Sr. SAP S/4 - SAP FICO with Revenue Accounting(RAR) SME functional Consultant - hybrid 4 days

Simple Solutions•Jacksonville, FL

1d•$85 - $100•Hybrid

About The Position

We are seeking a highly experienced Senior SAP S/4HANA FICO Functional Consultant with deep expertise in SAP Revenue Accounting and Reporting (RAR) to support complex financial transformation initiatives. The consultant will serve as an SAP RAR Subject Matter Expert, designing, configuring, implementing, and optimizing revenue recognition processes within SAP S/4HANA. The role requires hands-on SAP FICO and SAP RAR expertise, knowledge of ASC 606 and IFRS 15, and experience integrating RAR with SAP SD, FI, CO, and other upstream systems. The consultant will independently lead functional design discussions, translate business requirements into SAP solutions, and resolve complex revenue accounting challenges. The position supports SAP S/4HANA implementation, migration, transformation, enhancement, and production support activities. Work includes functional workshops, requirements gathering, configuration, functional specifications and documentation, testing, data migration and reconciliation, cutover, go-live, stabilization, and financial close support. The consultant will collaborate with Finance, Accounting, Revenue Operations, IT, business stakeholders, and technical teams, and provide guidance to junior consultants. Work arrangement: Hybrid, with four days onsite per week. Location is listed as TBD. The posting describes the position type as contract/full-time, with the final classification TBD.

Requirements

10+ years of SAP FICO functional consulting experience.
5+ years of hands-on SAP RAR experience is preferred; the posting also lists SAP RAR as a mandatory technical skill.
Strong experience implementing and configuring SAP RAR in SAP S/4HANA environments.
At least two full-lifecycle SAP implementations, including significant RAR involvement.
Strong functional knowledge of ASC 606 and IFRS 15 revenue recognition requirements.
Experience with Revenue Accounting Contracts (RAC), Revenue Accounting Items (RAI), Performance Obligations (POB), Standalone Selling Price (SSP), revenue allocation and recognition, contract modifications and reassessments, and revenue posting and reconciliation.
Strong SAP FI/CO configuration and integration expertise.
Experience integrating SAP RAR with SAP SD and other revenue-generating systems.
Ability to troubleshoot complex RAR configuration, processing, and financial posting issues.
Strong functional specification writing and testing experience.
Excellent analytical, problem-solving, and stakeholder communication skills.
Ability to work independently as a senior functional SME.

Nice To Haves

Experience with SAP S/4HANA Finance transformation projects.
Experience migrating from legacy revenue recognition solutions to SAP RAR.
Knowledge of SAP BRIM (Billing and Revenue Innovation Management).
Experience with subscription billing, recurring revenue, and complex contract structures.
Familiarity with SAP Fiori applications and S/4HANA financial reporting.
Experience with RAR data migration and historical revenue reconciliation.
Knowledge of SAP Central Finance and financial integration architecture.
Experience supporting global SAP implementations involving multiple legal entities and currencies.
SAP S/4HANA Finance certification is a plus.

Responsibilities

Serve as the functional SME for SAP S/4HANA Revenue Accounting and Reporting (RAR).
Lead end-to-end SAP RAR implementations, enhancements, and production support.
Configure and maintain Revenue Accounting Contracts (RAC), Revenue Accounting Items (RAI), Performance Obligations (POB), revenue recognition methods and rules, SSP determination, transaction price allocation, contract modifications and reassessments, revenue posting, and reconciliation.
Design and configure revenue recognition solutions compliant with ASC 606 and IFRS 15.
Support revenue scenarios involving subscriptions, services, products, bundled offerings, and multi-element contracts.
Troubleshoot issues related to contract creation, revenue allocation, posting, and period-end processing.
Provide functional expertise across SAP FI and CO, including GL, AR, AP, Asset Accounting, cost center accounting, profit center accounting, financial closing, and reconciliation.
Support integration between SAP RAR and the S/4HANA Universal Journal (ACDOCA), ensuring accurate postings, reporting, and reconciliation between RAR and FI.
Design and support SAP RAR integration with SAP SD, FI, CO, SAP BRIM where applicable, and external billing and revenue source systems.
Understand and configure the flow of Revenue Accounting Items from source systems into SAP RAR.
Work with SAP SD, ABAP, integration, and technical teams to resolve integration issues.
Develop functional specifications for enhancements, interfaces, reports, and custom developments.
Support data migration, mapping, validation, and reconciliation activities.
Participate in SAP S/4HANA implementation, migration, and transformation projects.
Lead functional workshops and requirements-gathering sessions.
Prepare business process documentation, functional design specifications, and configuration documents.
Develop test scenarios and execute unit, system integration (SIT), and user acceptance testing (UAT).
Support cutover planning, go-live activities, and post-production stabilization.
Identify and resolve revenue recognition discrepancies and integration defects.
Support month-end, quarter-end, and year-end financial closing activities.
Collaborate with Finance, Accounting, Revenue Operations, IT, and business stakeholders to translate accounting requirements into scalable SAP solutions.
Recommend SAP RAR best practices and process improvements; lead functional discussions with business users, technical teams, and project leadership.
Mentor junior SAP consultants and provide functional guidance.