SAP RAR (Revenue Accounting & Reporting) Consultant

Job Description This is a remote position. SAP RAR Consultant (FI/CO Background – CPO & Period Billing) We are looking for an experienced SAP Revenue Accounting and Reporting (RAR) Consultant with a strong SAP FI/CO background to manage and execute SAP RAR implementation and support projects. The role focuses on end-to-end configuration, integration, testing, and support of SAP RAR processes, particularly for Customer Purchase Orders (CPO) and Period Billing scenarios. The candidate will work closely with business users, functional teams, and technical stakeholders to ensure compliant revenue recognition aligned with business and accounting requirements. Key Responsibilities: Independently analyze, configure, and implement SAP Revenue Accounting and Reporting (RAR) solutions based on business and statutory accounting requirements. Configure and support SAP RAR for revenue recognition processes involving Customer Purchase Orders (CPO) and Period Billing scenarios. Collaborate with SAP FI/CO, SD, BRIM, and other cross-functional teams to design and implement end-to-end revenue recognition processes. Perform requirement analysis, solution design, configuration, testing (unit, integration, UAT), and production support for SAP RAR implementations. Define and maintain Revenue Accounting Items (RAIs), Performance Obligations (POBs), Revenue Contracts, and Revenue Posting processes. Ensure seamless integration between SAP RAR and SAP FI/CO, SD, Billing, and Contract Accounts Receivable (where applicable). Analyze complex revenue recognition scenarios and recommend solutions compliant with IFRS 15 and ASC 606 accounting standards. Troubleshoot and resolve production issues related to revenue accounting, contract modifications, billing adjustments, and revenue postings. Support period-end and year-end revenue recognition activities, reconciliation, and financial close processes. Prepare functional specifications and collaborate with ABAP developers for custom enhancements, reports, interfaces, forms, and workflows. Develop and maintain configuration documents, functional specifications, test scripts, user guides, and support documentation. Work closely with business stakeholders to understand changing business requirements and deliver scalable SAP RAR solutions. Participate in data migration, cutover planning, deployment activities, and post-go-live  support. Ensure adherence to SAP best practices, internal governance, compliance policies, and quality standards.