Commercial Finance Expert

SAP
Newtown Square, PA Full Time
POSTED ON 12/14/2021 CLOSED ON 1/13/2022

What are the responsibilities and job description for the Commercial Finance Expert position at SAP?

What we offer

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!


Our team is driven to provide the best support possible, by successfully assisting in closing deals to meet and exceed SAP's target of making the world run better. The Commercial Finance Expert is fully integrated with sales, to provide deal support and proactively address issues.


Within this role you will:


  • Review on premise and cloud license agreements to ensure they are accounted for properly. Be able to understand changes in business and regulatory environments to ensure compliance.
  • Work with Sales, Field Pricing, Controlling, Legal and Contracts to ensure license agreements are structured in accordance with SAP's Revenue Recognition and IFRS15 policies.
  • Act as the single point of contact in complex revenue recognition matters and critical non-routine transactions, proactively proposing alternative, more preferable or simpler transaction setup or deal structures.
  • Promote the idea of One Deal Support and ensure business partnering with the leader of their assigned Market Unit Sales team.
  • Engage in all lines of business and gain and understanding of the end-to-end process sales process
  • Perform controls and procedures related to the monthly close.
  • Keep current on the latest Revenue Recognition training content & programs.
  • Develop a strong relationship with the assigned regional Market Unit and provide training and guidance on new policies.
  • Professionally interact with KPMG during their quarterly reviews and the annual audit procedures.
  • Engaged in SOX control and review activities during the month end closing


Experience:


  • Bachelor’s degree in accounting
  • 5 years of relevant work experience
  • CPA and/or Big 4 public accounting experience, highly preferred
  • Willingness to develop thorough knowledge of IFRS15 / ASC 606 on revenue recognition and SAP’s policies and practices
  • Inquisitiveness and critical thinking skills
  • Problem solver with confidently affirmative attitude
  • Excellent communication skills
  • Ability to work under time pressure and deadlines, and juggle multiple tasks and projects
  • Team player and self-starter


#LI-REMOTE


We are SAP

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.


Our inclusion promise

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: Americas: Careers.NorthAmerica@sap.com or Careers.LatinAmerica@sap.com, APJ: Careers.APJ@sap.com, EMEA: Careers@sap.com.


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.

Requisition ID:314775 | Work Area: Finance | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: Virtual - USA

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