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Full Time Job

Brim - Financial Revenue Accounting and Reporting Engineer

Warner Bros. Discovery

Warsaw, Hungary 11-22-2024
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  • Paid
  • Full Time
  • Mid (2-5 years) Experience
Job Description
The SAP BRIM (Billing and Revenue Innovation Management) Finance Revenue Accounting and Reporting Operations and Project Manager plays a critical role in managing both the operational stability and project implementations related to revenue accounting and reporting in the SAP BRIM system. This position bridges finance and technology, ensuring compliance with revenue recognition standards, accurate financial reporting, and alignment with overall business objectives.

Your role supports the on-going operations of the following SAP applications:
- SAP BRIM Run / Operate
- SAP S4 Order to Cash Run / Operate

This role ensures the on-going operations in both SAP instances execute properly, perform regular maintenance activities, support different revenue recognition models like time based, event based POBs etc., and support the FI integration with RAR.

Your Role Accountabilities:
OPERATIONS time spent 60%
• Ensure accurate revenue recognition in line with accounting standards (e.g., IFRS 15, ASC 606). Oversee the timely posting of revenue to the general ledger (GL) based on business rules, contracts, and performance obligations.
• Monitor the posting of financial transactions to ensure they are correctly processed in the SAP Revenue Accounting and Reporting (RAR) module. This involves managing integration between the ordering, billing, invoicing, and financial modules.
• Perform regular reconciliations between the SAP BRIM system and the general ledger to ensure accuracy and consistency in revenue reporting. Resolve discrepancies between billing data, invoicing, and financial postings.
• Ensure that all revenue recognition processes comply with applicable standards and guidelines, such as IFRS or GAAP. This includes configuring and updating the system to reflect changes in regulations or company policies.
• Oversee the generation of accurate and timely financial reports related to revenue. This includes reports for internal management, regulatory authorities, and external stakeholders such as auditors.
• Ensure the accuracy and completeness of data used for financial reporting. Implement validation checks to identify and correct errors before they impact financial reports.
• Manage the month-end and year-end closing processes for revenue-related accounts, ensuring that all revenue is correctly recognized and reported. Work with finance teams to ensure timely and accurate close processes.
• Regularly monitor the performance of the SAP Revenue Accounting and Reporting (RAR) module. Ensure that data flows between billing, invoicing, and finance systems are functioning properly, and troubleshoot issues as they arise.
• Manage the resolution of operational issues, including incorrect revenue postings, data inconsistencies, or integration errors between SAP BRIM, billing, and finance modules.
• Ensure proper controls are in place for revenue recognition processes, and assist internal and external auditors with any audits related to revenue accounting and reporting.
• Work closely with the finance and accounting teams to ensure alignment on revenue recognition rules, financial reporting requirements, and audit requests. Provide regular updates on the status of financial postings and issue resolution.
• Engage with other teams, such as billing, invoicing, and IT teams, to ensure that the revenue accounting system integrates seamlessly with other SAP BRIM modules.
• Manage incidents related to RAR, ensuring that issues are logged, tracked, and resolved in a timely manner. Provide regular incident reports and insights on how to prevent future occurrences.

PROJECT MANAGEMENT time spent 25%
• Lead projects related to the implementation of new features or enhancements in the SAP Revenue Accounting and Reporting module. This includes defining project scope, creating detailed project plans, allocating resources, and managing timelines.
• Collaborate with finance and business stakeholders to gather requirements for new revenue accounting functionalities or enhancements. Translate these requirements into functional specifications for the technical teams.
• Oversee the implementation of system enhancements, such as new revenue recognition rules, changes in business models (e.g., subscription-based services), or regulatory updates. Ensure that customizations align with business and regulatory requirements.
• Coordinate rigorous testing of new functionalities or changes in the revenue accounting system. This includes unit testing, integration testing, and user acceptance testing (UAT) to ensure the new processes work as intended and do not disrupt existing operations. Prepare necessary testing documentation for promoting changes across SAP landscape
• Ensure that all new revenue recognition processes are thoroughly tested to comply with accounting standards. Validate that revenue is recognized and reported accurately and that the financial statements are correct.
• Identify potential risks in revenue accounting projects, such as regulatory changes, data integrity issues, or system downtime, and develop mitigation strategies. Ensure that risks are managed proactively, particularly during critical periods such as month-end or year-end closing.
• Lead change management efforts for system enhancements, ensuring that finance teams and other users are adequately trained on any changes in the revenue recognition and reporting processes. Communicate changes clearly to all stakeholders and ensure proper documentation.
• Manage relationships with external vendors or consultants involved in the revenue accounting process. This may include third-party applications used for tax, compliance, or financial reporting.
• Ensure that external consultants and vendors deliver on time, within scope, and according to the agreed quality standards, especially when implementing new solutions or enhancements.
• Lead projects focused on ensuring compliance with new revenue accounting standards or regulatory changes. This includes updating SAP BRIM RAR configurations and implementing new processes to meet changing legal requirements.
• Plan and manage the upgrade of SAP BRIM Finance components, particularly the Revenue Accounting and Reporting module. Ensure that new patches or upgrades are implemented with minimal disruption to ongoing operations and that all necessary stakeholders are informed and involved in the upgrade process.
• Documentation and Training: Maintain thorough documentation related to the invoicing processes, configurations, and customizations. Ensure that business users are trained on any new features or processes introduced in the system.

CROSS FUNCTIONAL COLLABORATION & CONTINUOUS IMPROVEMENTS time spent 15%
• Work with teams responsible for other SAP BRIM modules, such as Convergent Invoicing to ensure seamless data flow between contracts, billing, invoicing, and revenue recognition.
• Ensure that revenue accounting processes meet the audit and compliance requirements. Provide auditors with the necessary data and reports to validate financial statements and revenue recognition practices.
• Collaborate with data analytics and reporting teams to ensure that accurate revenue data is available for strategic decision-making, financial analysis, and forecasting.
• Continuously look for opportunities to improve revenue recognition and reporting processes. This may involve automation, reducing manual interventions, or streamlin

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Jobcode: Reference SBJ-g3523n-18-97-9-171-42 in your application.