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.