Senior Finance Specialist - Revenue Recognition

Job Description

We help the world run better
At SAP, we keep it simple: you bring your best to us, and we'll bring out the best in you. We're builders touching over 20 industries and 80% of global commerce, and we need your unique talents to help shape what's next. The work is challenging – but it matters. You'll find a place where you can be yourself, prioritize your wellbeing, and truly belong. What's in it for you? Constant learning, skill growth, great benefits, and a team that wants you to grow and succeed.

EXPECTATIONS AND TASKS

The Revenue Recognition Specialist is responsible providing Revenue Recognition Deal Support in North America. This position requires a dynamic individual with the ability to partner with the sales organization and ensure the on premise, professional services and cloud license agreements are accounted for properly in accordance with IFRS. The Revenue Recognition Senior Specialist reports to the respective RevRec Manager in the West Market Unit and is a member of the Global Commercial Finance Team in North America.

RESPONSIBILITIES:

• Perform controls and procedures to review on premise and cloud license agreements to ensure they are accounted for properly. Understand changes in business and regulatory environments to ensure compliance.
• Promote the idea of One Deal Support and ensure business partnering with the leader of the West Market Unit Sales team. Find opportunities to simplify deal support by reducing the amount of complexity for the salesforce.
• Professionally interact with auditors during their quarterly reviews and the annual audit procedures.
• Work with Sales, Pricing, Field and Services Controlling, Legal and Contracts to ensure license agreements are structured in accordance with SAP's Revenue Recognition and IFRS15 policies.
• Perform controls and procedures related to the monthly close of software revenue accounts and ensure the market unit controllers are aware of all posted adjustments. Follow best practices in the area of monthly close.
• Perform controls and procedures related to testing SSP for all non on-premise software revenue streams including cloud services, consulting, HEC, training and maintenance. Follow best practices in the area of SSP compliance.
• Keep current on the latest Revenue Recognition training content & programs.
• Develop a strong relationship within the West Market Unit .

QUALIFICATIONS:

• Bachelor’s degree in accounting preferred
• 3+ years of relevant work experience
• Willingness to develop thorough knowledge of IFRS15 / U.S. GAAP on revenue recognition and SAP’s policies and practices
• Public accounting experience preferred
• Inquisitiveness and critical thinking skills
• Problem solver with confidently affirmative attitude
• Excellent communication skills
• Ability to work under time pressure and deadlines, and juggle multiple tasks and projects
• Team player and self-starter

Bring out your best
SAP innovations help more than four hundred thousand customers worldwide work together more efficiently and use business insight more effectively. Originally known for leadership in enterprise resource planning (ERP) software, SAP has evolved to become a market leader in end-to-end business application software and related services for database, analytics, intelligent technologies, and experience management. As a cloud company with two hundred million users and more than one hundred thousand employees worldwide, we are purpose-driven and future-focused, with a highly collaborative team ethic and commitment to personal development. Whether connecting global industries, people, or platforms, we help ensure every challenge gets the solution it deserves. At SAP, you can bring out your best.

We win with inclusion
SAP’s culture of inclusion, focus on health and well-being, and flexible working models help ensure that everyone – regardless of background – feels included and can run at their best. At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better world.

SAP is committed to the values of Equal Employment Opportunity and provides accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with SAP and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an e-mail with your request to Recruiting Operations Team: Careers@sap.com.

For SAP employees: Only permanent roles are eligible for the SAP Employee Referral Program, according to the eligibility rules set in the SAP Referral Policy. Specific conditions may apply for roles in Vocational Training.

Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability, in compliance with applicable federal, state, and local legal requirements.

Successful candidates might be required to undergo a background verification with an external vendor.

AI Usage in the Recruitment Process

For information on the responsible use of AI in our recruitment process, please refer to our Guidelines for Ethical Usage of AI in the Recruiting Process.

Please note that any violation of these guidelines may result in disqualification from the hiring process.

Requisition ID: 451565 | Work Area: Finance | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: #LI-Hybrid