07 Sep
|
HCLTech
|
Hyderabad
Hyderabad, Telangana
Job Summary
BA JD Skill Set Core Systems: SAP Revenue Accounting and Reporting (SAP RAR), General Ledger (GL) Accounting Standards: ASC 606 Revenue Recognition Standards Financial Analysis: Data analysis, reconciliation of consumption data, and transaction price adjustments Revenue Recognition Specifics: Performance obligations management, Standalone Selling Price (SSP) calculations, Relative Selling Price (RSP) calculations, and Carve calculations General Skills: Analytical thinking, attention to detail, and cross-functional collaboration Job Description Job Title: Business Analyst / Revenue Recognition Analyst (SAP RAR & ASC 606) Role Summary: We are seeking a detail-oriented Analyst to oversee, analyze, and reconcile revenue adjustments between SAP RAR and the General Ledger (GL) in strict accordance with ASC 606 standards. The ideal candidate will have a deep understanding of revenue recognition principles, financial systems, and the ability to accurately determine revenue allocations through complex calculations. Key Responsibilities: Revenue Reconciliation: Compare and analyze revenue adjustments calculated through SAP RAR and the General Ledger (GL) to ensure complete alignment. ASC 606 Compliance: Validate and compare various steps within the revenue recognition process to ensure strict adherence to ASC 606 standards. Data Analysis: Analyze and reconcile consumption data against transaction price adjustments to maintain accurate financial records. Obligation Management: Identify, track, and manage performance obligations across various contracts and agreements. Pricing Calculations:
Perform, review, and validate Standalone Selling Price (SSP) and Relative Selling Price (RSP) calculations. Carve Calculations: Execute and verify carve calculations to accurately determine revenue allocations and adjustments. Collaboration: Work closely with cross-functional finance, accounting, and IT teams to resolve any system variances or reporting discrepancies and ensure accurate financial reporting.
Key Responsibilities
BA JD Skill Set Core Systems: SAP Revenue Accounting and Reporting (SAP RAR), General Ledger (GL) Accounting Standards: ASC 606 Revenue Recognition Standards Financial Analysis: Data analysis, reconciliation of consumption data, and transaction price adjustments Revenue Recognition Specifics: Performance obligations management, Standalone Selling Price (SSP) calculations, Relative Selling Price (RSP) calculations, and Carve calculations General Skills: Analytical thinking, attention to detail, and cross-functional collaboration Job Description Job Title: Business Analyst / Revenue Recognition Analyst (SAP RAR & ASC 606) Role Summary: We are seeking a detail-oriented Analyst to oversee, analyze, and reconcile revenue adjustments between SAP RAR and the General Ledger (GL)
in strict accordance with ASC 606 standards. The ideal candidate will have a deep understanding of revenue recognition principles, financial systems, and the ability to accurately determine revenue allocations through complex calculations. Key Responsibilities: Revenue Reconciliation: Compare and analyze revenue adjustments calculated through SAP RAR and the General Ledger (GL) to ensure complete alignment. ASC 606 Compliance: Validate and compare various steps within the revenue recognition process to ensure strict adherence to ASC 606 standards. Data Analysis: Analyze and reconcile consumption data against transaction price adjustments to maintain accurate financial records. Obligation Management: Identify, track, and manage performance obligations across various contracts and agreements. Pricing Calculations: Perform, review, and validate Standalone Selling Price (SSP) and Relative Selling Price (RSP) calculations. Carve Calculations: Execute and verify carve calculations to accurately determine revenue allocations and adjustments. Collaboration: Work closely with cross-functional finance, accounting, and IT teams to resolve any system variances or reporting discrepancies and ensure accurate financial reporting.
Skill Requirements
Other Requirements
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📌 Senior Technical Lead (Hyderabad)
🏢 HCLTech
📍 Hyderabad