Senior SAP RAR Consultant

EY; Chennai District; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

EY is seeking an SAP FICO RAR Senior Consultant to transform revenue accounting operations through SAP RAR implementations and optimization. You will manage revenue accounting processes, ensure IFRS compliance, and guide on revenue and cost matters while collaborating with cross-functional teams to enhance financial reporting accuracy.

Ideal candidates have strong ECC6.0 and SAP RAR knowledge, a finance/accounting degree, and a proven ability to communicate complex concepts clearly.

Qualifications

• Bachelor's degree in finance/accounting or related field.
• 5+ years in SAP FICO and RAR, preferably with global clients.
• Specialization in configuring SAP RAR (1.2/1.3 or S/4HANA) to comply with IFRS/ASC 606.
• Managed POBs, contract management, and SD/FI/CO integration.

Responsibilities

• Provide Level 2/3 Application Management for SAP across ITSM lifecycle.
• Lead and mentor FI team and drive continuous improvement.
• Coordinate resolution of complex issues and service outages; root cause analysis.
• Gather requirements with stakeholders and advise on SAP FICO solutions.
• Develop and maintain configuration docs, user guides, test scripts.
• Mentor junior SAP FICO team members and share best practices.
• Stay updated on SAP best practices to drive efficiency via automation.
• Participate in on-call rotation and shift hours as required.

Skills

SAP FICO

RAR

ITIL/ITSM

Leadership

Stakeholder management

Education

Bachelor's degree in related field

Tools

BRF+

BRIM

S/4HANA

Job description

Job Summary

As an SAP FICO RAR Senior Consultant, you will play a pivotal role in transforming financial operations through the implementation and optimization of SAP RAR solutions. Your primary responsibilities will include managing revenue accounting processes, ensuring compliance with IFRS standards and providing expert guidance on revenue and cost-related matters. You will collaborate with cross-functional teams to analyze business requirements and deliver tailored solutions that enhance financial reporting accuracy.

To succeed in this role, you should possess a strong understanding of ECC6.0 and SAP RAR, along with a solid grasp of revenue accounting principles. A minimum of a bachelors degree in finance, accounting, or a related field is required. Your analytical skills, attention to detail and ability to communicate complex concepts clearly will be essential in driving successful project outcomes.

This is a fantastic opportunity to be part of a leading firm whilst being instrumental in the growth as you get to work with high quality team to support clients ensuring the stability of global 500 companies through best-in-class solutions, automation and innovation.

Responsibilities

• Provide day to day Application Management support for SAP Applications across IT Service Management including service requests, incident management, enhancement requests, change management and problem management as Level 2 or 3 Application Management Specialist
• Lead and mentor the entire FI team fostering culture of collaboration, innovation and continuous improvement
• Lead and Coordinate the Resolution of Complex Technical issues and System Outages including root cause analysis and corrective action.
• Collaborate with internal and external stakeholders to gather requirements, assess business needs and provide advice on SAP FICO solutions and designs.
• Develop and maintain documentation including configuration, user guides and test scripts.
• Mentor and train junior SAP FICO Team Members, sharing best practices and providing guidance on issues and troubleshooting techniques.
• Keep abreast of industry trends, emerging technologies and SAP best practices to drive operational efficiency through automation and innovation
• Participate in on-call rotation and provide off hours support as needed to ensure the availability and reliability of critical SAP systems.
• Available to work on shift hours depending on the requirement of the client (Australia, Asia, Europe and Americas hours)

Qualifications

To qualify for the role, you must have:

• Bachelors degree in related technology field (Computer, Engineering, Science, etc.) or comparable job experiences.
• 5+ Years of experience required in one or more areas within SAP FICO and RAR preferably with Global client
• Specialization in configuring and implementing SAP RAR (1.2/1.3 or S/4HANA) to comply with IF/ASC 606 standards
• Managed performance obligations (POBs), contract management, and integration with SD/FI/CO modules
• Deep understanding of ITIL and ITSM processes and methodology and how it interacts with the application lifecycle management principles
• Proven track record of successfully driving solutions in a complex, multi-platform environment
• Extensive in client management working with various regions in a global setting
• Depth of experience in setting up, growing, transforming, and delivering application management teams
• Strong leadership and team building skills with the ability to inspire and motivate teams to achieve excellence
• Excellent communication and interpersonal skills with the ability to effectively engage and influence stakeholders at all levels in the organization
• Strong client management, analytical and problem-solving skills with ability to think strategically and make data driven decisions
• Responsible for providing support SAP FICO module incidents, ensuring minimal disruption to operations.
• Support incident solving by analyzing incidents raised by users and provides solutions.
• Working closely with customers and teams to ensure issues and requests are followed-up and addressed timely.
• Handle change requests with a clear understanding of new business requirements.
• Understand business needs and deliver solutions to make processes more efficient and simpler whenever possible.
• Cross-functional communication skills; experience in offshore/onsite model.
• Defect resolution and defect analysis related to FICO.
• Ability to work with minimal guidance or supervision in a time critical environment.
• Strong communication, collaboration, and leadership skills with the ability to work effectively in a global, cross functional team environment.
• Flexibility in managing work hours due to the volatile nature of Application Management work including ability to do shifts and being on call for critical business requirements

Preferred qualifications

• Integration knowledge RAR with SAP SD, FICO, and SAP BRIM, utilizing BRF+ (Business Rule Framework) for complex rules.
• Expertise is reporting options in RAR and worked on Functional Specification for custom RICEF objects
• Experience as SME with FICO module (G/L, Account receivable, Accounts Payable, Banking Accounting, Asset Accounting, COPA, Profit Center Accounting, Product Costing, Profitability Analysis, Project System, Results Analysis, Unsettled Costs, Month End & Year end close, Overhead assessment and settlement)
• Strong knowledge of FI integration points with other SAP modules like MM, SD, HR, PP and PM.
• SAP Certification in SAP FICO