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Oracle Project Financial Management PFM
Location: San Francisco, CA – Hybrid 2 Days
Exp: 13+
Job Title:
· Oracle Project Financials & PPM Functional Consultant
· Oracle Project Accounting & Portfolio Management Specialist
· Oracle Project Revenue Management Lead
· Senior Oracle Project Systems Analyst (PFM & PPM)
Key Responsibilities:
· Lead and participate in the implementation, configuration, and support of Oracle Project Financial Management (PFM) and Oracle Project Portfolio Management (PPM) modules.
· Gather, analyze, and document business requirements related to project accounting, costing, billing, revenue recognition, and portfolio management.
· Design and configure Oracle PFM and PPM solutions to meet specific business needs, with a strong focus on revenue management principles and best practices.
· Configure and manage various revenue recognition rules and methods within Oracle PFM, ensuring compliance with accounting standards (e.g., ASC 606).
· Design and implement billing processes that align with revenue recognition policies and contract terms.
· Develop and maintain project financial plans, budgets, and forecasts, including revenue projections.
· Configure and utilize Oracle PPM to manage project portfolios, prioritize projects based on financial and strategic criteria (including revenue potential), and perform portfolio-level analysis.
· Develop and maintain integrations between Oracle PFM/PPM and other relevant systems (e.g., General Ledger, Contracts, Order Management).
· Create and deliver user training on Oracle PFM and PPM functionalities, with a focus on revenue management processes.
· Develop and maintain reports and dashboards to provide insights into project financial performance, revenue trends, and portfolio status.
· Troubleshoot and resolve issues related to Oracle PFM and PPM, particularly those involving revenue recognition and billing.
· Stay current with Oracle updates and new features related to PFM and PPM, especially in the area of revenue management.
· Collaborate with business stakeholders, IT teams, and external consultants throughout the project lifecycle.
· Contribute to the development of best practices and standards for Oracle PFM and PPM implementations.
· Required Skills and Experience:
· Proven experience (typically 10+ years depending on the role level) implementing and supporting Oracle Project Financial Management (PFM) and Oracle Project Portfolio Management (PPM) modules.
· Deep understanding of revenue recognition principles and accounting standards (e.g., ASC 606, IFRS 15) and their application within project accounting.
· Hands-on experience configuring and managing revenue recognition rules and methods within Oracle PFM.
· Strong functional knowledge of the end-to-end project lifecycle, including project initiation, planning, execution, and closure, with a focus on the financial aspects.
· Experience with Oracle Billing and invoicing processes, and their integration with revenue recognition.
· Solid understanding of project costing, budgeting, and forecasting within Oracle PFM.
· Experience in configuring and utilizing Oracle PPM for portfolio planning, prioritization, and analysis, considering financial metrics including revenue potential.
To apply for this job email your details to shravan@spiceorb.com