Oracle Formulas Specialist

5 days ago


Any Location, India HIC Global Solutions Full time
Job Title: Oracle Formulas Specialist

Job Summary:

We are seeking an experienced Oracle Formulas Specialist to join our team at HIC Global Solutions. The successful candidate will be responsible for designing, testing, and implementing Fast Formulas for payroll calculations, deductions, and time & labor tracking.

Key Responsibilities:

  • Design, test, and implement Fast Formulas for payroll calculations, deductions, and time & labor tracking.
  • Identify and resolve issues related to Fast Formulas, ensuring accurate payroll processing and compliance with regulations.
  • Create and maintain comprehensive documentation of all formulas, processes, and changes made to the payroll and time & labor systems.
  • Work closely with HR, payroll, and IT teams to gather requirements and ensure formulas meet business needs.
  • Provide training and support to HR and payroll staff on Fast Formulas and system functionalities.
  • Ensure all formulas comply with local, state, and federal payroll regulations and company policies.
  • Regularly review and optimize existing formulas for efficiency and accuracy.

Qualifications:

  • Bachelor's degree in Human Resources, Business Administration, or a related field.
  • Proven experience with Fast Formulas in Oracle HCM Cloud or similar HRIS systems.
  • Strong knowledge of payroll processing and time & labor management.
  • Excellent analytical and problem-solving skills.
  • Ability to work collaboratively in a team environment.
  • Strong attention to detail and organizational skills.
  • Effective communication skills, both verbal and written.


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