Oracle Finance Functional Consultant Job Description Template
The Oracle Finance Functional Consultant will work closely with financial stakeholders to implement and manage Oracle Financials applications. This includes understanding business requirements, conducting detailed functionality analysis, configuring the system, and providing ongoing support to optimize financial processes.
Responsibilities
- Analyze business requirements and develop functional specifications for Oracle Financials.
- Configure Oracle Financials modules to meet business needs.
- Conduct system testing and end-user training to ensure smooth implementation.
- Provide ongoing support and maintenance for Oracle Financials applications.
- Collaborate with IT and business teams to troubleshoot and resolve system issues.
- Develop and maintain documentation for system configurations and processes.
- Continuously monitor and optimize system performance.
- Participate in system upgrades and enhancements to ensure alignment with business goals.
Qualifications
- Bachelor's degree in Finance, Accounting, Information Systems, or a related field.
- Proven experience as an Oracle Finance Functional Consultant or similar role.
- In-depth knowledge of Oracle Financials modules such as GL, AP, AR, FA, and CM.
- Strong understanding of financial processes and accounting principles.
- Experience with full lifecycle Oracle Financials implementations.
- Excellent problem-solving and analytical skills.
- Strong communication and interpersonal abilities.
Skills
- Oracle Financials
- General Ledger (GL)
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Fixed Assets (FA)
- Cash Management (CM)
- SQL
- Business Analysis
- System Configuration
- Documentation
- Training and Support
Frequently Asked Questions
An Oracle Finance Functional Consultant specializes in implementing and managing Oracle Financials applications for organizations. They analyze business needs, configure software solutions, conduct workshops, and train users on financial modules. Their expertise helps streamline financial processes, improve data accuracy, and enhance reporting capabilities to support business objectives.
To become an Oracle Finance Functional Consultant, one typically needs a bachelor's degree in finance, accounting, or IT, alongside professional experience. Learning Oracle applications through certification programs is essential, with hands-on experience in modules such as General Ledger, Accounts Payable, and Accounts Receivable. Continuous learning and staying updated on the latest Oracle releases enhance expertise.
The average salary for an Oracle Finance Functional Consultant varies depending on experience, location, and industry. It is influenced by factors such as expertise in Oracle Financials, certifications, and the complexity of projects managed. Salaries tend to be competitive, with opportunities for growth based on skills and successful project delivery. Consulting firms and financial institutions often offer attractive compensation packages.
Key qualifications for an Oracle Finance Functional Consultant include a bachelor's degree in finance, accounting, or a related field, along with Oracle Financials certification. Practical experience with Oracle's financial modules, strong analytical skills, and an understanding of accounting principles are crucial. Familiarity with implementation methodologies and project management enhances the consultant's capability to deliver tailored solutions.
An Oracle Finance Functional Consultant must possess skills in Oracle Financials suite, problem-solving, project management, and communication. Responsibly, they gather requirements, configure modules, and ensure seamless software integration. They provide end-user training, resolve issues, and support financial process optimization. Key skills in analytical thinking, technical acumen, and client engagement are vital for success.