Oracle Production Revenue System Engineer

2 weeks ago

Bengaluru, Karnataka, India beBeeRevenue Full time ₹ 8,00,000 - ₹ 15,00,000

Job Title:

Overview:

  • Ensure revenue recognition compliance and seamless system operations by troubleshooting and maintaining Revenue Contracts, Performance Obligations, and Standalone Selling Price (SSP) calculations.
  • Support ASC 606/IFRS 15 revenue recognition principles in production systems.
  • Troubleshoot issues with Revenue Deferrals, Revenue Allocations, and Adjustments.
  • Resolve discrepancies in accounting entries and ensure accurate Tax Calculation on AR Transactions.
  • Provide timely solutions to users and document resolution steps and knowledge base articles.

Receivables & Invoicing Support:

  • Troubleshoot Customer Invoicing, Credit Memos, and Adjustments.
  • Support AutoInvoice for importing transactions from external systems.
  • Resolve issues with Receipts Processing (Manual & Automatic), Lockbox, and Payment Matching.

Intercompany Process Support:

  • Maintain Intercompany Revenue Recognition and Transfer Pricing Rules.
  • Support Intercompany Invoicing between business units using Oracle Cloud Intercompany.
  • Ensure Intercompany Netting of payables and receivables using Oracle Cloud Payables (AP) and Oracle Cloud Receivables (AR).

Accounting & Period Close Support:

  • Reconcile AR Subledger with General Ledger (GL).
  • Support period-end revenue recognition and receivables close processes.

Technical Support:

  • Write and debug SQL queries for revenue contracts, AR transactions, intercompany transactions, and payment applications.
  • Troubleshoot integrations between financial modules and resolve slow AutoAccounting, Intercompany Processing, and Revenue Recognition Jobs.

Compliance, Audit & Reporting:

  • Support tax audits on revenue transactions, intercompany transactions, and customer payments.
  • Assist with SOX Audits, ensuring approvals, controls, and documentation are maintained.

Operational Support:

  • Utilize Oracle Support (MOS - My Oracle Support).
  • Access Oracle Knowledge Base, Release Notes, and Patches regularly.
  • Test and coordinate testing for quarterly Oracle Cloud updates.

Required Qualifications:

  • Strong understanding of ASC 606/IFRS 15 revenue recognition principles.
  • 5+ Experience with Oracle Cloud Revenue Management, Receivables, and Intercompany modules.
  • Knowledge of AutoInvoice, Payment Processing, and Collections functionality.
  • Proficiency in SQL and data analysis for troubleshooting financial issues.

Benefits:

  • The successful candidate will have the opportunity to work on complex technical projects, developing their skills and expertise.
  • They will be part of a dynamic team that is passionate about delivering high-quality solutions.
  • Opportunities for growth and professional development will be available.

Others:

  • The company offers a competitive compensation package, including salary and benefits.
  • A collaborative and inclusive work environment.

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