Finance Consultant

Oracle Fusion Financials Functional Consultant – RMCS

Experience: 5 - 10 Years

Work location: Bangalore / Hyderabad

Job Description:

We are seeking an experienced Oracle Fusion Financials Functional Consultant specializing in Oracle Revenue Management Cloud (RMCS) . The role involves implementing, configuring, and supporting RMCS functionalities aligned with IFRS 15 / ASC 606 compliance requirements, ensuring seamless integration with upstream and downstream financial modules.

Responsibilities:

• Lead end-to-end implementation and support engagements for Oracle RMCS Cloud.
• Collaborate with business stakeholders to gather and document revenue recognition requirements .
• Configure RMCS components, including:
• Performance Obligations and Satisfaction Events
• Revenue Contracts, Standalone Selling Prices (SSP)
• Revenue Allocations, Schedules, and Adjustments
• Manage integration between RMCS and sub-ledger systems (AR, Projects, Order Management, Subscriptions, etc.).
• Support data migration, validation, and reconciliation for revenue contracts and transactions.
• Work with Accounting Hub (AHCS) and General Ledger (GL) for end-to-end accounting flow.
• Develop test scripts , conduct UAT , and deliver user training .
• Prepare functional design documents , solution blueprints, and support documentation.
• Collaborate with technical teams for reports, BI Publisher layouts, and custom integrations .
• Stay updated on latest Oracle RMCS releases and compliance updates .

🔹 Required Skills

• Strong functional expertise in Oracle Revenue Management Cloud (RMCS) .
• In-depth understanding of Revenue Recognition principles (IFRS 15 / ASC 606) .
• Experience integrating RMCS with AR, Projects, Order Management, and Subscriptions .
• Hands-on experience with RMCS configurations , rules setup, and accounting events.
• Proficiency in BI Publisher, OTBI, and FRS for financial reporting.
• Knowledge of Accounting Hub (AHCS) and Subledger Accounting (SLA) .
• Excellent documentation, analytical, and communication skills.

🔹 Preferred Skills

• Experience with multiple Fusion Cloud Financials modules (GL, AP, AR, FA).
• Oracle Fusion certification in Financials or RMCS .
• Prior experience in multi-entity or global implementations .
• Familiarity with OIC (Oracle Integration Cloud) for RMCS data integration.