SAP IFRS Accounting - Senior Revenue Recognition Finance Specialist Job in Walldorf/St. Leon-Rot, Germany
Requisition ID: 193236
Work Area: Finance
Location: Walldorf/St. Leon-Rot
Expected Travel: 0 - 10%
Career Status: Professional
Employment Type: Regular Full Time
SAP started in 1972 as a team of five colleagues with a desire to do something new. Together, they changed enterprise software and reinvented how business was done. Today, as a market leader in enterprise application software, we remain true to our roots. That’s why we engineer solutions to fuel innovation, foster equality and spread opportunity for our employees and customers across borders and cultures.
SAP values the entrepreneurial spirit, fostering creativity and building lasting relationships with our employees. We know that a diverse and inclusive workforce keeps us competitive and provides opportunities for all. We believe that together we can transform industries, grow economics, lift up societies and sustain our environment. Because it’s the best-run businesses that make the world run better and improve people’s lives.
PURPOSE AND OBJECTIVES
This position is located within the Corporate Financial Reporting department of SAP. This department is directly assigned to the CFO of SAP and is responsible for the completeness and correctness of SAP’s IFRS accounting and for SAP’s external financial reporting under German and U.S. law.
Corporate Financial Reporting is structured in the following sub teams: ‘Local Accounting & Reporting’, ‘Corporate Revenue Recognition’, ‘Corporate General Accounting’ and ‘Corporate External Reporting’.
The position is assigned to the Corporate Revenue Recognition team.
EXPECTATIONS AND TASKS
The job includes:
Deal support: Providing transactional revenue recognition related guidance to regional and local revenue recognition specialists and line of business colleagues.
Overview of the methodology of preparing analyses of SAP product and service pricing to demonstrate compliance with SSP (Stand-alone Selling Price) in accordance with IFRS.
Researching, documenting, training, and providing guidance on revenue recognition and other accounting issues related to new software, cloud subscription and services business/pricing models. Working in cross functional teams to structure new business models and contemplated transactions in the light of the expected revenue accounting. Communicate and ensure enforcement of revenue accounting requirements in new business models and contemplated transactions.
Completing and maintaining SAP's new revenue recognition guideline (IFRS 15), adding revenue accounting for new business models; reviewing new technical accounting and reporting requirements, identifying their impact on the SAP group, and assisting to implement such rules.
Ability and experience with working in a matrix organization. Engage in proactive and positive interaction with external auditors and internal groups (e.g. Sales, Legal, Development, Pricing, and Finance).
EDUCATION AND QUALIFICATIONS / SKILLS AND COMPETENCIES
Thorough understanding of IFRS, in particular of the new revenue recognition standard IFRS 15 Revenue from Contracts with Customers
Strong organization and communication skills; assertive; ability to balance multiple projects in a fast paced and rapidly changing environment
Ability to concisely communicate and work in a team that supports multiple subsidiaries and geographic regions across the globe
Strong interest in keeping up to date technically on aspects of accounting
University degree preferably accounting and/or auditing
Experience in software revenue recognition is preferred e.g. experience in SAP’s on premise software business models; Remix Clauses; Future Discounts and Migration Credit Structures and a solid understanding of SSP testing procedures
Very good English and German language skills
6-8 years of prior experience in accounting or auditing.
Prior experience in either the financial reporting group of a company or a revenue recognition team is preferred.
WHAT YOU GET FROM US
Success is what you make it. At SAP, we help you make it your own.
A career at SAP can open many doors for you. If you’re searching for a company that’s dedicated to your ideas and individual growth, recognizes you for your unique contributions, fills you with a strong sense of purpose, and provides a fun, flexible and inclusive work environment – apply now .
SAP'S DIVERSITY COMMITMENT
To harness the power of innovation, SAP invests in the development of its diverse employees. We aspire to leverage the qualities and appreciate the unique competencies that each person brings to the company.
SAP is committed to the principles of Equal Employment Opportunity and to providing reasonable accommodations to applicants with physical and/or mental disabilities. If you 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 (Americas: Careers.NorthAmerica@sap.com or Careers.LatinAmerica@sap.com , APJ: Careers.APJ@sap.com , EMEA: Careers@sap.com ).
Successful candidates might be required to undergo a background verification with an external vendor.