Oracle Financial Systems Specialist
3 days ago
The role of a Senior Financial Consulting Expert involves providing strategic guidance to organizations in the implementation and optimization of their financial systems. The ideal candidate will have extensive experience in functional consulting, with a strong background in Oracle E-Business Suite (EBS) Financials and Oracle Revenue Management & Billing (ORMB).
Key Responsibilities:
- Act as Subject Matter Expert on Oracle EBS (SME) Financials (GL, AP, AR, FA, CM, SLA) and Revenue Management and Billing (ORMB) modules.
- Possess hands-on experience with Oracle E-Business Suite Release 12, with strong knowledge of Revenue Management and Billing (ORMB) functionalities, configuration, and testing.
- Configure Oracle EBS Modules (GL, AP, AR, FA, CM) and Oracle RMB (Billing, Contracts, Pricing, Rating, Invoicing) as per business needs.
- Participate in Oracle EBS to Cloud migration or upgrade initiatives.
- Drive issue resolution and root cause analysis across P2P and O2C business cycles.
- Diagnoses and resolves complex application issues, working with clients (primarily internal, occasionally external), other IT departments and suppliers as appropriate.
- Works autonomously to recreate problems and identify necessary fixes using a variety of software tools and resources.
- Manage multiple priorities in a fast-paced environment, providing Tier-3 functional support when required.
- Flexibility in supporting production, upgrades, changes, and user support via on-call rotation.
- Supporting key business processes/activities including Month end and Year end support activities to Business users.
- Partners with business and technology managers to elicit, analyze, translate, and document business requirements into technical requirements.
- Proficient in writing Functional Design Documents.
- Experience in mapping business requirements, gap analysis and preparation of Functional/Technical Design documents.
- Effectively resolve problems and roadblocks as they occur, consistently following through on details while driving innovation as well as issue resolution and anticipate and prevents problems before they occur.
- Ensure data integrity and reconciliation between upstream and downstream systems.
- Utilizing past experience to implement innovative approaches to help improve business processes and system performance.
- Manage multiple tasks simultaneously, prioritize workload effectively, and thrive in a dynamic environment.
Qualification Criteria:
- 10+ years of functional consulting experience in Oracle E-Business Suite (EBS) Financials and Oracle Revenue Management & Billing (ORMB).
- Strong understanding on Revenue Recognition principles (ASC 606, IFRS 15) and Oracle Financials Accounting Hub (FAH).
- Supporting experience for the revenue recognition Process, billing process, including generating invoices, resolving billing/Revenue Management issues, and ensuring accurate revenue recognition.
- Proficient in end-to-end business cycles including P2P and O2C Cycle.
- Skilled in preparing BR100, MD50, TE40 and functional test scripts.
- Solid understanding of US GAAP or international accounting standards.
- Hands on experience with integration tools and middleware (preferred).
- Experience with Oracle 12.2 Upgrades.
- Demonstrated ability to work with distributed teams across multiple time-zones.
- Ability to clearly describe end-to-end business processes and the key integration points, work cross-functionally across different business processes within an organization, and knowledge of challenges faced by implementation teams.
- Must be highly self-motivated with strong organizational skills, outstanding analytic skills and polished facilitation skills, stakeholder management.
- Strong communication, presentation and client facing skills, with proven success in resolving issues and improving business processes.
- Exposure to robotic process automation, natural language processing, data analytics (Not essential).
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