LTIMindtree is seeking an experienced SAP Functional Business Analyst with a strong background in SAP RAR and OTC processes. The role involves configuring SAP RAR, managing revenue recognition processes, and effectively communicating complex flows to various stakeholders.
Responsibilities:
- Proven ability to configure SAP RAR for OTC driven revenue events POB identification SSPTPA allocation contract modifications and deferred revenue handling
- Deep understanding of ASC 606 IFRS 15 principles as applied through SAP RAR from an OTC process perspective not a Finance accounting perspective
- Experience with SAP RAR source document integration from SAP SD billing documents VF01VF04 flows into RAR
- Hands-on experience with BRF plus for RAR rule configuration
- Expert level knowledge of SAP SD Sales Order Management Pricing Delivery and Billing ECC 60 and or S4HANA
- Strong understanding of OTC process flows from quote order creation through billing and cash application
- Experience with billing plans milestone billing contract management and subscription related order types
- Ability to trace revenue impact starting from sales order configuration order types item categories schedule line categories
- Familiarity with revenue relevant SD configurations account assignment groups material revenue account determination and customer material info records
- Excellent communication skills with ability to convey complex RAROTC flows clearly to business stakeholders finance teams and engineering teams
- Ability to independently own functional decisions and drive resolution without escalation
- Highly self-driven with strong attention to detail able to multitask in a fast-paced self-managed environment
- Hands-on experience leading full cycle SAP implementations and supporting production environments
- Experience in SaaS or subscription based business models
- Exposure to SAP BRIM Subscription Order Management Convergent Invoicing FICA and how it interacts with RAR
- Familiarity with SAP Project System PS for project based revenue recognition scenarios
- Experience with global rollouts or multi entity implementations
- Integration experience with adjacent systems SAP EMS iCertis contract management or CPQ Configure Price Quote tools
- Knowledge of Agile Safe delivery methodology
Requirements:
- 10 - 15 Years of experience as a SAP Functional Business Analyst
- 8 years of SAP Functional Business Analyst experience with at least 3 years of hands-on SAP RAR configuration
- Proven ability to configure SAP RAR for OTC driven revenue events POB identification SSPTPA allocation contract modifications and deferred revenue handling
- Deep understanding of ASC 606 IFRS 15 principles as applied through SAP RAR from an OTC process perspective not a Finance accounting perspective
- Experience with SAP RAR source document integration from SAP SD billing documents VF01VF04 flows into RAR
- Hands-on experience with BRF plus for RAR rule configuration
- Expert level knowledge of SAP SD Sales Order Management Pricing Delivery and Billing ECC 60 and or S4HANA
- Strong understanding of OTC process flows from quote order creation through billing and cash application
- Experience with billing plans milestone billing contract management and subscription related order types
- Ability to trace revenue impact starting from sales order configuration order types item categories schedule line categories
- Familiarity with revenue relevant SD configurations account assignment groups material revenue account determination and customer material info records
- Excellent communication skills with ability to convey complex RAROTC flows clearly to business stakeholders finance teams and engineering teams
- Ability to independently own functional decisions and drive resolution without escalation
- Highly self-driven with strong attention to detail able to multitask in a fast-paced self-managed environment
- Hands-on experience leading full cycle SAP implementations and supporting production environments
- Mandatory Skills: Central Finance, FICO (GL-AR-AP-AA-BA-CEA-CCA-PCA-IO-TR), Public Cloud FINANCE
- Experience in SaaS or subscription based business models
- Exposure to SAP BRIM Subscription Order Management Convergent Invoicing FICA and how it interacts with RAR
- Familiarity with SAP Project System PS for project based revenue recognition scenarios
- Experience with global rollouts or multi entity implementations
- Integration experience with adjacent systems SAP EMS iCertis contract management or CPQ Configure Price Quote tools
- Knowledge of Agile Safe delivery methodology
- Bachelors or Masters degree in Computer Science IT Engineering or work related field experience
- SAP SD or SAP RAR certification is a plus
- Knowledge of Agile methodology is an added advantage