Strata
Website:
strataorg.com
Job details:
Job Title: Oracle Cloud RMCS
Experience: 5+ Years
Location: Remote (India)
About Us:
Strata is a technology solutions provider that offers strategy, architecture, and implementation services to help organizations meet their technology needs. At Strata, it's not just about the work - it's about the people. We believe in having a tight-knit family that fosters a culture of collaboration, creativity, and continuous learning. We celebrate diversity, encourage innovation, and empower our teams to sculpt their careers.
Strata offers you the opportunity to join a rapidly growing start-up consulting firm where there will be no limits on personal and professional growth. Join us in our mission to create meaningful connections and foster growth. Together, let's build something extraordinary. 🚀
Job Description:
We are seeking an experienced Oracle Fusion Cloud Revenue Management and Billing (RMCS) Functional Consultant to join our team. The ideal candidate will possess strong expertise in Oracle Fusion Financials, specifically Revenue Management (RMCS), with hands-on implementation and support experience.
Key Responsibilities:
- Lead and participate in Oracle Fusion RMCS implementation, enhancement, and support projects.
- Gather and analyze business requirements related to revenue recognition and contract management.
- Configure Oracle Fusion RMCS to support various revenue recognition scenarios.
- Design and implement customer contracts, performance obligations, revenue allocation, and satisfaction plans.
- Configure revenue scheduling, contract modifications, and variable consideration processes.
- Collaborate with Finance, Order Management, Subscription Management, Receivables, Projects, and Billing teams to ensure seamless end-to-end business processes.
- Perform functional testing, integration testing, and support User Acceptance Testing (UAT).
- Prepare functional design documents, configuration workbooks, test scripts, and training materials.
- Ensure Oracle RMCS configurations comply with ASC 606 and IFRS 15 revenue recognition standards.
Required Skills:
- 5+ years of Oracle ERP experience with strong expertise in Oracle Fusion Revenue Management Cloud Service (RMCS).
- Hands-on experience in at least 2 end-to-end Oracle Fusion RMCS implementations.
- Strong understanding of revenue recognition principles under ASC 606 and IFRS 15.
- Experience configuring:
- Revenue Contracts
- Performance Obligations
- Standalone Selling Price (SSP)
- Revenue Scheduling
- Revenue Allocation
- Contract Identification Rules
- Satisfaction Plans
- Contract Modifications
- Strong knowledge of Oracle Fusion Financials.
- Experience integrating RMCS with:
- Oracle Receivables (AR)
- Order Management (OM)
- Subscription Management
- Project Management (PPM)
- Billing applications
- Experience with functional documentation, CRPs, SIT, UAT, and production support.
- Strong analytical, communication, and stakeholder management skills.
At Strata, we’re proud to be an equal opportunity employer; where talent, creativity, and a great sense of humor are always welcome, no matter who you are or where you’re from. Let’s build something amazing together!
Click on Apply to know more.