Oracle Finance Costing Consultant

Job Description

System Implementation: Lead the implementation of Oracle Financial modules with a primary focus on costing functionalities, ensuring alignment with business requirements. Costing Analysis: Conduct thorough analysis of costs and pricing strategies; develop cost structures and performance metrics that support decision-making processes. Configuration and Customization: Configure and customize Oracle modules to meet specific organizational needs; provide recommendations for efficiency and improvements. User Training and Support: Develop training materials and conduct training sessions for end-users to enhance their understanding of costing modules and processes. Provide ongoing support and troubleshooting for user queries. Data Management: Manage costing data integrity and accuracy within the Oracle system; perform regular reviews and reconciliations. Integration Management: Collaborate with IT and other departments to ensure successful integration of costing modules with other financial systems and processes. Reporting: Create and maintain financial reports that provide insights into costing and performance; assist in the development of dashboards for management reporting. Collaboration: Work with finance, accounting, and operations teams to identify costing issues and provide analytical support to guide strategic business decisions. Qualifications: Bachelor s degree in Finance, Accounting, Business Administration, or a related field; MBA or relevant certification preferred. Proven experience (minimum 3 years) as an Oracle Finance Consultant with a focus on costing modules. Strong understanding of accounting principles, financial analysis, and cost management practices. Proficiency in Oracle Financials, including but not limited to: Oracle Cost Management and Oracle Financial Services Analytics. Excellent analytical and problem-solving skills with a keen attention to detail. Strong communication and interpersonal skills to effectively collaborate with various stakeholders. Ability to manage multiple projects and meet deadlines in a fast-paced environment. Relevant certifications such as Oracle Certified Professional (OCP) or similar are a plus. What We Offer: Competitive salary and performance-based bonuses. Comprehensive benefits package including health, dental, and retirement plans. Opportunities for professional development and advancement. A supportive and inclusive work environment that values innovation and collaboration. Job Title: Oracle Finance Costing Consultant Roles and Responsibilities: 1. Costing Implementation: Lead the design and implementation of Oracle Costing modules including Oracle Cost Management (OCM). Analyze existing costing processes and recommend improvements or enhancements to optimize efficiency. 2. Financial and Cost Analysis: Conduct detailed cost analysis to assess cost structures, variances, and profitability. Generate and analyze costing reports to provide insights into financial performance and decision-making. 3. System Configuration and Customization: Configure Oracle Cost Management modules based on business requirements and best practices. Develop and implement custom solutions as needed to meet specific client needs. 4. Data Integration and Management: Ensure accurate integration of costing data from various sources into the Oracle system. Maintain data integrity and accuracy within the costing application. 5. User Training and Support: Design and facilitate training programs for end-users on Oracle Costing functionalities. Provide ongoing support and troubleshooting for users to resolve technical issues related to costing processes. 6. Collaboration with Cross-Functional Teams: Work closely with finance, accounting, supply chain, and other departments to ensure alignment of costing practices with organizational goals. Collaborate with IT teams to ensure system performance and availability. 7. Regulatory Compliance: Ensure compliance with relevant accounting standards and regulations related to costing and financial reporting. Stay updated on changes in financial regulations and accounting practices. 8. Continuous Improvement: Identify opportunities for process improvements and automation within costing methodologies. Participate in ongoing training and professional development to stay current with Oracle applications and industry best practices. 9. Documentation and Reporting: Document all costing processes, system configurations, and methodologies for reference and compliance. Prepare and present reports to stakeholders regarding costing assessments and recommendations. 10. Project Management: Lead and manage costing projects from initiation through to completion. Coordinate project timelines, resources, and deliverables, ensuring projects are completed on time and within budget. *Note: The specific duties may vary based on the organization and may include additional responsibilities as deemed necessary.*