Oracle RMCS Implementation & Configuration Consultant

Description :Role : Oracle RMCS Implementation & Configuration- Lead or support end-to-end Oracle RMCS implementations across multiple business units/projects.Configure Oracle RMCS modules including :1.Revenue Contracts2. Performance Obligations3. Revenue Recognition Rules4. SSP (Standalone Selling Price)5. Revenue Scheduling6. Contract Modifications7. Revenue Allocation8. Configure event-based and rule-based revenue recognition methods.9. Define and maintain accounting treatment in accordance with IFRS 15 / ASC 606 standards.10. Setup revenue contingencies, variable consideration, and contract identification rules.Business Requirement Analysis :- Work closely with finance, accounting, sales, and business stakeholders to gather functional requirements.- Analyze current revenue recognition processes and recommend Oracle Cloud best practices.- Translate business requirements into functional design documents (FDDs).- Conduct fit-gap analysis and provide optimized cloud solutions.Integration & Data Management :- Coordinate integrations between RMCS and :1. Oracle Receivables (AR)2. Order Management (OM)3. Subscription Management4. Projects Billing5. ERP Financial Modules6. Third-party source systems- Validate source document ingestion and revenue contract creation.- Support data migration, reconciliation, and validation activities.Testing & Deployment :- Prepare and execute :1. SIT (System Integration Testing)2. UAT (User Acceptance Testing)3. Regression Testing- Develop test scripts and business scenarios.- Support production deployment and cutover activities.- Provide hypercare and post-production support.Support & Issue Resolution :- Troubleshoot RMCS functional issues and production defects.- Analyze revenue accounting discrepancies and reconciliation issues.- Work with Oracle support teams for SR management and issue resolution.- Ensure SLA adherence and timely issue closures.Required Technical Skills :Must Have Skills :- Strong experience in Oracle Cloud Financials- Hands-on expertise in Oracle Revenue Management Cloud Service (RMCS)- Experience in Oracle ERP implementations/support projects- Strong understanding of : 1. Revenue Recognition2. IFRS 15 / ASC 606 Compliance3. Revenue Contracts & Performance Obligations4. Revenue Allocation & SSP- Experience with :1. Oracle Receivables (AR)2. General Ledger (GL)3. Subledger Accounting (SLA)- Strong functional configuration experience in RMCS- Experience in requirement gathering and client interaction- Understanding of integration architecture and source data processingGood to Have Skills :- Experience with Oracle Subscription Management- Knowledge of Oracle Order Management Cloud- Experience with Oracle PPM/Projects Billing- SQL knowledge for troubleshooting and validation- BI Publisher / OTBI Reporting- Experience in data conversion and FBDI templates- Exposure to REST/SOAP integrationsPreferred Certifications :- Oracle Cloud Financials Certification- Oracle Revenue Management Cloud Certification- Oracle Financials Implementation Professional Certification (ref:hirist.tech)