Senior Oracle Financial Process Optimization Specialist

3 days ago


salem, India beBeeFinance Full time

Oracle Finance Specialist JobThis role involves working with clients to optimize financial processes, configure system settings and provide end-user training. The ideal candidate should have experience with Oracle ERP modules and a solid understanding of accounting principles.Key Responsibilities Collaborate with stakeholders to gather and analyze finance process requirements Configure and maintain Oracle Financial modules including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets and Cash Management Map business processes for P2P, O2C and R2R cycles to Oracle functionalities Develop functional specification documents and configuration workbooks Lead Data Conversions, Mappings and own all the Finance related objects Coordinate with technical teams on integrations and troubleshoot functional issues Conduct system testing and support User Acceptance Testing Troubleshoot and resolve functional issues; manage Oracle SRs for defect resolution Provide end-user training and create process documentation Support month-end, quarter-end and year-end financial close activities Develop and execute test plans to ensure quality deliverables Decent understanding of Revenue Accounting principles ASC 606 and ASC 842 Troubleshoot and resolve functional and technical issues Manage Oracle SRs for defect resolution with quick turnarounds Provide end-user training and create user guides / process documentation Design and implement approval workflows for finance transactions Assist in financial reporting setup (FRS, OTBI dashboards, BI Publisher reports) Advise on system best practices to optimize financial processes and reduce manual effort Perform impact analysis for new releases, patches and enhancements Participate in project planning including estimations, timelines and deliverables tracking Ensure SOX compliance and other regulatory standards in system setup Assist in change management activities, including communications and training rollout Contribute to continuous improvement initiatives for financial systemsRequirements 7+ years of experience as an Oracle Functional Finance Consultant Strong knowledge of accounting principles (US GAAP / IFRS) Hands-on experience configuring GL, AP, AR, FA, CM, Credit Management and Tax modules Experience with financial reporting tools (FRS, OTBI, BI Publisher, Smart View) Understanding of financial integrations with third-party systems Excellent problem-solving, documentation and communication skills Team Player working with all internal and external stakeholders including vendor partners Strong communication skills to interact with stakeholdersBonus Requirements Oracle Financials Cloud Certification Experience working for Leasing, Retail and related Industries Exposure to Revenue Recognition principles, integrations with 3rd parties and related reconciliations CPA, CMA or ACCA certification



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