SAP RAR Consultant

Greetings from HCLTech

Title: SAP RAR Consultant

Experience: 7+ Yrs

Location: PAN India

Notice Period: 0-45 Days

Job Description:

Functional Expertise

• Lead end-to-end implementation and support for SAP S/4HANA RAR.
• Conduct requirement gathering workshops, identify gaps, and propose solutions.
• Configure RAR components including:
• Revenue contracts
• Performance obligations
• Revenue postings
• Event-based Revenue Recognition
• IFRS 15-based rules and processes

Integration

• Work closely with teams across SD, FI, BRIM, CRM, Billing, and Controlling to ensure seamless data flow to/from RAR.
• Support integration with:
• Sales Orders
• Service Orders
• Billing Documents
• Accounting Documents

Project & Delivery Tasks

• Prepare functional specs for RICEFW objects related to RAR.
• Guide developers on WRICEF requirements and validate technical outcomes.
• Lead unit testing, SIT, UAT, and cutover activities.
• Handle production issues, provide RCA, and implement stabilization measures.

Compliance & Process

• Ensure compliance with IFRS 15 / ASC 606 revenue recognition standards.
• Design processes for revenue contract creation, allocation, fulfilment, and revenue postings.
• Support period-end closing activities related to revenue accounting.