HCM Functional Consultant

Acuity Analytics (Acuity) is a leading provider of bespoke research, analytics and technology solutions to the financial services sector, including asset managers, corporate and investment banks, private equity and venture capital firms, hedge funds and consulting firms. Its global network of over 6,000 analysts and industry experts, combined with proprietary technology, supports more than 500 financial institutions and consulting companies to operate more efficiently and unlock their human capital, driving revenue higher and transforming operations. Acuity is headquartered in London and operates from 10 locations worldwide. The company fosters a diverse, equitable and inclusive work environment, nurturing talent, regardless of race, gender, ethnicity or sexual orientation. Acuity was established as a separate business from Moody’s Corporation in 2019, following its acquisition by Equistone Partners Europe (Equistone). In January 2023, funds advised by global private equity firm Permira acquired a majority stake in the business from Equistone, which remains invested as a minority shareholder. Position Title-Oracle HCM Functional Consultant Experience Level-12+ Department-IT Location-Gurgaon or Bangalore Role Purpose The Oracle HCM Functional Consultant will be responsible for the end-to-end functional delivery, configuration, and optimisation of Oracle Human Capital Management (HCM) Cloud modules across the enterprise. This role serves as a key bridge between HR business stakeholders, IT, and external vendors, ensuring that Oracle HCM solutions are designed, implemented, and maintained to align with global HR processes, compliance requirements, and strategic business objectives. The ideal candidate will have a deep understanding of Oracle HCM Cloud modules (Core HR, Payroll, Absence, Time & Labor, Talent Management, Recruitment, Compensation, Benefits, and Learning), coupled with hands-on experience in multi-country deployments, integrations, reporting, and change enablement. Key Responsibilities 1. Functional Delivery & Solution Design Lead workshops with HR, Finance, and IT stakeholders to gather and document business requirements and translate them into Oracle HCM Cloud functional designs. Design and configure solutions across Oracle HCM Cloud modules including (as applicable): Core HR (Workforce Structures, Employment Models, Person Management) Absence Management & Time & Labor Payroll (Global Payroll, Fast Formulas, Costing, Balances) Talent Management (Goals, Performance, Succession) Compensation & Benefits Learning & Recruitment Cloud (ORC) Develop and maintain functional design documents (FDDs), configuration workbooks, and process flow documentation. Ensure that the Oracle HCM solution aligns with global HR policies, statutory regulations, and corporate governance standards. 2. Implementation & Configuration Configure Oracle HCM Cloud modules in line with approved design and testing standards. Support multiple project phases: requirements, design, build, testing (SIT/UAT), data migration, and go-live. Collaborate with Oracle technical teams to validate integrations with other enterprise systems (e.g., ERP Financials, Payroll, Darwinbox, TMF, and third-party benefits systems). Manage issue resolution during implementation, including functional defect triage, root-cause analysis, and validation of fixes. Support regression testing and impact analysis following Oracle quarterly updates (patch management). 3. Business Partnering & Stakeholder Engagement Act as the primary functional advisor to HR leadership and business partners for system changes, new capabilities, and continuous improvement. Lead user training sessions and develop user guides, SOPs, and training materials for HR and end-users. Serve as the functional SME for Oracle HCM governance committees, system design boards, and steering committees. Partner with HR Operations, Payroll, and Finance teams to ensure end-to-end process alignment. 4. Reporting, Analytics, and Data Management Define and build HCM reports and dashboards using OTBI, BI Publisher, and HCM Extracts. Ensure data integrity and consistency across HR systems through rigorous data validation and governance controls. Support HR analytics initiatives through accurate data model alignment and metric definition. Drive automation of data flows between HCM and related business systems. 5. Continuous Improvement & Governance Monitor Oracle HCM Cloud quarterly releases; assess the impact of new functionality and recommend adoption roadmaps. Maintain configuration and process documentation for audit and compliance readiness. Support post-implementation optimisation initiatives, including process standardisation and automation. Provide functional support for enhancements, minor projects, and ongoing system maintenance. Key Responsibilities 1. Functional Delivery & Solution Design Lead workshops with HR, Finance, and IT stakeholders to gather and document business requirements and translate them into Oracle HCM Cloud functional designs. Design and configure solutions across Oracle HCM Cloud modules including (as applicable): Core HR (Workforce Structures, Employment Models, Person Management) Absence Management & Time & Labor Payroll (Global Payroll, Fast Formulas, Costing, Balances) Talent Management (Goals, Performance, Succession) Compensation & Benefits Learning & Recruitment Cloud (ORC) Develop and maintain functional design documents (FDDs), configuration workbooks, and process flow documentation. Ensure that the Oracle HCM solution aligns with global HR policies, statutory regulations, and corporate governance standards. 2. Implementation & Configuration Configure Oracle HCM Cloud modules in line with approved design and testing standards. Support multiple project phases: requirements, design, build, testing (SIT/UAT), data migration, and go-live. Collaborate with Oracle technical teams to validate integrations with other enterprise systems (e.g., ERP Financials, Payroll, Darwinbox, TMF, and third-party benefits systems). Manage issue resolution during implementation, including functional defect triage, root-cause analysis, and validation of fixes. Support regression testing and impact analysis following Oracle quarterly updates (patch management). 3. Business Partnering & Stakeholder Engagement Act as the primary functional advisor to HR leadership and business partners for system changes, new capabilities, and continuous improvement. Lead user training sessions and develop user guides, SOPs, and training materials for HR and end-users. Serve as the functional SME for Oracle HCM governance committees, system design boards, and steering committees. Partner with HR Operations, Payroll, and Finance teams to ensure end-to-end process alignment. 4. Reporting, Analytics, and Data Management Define and build HCM reports and dashboards using OTBI, BI Publisher, and HCM Extracts. Ensure data integrity and consistency across HR systems through rigorous data validation and governance controls. Support HR analytics initiatives through accurate data model alignment and metric definition. Drive automation of data flows between HCM and related business systems. 5. Continuous Improvement & Governance Monitor Oracle HCM Cloud quarterly releases; assess the impact of new functionality and recommend adoption roadmaps. Maintain configuration and process documentation for audit and compliance readiness. Support post-implementation optimisation initiatives, including process standardisation and automation. Provide functional support for enhancements, minor projects, and ongoing system maintenance. Oracle HCM Functional Expertise Deep knowledge of at least three Oracle HCM Cloud modules (Core HR + two or more of Payroll, Absence, Time & Labor, Compensation, or ORC). Configuration & Design Hands-on configuration experience and ability to create functional design specifications. Project Delivery Strong understanding of SDLC, Agile, and waterfall methodologies; experience with full lifecycle Oracle HCM implementations. Stakeholder Management Excellent communication, influencing, and facilitation skills across business and IT stakeholders. Data & Reporting Experience with OTBI, BI Publisher, and HCM Extracts. Integration Understanding Familiarity with HCM integrations (REST/SOAP APIs, Oracle Integration Cloud, or middleware). Testing & Quality Assurance Proven ability to develop and execute functional test cases, manage UAT cycles, and ensure solution integrity. Compliance & Security Awareness of data privacy, GDPR, and HR compliance requirements within cloud environments. Qualifications & Experience Education: Bachelor’s degree in Information Systems, Computer Science, Human Resources, or related field. Certifications: Oracle Certified Implementation Specialist in HCM Cloud (preferred). PMP / PRINCE2 / Agile certification (desirable). Experience: 5–10 years of relevant functional consulting experience, with at least 3 full-cycle Oracle HCM Cloud implementations. Experience in a global or multi-country HR systems environment. Exposure to integrations with third-party systems (e.g., TMF Payroll, Darwinbox, or similar HR systems). Personal Attributes Strategic thinker with the ability to translate business needs into system solutions. Detail-oriented with strong analytical and problem-solving skills. Comfortable operating in a complex, matrixed, and fast-paced global organisation. Collaborative team player who can engage with technical and non-technical audiences alike. Passion for process simplification, automation, and user experience improvement. Direct influence on the design of Acuity’s next-generation digital operating model. Collaborative and high-impact environment with global stakeholders and leadership visibility. Competitive compensation and professional growth opportunities within Acuity’s Digital & Data organisation.