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Oracle RMCS Functional Consultant

PublishedPublished: 6/14/2022
Technology

Job Description

Role: Oracle RMCS Functional Consultant

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This role requires the consultant to work in the USA or Canada.

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The consultant will be responsible for:

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  • Validating revenue contracts and performance obligations.
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  • Monitoring RMCS interfaces and data loads from source systems such as Oracle EBS, Oracle Fusion, Salesforce, CPQ, and other integrated applications.
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  • Performing Root Cause Analysis (RCA) for recurring system and process issues.
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  • Monitoring contract identification and contract modification processing.
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  • Troubleshooting revenue recognition issues and ensuring timely resolution.
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  • Analyzing revenue accounting entries and reconciliation-related issues.
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  • Reviewing business requirements and assessing functional and technical impacts.
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  • Preparing functional specifications for system enhancements and change requests.
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  • Conducting gap analysis and recommending appropriate business solutions.
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  • Generating revenue reports, dashboards, and management insights.
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  • Supporting internal and external audit requests by providing required documentation and analysis.
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Required Skills

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  • Strong experience in Oracle RMCS (Revenue Management Cloud Service).
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  • Good understanding of ASC 606 / IFRS 15 revenue recognition principles.
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  • Experience integrating RMCS with Oracle EBS, Oracle Fusion, Salesforce, CPQ, and related source systems.
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  • Expertise in revenue accounting, reconciliations, and troubleshooting revenue recognition processes.
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  • Ability to prepare functional specifications and perform business analysis activities.
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  • Strong communication and stakeholder management skills.
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