Job Description for Senior Consultant - Oracle Account Reconciliation Cloud Service (ARCS)
Role Overview:
We are seeking a skilled and experienced individual to join our organization as an Oracle Account Reconciliation Cloud Service (ARCS) Senior Consultant. In this role, you will be responsible for leading the implementation, configuration, and ongoing support of ARCS for our clients.
You will gather requirements, plan delivery, assess risks, and ensure the quality of deliverables. You will provide technical/functional direction to team members and collaborate effectively with global teams, ensuring successful project outcomes.
Key Responsibilities:
- ARCS Implementation:
- Lead and participate in the end-to-end implementation of Oracle ARCS, including requirements gathering, solution design, configuration, and testing
- Collaborate with stakeholders to understand their reconciliation processes, identify areas for improvement, and recommend ARCS-based solutions
- Gather requirements, plan delivery, and assess risks.
- Understand the financial close cycle, account reconciliation, and related best practices.
- Ensure the quality of deliverables and adherence to project timelines.
- Identify and escalate issues associated with deliverables in a timely manner.
- Oversee all activities ranging from requirement gathering to Hypercare.
- Address issues raised by leads/onsite teams and understand their impact on the project.
- Integration and Data Management:
- Lead the integration of ARCS with various source systems (GL) such as Oracle Cloud ERP, subledger sources (AR, AP, FA), Bank Statements, etc.
- Manage data integration for Transaction Matching sources.
- Automation and Reporting:
- Analyze existing reconciliation processes and identify opportunities to streamline and automate them using Oracle ARCS functionalities
- Develop and oversee the creation of automation scripts using EPM Automate / REST APIs.
- Ensure the creation of consolidated financial statements for customers.
- Project Management:
- Develop and manage project plans, timelines, and deliver regular status reports.
- Manage risk and issue logs, ensuring timely delivery of activities and tasks.
- Provide leadership and guidance to junior consultants and team members.
- Develop and execute test plans to validate the functionality and performance of the ARCS application.
- Client Engagement and Communication:
- Maintain strong communication channels with all stakeholders (internal and external).
- Collaborate effectively with clients to understand their needs and provide tailored solutions.
- Present project updates and deliverables to clients and senior management.
- Quality Assurance:
- Ensure project quality and timely delivery within budget and customer satisfaction.
- Apply Deloitte’s methodologies, policies, and procedures.
- Adhere to contractual obligations and ensure solutions meet customer objectives.
- Team Management:
- Lead and mentor a team of consultants, providing technical and functional direction.
- Foster a collaborative and supportive team environment.
- Conduct performance reviews, provide feedback, and support professional development.
- Allocate resources effectively to ensure project success.
- Encourage continuous learning and skill development within the team.
Qualifications Required:
- 5-8 years of hands-on experience in implementing Oracle Account Reconciliation Cloud Service (ARCS) solutions.
- Expertise in designing formats, creating profiles, reconciliation rules, workflows, and system settings in the Compliance module.
- Experience in building Transaction Matching Match Types, including data sources, rules, filters, journal mapping, and transaction types.
- Integration experience with source systems (Oracle Cloud ERP, Bank Statements) and subledger sources (AR, AP, FA).
- Experience in developing automation scripts using EPM Automate / REST APIs.
- Proven track record of leading projects and managing teams.
Preferred:
- Strong oral and written communication skills.
- Strong problem-solving and troubleshooting skills.
- Ability to collaborate effectively with clients.
- Experience in mentoring and guiding junior consultants.