Oracle ARCS – Account Reconciliation Cloud Service

This is a fully remote position, open to applicants in India.

📋 Description

• Take charge of the design, configuration, and support of Oracle Account Reconciliation Cloud Service within a Managed Services framework.

• Oversee the complete ARCS delivery process, which includes solution architecture, enhancements, incident management, and stakeholder engagement.

• Create and refine reconciliation types, formats, profiles, rules, workflows, and transaction matching processes.

• Develop auto-reconciliation logic, matching rules, and tolerance frameworks tailored for high-volume and high-risk accounts.

• Manage integrations between ARCS and Oracle EBS/Fusion, SAP, along with other GL/ERP source systems.

• Identify manual reconciliation processes suitable for automation to decrease reconciliation cycle times.

• Serve as the L2/L3 escalation point for incidents, service requests, and change requests, ensuring compliance with SLAs.

• Oversee ticket queues, prioritize critical and period-end issues, and guarantee root-cause analysis and resolution.

• Assist in month-end, quarter-end, and year-end closing cycles; track reconciliation completion and drive the resolution of exceptions.

• Lead change management efforts for configuration updates, enhancements, and minor change requests.

• Coordinate quarterly Oracle patches and updates, including impact analysis, non-production testing, and regression testing.

• Present service performance metrics, open risks, and improvement strategies during governance meetings.

• Maintain documentation compliant with SOX regulations, which includes configuration records, SOPs, RACI, and audit evidence.

• Mentor junior team members and analysts to foster their professional growth.

• Collaborate with client Controllership, R2R, and IT teams to ensure alignment and efficiency.

⛳️ Requirements

• A bachelor's degree in Finance, Accounting, or Information Systems is required.

• 6 to 10 years of experience in finance systems, with a minimum of 4 years of hands-on experience in Oracle ARCS implementation and support.

• Demonstrated experience in delivering services within a Managed Services or Shared Services model, with accountability for SLAs.

• Strong understanding of GL accounting principles, balance sheet reconciliation, and closing processes.

• Practical expertise in the Oracle EPM Cloud suite (ARCS; familiarity with FCCS/EPBCS/TRCS is advantageous).

• Skilled in Data Management/FDMEE, EPM Automate, and integration troubleshooting.

• Proficient in SQL for data validation and diagnosing issues.

• Experience in supporting SOX/internal audit reconciliation controls is preferred.

• Strong stakeholder management and effective client-facing communication skills are essential.

• Oracle ARCS/EPM certification is preferred.

• Experience in leading ARCS implementations or migrations is a plus.

• Exposure to RPA or broader R2R/Finance Transformation initiatives is desirable.

• Previous experience in a global delivery/GBS environment supporting multi-geography clients is preferred.

• Familiarity with ITIL practices is preferred.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance plans.

• Opportunities for professional development and continuous learning.

• Flexible work arrangements to promote work-life balance.

• Retirement savings plan with company matching.