Job Title: Oracle Fusion Cloud Finance Functional Consultant
- Revenue Management (RMCS) Employment Type: Full-time / Contract Seniority Level: Mid-Senior level Job Function: Consulting, Information Technology, Finance Workplace Type: Hybrid / Remote (Pan India
- Any Major Location) Industry: IT Services and IT Consulting Skills / Tags for RPS Algorithm Matching Oracle Fusion Financials, Oracle RMCS, Revenue Management Cloud Service, ASC 606, IFRS 15, Accounts Receivable (AR), Order Management (OM), Application Support, Financial Reconciliation. Role Overview: We are seeking an experienced Oracle Fusion Cloud Finance Functional Consultant specializing in Revenue Management (RMCS) for an enterprise application support and maintenance engagement. This role focuses on post-implementation functional support, incident triage, period-end close reconciliations, regulatory compliance (ASC 606 / IFRS 15), and continuous process improvement across global financial operations.
Key Responsibilities
• Deliver L2/L3 functional support for Oracle Fusion Revenue Management Cloud Service (RMCS) and integrated financial modules within strict SLA timelines.
• Investigate, troubleshoot, and resolve system and configuration issues; raise and manage Service Requests (SRs) via My Oracle Support to drive timely resolutions.
• Drive period-end financial close activities, revenue recognition schedules, and subledger-to-GL reconciliations.
• Analyze business change requests; implement and test configuration updates, bug fixes, and quarterly Oracle Cloud release enhancements.
• Ensure revenue processes, performance obligations, and accounting treatments strictly align with corporate controls and ASC 606 / IFRS 15 standards.
• Validate and monitor touchpoints across Order Management, Billing, Accounts Receivable, and GL.
• Maintain functional documentation, SOPs,
and user aids; conduct knowledge-transfer sessions for global finance business users. Required Qualifications & Competencies:
• 5+ years of hands-on functional experience supporting or implementing Oracle Fusion Cloud Financials.
• Direct, verified functional experience in Oracle Fusion Revenue Management Cloud Service (RMCS).
• Working knowledge of revenue recognition standards (ASC 606 and IFRS 15) and their functional setup in Oracle Cloud.
• Proven background in production support, ticket lifecycle management, root cause analysis, and period-end close operations.
• Transparent understanding of integration flows between RMCS, Accounts Receivable, Billing, and Order Management.
• Strong analytical, communication, and stakeholder-facing capabilities. Preferred
Qualifications:
• Oracle Cloud Financials or RMCS Implementation Specialist certification.
• Working knowledge of enterprise ticketing systems such as ServiceNow, Jira, or BMC Remedy.
• Understanding of SOX controls and ITIL support frameworks. LinkedIn RPS Screening Questions (Recommended Filters)
• How many years of functional experience do you have with Oracle Fusion Revenue Management Cloud Service (RMCS)?
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• Ideal Answer: 3+ years
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• Qualification Type: Must-have filter
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• Do you have hands-on experience managing revenue contracts and accounting rules under ASC 606 or IFRS 15 within Oracle Cloud?
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• Ideal Answer: Yes
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• Qualification Type: Must-have filter
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• Are you open to working in application support (AMS) covering global financial operations and period-end close cycles?
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• Ideal Answer: Yes
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• Qualification Type: Must-have filter
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• Are you certified as an Oracle Cloud Financials or Revenue Management Implementation Specialist?
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• Ideal Answer: Yes
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• Qualification Type: Preferred (Nice-to-have)
📌 Oracle Financial Functional Consultant (Hyderabad)
🏢 Ibu
📍 Hyderabad