IFRS Accounting – Revenue Recognition Finance Specialist

Location:

Prague 5 (158 00) – Czech Republic

Salary:

Competitive

Type:

Permanent

Main Industry:

Search Accountancy Jobs

Other Industries & Skills: 

Finance, Banking & Insurance, Legal

Advertiser:

SAP

Job ID:

130283841

Posted On: 

29 March 2024

We help the world run better

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 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
 

-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.
-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.

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.
 

BENEFITS
Yearly bonuses, sick days paid and sick leaves fully refunded, flexible start/end of working hours, contributions to the pension/life insurance, meal vouchers, holidays 5 weeks, educational courses, coaching and mentoring opportunities, free massage, cafeteria plan, free fitness studio, generous shares program, etc.

#SAPFinanceCZCareers

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: Careerssap
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.

EOE AA M/F/Vet/Disability:

Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, age, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability.
Successful candidates might be required to undergo a background verification with an external vendor.

Requisition ID: 388751  | Work Area: Finance  | Expected Travel: 0 – 10%  | Career Status: Professional  | Employment Type: Regular Full Time   | Additional Locations: #LI-Hybrid.
 

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