Revenue Recognition (Senior) Finance Specialist

at  SAP

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.

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.
• Strong interest in keeping up to date technically on aspects of accounting.
• University degree preferably accounting and/or auditing.
• CPA or similar qualification in the area of accounting/auditing would be a plus.
• Experience in revenue recognition and related processes in the areas of public cloud, private cloud, on premise software and services is a plus.
• Very good English language skills; German is a plus.
• Intermediate Excel, Advanced Excel is a plus (VBA coding not required).

WORK EXPERIENCE

At least 3 years of working experience in the area of financial accounting of a publicly listed company reporting under IFRS or an auditing company are required. Prior experience in either the financial reporting group of a company 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.

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 different teams:

• Corporate Revenue Recognition
• External Reporting and Accounting Technology (ERAT)
• IFRS Police and Center of Expertise
• Local Accounting and Reporting

The position is assigned to the Corporate Revenue Recognition Team.

EXPECTATIONS AND TASKS

• 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 cloud subscription, software and services business/pricing models to our stakeholders in GFA and other board areas. Working in cross functional teams to structure new business models and contemplated transactions in the light of the expected revenue accounting and external reporting requirements. 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).
• Driving projects to improve our department’s processes related to disclosures.
• Oversee and execute SOX controls related to disclosures, ensuring transparency and compliance.