Oracle RMCS Techno-Functional Consultant

6 days ago

Hyderabad, Telangana, India Alignity Solutions Full time
Job Title: Oracle RMCS Techno-Functional Consultant

Alignity Solutions is seeking an experienced Oracle RMCS Techno-Functional Consultant to join our team. As a key member of our revenue management team, you will be responsible for configuring, implementing, and troubleshooting Oracle Revenue Management Cloud Service (RMCS) and its integration with Oracle E-Business Suite (EBS).

Key Responsibilities:
  • Configure and implement RMCS modules to support various revenue recognition scenarios, including contracts, performance obligations, pricing, and invoicing.
  • Participate in end-to-end implementations, starting from requirements gathering, system setup, solution design, testing, and deployment.
  • Work closely with stakeholders to map business requirements into RMCS functionalities and suggest best practices for revenue recognition.
  • Analyze, diagnose, and fix issues in RMCS configurations, data flows, and integration points.
  • Investigate and resolve defects or inconsistencies within the RMCS module and provide ongoing support and maintenance.
  • Manage and configure the integration between RMCS and other applications such as Oracle EBS, ensuring data consistency and process alignment.
  • Design and implement data migration strategies and integration points for various use cases involving contracts and revenue.
  • Ensure that RMCS configurations comply with revenue recognition standards such as ASC 606 / IFRS 15.
  • Implement revenue accounting rules, contract modifications, and handle complex revenue recognition scenarios in RMCS.
  • Develop comprehensive documentation for configurations, customizations, and issue resolutions.
  • Create test cases, execute unit and system testing, and validate results to ensure seamless integration and functionality.
  • Conduct root cause analysis and implement proactive measures to minimize recurring issues.
  • Collaborate with the finance, IT, and operations teams to understand revenue-related processes and implement suitable solutions.
  • Work with functional and technical teams to develop and enhance integration flows between RMCS, EBS, and other third-party applications.
  • Provide end-user support and training on RMCS modules, guiding users through new functionalities, process flows, and system optimizations.
  • Act as the primary point of contact for RMCS issues and coordinate with Oracle support for complex technical problems.
Requirements:
  • Experience: 4 to 10 years of experience in Oracle RMCS (Revenue Management Cloud Service) with proven skills in both functional and technical areas.
  • Techno-Functional Expertise: Strong understanding of RMCS configuration, technical setup, and integration points with Oracle EBS.
  • Technical Skills: Proficiency in RMCS configurations, revenue rules, and contract setups. Good understanding of Oracle EBS modules like Order Management, AR, and GL. Ability to write SQL queries, PL/SQL procedures, and experience with Oracle Integration Cloud (OIC) or similar integration tools. Hands-on experience in handling scripts, data mapping, and custom technical developments.
  • Problem-Solving Skills: Ability to troubleshoot complex technical issues and work independently to resolve them.
  • Revenue Compliance: Knowledge of revenue recognition standards like ASC 606 / IFRS 15 is a must.
  • Education: Bachelor's degree in Computer Science, Information Systems, Finance, or a related field.
Preferred Skills:
  • Prior experience in Oracle ERP implementations or RMCS upgrades.
  • Understanding of finance and accounting processes.
  • Exposure to Oracle Cloud Financials and other revenue management tools.
  • Certification in Oracle Revenue Management Cloud Service is a plus.
Personal Attributes:
  • Strong communication skills, both verbal and written.
  • Ability to work in a collaborative team environment.
  • Proactive, analytical mindset with a focus on continuous improvement.
Compensation:

Competitive salary based on experience and qualifications, with performance-based bonuses and benefits.

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