Revenue Recognition Senior Specialist - SAP Ireland

Revenue Recognition Senior Specialist - SAP Ireland

At SAP, we enable you to bring out your best. Our company culture is focused on collaboration and a shared passion to help the world run better. We focus every day on building the foundation for tomorrow and creating a workplace that embraces differences, values flexibility, and is aligned to our purpose-driven and future-focused work. We offer a highly collaborative, caring team environment with a strong focus on learning and development, recognition for your individual contributions, and a variety of benefit options for you to choose from. What you'll do We are seeking a detail-oriented and proactive Revenue Recognition Specialist to join our team. This role is crucial for ensuring compliance with SAP Group revenue recognition policies and internal accounting standards while supporting the field in structuring commercial proposals and contractual documents. The ideal candidate will have strong communication skills and the ability to collaborate effectively across departments, acting as a key business partner, providing revenue recognition guidance and advice to the Field and Business teams. Expectations and Tasks:

• Support the sales and finance teams in structuring commercial proposals and contractual documents, especially during quarter-end periods.
• Enforce compliance with SAP Group revenue recognition policies and internal accounting standards.
• Actively communicate and collaborate with field teams and other finance departments to align on revenue recognition issues, ensuring revenue forecast accuracy.
• Review and approve "Deal Approval Requests" that summarize the terms and conditions of commercial proposals and contracts before they are submitted to customers.
• Coordinate with the Regional revenue recognition team and SAP Corporate functions as necessary to ensure alignment and compliance.
• Review cloud, software, and maintenance contracts to ensure accurate accounting of transactions, focusing on allocation of revenue across various categories and timing of recognition.
• Prepare accounting memorandums for complex and significant transactions as required.
• Identify month-end revenue adjustments and ensure proper revenue accounting using internal revenue accounting tools.
• Stay up-to-date with revenue recognition policies and regulations as laid out by SAP Corporate.
• Spread appropriate basic knowledge of revenue recognition matters to the business and other Deal Support functions.

What you bring

• The role requires the candidate to be fluent in English.
• Bachelor’s degree in Finance, Accounting, Business, or a related field; advanced degree preferred.
• Proven experience in revenue recognition or a finance-related role, preferably in a corporate environment.
• Experience with one of the big audit firms (e.g., Deloitte, PwC, EY, KPMG) is an advantage.
• Experience in software revenue recognition and knowledge of SAP systems and specificities is a strong plus.
• Strong understanding of IFRS15 accounting rules, specifically with the specifics of cloud and software.
• Knowledge of basic legal concepts.
• Ability to interact and communicate with various stakeholders (sales, operations, finance community, auditors, etc.).
• Strong communication skills, ability to articulate point of view in a clear and assertive fashion.
• Strong analytical skills and attention to detail.

Meet your team The Senior Revenue Recognition Specialist will report directly to the Regional Revenue Recognition Manager and will have a strong dotted line into the local Chief Finance Officer of the MU. The role is part of the larger Global Commercial Finance Organization. Benefits & Location: We commit to flexible working schedules around business requirements and individual needs. SAP’s employees across different regions are enabled to do their best job with the right mix of office and remote work according to country-specific guidelines and regulations. In general, our hybrid work setup consists of three days a week in the office or on-site with customers or partners. This position can be based in either the Galway or Dublin locations. 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. 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. SAP is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. EOE AA M/F/Vet/Disability: Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, age, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability. Requisition ID: 409360 | Work Area: Finance | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: #LI-Hybrid. #J-18808-Ljbffr