Oracle Financials Functional Consultant

Position Title: Oracle Financials Functional Consultant

Location: Kingdom of Saudi Arabia (Only candidates currently residing in KSA with a Transferable Iqama will be considered)

Employment Type: Contract-based (with potential transition to a permanent role)

Compensation: Salary and benefits are market competitive

Job Description:

We are hiring on behalf of our client for the position of Oracle Financials Functional Consultant. The selected candidate will support a large-scale transformation project focused on automating financial workflows, enabling accrual-based accounting, and improving data integration across procurement, assets, and finance.

Key Responsibilities:

• Design and implement Oracle-based workflows covering Contract ➝ PO ➝ Receipt ➝ Fixed Asset ➝ GL
• Develop and configure expense recognition and deferral schedules
• Configure Oracle Fusion Financials to:
• Enforce Chart of Accounts validation and financial dimensions
• Automate asset creation upon goods receipt
• Enable deferral schedules and monthly amortization entries
• Integrate inventory valuation methods (FIFO / Weighted Average) with GL
• Collaborate with cross-functional teams (finance, procurement, asset management, IT) to gather requirements, document processes, and drive improvements
• Prepare BRDs, MD50/BR100 configuration documents, UAT scripts, and training materials
• Support audit readiness through workflow controls, journal automation, and reporting accuracy

Qualifications:

• Bachelor’s degree in Accounting, Finance, MIS, or a related field
• Minimum 5 years of hands-on experience implementing Oracle Fusion Cloud Financials
• Strong expertise in GL, AP, FA, and Procurement modules
• Solid understanding of accrual accounting principles and financial operations
• Proven experience configuring expense recognition schedules, asset capitalization, and inventory valuation methods

Preferred Skills:

• Familiarity with IPSAS or similar accounting frameworks
• Experience in public-sector or RFP-based projects
• Strong documentation, process mapping, and training capabilities
• Exposure to BI tools such as Power BI or Oracle Analytics

Job Type: Full-time