Cost Management Engineer

4 days ago

Hyderabad, Telangana, India beBeeService Full time US$ 7,000 - US$ 9,000

Job Description

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  • As a Service Engineer, you will be responsible for providing comprehensive production support for Oracle Fusion Cost Management, Oracle Fusion Inventory, and integrations with Payables/Receivables modules.
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Key Responsibilities:

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  • Support various costing methods including Standard Costing, Average Costing, FIFO,LIFO, and other methodologies
  • Maintain subledger accounting (SLA) integrations with financial systems
  • Provide expertise for Inventory Valuation and troubleshoot how transactions impact cost layers
  • Support Work in Process (WIP) and Bills of Material (BOM) costing operations
  • Analyze and troubleshoot cost variances during daily operations
  • Develop and optimize SQL & PL/SQL queries to extract cost-related data from Oracle tables
  • Debug PL/SQL procedures, packages, and functions used in cost calculations
  • Receive, analyze, and prioritize related support tickets
  • Provide timely solutions to users
  • Document resolution steps and knowledge base articles
  • Support system upgrades and patches
  • Monitor system performances and recommend improvements
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Technical Troubleshooting:

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  • 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 General Ledger
  • Identify and resolve cost variances during month-end close
  • Maintain and troubleshoot integration points between Oracle Inventory, Purchasing, Order Management, and General Ledger (GL)
  • Support Payables/Receivables Intercompany transactions and reconciliation processes
  • Ensure seamless data flow between integrated modules
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Operational Governance:

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  • Participate in Change Management activities including maintaining SOPs, process documentation, and impact assessments for updates
  • Support Quarterly Cloud Updates Readiness assessments, perform regression testing, and ensure business continuity
  • Ensure financial data accuracy, SOX compliance, and internal control adherence
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Required Skills and Qualifications:

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  • 5+ years of experience in Oracle Fusion Cost Management, Inventory, and integrations with Payables/Receivables and Supply Chain Orchestration modules
  • Knowledge of costing methods (Standard Costing, Average Costing, FIFO, LIFO)
  • Experience with subledger accounting (SLA) and its integration with financials
  • Proficiency in Inventory Valuation and understanding of cost layers
  • Familiarity with Work in Process (WIP) and Bills of Material (BOM) costing
  • Experience with Oracle SQL & PL/SQL, including writing and optimizing queries
  • Understanding of Oracle costing tables structure and relationships
  • Proven ability to debug PL/SQL procedures and troubleshoot complex costing issues
  • Experience with period close processes and reconciliation activities
  • Knowledge of SOX compliance requirements related to financial systems
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Benefits:

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No benefits information available

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Others:

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No others information available

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