SAP RAR Consultant

3 weeks ago


chicago, United States Hallmark Global Solutions Ltd Full time

Title: SAP RAR Consultant

Location: Chicago, IL - Hybrid

Duration: 3+ months

Required Skills:

• Skillset SAP RAR (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


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