Finance Specialist
We help the world run better
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. How? 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.
Key Responsibilities & Tasks
The Revenue Recognition Specialist acts as business partner, supporting the Field / Business (Cloud Sales, Software/Maintenance sales and Services Sales)
- Responsible to secure compliance to revenue recognition standards (SAP internal revenue recognition policies and International Accounting standards) and address accounting issues.
- Proactive engagement in structuring and engineering of commercial proposals and contractual documents, in advance of deal closing, through close collaboration with the other Deal Support community members.
- Review deal approvals and ensure alignment with different stakeholders and approvers on revenue recognition issues.
- Responsible for keeping up to date with SAP internal revenue recognition policies and for enablement on revenue recognition matters into the business and other Deal Support functions.
- Participate in the monthly/ quarterly close process in working with Shared Delivery Hubs, Revenue COE Teams, Bookings Teams, Controllers and Local Chief Accountants to ensure accurate revenue recognition in Revenue Accounting Tool.
- Preparation of accounting memorandums on complex and large transactions.
- Support Corporate Audit, SOX, Compliance Teams in internal audit and compliance queries.
- Develop a strong, collaborative relationship with the stakeholders both within and outside Finance in Market Units, Region and Global.
Experience & Educational Requirements
- Good knowledge in Accounting & Revenue Recognition and at least 2 of the following functional topics:
- Financial Analysis
- Pricing
- Contracting
- Quote Support
- Legal
- Deal structuring
- Fluent written and spoken language skills English
- Education and Professional Experience
- University Degree in Accountancy / Business or Economics
- Chartered Accountant preferred
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. As a cloud company with two hundred million users and more than one hundred thousand employees worldwide, we are purpose-driven and future-focused, with a highly collaborative team ethic and commitment to personal development. Whether connecting global industries, people, or platforms, we help ensure every challenge gets the solution it deserves. At SAP, you can bring out your best.
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. At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better and more equitable world.
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. 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 send an e-mail with your request to Recruiting Operations Team: Careers@sap.com
For SAP employees: Only permanent roles are eligible for the SAP Employee Referral Program, according to the eligibility rules set in the SAP Referral Policy. Specific conditions may apply for roles in Vocational Training.
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.
Successful candidates might be required to undergo a background verification with an external vendor.
Requisition ID: 406515 | Work Area: Finance | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: #LI-Hybrid.
Pasig City, PH, 1605
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ERP, Cloud, Compliance, Outside Sales, Internal Audit, Technology, Legal, Sales, Finance