Oracle Finance Functional Job Description Template
The Oracle Finance Functional position is crucial for optimizing finance processes within Oracle ERP systems. The role involves configuring, implementing, and maintaining Oracle Financial modules to ensure the accuracy and efficiency of accounting, reporting, and compliance tasks, supporting the organization's strategic financial goals.
Responsibilities
- Configure and maintain Oracle Financial modules such as General Ledger, Accounts Payable, Accounts Receivable, Cash Management, and Fixed Assets.
- Collaborate with cross-functional teams to analyze business requirements and design finance solutions within Oracle ERP.
- Provide ongoing support and troubleshoot issues related to Oracle Financial modules.
- Conduct user training sessions to ensure effective utilization of Oracle Financial systems.
- Develop and implement process improvements to enhance financial reporting and compliance.
- Assist in financial system upgrades and implementations, ensuring minimal disruption to operations.
- Prepare and maintain comprehensive documentation for system configurations, processes, and procedures.
Qualifications
- Bachelor’s degree in Finance, Accounting, Information Systems, or a related field.
- Proven experience working with Oracle Financial ERP systems.
- Strong understanding of financial processes and accounting principles.
- Ability to translate business requirements into system solutions.
- Excellent analytical and problem-solving skills with attention to detail.
- Strong communication and interpersonal skills.
Skills
- Oracle Financial modules (GL, AP, AR, CM, FA)
- Oracle ERP configuration and implementation
- Financial reporting and compliance
- Business process analysis
- Troubleshooting and problem resolution
- User training and support
- Documentation and process improvement
Frequently Asked Questions
An Oracle Finance Functional consultant specializes in implementing and managing Oracle E-Business Suite Financial modules. They bridge the gap between technical developers and financial departments by understanding financial processes and transforming them into Oracle applications solutions. Key responsibilities include configuring the system, providing end-user training, and offering support during and after deployment to optimize financial operations and ensure compliance.
To become an Oracle Finance Functional consultant, one should possess a strong background in finance or accounting, ideally with a bachelor's degree in finance, accounting, or information systems. Experience with financial software and ERP systems is crucial. Certification in Oracle E-Business Suite Financials also enhances credibility. Candidates often start in finance roles and then transition to consulting positions, gaining experience in Oracle implementations and variations.
The average salary for an Oracle Finance Functional consultant varies by location and experience level, but they generally command a competitive remuneration due to the specialized nature of the role. Senior consultants typically earn more, reflecting their deeper expertise in Oracle E-Business Suite and broader experience in financial systems implementation. Additionally, certified consultants can often negotiate higher salaries for their proven skills and knowledge.
Qualifications for an Oracle Finance Functional consultant role typically include a degree in finance, accounting, or a related field, as well as professional certifications like Oracle E-Business Suite Financials certification. Practical experience in financial process management and enterprise resource planning (ERP) systems is essential. Strong analytical skills and the ability to translate financial requirements into Oracle system capabilities are also critical for success in this role.
An Oracle Finance Functional consultant should have in-depth knowledge of Oracle Financial modules and strong analytical skills to assess complex business requirements. Key responsibilities include configuring Oracle Financial modules, streamlining financial processes, and ensuring module alignments with business needs. Excellent communication and stakeholder management skills are vital to collaborate effectively with both IT teams and financial departments, delivering optimal Oracle system solutions.