Sr. Offshore RAR (Rev Recognition & Reporting)
NTT Data
Req ID: 387380
NTT DATA strives to hire exceptional, innovative and passionate individuals who want to grow with us. If you want to be part of an inclusive, adaptable, and forward-thinking organization, apply now.
We are currently seeking a Sr. Offshore RAR (Rev Recognition & Reporting) to join our team in Bangalore, Karnātaka (IN-KA), India (IN).
Job Description -
The RAR (Revenue Accounting and Reporting) Functional Resource must possess a deep blend of financial regulatory expertise (IFRS 15 / ASC 606), strong integration knowledge with operational core modules, and hands-on technical configuration skills. The core functional resource requirements are broken down into specific competency domains below:
- Compliance & Accounting Domain Knowledge Standard Mastery:
- Deep understanding of the 5-step revenue recognition model mandated by IFRS 15 and ASC 606 regulatory frameworks.
- Accounting Concepts:
- Practical experience with parallel accounting,
- multi-currency frameworks,
- contract assets/liabilities, and
- deferred revenue mechanics.
- Cost Matching: Ability to configure and sync cost recognition alongside revenue schedules to satisfy matching principles.
- Core SAP RAR Module Configuration
- RAI Architecture
- Hands-on experience creating and managing Revenue Accounting Items (RAIs), including defining RAI classes and processing statuses in the RAI Monitor (FARR_RAI_MON).
- Contract Management: Expert configuration of Revenue Accounting Contracts and Performance Obligations (POBs).
- Transaction Allocation: Ability to set up complex price allocations using Standalone Selling Price (SSP) and manage contract modifications (e.g., cumulative catch-ups).
- BRFplus Engine: Strong capability to design, build, and debug decision tables and business rules inside the Business Rule Framework plus (BRFplus) to automate POB determination and price formatting.
- Cross-Module Integration Requirements
- SAP SD Integration: Expertise mapping Sales and Distribution billing documents, sales orders, conditions types (e.g., PR00), and proof-of-delivery events into RAR.
- SAP FI/CO Integration: Complete understanding of general ledger postings via the Universal Journal, cost allocation, and Profitability Analysis (CO-PA) linkages.
- Advanced Billings: Familiarity integrating with SAP BRIM (Billing and Revenue Innovation Management) or Convergent Invoicing for usage-based subscription contracts.
- Technical Migration & Deployment Exposure
- Data Migration: Experience with migration paths transferring existing legacy or classic contract portfolios over to SAP S/4HANA Optimized Contract Management (OCM).
- Reporting Tools: Experience extracting audit-ready compliance tracking schedules via SAP Fiori analytics applications
About NTT DATA
NTT DATA is a $30 billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world's leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. our consulting and Industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 50 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is a part of NTT Group, which invests over $3 billion each year in R&D.
Whenever possible, we hire locally to NTT DATA offices or client sites. This ensures we can provide timely and effective support tailored to each client’s needs. While many positions offer remote or hybrid work options, these arrangements are subject to change based on client requirements. For employees near an NTT DATA office or client site, in-office attendance may be required for meetings or events, depending on business needs. At NTT DATA, we are committed to staying flexible and meeting the evolving needs of both our clients and employees. NTT DATA recruiters will never ask for payment or banking information and will only use @nttdata.com, @nttdatafed.com and @talent.nttdataservices.com email addresses. If you are requested to provide payment or disclose banking information, please submit a contact us form,
NTT DATA endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact us at . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. NTT DATA is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here . If you'd like more information on your EEO rights under the law, please click here . For Pay Transparency information, please click here .
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