Job Summary
BA JDSkill SetCore Systems: SAP Revenue Accounting and Reporting (SAP RAR), General Ledger (GL)Accounting Standards: ASC 606 Revenue Recognition StandardsFinancial Analysis: Data analysis, reconciliation of consumption data, and transaction price adjustmentsRevenue Recognition Specifics: Performance obligations management, Standalone Selling Price (SSP) calculations, Relative Selling Price (RSP) calculations, and Carve calculationsGeneral Skills: Analytical thinking, attention to detail, and cross-functional collaborationJob DescriptionJob Title: Business Analyst / Revenue Recognition Analyst (SAP RAR & ASC 606)Role Summary:We are seeking a detail-oriented Analyst to oversee, analyze, and reconcile revenue adjustments between SAP RAR and the General Ledger (GL) in strict accordance with ASC 606 standards. The ideal candidate will have a deep understanding of revenue recognition principles, financial systems, and the ability to accurately determine revenue allocations through complex calculations.Key Responsibilities:Revenue Reconciliation: Compare and analyze revenue adjustments calculated through SAP RAR and the General Ledger (GL) to ensure complete alignment.ASC 606 Compliance: Validate and compare various steps within the revenue recognition process to ensure strict adherence to ASC 606 standards.Data Analysis: Analyze and reconcile consumption data against transaction price adjustments to maintain accurate financial records.Obligation Management: Identify, track, and manage performance obligations across various contracts and agreements.Pricing Calculations: Perform, review, and validate Standalone Selling Price (SSP) and Relative Selling Price (RSP) calculations.Carve Calculations: Execute and verify carve calculations to accurately determine revenue allocations and adjustments.Collaboration: Work closely with cross-functional finance, accounting, and IT teams to resolve any system variances or reporting discrepancies and ensure accurate financial reporting.
Key Responsibilities
BA JDSkill SetCore Systems: SAP Revenue Accounting and Reporting (SAP RAR), General Ledger (GL)Accounting Standards: ASC 606 Revenue Recognition StandardsFinancial Analysis: Data analysis, reconciliation of consumption data, and transaction price adjustmentsRevenue Recognition Specifics: Performance obligations management, Standalone Selling Price (SSP) calculations, Relative Selling Price (RSP) calculations, and Carve calculationsGeneral Skills: Analytical thinking, attention to detail, and cross-functional collaborationJob DescriptionJob Title: Business Analyst / Revenue Recognition Analyst (SAP RAR & ASC 606)Role Summary:We are seeking a detail-oriented Analyst to oversee, analyze, and reconcile revenue adjustments between SAP RAR and the General Ledger (GL) in strict accordance with ASC 606 standards. The ideal candidate will have a deep understanding of revenue recognition principles, financial systems, and the ability to accurately determine revenue allocations through complex calculations.Key Responsibilities:Revenue Reconciliation: Compare and analyze revenue adjustments calculated through SAP RAR and the General Ledger (GL) to ensure complete alignment.ASC 606 Compliance: Validate and compare various steps within the revenue recognition process to ensure strict adherence to ASC 606 standards.Data Analysis: Analyze and reconcile consumption data against transaction price adjustments to maintain accurate financial records.Obligation Management: Identify, track, and manage performance obligations across various contracts and agreements.Pricing Calculations: Perform, review, and validate Standalone Selling Price (SSP) and Relative Selling Price (RSP) calculations.Carve Calculations: Execute and verify carve calculations to accurately determine revenue allocations and adjustments.Collaboration: Work closely with cross-functional finance, accounting, and IT teams to resolve any system variances or reporting discrepancies and ensure accurate financial reporting.