SAP RAR Consultant Job at Excelon Solutions, Somerset County, NJ

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  • Excelon Solutions
  • Somerset County, NJ

Job Description

  • Lead and support the implementation of SAP RAR including solution design, configuration, testing, and deployment.
  • Ensure compliance with new revenue recognition standards (IFRS 15 & ASC 606).
  • Work closely with cross-functional teams to define and model revenue accounting processes using the SAP RAR five-step model.
  • Integrate RAR with SAP FI, SD, and BRIM modules, support data migration and cutover planning.
  • Develop detailed functional specifications and configuration documentation.
  • Utilize BRF+ framework for business rules and logic within RAR where applicable.
  • Provide expertise on order-to-cash, SD/FICO integration, IFRS 16, COPA, and overall revenue recognition processes.
  • Collaborate with business and technical stakeholders to ensure alignment with industry best practices and financial regulations.
  • Conduct workshops, lead design sessions, and deliver presentations to management and stakeholders.
  • Required Qualifications:

    • Minimum 5+ years of hands-on experience in SAP RAR , with strong knowledge of design and configuration.
    • Experience with two or more full lifecycle SAP RAR implementations
    • Strong understanding of order-to-cash processes , revenue recognition, and integration points with SAP FI/CO, and SD .
    • Solid knowledge of IFRS 15, ASC 606 , and IFRS 16 standards.
    • Demonstrated ability to lead projects and coordinate across business and technical teams.
    • Prior experience in the medical devices industry , with a strong grasp of accounting principles.
    • Excellent verbal and written communication skills , including the ability to create business/functional documents and deliver executive-level presentations.

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