IFRS Accounting - Revenue Recognition (Senior) Finance Specialist Job

IFRS Accounting - Revenue Recognition (Senior) Finance Specialist Job Apply now Start apply with LinkedIn Start apply with Facebook Start apply with Xing Apply Now Start Please wait... Date Jan 16, 2018 Location Walldorf/St. Leon-Rot, BW, DE Company SAP Requisition ID 173132 Work Area Finance Location Walldorf/St. Leon-Rot Expected Travel 0 - 10 PERCENT 25 Career Status Professional Employment Type Regular Full Time COMPANY DESCRIPTION SAPs vision is to help the world run better and improve peoples lives. As the cloud company powered by SAP HANA, SAP is a market leader in enterprise application software, helping companies of all sizes and industries run better. SAP empowers people and organizations to work together more efficiently and use business insight more effectively. SAP applications and services enable our customers to operate profitably, adapt continuously, and grow sustainably. At SAP, we believe in the power of collaboration and empower our employees to perform at their best in an environment that encourages free and open expression of ideas. Youll work alongside creative thinkers who share your interests, while turning big ideas into reality for our customers. With innovative job training, mentors to help you grow, and the flexibility to balance your work and personal life, youll be able to get more out of your career. Its no wonder that some of the sharpest minds from around the world are working for a company that is consistently recognized as a global top employer. Now its your turn to take the next step and help make the world Run Simple. 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 SAPs IFRS accounting and for SAPs 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. Interacting with software and cloud sales teams and work on deal structuring. 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 UDD Structures; Phase Deal Structures; Flexibility/Remix Clauses; Future Discounts and Migration Credit Structures and a solid understanding of SSP testing procedures Very good English language skills; German is a plus WORK EXPERIENCE 2-5 years of prior experience in accounting or auditing. Prior experience in either the financial reporting group of a company or a local revenue recognition team is preferred 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, sensory 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 contact us at Careers.Germany@sap.com . Requests for reasonable accommodation will be considered on a case-by-case basis. Job Segment Accounting, Financial, Revenue, ERP, Corporate Finance, Finance, Technology Apply now Start apply with LinkedIn Start apply with Facebook Start apply with Xing Apply Now Start Please wait...