Job Purpose :
We are seeking to engage an experienced Analyst with strong expertise in Oracle Fusion Financials/Procurement and a deep understanding of accounting and reporting, Procurement processes within the Banking, Financial sector.
The ideal candidate should possess a solid knowledge of Financial processes and Procurement processes having understanding of Accounts Payable, Account Receivable, GL, Fixed Assets, VAT, Budgetary controls, Procure to Pay Process, Sourcing process, Contracts process, Supplier management process etc.
The role will focus on ensuring smooth implementation of Fusion ERP and Support for UAT for financial/procurement modules within the Fusion suite.
Key Responsibilities :
- Assist the PgM (Program Manager) in Managing the implementation of Oracle Fusion Financials, ensuring alignment with the bank’s accounting and reporting requirements.
- Assist the PgM in Managing the implementation of Oracle Fusion Procurement, ensuring alignment with the bank’s procurement policies and reporting requirements.
- Work closely with the PgM, Implementation Partner and Business teams of Finance and Procurement during all phase of the project.
- Ensuring compliance with all regulations and helping the Business team in preparing the test scenarios for User Acceptance Testing (UAT).
- Collaborate with cross-functional teams to gather business requirements, translate them into system configurations, and lead UAT for various financial/procurement modules.
- Supporting the PgM in managing project plans, timelines, and milestones related to the Fusion Financials/Procurement implementation.
- Ensure compliance with internal audit controls and regulatory requirements for financial/procurement processes and reporting.
- Provide end-user training and ongoing support post-go-live. - Conduct end-user training and support post-go-live activities.
Educational Background and Experience :
Bachelor’s or Master’s degree in Accounting or Finance, preferably a Master’s degree
- Minimum 5-7 years of experience in financial/procurement fucntions, particularly in the BFSI sector.
- Proven experience in implementing Oracle Fusion Financials, including P2P, fixed assets, and lease accounting.
- Experience with VAT and UAT processes in financial/procurement systems.
Technical Skills :
- Expertise in Oracle Fusion Financials, including modules like General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and Budgetary Controls.
- Strong knowledge of the Procure-to-Pay (P2P) cycle, VAT requirements, and their implementation in Fusion Financials.
- Should have basic technical skills of Oracle Fusion to do configurations and minor changes
Functional Skills :
Strong understanding of financial and procurement modules and banking regulations.
- Excellent communication skills to collaborate with finance, procurement, and IT teams.
- Strong analytical skills with attention to detail and problem-solving abilities.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Certification :
Certified in Fusion Financials /Procurement
Established in the year 1998, BITECH is empowered by 3000 person years of experience in executing software projects and development of products adhering to the international standards. With the functional expertise BITECH is able to provide solutions to information-intense businesses such as Banking and Finance, Insurance, Retail and distribution, Health Care, Government and Utilities, Telecom and Networking. In Broad spectrum BITECH offers high-quality and cost-effective services: Application / Product development, Re-engineering, Migration and Legacy Maintenance, Strategic Consulting, Package Implementation, Education and Training, and Value-added Professional Services. BITECH specializes in multiple domains and technology platforms and has developed core competency in those areas. The delivery solution model of BITECH is equipped to leverage the assembled knowledge in future assignments. With its knowledge base BITECH has been able to set up its unique Centre of Excellence (COE) that has helped in developing a few industry specific products in Banking, Finance and also general web solutions. This helps the client to reach a solution not only at high speed but also of high quality.