SAP IS-OIL PRA; Production and Revenue Accounting

Next Ventures are currently executing a search for a SAP PRA SME for a long term contract in Houston. Start asap. Duration 12 months.

Role: SAP Functional Consultant / Subject Matter Expert (SME)
Industry: Oil & Gas, Upstream
Specialization: SAP IS-OIL Production and Revenue Accounting (PRA)

We are seeking an experienced SAP IS-OIL PRA Subject Matter Expert (SME) with strong functional expertise in upstream Oil & Gas business processes and a proven track record of delivering end-to-end SAP PRA implementations, enhancements, and production support projects.

The ideal candidate will possess comprehensive knowledge of Production Accounting, Revenue Accounting, Ownership Management, Contracts and Pricing, Prior Period Adjustments (PPA), and volumetric and financial reconciliation. The role requires hands‑on experience in requirements gathering, functional solution design, SAP configuration, RICEFW development coordination, system integration testing, user acceptance testing, cutover, and post‑go‑live support.

The successful candidate will work closely with business stakeholders, technical teams, and cross‑functional SAP consultants to deliver robust, scalable, and business‑aligned solutions.

• Lead and support end-to-end SAP IS-OIL PRA implementation and enhancement initiatives.
• Gather and analyze business requirements, conduct workshops, and translate requirements into functional solutions.
• Review existing business processes and recommend improvements aligned with upstream Oil & Gas operations.
• Prepare functional specifications, solution design documents, process flows, and configuration documentation.
• Support SAP PRA configuration, validation, and functional troubleshooting.

• Support production accounting, revenue accounting, ownership management, and contract‑related business processes.
• Work with volumetric data, ownership allocations, pricing calculations, and revenue distribution processes.
• Support production and financial reconciliation to ensure accurate accounting and reporting.
• Investigate discrepancies between operational volumes, ownership records, revenue calculations, and financial postings.
• Manage and support Prior Period Adjustments (PPA), including impact analysis, adjustment processing, reconciliation, and financial validation.

• Analyze business requirements for RICEFW objects:
  Reports, Interfaces, Conversions, Enhancements, Forms, and Workflows.
• Prepare detailed functional specifications, including business logic, validation rules, mapping requirements, and exception handling.
• Collaborate with ABAP developers and technical teams throughout development, testing, and deployment.
• Validate custom developments and enhancements against approved business requirements.

• Support SAP PRA integration with relevant SAP modules, including:
  • SAP FI/CO (Financial Accounting and Controlling)
  • SAP JVA (Joint Venture Accounting)
  • SAP MM (Materials Management)
  • SAP SD (Sales and Distribution)
• Analyze integration issues, data inconsistencies, and posting discrepancies.
• Coordinate with cross‑functional teams to ensure end‑to‑end business process integrity.

• Develop and execute functional test scenarios, test scripts, and test cases.
• Lead or support System Integration Testing (SIT), User Acceptance Testing (UAT), and end‑to‑end testing.
• Validate business processes, integrations, financial calculations, and data quality.
• Manage defects, conduct root‑cause analysis, coordinate resolutions, and perform regression testing.
• Support business users during testing and obtain…