Financial Close Product Jobs

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Technical Product Owner, SAP RTR/RAR

Cengage Brecksville, OH

Brecksville, OH

Today

$102k - $132k/yr Full time ERP Financial Close Product Owner

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Job Description

Cengage is seeking a Technical Product Owner to advance SAP Record-to-Report (RTR) and Revenue Accounting & Reporting (RAR) capabilities within SAP S/4 Finance. This role partners with Finance and technology teams to deliver compliant, audit-ready, scalable workflows using an Agile approach.

Responsibilities

Collaborate with Controllership, Revenue Accounting, FP&A, Finance, and Technology leaders to gather requirements, validate business needs, and ensure alignment with standard RTR/RAR processes and enterprise build principles.
Convert business requirements into user stories, acceptance criteria, and functional specifications that protect system integrity and compliance.
Validate that all RTR/RAR modifications follow SAP guidelines, internal controls, and accounting standards including GAAP, ASC 606, and IFRS 15, consistent with global templates.
Own and prioritize the product backlog for SAP RAR, RTR, GL accounting, financial close, and revenue workflows.
Develop and maintain a multi-quarter roadmap focused on improving financial accuracy, automation, controls, audit readiness, and operational scale.
Run development governance reviews to confirm RTR/RAR solutions meet required quality and compliance standards.
Define and track success through measurable outcomes such as financial accuracy, faster close, increased automation, fewer reconciliation exceptions, improved controls, and reduced operational risk.
Work with SAP functional analysts, developers, and architecture teams to deliver improvements across revenue recognition, contract asset/liability calculations, GL posting logic, period-end close processes, reconciliations, and reporting structures.
Confirm functional builds and testing results to ensure financial accuracy, data integrity, and adherence to RTR/RAR standards.
Lead root-cause analysis, defect management, and long-term stabilization efforts for RTR and RAR processes.
Partner with IT delivery teams on sprint planning, backlog refinement, and release readiness.
Maintain visibility into prioritization and delivery across internal IT teams and external implementation partners.
Support quality and accountability across composing, building, testing, and releasing cycles.
Identify and resolve issues that impact revenue accuracy, subledger-to-ledger alignment, period-end close timing, and consistency with financial policies.
Coordinate cross-team problem-solving and ensure remediation plans result in durable process improvements.
Partner across platforms to optimize integrations between SAP, revenue engines, data platforms, consolidation tools, and downstream reporting systems.
Ensure consistent and accurate data flow from order intake through revenue, subledger, and general ledger workflows.
Monitor SAP feature updates, regulatory changes, and revisions to accounting standards including ASC 606 and IFRS 15.
Apply lessons learned from large-scale ERP transformation programs to strengthen decision-making, risk mitigation, and solution reliability.

Requirements

10–12 years of experience as a Technical Product Owner, Business Analyst, or functional lead supporting SAP RTR, RAR, or financial ERP processes.
Strong expertise in SAP S/4HANA Finance, including FI/CO, RAR, financial posting logic, and close processes.
Demonstrated ability to maintain alignment with finance process standards, accounting policies, and SAP guidelines.
Strong analytical capability to diagnose system, process, and data issues affecting financial accuracy.
Agile delivery experience using tools such as Jira or Monday.com (or similar platforms).
High-performing communication and interpersonal skills to translate Finance and Accounting needs into scalable technical specifications.

Technologies

SAP
SAP S/4HANA
SAP S/4HANA Finance
FI/CO
RAR
RTR
Jira
Monday.com
GAAP
ASC 606
IFRS 15

Benefits

Eligible to participate in the company’s discretionary incentive bonus program.
15% annual: Individual Target.
Company provides a comprehensive and rewarding Total Rewards package.
Reasonable accommodations for qualified individuals with disabilities, including during the job application process.

Preferred Qualifications

Deep experience with SAP S/4HANA RAR, compliance frameworks, and financial controls.
Experience supporting multi-entity, multi-product, or global financial operating models.
Background supporting ERP transformation, stabilization, or financial modernization programs.
Bachelor’s degree in Finance, Accounting, Business, Information Systems, or equivalent experience.
SAP Finance certifications.

Why This Role Matters

This position directly supports the reliability of Cengage’s financial reporting system. The work contributes to accurate revenue recognition, credible financial statements, smooth period-end close execution, and ongoing consistency with evolving accounting standards. By strengthening financial controls and reducing operational risk, the role increases clarity across a complex global environment.

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