Company Name - LTM
Title- SAP RAR Lease Accounting
Experience – 7 – 11 years
Location – Bangalore
Employment Type – On-Site
Expected Salary: 25 LPA
No. of Vacancy: 1
Key Responsibilities
● Lease Accounting IFRS 16 ASC 842
● Lead end-to-end implementation and support of SAP Lease Accounting solutions
● Analyze lease contracts and configure lease accounting processes including
● RightofUse RoU Asset Accounting
● Lease Liability Accounting
● Interest Accruals and Amortization
● Lease Revaluation and Modifications
● Lease Payment Management
● Support migration of lease data from legacy systems into SAP environments
● Design lease accounting reports and disclosures required for statutory compliance
● Collaborate with finance teams auditors and business stakeholders to ensure compliance with IFRS 16 and ASC 842 requirements
● Revenue Accounting Reporting SAP RAR
● Implement and support SAP Revenue Accounting and Reporting RAR solutions aligned with IFRS 15 and ASC 606
● Analyze revenue recognition requirements and translate them into SAP RAR configurations
● Configure
● Performance Obligations
● Revenue Contracts
● Revenue Price Allocation
● Contract Modifications
● Fulfillment Activities
● Revenue Recognition and Reporting
● Integrate SAP RAR with SAP SD FI S/4HANA and external source systems
● Participate in fitgap analysis solution design testing and cutover activities
● Accounting Standards Compliance
Provide expertise on
● IFRS 15 Revenue Recognition
● IFRS 16 Lease Accounting
● ASC 606 Revenue Recognition
● ASC 842 Lease Accounting
● MultiGAAP Reporting
● Support statutory management and regulatory reporting needs
● Work with business users to interpret evolving accounting requirements and translate them into SAP solutions
● Assist finance teams during audits and compliance reviews
● Project Delivery
● Conduct requirement gathering workshops and stakeholder discussions
● Prepare functional specifications and support technical developments
● Execute configuration testing defect resolution and deployment activities
● Develop training materials and conduct business user training sessions
● Provide production support and continuous improvement recommendations
Required Skills
- Strong experience in SAP Finance SAP FICO or SAP S/4HANA Finance hands-on experience in ● SAP RAR Revenue Accounting and Reporting
● SAP Lease Accounting IFRS 16 Solutions
● Revenue Recognition Processes
Deep understanding of ● IFRS 15
● IFRS 16
● ASC 606
● ASC 842
● MultiGAAP Reporting
● Experience with SAP S/4HANA Finance
● Knowledge of financial reporting monthend close and compliance processes
● Robust business process analysis and stakeholder management skills
Preferred Skills
● Experience with SAP BRIM ecosystem
● Knowledge of SAP Contract Accounting FICA
● Exposure to SAP Group Reporting SAP BTP and Fiori applications
● Experience working with external auditors and compliance teams
● SAP Certification in S/4HANA Finance RAR or Lease Accounting
Pay: ₹2,500,000.00 - ₹3,000,000.00 per year
Experience
- SAP Finance SAP FICO or SAP S/4HANA Finance Strong: 7 years (Required)
Work Location: In person
📌 SAP RAR Lease Accounting (Bengaluru)
🏢 LTM
📍 Bengaluru