Position Summary: - We are seeking a skilled and experienced individual to join as an Oracle ARCS Specialist.
- In this role, you will be responsible for the implementation, configuration, and ongoing support of Oracle Account Reconciliation Cloud Service (ARCS) for our clients.
- You will work closely with stakeholders to understand their reconciliation requirements and design and deliver effective solutions using the ARCS platform.
- Additionally, you will provide expertise in optimizing and automating reconciliation processes, ensuring data accuracy, and enhancing financial controls. Key Oracle 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. - Configure and customize the ARCS application to meet clients specific reconciliation requirements, ensuring alignment with best practices and industry standards. - Develop and execute test plans to validate the functionality and performance of the ARCS application. Reconciliation Process Enhancement: - Analyze existing reconciliation processes and identify opportunities to streamline and automate them using Oracle ARCS functionalities. - Design and implement optimized reconciliation processes in ARCS, leveraging features such as matching rules, auto-reconciliation, and variance analysis. - Work closely with business users to define reconciliation rules, thresholds, and approval workflows to ensure accurate and timely reconciliations. - Provide guidance and training to users on best practices for reconciliation process optimization and utilization of ARCS features.
System Support and Maintenance: - Provide ongoing support and maintenance for the Oracle ARCS application, addressing user inquiries, troubleshooting issues, and resolving system defects. - Monitor and analyze system performance, proactively identifying and resolving any performance bottlenecks or data integrity issues. - Collaborate with IT teams to manage system upgrades, patches, and enhancements, ensuring minimal disruption to business operations. - Stay updated on Oracle ARCS product updates, new features, and industry trends, and provide recommendations on adopting relevant enhancements. Qualifications and Requirements: - Bachelors degree in finance, accounting, information systems, or a related field. Advanced degree preferred. - Experience (2+ years) in implementing and supporting Oracle ARCS or other financial reconciliation applications. - Strong knowledge of financial reconciliation processes and controls, with a solid understanding of accounting principles and practices. - Proficiency in Oracle ARCS configuration, including data sources setup, reconciliation rule definition, and workflow design. - Familiarity with Oracle Cloud EPM (Enterprise Performance Management) suite and integration capabilities with other Oracle Cloud applications. - Experience in troubleshooting and resolving technical issues related to Oracle ARCS, including system performance and data integrity. - Excellent analytical and problem-solving skills, with the ability to assess complex business requirements and translate them into effective ARCS solutions. - Strong communication and interpersonal skills, with the ability to collaborate with stakeholders at all levels of the organization. - Ability to work independently, manage multiple priorities, and meet project deadlines.
- Relevant certifications in Oracle ARCS or Oracle Cloud EPM are a plus.