Oracle Fusion finance FUnctional Consultant

Roles and responsibilities

• Must have 8+ years of experience with a minimum of 2 full cycles implementation on Oracle Fusion +EBS finance stream.
• At least 2 full implementations experience as a functional consultant in Oracle fusion financial modules (AR, AP, FA, CM, GL, Exp, Tax & Intercompany) with Reporting and Data migration experience within the implementation & Support projects.
• Implementation & support of EBS R12 along with fusion is preferred.
• Good Functional knowledge in all oracle ERP cloud Finance modules.
• Knowledge of ERP table structures & Helping Oracle Technical team on development/customizations
• Should have Hands-on PL/SQL preferred.
• Ability to work independently and manage multiple task assignments while meeting project timelines and delivering an exceptional client experience.
• Experience in documenting the requirement documents, business process workflows, data requirement documents, technical documents.
• Understand Business requirements and recommend IT solutions.
• Review system configurations, setup, and deployment of solution.
• Prepare and review functional design documents, user manuals etc.
• Should have experience of Stakeholder management.
• Incident Management, Resolving issues in the provided SLA along with managing ITSM.
• Excellent communication and presentation skills. Should have worked in Onsite-Offshore working model.
• SmartView, FRS, OTBI Report & Dashboards (simple) development knowledge preferable.
• Must have accounting, finance as part of graduation education or Post graduation (i.e B.com, M.Com, MBA (Fin), CA, CMA or any equivalents)

Desired candidate profile

• Requirement Gathering & Analysis:

  • Collaborating with business stakeholders to understand their financial processes and requirements.
  • Analyzing business processes and mapping them to Oracle Fusion Financials modules.
  • Translating business needs into functional specifications and technical requirements.

• Oracle Fusion Financials Implementation:

  • Leading or supporting the implementation of Oracle Fusion Finance modules, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Cash Management, Fixed Assets, Procure-to-Pay (P2P), and Order-to-Cash (O2C).
  • Configuring Oracle Fusion Financial modules to meet client needs, ensuring proper setup of business rules and workflows.
  • Managing the financial aspects of the implementation, including data migration and integration with other Oracle modules (e.g., HR, Procurement, etc.) or third-party systems.

• System Configuration and Customization:

  • Configuring chart of accounts, sub-ledgers, and financial periods.
  • Setting up journal entries, payment processes, and accounting rules in Oracle Fusion.
  • Working on tax configurations, multi-currency, and intercompany accounting setups.
  • Customizing reports and dashboards to meet business and financial reporting requirements.

• Testing and Quality Assurance:

  • Leading or participating in unit testing, integration testing, and user acceptance testing (UAT) to ensure that the system functions as expected.
  • Validating data migration from legacy systems to Oracle Fusion Financials.
  • Ensuring that all financial controls and compliance requirements are met.

• Training and Support:

  • Providing training to end-users on Oracle Fusion Financials features, functionalities, and best practices.
  • Offering post-implementation support to troubleshoot issues, answer queries, and refine configurations based on user feedback.

• Reporting and Analytics:

  • Developing custom financial reports, including balance sheets, income statements, and other financial performance metrics.
  • Using Oracle Fusion’s built-in reporting tools (like Oracle Transactional Business Intelligence (OTBI) and Oracle Financial Reporting Studio) to generate real-time insights.

• Compliance and Best Practices:

  • Ensuring adherence to GAAP, IFRS, or other regional financial regulations and compliance standards.
  • Applying industry best practices in financial management and aligning Oracle Fusion configurations with organizational policies.

• Integration and Data Management:

  • Managing integrations with other systems, such as CRM, ERP, and external banking systems.
  • Working with data migration tools (like Oracle Data Integrator or FBDI) for accurate transfer of financial data.