Key Responsibilities
- Implement and configure
Oracle Revenue Management Cloud Service (RMCS)
based on business and accounting requirements.
- Configure revenue recognition processes in accordance with
ASC 606 / IFRS 15
.
- Design and configure
Revenue Contracts, Performance Obligations, Revenue Recognition Rules, and Accounting Rules
.
- Configure standalone selling price (SSP) and revenue allocation processes.
- Manage revenue arrangements, contract modifications, satisfaction events, and revenue recognition schedules.
- Integrate RMCS with
Order Management, Accounts Receivable, General Ledger, and other Oracle Financials modules
.
- Support end-to-end
Order-to-Cash (O2C) and Revenue-to-Report
processes.
- Analyze revenue accounting requirements and translate them into Oracle RMCS configurations.
- Work with business and finance stakeholders to define revenue recognition policies and accounting treatments.
- Perform functional testing, SIT, UAT, defect resolution, deployment, and production support.
- Prepare functional specifications, configuration documents, test scripts,
and user documentation.
- Troubleshoot revenue accounting and integration issues and provide root-cause analysis.
- Support month-end and period-close activities related to revenue recognition.
Mandatory Skills
- Strong hands-on experience in
Oracle Revenue Management Cloud Service (RMCS)
.
- Strong understanding of
ASC 606 and IFRS 15
revenue recognition principles.
- Experience configuring revenue contracts and performance obligations.
- Knowledge of SSP determination and revenue allocation.
- Strong understanding of
Order-to-Cash (O2C)
processes.
- Experience integrating RMCS with
Oracle Receivables (AR) and General Ledger (GL)
.
- Strong Oracle Financials / Revenue Accounting functional knowledge.
- Experience in Oracle Cloud implementation and production support.
Positive to Have
- Experience with
Oracle Cloud Order Management
.
- Knowledge of Oracle Subscription Management.
- Experience wit