Oracle Finance Techno Functional Consultant

Should have deep functional knowledge of Project Accounting and hands-on experience across Core Finance modules including Accounts Payable (AP), Accounts Receivable (AR), General Ledger (GL), Fixed Assets (FA), Cash Management (CM), and Subledger Accounting (SLA). The candidates should be able to do OTBI, BIP reports.

1. On Project accounting (PA), the person should be aware of the following:

• Project Setup & Structure: Create projects, tasks, and financial plans with templates and classifications for streamlined setup.
• Costing & Accounting: Capture, adjust, and account for project costs from AP, Payroll, Inventory, and Timecards using SLA rules. How to manage expenses for different projects
• Billing & Revenue: Generate invoices for Time & Materials, Fixed Price, or Milestone billing; integrate with AR for revenue recognition.
• Budgeting & Forecasting: Maintain budgets and forecasts, monitor actuals vs. plan, and perform variance analysis.
• Capital Projects & Reporting: Capitalize project costs into assets (FA integration) and leverage real-time dashboards and OTBI analytics for performance tracking.

1. In Core Finance, the person should be skilled in the following:

• Provide functional expertise in AP, AR, GL, FA, CM, and SLA for end-to-end business processes.
• Accounts Payable (AP): Manage supplier invoices, payments, and expense reports with automated matching and approval workflows.
• General Ledger (GL): Maintain chart of accounts, post journals, and perform period close with real-time financial reporting.
• Fixed Assets (FA): Track, depreciate, and retire assets; integrate with AP for asset acquisition and with Projects for capitalization.
• Cash Management (CM): Reconcile bank statements, manage cash positions, and forecast liquidity for better treasury control.
• Subledger Accounting (FAH): Define accounting rules for all subledgers, ensuring compliance and consistent posting to GL.