test scenarios and scripts (SIT/UAT)
• SOPs and process documentation
• Ensure proper regression testing during releases and upgrades

Stakeholder Management

• Conduct workshops and requirement gathering sessions
• Provide regular updates to stakeholders and leadership
• Support audit readiness and compliance requirements
• Deliver KT sessions and support transition activities

Continuous Improvement

• Identify automation and process improvement opportunities
• Optimize performance of RAR processes and reporting
• Recommend best practices aligned with SAP standard capabilities

Experience & Skills (Optional to include in your JD)

• 8+ years of SAP experience with strong expertise in SAP FICO and RAR
• Hands-on experience in S/4HANA RAR (preferred)
• Strong understanding of IFRS 15 / ASC 606
• Experience in AMS + project implementation environments
• Good knowledge of integration with SD / BRIM
• Strong analytical, communication, and stakeholder management skills