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Job Description

The Global Functional Expert for Global Revenue Recognition Systems would support the Global Revenue Recognition Organization with processes, functional knowledge and system expertise concerning design and implementation of the end-to-end processes that impact SSP, Oracle’s APEX Revenue Management and Fusion Revenue Management modules across all regions and globally.

The role calls for a highly skilled individual to work as both an individual contributor, and as a collaborative team member, providing direction and mentoring to others. Work is non-routine and very complex involving the application of advanced technical / business skills in areas of specialization. The candidate must possess strong analytical and communication skills in partnering with other internal groups. The candidate should have a good sense of global and regional finance practices, be able to prepare and deliver quality presentations, submit regular status updates, make recommendations, and raise escalations to management.

This role has global responsibilities and will act collaborate with various groups for the review of the SSP study analysis processes. This role will review the SSP studies, initiate system enhancement requests for SSP studies, provide production support and participate in large-scale project initiatives as part of the team that supports Oracle Finance business units and Oracle IT internal software implementations. This role will need to reach milestones/deliverables and drive to complete SSP studies by the targeted deadlines.

This role will be a key contributor to generating SSP data and running the SSP analysis process quarterly based on the published SSP study plan. This role will need to meet project milestones/deliverables and drive projects to completion by targeted deadlines with cross-functional teams. Key functions involve: proactively identifying SSP process issues, and updating procedure documentation. The candidate with need the ability to perform work independently without direct oversight, and collaborate with management, and team members.

The analyst will provide support to improve operational efficiency, consistency, and compliance in support of the organization's financial and tactical business objectives. Provides business practices and processes. Develops, communicates, and trains the organization on business practices and processes.

Acknowledged authority within the Corporation. Performs work independently without direct oversight. Collaborate with management, team members and business partners. Acts as a leader of large-scale company initiatives. Viewed by peers as a leader and top contributor and by line management as a key business partner. Ability to collect, organize, and display data in spreadsheet format, database dashboards. Follow-through skills necessary to get information from internal teams and have data errors/omissions corrected. For this, relationship management skills strongly desired. Strong written and verbal communication skills. Ability to partner across functions.

Major responsibilities include but not limited to the following:

SSP studies:

• Utilize SSP Study Tracker in GRID daily to ensure timely and complete completion of SSP Study process.

• Create SSP data and run SSP analysis process quarterly based on the published and agreed SSP study plan.

• Ensure the SSP studies is completed within month 2 of each quarter.

• Obtain and provide audit evidence of baseline script and ensures scripts is baselined.

• Inquire about any material changes to the baseline script (i.e. migration to a new system, change in reporting methodology, or exclusions category, etc.) Document and report any change as compared to the original baseline script and application, beyond a change in the date range.

• Perform random testing to ensure the accuracy of the data is validated by testing a random sample of five transactions. Document testing and in a spreadsheet as per agreed/approved template.

• Perform testing for clerical accuracy of data in the SSP study.

• Identify the RevRec treatment to moderately complex transactions which require further review.

• Review and tested for clerical accuracy.

• Recalculate and verify SSP compliance by bands is properly calculated.

• Research and validate individual transactions and SSP percentages as needed. Apply knowledge of systems and tools to analyze transactional data

• Prepare / Review comparison of overall compliance vs prior quarters and investigating significant changes.

• Prepare / Review the accounting SSP memo and document changes in baseline script, reporting methodology, inclusions and exclusions, study results, provides explanation for significant changes.

• Send SSP analysis results to LOB management for review.

• Publish SSP study results and assist in audits with External E&Y and Oracle Internal Auditors. Prepare requested information by the auditors and ensure accurate/complete information is provided.

• Prepare and perform walk thru of SSP study with External Auditors (E&Y) and Internal Auditors (SOX) related to the SSP Study process.

• Identify and raise requests for missing items/SKUs/product group/SSP Bands mapping in GRID to SSP offering or performance obligations.

• Review and publish Price Hold Assessments for products/offerings based on SSP study results.

• Assist Subject Matter Expert with requirements gathering and/or queries related to the SSP studies automation in GRID.

• Participate in AdHoc projects related to the SSP Study or other RevRec Ops processes as necessary.

Apex Revenue Management and Reporting

• Manage the quarter-end close processes, including preparing reporting and KPIs. Prepare insightful quarterly management reports e.g. SSP Materiality Assessment for Global Revenue Recognition stakeholders. Conduct variance analysis and partner with process owners to manage SSP Materiality Assessment.

• Prepare quarter-end Revenue Streams reporting for Global Revenue Recognition stakeholders. Conduct variance analysis and update mapping for new product hierarchies.

• Serve as the financial systems lead, identifying and implementing automation opportunities to enhance scalability. Analyze processes and system changes to support the business changes.

• Analytical decision making by conducting deep-dive analysis to identify issues, develop and translate data into actionable insights.

• Serve as the financial systems lead, identifying and implanting automation opportunities to enhance scalability and efficiency. Perform analysis of observable sales data, and understanding a statistical pricing for various Oracle products and services sold separately in similar circumstances to similar customers, any required documentation and reporting related to the studies.

• Provide support in development and setup of new performance obligation and SSP for each performance obligation within Global Revenue Information Database (GRID) following Oracle pricing practices for the purpose of revenue reallocation.

• Understand and apply ASC606 standard requirements, specifically related to the SSP and Revenue Allocations, Oracle pricing structure for various products and services and pricing approval changes.

• Functional expert for APEX Revenue Management applications and other system solutions required

• Participate in workshops and reviews/updates of documentation related to Global Revenue Recognition solutions as needed.

• Identifying process & system deficiencies. Logging enhancements and working with Development where needed to resolve deficiencies.

• Identifying exceptions to be addressed with Technical Accounting team. Includes developing solutions, temporary work-arounds when needed and documenting solutions.

• System maintenance of mappings and SSP tables based on requirements of SSP Studies. Includes working with RevRec Development team for set up, mapping and calculations of any new offerings.

• Working with RevRec Development to create new reporting when needed.

• Analyze and document user interactions with systems and identify potential improvements, document business and system work flows and processes.

Career Level - IC4

Responsibilities

Preferred Qualifications

• BA/BS degree in Accounting or equivalent.

• 10+ years of related finance/accounting and system automation/implementation experience

• Certified Public Accountant / Chartered Accountant, or MBA

• Experience with Oracle Applications highly preferred – Fusion Order Management, Fusion Projects, Service Contracts, CPQ, etc.

• Experience working on financial system projects and working on ERP implementation projects

• Revenue Recognition and ASC606/IFRS15 knowledge preferred

• Detail oriented with a focus on problem resolution

• Self-starter who is able to take initiative and dig into issues to determine a proper resolution.

• Ability to multi-task

• Advanced proficiency in Microsoft Excel

• Strong Finance/Accounting knowledge preferred

• Leading contributor individually and as a team member

• Providing direction and mentoring to others.

• A proactive, self-starter attitude with a demonstrated ability to meet deadlines and manage multiple projects and areas in a dynamic and complex environment.

• Strong analytical skills with a passion for data-driven decision-making, additional experience in Oracle applications, SQL, is highly desirable

• Proven ability to think critically across various lines of businesses and cross-functional GPOs

• Excellent communication skills / inter-personal skills, with proven ability to build relationships and influence outcomes across departments

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