What are the responsibilities and job description for the Oracle Incentive Compensation Technical Specialist position at Dminds Solutions Inc.?
Job Details
Job Title: Oracle Incentive Compensation Technical Specialist
Location: New York, NY (Onsite Work from Office)
Employment Type: Contract
Work Authorization:- , & H1B
Job Description
We are seeking a highly skilled Oracle Incentive Compensation (OIC) Technical Specialist to support, enhance, and optimize our Oracle Incentive Compensation environment. This role requires strong technical expertise, hands-on development skills, and the ability to collaborate with business users to deliver scalable and efficient solutions. The selected candidate must be willing to work onsite from our New York office.
Key Responsibilities
- Provide technical design, development, and support for Oracle Incentive Compensation (OIC) modules.
- Work closely with business stakeholders to gather requirements and translate them into technical specifications.
- Develop, enhance, and maintain OIC components including payment plans, credit rules, compensation calculations, formulas, roles, and workflows.
- Perform integration work between OIC and other Oracle modules (e.g., Oracle Order Management, AR, GL).
- Write and optimize PL/SQL packages, procedures, functions, and APIs related to OIC.
- Troubleshoot calculation engine issues, payment processing errors, workflow failures, and data discrepancies.
- Create technical documentation, solution design documents, and code deployment plans.
- Participate in testing cycles, validation of crediting/compensation logic, and performance tuning.
- Collaborate with cross-functional teams (Finance, Sales Ops, IT) to ensure timely delivery of enhancements and fixes.
- Support production issues, provide root cause analysis, and propose long-term solutions.
Required Skills & Experience
- 10-18 years of technical experience in Oracle EBS or Oracle Cloud.
- 5 years of hands-on experience with Oracle Incentive Compensation (OIC).
- Strong proficiency in PL/SQL, OIC APIs, Fast Formulas, Discoverer/OTBI reports.
- Experience with OIC configurations:
- Compensation Plans
- Credit Rules & Credit Allocation
- Transaction Processing
- Calculation Engine
- Performance Measures & Payout Rules
- Prior experience integrating OIC with Order Management, AR, and other upstream/downstream modules.
- Strong analytical and debugging skills for incentive and crediting logic.
- Excellent communication and ability to work with business users onsite.
- Must be able to work from the New York office daily.
Preferred Qualifications
- Experience with Oracle Fusion Cloud Incentive Compensation (IC).
- Prior work in Sales Operations or Compensation Management teams.
- Exposure to DW/BI reporting for incentive analytics.