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.