Job Title : Oracle Fusion A/P - Functional Consultant
Location : Noida
Job Type : Level : 5+
Job Overview
We are seeking a highly skilled Oracle Fusion Accounts Payable (A/P) - Functional Consultant to join our growing team. In this role, you will leverage your expertise in Oracle Fusion Financials to design, configure, and support the Accounts Payable module, ensuring alignment with business requirements and seamless integration with other financial and procurement functions. You will be instrumental in driving process improvements, enhancing operational efficiency, and ensuring optimal utilization of the Oracle Fusion Cloud platform.
Lead the end-to-end implementation of the Oracle Fusion A/P module, ensuring it meets both business needs and technical requirements.
Define the chart of accounts structure, configure payment terms, manage invoice matching, approval workflows, and ensure accurate accounting distributions.
Set up suppliers, payment processing configurations, and tax structures in the A/P module.
Business Process Analysis & System Design
Engage with business stakeholders to understand their current pain points, requirements, and business processes.
Design functional solutions within Oracle Fusion A/P to address the identified requirements, ensuring a seamless flow of data between modules.
Translate complex business requirements into functional specifications and configure Oracle Fusion Collaboration :
Collaborate with cross-functional teams, such as Procurement, General Ledger, Cash Management, and Treasury, to ensure alignment and integration across Oracle Fusion Cloud Financials.
Participate in the integration and reconciliation of A/P with other systems, such as Procurement and General Ledger, to ensure data and Troubleshooting :
Provide expert-level support for the Oracle Fusion A/P module, assisting in the resolution of complex functional issues, including discrepancies in payment processing, invoice errors, and data integration issues.
Act as the subject matter expert (SME) for all functional aspects of the A/P module and provide guidance to end-users for day-to-day operations.
System Testing & Go-Live Support
Develop and execute test scenarios for the Oracle Fusion A/P module, ensuring that the solution meets business requirements and technical specifications.
Support the testing of integration points, including invoice approvals, payments, and vendor management, ensuring end-to-end functionality.
Provide go-live support and post-implementation stabilization, addressing any issues that arise and ensuring system readiness for full operational use.
Reporting & Financial Insights
Leverage Oracle Fusion reporting tools such as OTBI, BI Publisher, and Financial Reports to create customized A/P reports, including payment aging, vendor analysis, and cash flow projections.
Work with finance teams to design and implement reporting dashboards that provide real-time insights into A/P processes and KPIs.
Vendor Management & Supplier Portal
Configure the Supplier Portal for self-service functions, including invoice submission and payment tracking, to streamline supplier interactions and improve operational efficiency.
Manage supplier onboarding and maintenance, ensuring correct setup of vendor data, payment terms, and tax classifications.
Process Improvement & Automation
Identify opportunities for process optimization and automation within the A/P module, reducing manual interventions and improving overall efficiency.
Recommend best practices in invoice management, payment processing, and supplier relationships to enhance the effectiveness of the Accounts Payable department.
Support the implementation of automated invoice matching, payment approvals, and electronic funds transfer (EFT) processes.
Compliance & Audit Readiness
Ensure that all A/P processes adhere to internal controls, regulatory requirements, and audit standards.
Work with internal audit teams to perform periodic audits of the A/P function and ensure the systems compliance with SOX and other relevant financial regulations.
Assist in the documentation and implementation of financial controls related to the Accounts Payable function.
Training & Knowledge Sharing
Lead training sessions for end-users on Oracle Fusion A/P functionalities, ensuring users are well-equipped to handle daily tasks and utilize the system efficiently.
Create and update functional documentation, training materials, and quick reference guides for the A/P module.
Conduct "train-the-trainer" sessions to enable internal teams to support A/P processes in the long term.
Continuous System Improvement & Upgrades
Actively monitor the Oracle Fusion A/P module for potential issues and recommend corrective actions or system enhancements.
Participate in Oracle Fusion Cloud upgrades and patches, testing new features, and ensuring smooth transitions.
Stay informed about Oracle Fusion Cloud innovations, new features, and best practices, implementing improvements as appropriate.
Global And Multi-Currency Environment
Support the implementation and management of multi-currency transactions, ensuring proper exchange rates and accounting for international vendors.
Work with teams to configure multi-country invoicing, tax calculations, and reporting to ensure compliance with local regulations.
Change Management & Stakeholder Communication
Lead and manage change management efforts related to the Oracle Fusion A/P module, including communications, training, and user adoption.
Regularly update stakeholders on project progress, risks, and issue resolution.
Work with the project management team to ensure the timely delivery of key project milestones and deliverables.
Integration With Other Business Systems
Oversee the integration of Oracle Fusion A/P with third-party systems (e.g., external payment systems, bank integrations) and other business applications to improve data exchange and process automation.
Lead data migration activities, ensuring seamless transfer of historical accounts payable data into the new system.
Operational Efficiency & Cost Management
Work with the finance team to ensure that A/P processes are streamlined and cost-effective.
Suggest cost-saving measures related to supplier payments, early payment discounts, or fee reductions.
Project Leadership & Management
Manage small to medium-sized projects related to Oracle Fusion A/P enhancements and optimizations.
Support project management teams with project timelines, resource allocation, and risk management.
Qualifications & Skills
Education : Bachelors degree in Accounting, Finance, Information Systems, or a related field.
Experience
Minimum of [X] years of experience in implementing, configuring, and supporting Oracle Fusion Cloud Financials, specifically the Accounts Payable module.
Hands-on experience with Oracle Fusion Financials Cloud and a solid understanding of all Oracle Fusion modules (Procurement, GL, Treasury, etc.).
Strong understanding of A/P workflows, including invoice matching, payment processing, and integration with Procurement and GL modules.
Proven experience in implementing Oracle Fusion A/P for both global and multi-currency environments.
Certifications : Oracle Fusion Financials Cloud certification is preferred.