Loading...
Share this Job

IFRS Senior Accounting Specialist

Apply now »

Date: Feb 16, 2021

City: Prague, PR, CZ

Company: SAP

 

 

Requisition ID: 274802
Work Area: Finance
Expected Travel: 0 - 10%
Career Status: Professional
Employment Type: Regular Full Time

 

COMPANY DESCRIPTION


SAP started in 1972 as a team of five colleagues with a desire to do something new. Together, they changed enterprise software and reinvented how business was done. Today, as a market leader in enterprise application software, we remain true to our roots. That’s why we engineer solutions to fuel innovation, foster equality and spread opportunity for our employees and customers across borders and cultures.

SAP values the entrepreneurial spirit, fostering creativity and building lasting relationships with our employees. We know that a diverse and inclusive workforce keeps us competitive and provides opportunities for all. We believe that together we can transform industries, grow economics, lift up societies and sustain our environment. Because it’s the best-run businesses that make the world run better and improve people’s lives.

 

PURPOSE AND OBJECTIVES

This position is located within the Corporate Financial Reporting department of SAP. This department is directly assigned to the CFO of SAP and is responsible for the completeness and correctness of SAP’s IFRS accounting and for SAP’s external financial reporting under German and U.S. law.

Corporate Financial Reporting is structured in the following sub teams: ‘Local Accounting & Reporting’, ‘Corporate Revenue Recognition’, ‘Corporate General Accounting’ and ‘Corporate External Reporting’.

The position is assigned to the Corporate Revenue Recognition team.

 

EXPECTATIONS AND TASKS

The job includes

  • Deal support: Providing transactional revenue recognition related guidance to regional and local revenue recognition specialists and line of business colleagues. Interacting with software and cloud sales teams and work on deal structuring.
  • Overview of the methodology of preparing analyses of SAP product and service pricing to demonstrate compliance with SSP (Stand-alone Selling Price) in accordance with IFRS.
  • Researching, documenting, training, and providing guidance on revenue recognition and other accounting issues related to new software, cloud subscription and services business/pricing models. Working in cross functional teams to structure new business models and contemplated transactions in the light of the expected revenue accounting. Communicate and ensure enforcement of revenue accounting requirements in new business models and contemplated transactions.
  • Completing and maintaining SAP's new revenue recognition guideline (IFRS 15), adding revenue accounting for new business models; reviewing new technical accounting and reporting requirements, identifying their impact on the SAP group, and assisting to implement such rules.
  • Ability and experience with working in a matrix organization. Engage in proactive and positive interaction with external auditors and internal groups (e.g. Sales, Legal, Development, Pricing, and Finance).

EDUCATION AND QUALIFICATIONS / SKILLS AND COMPETENCIES

  • Thorough understanding of IFRS, in particular of the new revenue recognition standard IFRS 15 Revenue from Contracts with Customers
  • Strong organization and communication skills; assertive; ability to balance multiple projects in a fast paced and rapidly changing environment
  • Ability to concisely communicate and work in a team that supports multiple subsidiaries and geographic regions across the globe
  • Strong interest in keeping up to date technically on aspects of accounting
  • University degree preferably accounting and/or auditing
  • CPA, “Wirtschaftsprüfer” or similar qualification or successful PHD studies in the area of accounting/auditing would be a plus
  • Strong experience in software revenue recognition is preferred e.g. experience in UDD Structures; Phase Deal Structures; Flexibility/Remix Clauses; Future Discounts and Migration Credit Structures and a solid understanding of SSP testing procedures
  • Very good English language skills; German is a plus

WORK EXPERIENCE

At least 5 years of working experience in the area of financial accounting of a publicly listed company reporting under IFRS or an auditing company are required, alternatively, successful PHD studies in the area of accounting/auditing.
Prior experience in either the financial reporting group of a company or a local/regional revenue recognition team is preferred.

 

What you can expect is professional onboarding, exciting career progression, a diverse work environment providing growth opportunities, learning & development possibilities, and an international business network for you to leverage. Interesting non-work related activities (volunteering, charity, sport events,..) 

This role is based at the ultra-modern Metronom office building directly above the Nove Butovice metro station. The location encompasses SAP's vision for the perfect work-life balance by featuring uniquely decorated relaxation rooms, parents' and kids' room.

 

BENEFITS
Yearly bonuses, sick days paid and sick leaves fully refunded, flexible start/end of working hours, contributions to the pension/life insurance, meal vouchers, holidays 5 weeks, educational courses, coaching and mentoring opportunities, free massage, cafeteria plan, free fitness studio, generous shares program, etc.

 

WHAT YOU GET FROM US

Success is what you make it. At SAP, we help you make it your own. A career at SAP can open many doors for you. If you’re searching for a company that’s dedicated to your ideas and individual growth, recognizes you for your unique contributions, fills you with a strong sense of purpose, and provides a fun, flexible and inclusive work environment – apply now.

SAP'S DIVERSITY COMMITMENT
To harness the power of innovation, SAP invests in the development of its diverse employees. We aspire to leverage the qualities and appreciate the unique competencies that each person brings to the company.

SAP is committed to the principles of Equal Employment Opportunity and to providing reasonable accommodations to applicants with physical and/or mental disabilities. If you 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 (Americas: Careers.NorthAmerica@sap.com or Careers.LatinAmerica@sap.com, APJ: Careers.APJ@sap.com, EMEA: Careers@sap.com).

Successful candidates might be required to undergo a background verification with an external vendor.

Additional Locations


Job Segment: Accounting, ERP, Testing, SAP, Cloud, Finance, Technology