Cost Management Service Specialist

2 days ago

Bengaluru, Karnataka, India beBeeCostManagementService Full time ₹ 12,00,000 - ₹ 18,00,000
Job Title: Cost Management, Inventory and Payables/Receivable Service Specialist

We are seeking an experienced professional to join our team as a Cost Management, Inventory and Payables/Receivable Service Specialist. The ideal candidate will have strong technical skills in Oracle Fusion ERP, specifically within the P2P domain.

The role involves supporting various costing methods, maintaining subledger integrations, troubleshooting technical and integration issues, and ensuring operational governance to maintain seamless business operations.

Key responsibilities include managing and supporting various costing methodologies, including Standard Costing, Average Costing, FIFO, and LIFO.

Maintain and monitor subledger accounting (SLA) integrations with financial systems to ensure accuracy and compliance.

Provide subject matter expertise in inventory valuation and resolve issues related to transaction impacts on cost layers.

Support Work in Process (WIP) and Bills of Material (BOM) costing operations.

Analyze and address cost variances encountered during daily business operations.

Design, develop, and optimize SQL and PL/SQL queries to extract and analyze cost-related data from Oracle tables.

Debug and enhance PL/SQL procedures, packages, and functions involved in cost calculations.

Receive, evaluate, and prioritize production support tickets, ensuring timely and effective resolution.

Deliver high-quality solutions and guidance to end users.

Document resolution processes and maintain a comprehensive knowledge base for future reference.

Support system upgrades, patches, and performance tuning activities.

Monitor system performance metrics and recommend enhancements for improved efficiency and stability.


Required Skills & Qualifications:

I. Cost Management Support

  • Expertise in Oracle Fusion Applications, specifically within the P2P domain.
  • Strong understanding of procurement processes, supplier relationship management, and accounts payable workflows.
  • Hands-on configuration and maintenance experience with Oracle Fusion ERP.

II. Technical Troubleshooting – Costing

  • Analyze cost distributions and transaction accounting issues.
  • Debug and resolve costing discrepancies and period close errors.
  • Utilize FND Diagnostics, trace files, and debug logs to investigate costing issues.
  • Support the period close process in Oracle Cost Management.
  • Reconcile Inventory Valuation Reports with the General Ledger.
  • Identify and resolve cost variances during month-end close.
  • Apply deep knowledge of costing tables (e.g., CST_COST_HISTORY, CST_COST_TYPE, MTL_TRANSACTION_ACCOUNTS).

III. Technical Troubleshooting – Integrations

  • Maintain and troubleshoot integration points between Oracle Inventory, Purchasing, Order Management, and General Ledger (GL).
  • Support Payables/Receivables intercompany transactions and reconciliation processes.
  • Ensure accurate and seamless data flow between integrated modules.

IV. Operational Governance

  • Participate in change management activities, including maintaining SOPs, process documentation, and performing impact assessments for updates.
  • Support Quarterly Cloud Updates readiness assessments and perform regression testing to ensure business continuity.
  • Ensure financial data accuracy, SOX compliance, and adherence to internal controls.

Preferred Qualifications & Experience:
  • Bachelor's degree in Engineering, IT, Supply Chain, Finance, or related field.
  • Minimum 6 years' experience in Oracle Fusion ERP (Cost Management, Inventory, Financial modules).
  • Oracle certification, SQL/PLSQL expertise, and knowledge of multiple Fusion modules preferred.

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