Oracle RMCS; Revenue Management Cloud Service Consultant

Job Title :
Oracle RMCS (Revenue Management Cloud Service) Consultant

Location :
Houston TX 77006 ( Hybrid/remote )

Duration : 12+ Months

Job Description:

Mandatory Skill set - Oracle RMCS (Revenue Management Cloud Service)

Detailed Job Description

Role Overview

Responsible for implementing, configuring, and supporting Oracle Fusion Revenue Management Cloud Services (RMCS). The role involves working closely with Finance and Operations teams to ensure accurate revenue recognition and compliance with ASC 606 / IFRS 15 standards.

Key Responsibilities

• Configure and implement RMCS for revenue recognition in compliance with ASC 606 / IFRS 15.
• Set up Revenue Contracts, Performance Obligations, and Revenue Rules.
• Integrate RMCS with Receivables, Projects, and Subledger Accounting.
• Validate revenue schedules and ensure accurate accounting entries.
• Support testing, reconciliation, and reporting for revenue processes.
• Prepare and execute test scripts for RMCS scenarios.
• Document configurations and provide functional design documents.
• Provide post-implementation support and conduct knowledge transfer sessions.

Required Skills & Qualifications

• Strong knowledge of Oracle Fusion RMCS module.
• Experience in Subledger Accounting (SLA).
• Understanding of Revenue Recognition principles (ASC 606 / IFRS 15).
• Familiarity with Oracle Financials and related modules.
• Excellent analytical, problem-solving, and communication skills.

Good to Have

• Oracle Certification in RMCS or Fusion Financials.
• Experience with Accounting Hub and BI Reporting.