Job Title: SAP Revenue Accounting and Reporting (RAR)

Location: Farmington, CT(Onsite)

Position Type: Contract

Job Description:

We are seeking an experienced SAP Revenue Accounting and Reporting (RAR) professional with deep exposure to the Aerospace & Defense (A&D) industry. The ideal candidate will bring strong functional knowledge of SAP RAR (FI-RA), revenue recognition under ASC 606 / IFRS 15, and a solid understanding of A&D-specific contract structures such as long-term programs, cost-plus and fixed-price contracts, percentage-of-completion (POC) accounting, and government contracting nuances (FAR/DFARS). This role will support implementation, optimization, and ongoing operations of SAP RAR within complex, program-based revenue environments.

Key Responsibilities:

Lead or support end-to-end SAP RAR implementations, upgrades, and enhancements, including configuration of Performance Obligation Types (POTs), fulfillment items, and revenue recognition keys.
Translate complex A&D contract terms (long-duration programs, milestone billing, cost-reimbursable and firm-fixed-price contracts) into SAP RAR configuration and contract management strategies.
Manage integration between SAP RAR and upstream/downstream modules including SD, PS (Project Systems), CO/PCA, FI, and revenue-relevant interfaces from CRM or custom billing systems.
Support revenue recognition processes aligned with ASC 606 and IFRS 15, including identification of performance obligations, transaction price allocation, and recognition timing for A&D programs.
Work with Program Management, Contracts, and FP&A teams to ensure accurate mapping of contract modifications, change orders, and program re-baselining into RAR.
Develop functional specifications, test scripts, and documentation for RAR enhancements, including support for percentage-of-completion and cost-to-cost revenue recognition methods common in A&D long-term contracts.

Required Qualifications:

5+ years of SAP experience, with at least 2-3 years focused specifically on SAP RAR (Revenue Accounting and Reporting) or SAP RAI (Revenue Accounting and Insights).
Demonstrated experience working within the Aerospace & Defense industry, with familiarity with long-term contract accounting, program-based revenue models, and government contracting requirements (FAR/DFARS, CAS).
Strong knowledge of ASC 606 / IFRS 15 revenue recognition principles, particularly as applied to multi-year, multi-element A&D contracts.
Hands-on configuration experience with SAP RAR components: Performance Obligations, Fulfillment, Revenue Recognition Keys, Pricing/Allocation, and Contract Management.
Experience integrating SAP RAR with SD, PS, CO, and FI modules.
Understanding percentage-of-completion (POC), cost-to-cost, and milestone-based revenue recognition methods.
Strong analytical and problem-solving skills, with the ability to work across Finance, Program Management, and Contracts teams.
Excellent communication skills, including the ability to translate technical RAR concepts for non-technical stakeholders.

Preferred Qualifications:

Experience with SAP S/4HANA RAR (RAI) and migration projects from legacy revenue recognition tools.
Prior experience supporting government/defense contractors with cost-plus, T&M, or IDIQ contract types.
Familiarity with EVMS (Earned Value Management Systems) and how they intersect with revenue recognition reporting.
Experience with SAP Project Systems (PS) in a program-based manufacturing environment.
SAP certification in RAR, S/4HANA Finance, or related modules.

SAP Revenue Accounting and Reporting (RAR)

Key skills

About this role