Principal Revenue Analyst with with ASC 606/ 605, IFRS 16 experience

1 month ago

india Oracle Full time

This is a full-time opportunity managing processes at the largest business software company in the world, Oracle Corporation. As the Global Functional Expert for Standalone Selling Price, you will support the Global Revenue Recognition Organization with processes, functional knowledge and system expertise concerning design and implementation of the end-to-end processes that impact SSP and Oracle’s APEX Revenue Management modules across all regions and globally.

The SSP Analyst role calls for a highly skilled individual to work as both an individual contributor, and as a collaborative team member, providing direction and mentoring to others. Work is non-routine and very complex involving the application of advanced technical / business skills in areas of specialization. The candidate must possess strong analytical and communication skills in partnering with other internal groups. The candidate should have a good sense of global and regional finance practices, be able to prepare and deliver quality presentations, submit regular status updates, make recommendations, and raise issues to management. 

This role has global responsibilities and will act collaborate with various groups for the processing of the SSP study analysis processes. This role will prepare the SSP studies, initiate system enhancement requests for SSP studies, provide production support and participate in large-scale project initiatives as part of the team that supports Oracle Finance business units and Oracle IT internal software implementations. This role will need to reach achievements /deliverables and drive to complete SSP studies by the targeted deadlines.

This role will be a key contributor to generating SSP data and running the SSP analysis process quarterly based on the published SSP study plan. This role will need to meet project achievements/deliverables and drive projects to completion by targeted deadlines with cross-functional teams. Key functions involve: proactively identifying SSP process issues, and updating procedure documentation. The candidate with need the ability to perform work independently without direct oversight, and collaborate with management, and team members. 

Major responsibilities include but not limited to the following:  SSP studies: 

Apply SSP Study Tracker in GRID daily to ensure timely and complete completion of SSP Study process. Create SSP data and run SSP analysis process quarterly based on the published and agreed SSP study plan. Ensure the SSP studies is completed within month 2 of each quarter. Obtain and provide audit evidence of baseline script and ensures scripts is baselined.  Inquire about any material changes to the baseline script (. migration to a new system, change in reporting methodology, or exclusions category, Document and report any change as compared to the original baseline script and application, beyond a change in the date range. Review of parameters used to run the reports from the source system using the parameters. Provide a screenshot of parameters where applicable or sign off by the person providing the data. Perform completeness and accuracy testing.  Perform random testing to ensure the accuracy of the data is validated by testing a random sample of five transactions. Document testing and in a spreadsheet as per agreed/approved template. Perform testing for clerical accuracy of data in the SSP study. Identify the RevRec treatment to moderately complex transactions which require further review. Review and tested for clerical accuracy. Recalculate and verify SSP compliance by bands is properly calculated. Research and validate individual transactions and SSP percentages as needed. Apply knowledge of systems and tools to analyze transactional data Prepare comparison of overall compliance vs prior quarters and investigating significant changes.  Prepare the accounting SSP memo and document changes in baseline script, reporting methodology, inclusions and exclusions, study results, provides explanation for significant changes. Send SSP analysis results to LOB management for review. Publish SSP study results and assist in audits with External E&Y and Oracle Internal Auditors. Prepare requested information by the auditors and ensure accurate/complete information is provided.  Prepare and perform walk thru of SSP study with External Auditors (E&Y) and Internal Auditors (SOX) related to the SSP Study process. Identify and raise requests for missing items/SKUs/product group/SSP Bands mapping in GRID to SSP offering or performance obligations. Prepare and publish Price Hold Assessments for products/offerings based on SSP study results. Assist Subject Matter Expert with requirements gathering and/or queries related to the SSP studies automation in GRID. Participate in AdHoc projects related to the SSP Study or other RevRec Ops processes as necessary. Share ideas for simplification/automation of SSP studies in GRID and other related areas.

Career Level - IC4

As a member of Revenue Accounting you will assist in the processing of revenue impacting adjustments and reconciling balance sheet account. Monitor revenue, reconcile receivables, and unearned accounts. Work with internal customers to resolve related revenue inquiries. Assist in facilitating the automation of current processes and procedures. You may participate in special projects.

Preferred Qualifications:

8-10+ years of finance and system implementation experience  Experience in working with Oracle’s accounting modules or feeder modules and related applications with systems upgrade experience desirable. Revenue Recognition skills preferred Detail oriented with a focus on problem resolution Self-starter who can take initiative and dig into issues to determine a proper resolution.  Ability to multi-task Ability to effectively communicate verbally and in writing and build strong relationships across geographies. Moderate Excel Skills Basic Accounting knowledge preferred Leading contributor individually and as a team member Providing direction and mentoring to others.  Work is non-routine and very complex, involving the application of advanced technical/business skills in area of specialization.  Strong analytical, prioritization and communication skills in partnering with other internal groups and management.

Life at Oracle and Equal Opportunity:
An Oracle career can span industries, roles, Countries and cultures, giving you the opportunity to flourish in new roles and innovate, while blending work life in. Oracle has thrived through 40+ years of change by innovating and operating with integrity while delivering for the top companies in almost every industry.
In order to nurture the talent that makes this happen, we are committed to an inclusive culture that celebrates and values diverse insights and perspectives, a workforce that inspires thought leadership and innovation.
Oracle offers a highly competitive suite of Employee Benefits designed on the principles of parity, consistency, and affordability. The overall package includes certain core elements such as Medical, Life Insurance, access to Retirement Planning, and much more. We also encourage our employees to engage in the culture of giving back to the communities where we live and do business.
At Oracle, we believe that innovation starts with diversity and inclusion and to create the future we need talent from various backgrounds, perspectives, and abilities. We ensure that individuals with disabilities are provided reasonable accommodation to successfully participate in the job application, interview process, and in potential roles to perform crucial job functions.
That’s why we’re committed to creating a workforce where all individuals can do their best work. It’s when everyone’s voice is heard and valued that we’re inspired to go beyond what’s been done before.
Disclaimer: Oracle is an Equal Employment Opportunity Employer*. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
Which includes being a United States Affirmative Action Employer
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