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.