TCS is Hiring Oracle RMCS (Revenue Management Cloud Service) Functional Consultant

Location: PAN India

Experience: 6+ Years

Job Summary

We are seeking an experienced
Oracle RMCS Functional Consultant
with expertise in
Revenue Management Cloud Service (RMCS)
and robust knowledge of
ASC 606 / IFRS 15 Revenue Recognition standards
. The consultant will be responsible for implementing, configuring, and supporting Oracle RMCS solutions, working closely with Finance, Accounting, and Business stakeholders to automate and optimize revenue recognition processes.

Key Responsibilities
- Implement and support Oracle Revenue Management Cloud Service (RMCS).
- Analyze business requirements related to revenue recognition and accounting compliance.
- Configure RMCS rules for revenue allocation, contract identification, and performance obligations.
- Support ASC 606 and IFRS 15 compliance initiatives.
- Configure Standalone Selling Prices (SSP)



and Revenue Allocation rules.
- Manage contract modifications, revenue adjustments, and revenue schedules.
- Collaborate with Finance, Order Management, Subscription Management, and Project Billing teams.
- Perform SIT, UAT, go-live, and post-production support activities.
- Prepare functional specifications and business process documents.
- Support integrations with Oracle Fusion Financials and related applications.

Must-Have Skills
- Oracle RMCS (Revenue Management Cloud Service)
- ASC 606 Revenue Recognition
- IFRS 15 Compliance
- Revenue Recognition & Revenue Accounting
- Standalone Selling Price (SSP)
- Performance Obligations
- Oracle Fusion Financials
- Revenue Allocation Rules
- Contract Modifications
- Business Requirement Gathering & Functional Design

📌 Oracle RMCS (Mumbai)
🏢 Tata Consultancy Services
📍 Mumbai