Finance Process Optimization Specialist

1 week ago

ghaziabad, India beBeeConsultant Full time

Job SummaryWe are seeking an experienced Oracle Functional Finance Consultant to lead and support financial process optimization, system configuration, and end-user enablement.The ideal candidate will have expertise across core finance modules (GL, AP, AR, FA, CM, Credit Management, Tax) for all O2C, R2R and P2P business processes with a solid understanding of accounting principles.ResponsibilitiesCollaborate with business stakeholders to gather and analyze finance process requirementsConfigure and maintain Oracle Financial modules including:General Ledger (GL) – Ledgers, Chart of Accounts, Allocations, Journals, Accounts Payable (AP) – Invoice processing, Payments, Accruals, Accounts Receivable (AR) – Customer billing, Receipts, Adjustments, BPA, Fixed Assets (FA) – Asset additions, Depreciation, Retirements, Cash Management (CM) – Bank reconciliations, Cash forecasting, Tax Management – Fusion Tax, Vertex, Avalara integrationMap business processes for P2C, O2C, and R2R cycles to Oracle functionalitiesDevelop functional specification documents (MD050), BRDs, and configuration workbooksLead Data Conversions, Mappings, FUT and own all the Finance related objects for (opening balances, AP/AR transactions, assets)Coordinate with technical teams on integrations (OIC, BI Publisher, OTBI, Smart View)Conduct system testing (SIT) and support User Acceptance Testing (UAT)Troubleshoot and resolve functional issues; manage Oracle SRs for defect resolutionProvide end-user training and create process documentationSupport month-end, quarter-end and year-end financial close activitiesDevelop and execute test plans to ensure quality deliverablesDecent understanding of Revenue Accounting principles ASC 606 and ASC 842Requirements7+ years of experience as an Oracle Functional Finance Consultant (Fusion or EBS)Strong knowledge of accounting principles (US GAAP / IFRS)Hands-on experience configuring GL, AP, AR, FA, CM, Credit Management and Tax modulesExperience with financial reporting tools (FRS, OTBI, BI Publisher, Smart View)Understanding of financial integrations with third-party systemsExcellent problem-solving, documentation, and communication skillsTeam Player working with all internal and external stakeholders including vendor partnersStrong communication skills to interact with stakeholdersPreferred QualificationsOracle Financials Cloud CertificationExperience working for Leasing, Retail and related IndustriesExposure to Revenue Recognition principles, integrations with 3rd parties and related reconciliationsCPA, CMA, or ACCA certification

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