Role overview

Qualifications

Strong SAP FI/CO background
Experience in SAP Revenue Accounting and Reporting (RAR)
Knowledge of IFRS 15 and ASC 606 accounting standards
Ability to work with cross-functional teams

Responsibilities

Analyze, configure, and implement SAP RAR solutions based on business requirements
Configure and support SAP RAR for revenue recognition processes
Collaborate with cross-functional teams to design revenue recognition processes
Troubleshoot and resolve production issues related to revenue accounting

Key facts

Remote from: Finland, Colorado (USA)
Freelance
SAP Consultant
English

Hard skills

SAP ERP System Configuration Revenue Recognition Dev Testing Internal Documentation

Other skills

Collaboration
Troubleshooting (Problem Solving)
Problem Solving
Analytical Thinking

About the company

Elfonze Technologies

IT Services & IT Consulting

Elfonze Technologies is an IT service and consulting firm established in 2021. It started with delivery centers in Bengaluru and Denver, and by the end of its first year, it had a strong focus on Oracle Enterprise Consulting. The following year, the company expanded to Bhubaneswar and introduced an Electronics System Design and Manufacturing (ESDM) vertical. In 2023, Elfonze diversified its product portfolio with innovative solutions and strategic partnerships. It opened a Pune office and launched Connected Supply Chain Services. Key achievements include expansion to four locations, diversification into five verticals, serving over 50 global clients, a 400% growth rate, a strong team of over 200, and high client satisfaction. The founders' century of combined experience in IT and enterprise consulting has been fundamental to Elfonze's success. The company operates in multiple verticals including IT services, consulting, product development, and more, showcasing its adaptability and commitment to excellence.

Company details

Company typeScaleup

IndustryIT Services & IT Consulting

Company size201 - 500

Links

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Job description

This is a remote position.

SAP RAR Consultant (FI/CO Background – CPO & Period Billing)

We are looking for an experienced SAP Revenue Accounting and Reporting (RAR) Consultant with a strong SAP FI/CO background to manage and execute SAP RAR implementation and support projects. The role focuses on end-to-end configuration, integration, testing, and support of SAP RAR processes, particularly for Customer Purchase Orders (CPO) and Period Billing scenarios. The candidate will work closely with business users, functional teams, and technical stakeholders to ensure compliant revenue recognition aligned with business and accounting requirements.

 

Key Responsibilities:

Independently analyze, configure, and implement SAP Revenue Accounting and Reporting (RAR) solutions based on business and statutory accounting requirements.

Configure and support SAP RAR for revenue recognition processes involving Customer Purchase Orders (CPO) and Period Billing scenarios.

Collaborate with SAP FI/CO, SD, BRIM, and other cross-functional teams to design and implement end-to-end revenue recognition processes.

Perform requirement analysis, solution design, configuration, testing (unit, integration, UAT), and production support for SAP RAR implementations.

Define and maintain Revenue Accounting Items (RAIs), Performance Obligations (POBs), Revenue Contracts, and Revenue Posting processes.

Ensure seamless integration between SAP RAR and SAP FI/CO, SD, Billing, and Contract Accounts Receivable (where applicable).

Analyze complex revenue recognition scenarios and recommend solutions compliant with IFRS 15 and ASC 606 accounting standards.

Troubleshoot and resolve production issues related to revenue accounting, contract modifications, billing adjustments, and revenue postings.

Support period-end and year-end revenue recognition activities, reconciliation, and financial close processes.

Prepare functional specifications and collaborate with ABAP developers for custom enhancements, reports, interfaces, forms, and workflows.

Develop and maintain configuration documents, functional specifications, test scripts, user guides, and support documentation.

Work closely with business stakeholders to understand changing business requirements and deliver scalable SAP RAR solutions.

Participate in data migration, cutover planning, deployment activities, and post-go-live  support.

Ensure adherence to SAP best practices, internal governance, compliance policies, and quality standards.