Oracle Account Reconciliation Cloud

5 days ago


india VLaunchU Full time

Job Description

SN

Required Information

Details

1

Role

Oracle Account Reconciliation Cloud (ARCS) - Consultant

2

Required Technical Skill Set

(Selection Criteria-Must expertise)

Expertise in ARCS including Reconciliation Compliance & Transaction Matching.

3

No. of Requirements

1

4

Desired Experience Range

8 to 10 Yrs.

5

Location of Requirement

Pan India

Desired Competencies (Technical/Behavioral Competency)

Must-Have

Technical:

  • Excellent functional skills in implementing Account reconciliation Cloud, Design, configuration, testing.
  • Customer facing skills.
  • providing process consulting.
  • Having proficiency in Business Process understanding, Conceptualization, Documentation,
  • Develop testing scenarios, test scripts and leading teams in unit, integration, and acceptance testing.

Non-Technical:

  • Strong troubleshooting and conceptual skills
  • Excellent Analytical and Debugging skills on problem Solving Is must.

Should have excellent communication skills and customer facing skills

Good-to-Have

6+ years of extensive functional experience with ARCS

Familiarity with Oracle Cloud EPM (Enterprise Performance Management) suite and integration capabilities with other Oracle Cloud applications.

Finance modules AP, AR, GL, Projects

SN

Role descriptions / Expectations from the Role

1

Expert in implementing ARCS from design, configuration, data integration, and testing

2

Sound knowledge on ARM/ARCS including Reconciliation Compliance & Transaction Matching

3

Functional knowledge of Finance/accounting and account reconciliation is a must
Knowledge and experience working with a consolidation tool and general ledger is a plus

4

Provide Solutions to existing Architecture Design on current system

5

Collaborate effectively with other groups

6

Expert in Requirement Gathering & Solution Design

7

Sound functional knowledge Finance/accounting/ General Ledger/Sub Ledgers

8

Configure the ARCS application to meet clients' specific reconciliation requirements, ensuring alignment with best practices and industry standards.

9

Analyze existing reconciliation processes and identify opportunities to streamline and automate them using Oracle ARCS functionalities.

10

Design and implement optimized reconciliation processes in ARCS, leveraging features such as matching rules, auto-reconciliation, and variance analysis

11

Work closely with business users to define reconciliation rules, thresholds, and approval workflows to ensure accurate and timely reconciliations

12

Provide guidance and training to users on best practices for reconciliation process optimization and utilization of ARCS features

13

Proficiency in Oracle ARCS configuration, including data sources setup, reconciliation rule definition, and workflow design



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