Finance

IFRS Accounting - Revenue Recognition Finance Expert (f/m/d)

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Our company culture is focused on helping our employees enable innovation by building breakthroughs together. 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. Apply now!

 

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’, ‘External Reporting & Accounting Technologies’, and ‘IFRS Policies & CoEs’.
The position is assigned to the Corporate Revenue Recognition Team.

 

EXPECTATIONS AND TASKS
The job includes:

  • Researching, documenting, training, and providing guidance on revenue recognition and other accounting issues related to new cloud subscription, software 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 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.
  • Deal support: Providing transactional revenue recognition related guidance to regional and local revenue recognition specialists and line of business colleagues. Interacting with 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.
  • Anticipate and pro-actively address cross-functional effects of new business model accounting rules on SAP’s (F&A) processes, external reporting and other F&A areas.
  • Ability and experience with working in a matrix organization and a virtual environment. 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 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 geographic regions across the globe.
  • Business acumen and strong interest in building bridges between technical accounting and business model innovation.
  • Strong interest in keeping up to date technically on aspects of accounting.
  • University degree preferably in accounting and/or auditing.
  • CPA, “Wirtschaftsprüfer” or similar qualification in the area of accounting/auditing.
  • Experience in revenue recognition and related processes in the IT (e.g. cloud) or Telco-Industry gathered in a finance or commercial role is preferred.
  • Very good English language skills;

 

WORK EXPERIENCE

  • At least 10 years of working experience in a publicly listed company reporting under IFRS or an auditing company are required.

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We build breakthroughs together

SAP innovations help more than 400,000 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 200 million users and more than 100,000 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, we build breakthroughs, together.

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.

Requisition ID: 383978  | Work Area: Finance  | Expected Travel: 0 - 10%  | Career Status: Professional  | Employment Type: Regular Full Time   | Additional Locations: #LI-Hybrid
 

 

Requisition ID:  383978
Posted Date:  Feb 10, 2024
Work Area:  Finance
Career Status:  Professional
Employment Type:  Regular Full Time
Expected Travel:  0 - 10%
Location: 

Walldorf, DE, 69190

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