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Oracle Fusion - Project Financials Functional - Senior
Job Summary:
We are seeking an experienced Oracle Fusion Project Financials Functional Senior with a minimum of 5 years of relevant experience and strong project accounting and financial management expertise. Chartered Accountant qualification is mandatory. The role requires hands-on implementation and support experience across Project Foundation, Project Costing, Project Billing, Project Contracts and Project Control, including budgeting, forecasting, cost collection, burdening, capitalization, intercompany and interproject processing, invoicing, revenue recognition, accounting and reconciliation. The successful candidate will independently deliver assigned functional areas and support requirement gathering, configuration, testing, deployment and post-go-live activities.
Primary Responsibilities and Accountabilities:
•Deliver assigned Oracle Fusion Project Financials functional areas across implementations, rollouts, upgrades and support engagements.
•Configure and support Project Foundation, Project Costing, Project Billing, Project Contracts and Project Control.
•Analyse project accounting and financial management requirements and map them to standard Oracle Fusion Cloud processes and controls.
•Configure project organizations, project units, templates, classifications, expenditure types, transaction sources, burden schedules, rate schedules, budgets, forecasts, billing plans, revenue methods and accounting options.
•Support cost collection, cost allocation, burdening, capitalization, project asset creation, intercompany and interproject billing, customer invoicing, revenue recognition and project close processes.
•Participate in fit-to-standard workshops, requirement gathering, process design, solution walkthroughs and finance stakeholder discussions.
•Prepare functional design documents, configuration workbooks, process flows, test scripts, reconciliation templates, training materials and operating procedures.
•Support integrations with General Ledger, Receivables, Payables, Fixed Assets, Procurement, Expenses, Time and Labor, HCM, EPM and external applications.
•Execute CRP, SIT, UAT, data migration, cutover, go-live and hypercare activities, including project cost, revenue, invoice and accounting reconciliation and defect resolution.
•Validate subledger accounting, accounting distributions, period close, project-to-ledger reconciliation and project performance reporting.
•Collaborate with finance, functional, technical, integration, data and reporting teams and support junior consultants as required.
Experience:
•Minimum 5 years of relevant experience in Oracle Projects, Project Accounting or Project Financial Management, including hands-on experience in Oracle Fusion Cloud Project Financials.
•Chartered Accountant qualification and relevant post-qualification experience in project accounting, financial control, audit, revenue, costing or management accounting are mandatory.
•Strong implementation or support experience in Project Costing, Project Billing, Project Contracts, Project Control and Project Foundation.
•Strong knowledge of budgeting, forecasting, cost collection, allocations, burdening, capitalization, project assets, invoicing, revenue recognition, accounting and reconciliation.
•Experience in at least two full lifecycle Oracle Projects or Project Financials implementations, including at least one Oracle Fusion Cloud implementation.
•Hands-on experience in requirement analysis, configuration, testing, data migration, cutover, period close, reconciliation and post-go-live support.
•Experience with integrations across General Ledger, Receivables, Payables, Fixed Assets, Procurement, Expenses, Time and Labor, HCM or EPM is preferred.
•Experience in project-centric sectors such as engineering and construction, professional services, energy, real estate, oil and gas, government, or power and utilities is preferred.
Competencies / Skills:
•Strong Oracle Fusion Project Financials functional, project accounting and financial control skills.
•Ability to independently manage assigned Project Financials work areas, work under pressure and meet deadlines.
•Sound understanding of accounting standards, project costing, revenue recognition, capitalization, subledger accounting, period close and financial reconciliation.
•Effective communication skills and ability to translate finance and business requirements into functional documentation.
•Strong organizational, analytical, reconciliation, problem-solving and stakeholder management skills.
•Ability to assess financial process and control implications and apply sound professional judgement.
•Ability to follow defined delivery, governance and release management processes and remain focused on priorities.
•Must have a valid passport for business travel involving work at client sites and be willing to work MENA shift timings (Sunday to Thursday).
Education:
•Mandatory qualification: Qualified Chartered Accountant from a recognised professional accounting body, with relevant post-qualification experience.
•Oracle Fusion Cloud Project Management or Project Financial Management certification is preferred.
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