Oracle RMCS; Revenue Management Cloud Service) Functional Consultant

Position: Oracle RMCS (Revenue Management Cloud Service) Functional Consultant
TCS is Hiring Oracle RMCS (Revenue Management Cloud Service) Functional Consultant

Location:

PAN India

Experience:

6+ Years

Job Summary
We are seeking an experienced  Oracle RMCS Functional Consultant  with expertise in  Revenue Management Cloud Service (RMCS)  and strong knowledge of  ASC 606 / IFRS 15 Revenue Recognition standards . The consultant will be responsible for implementing, configuring, and supporting Oracle RMCS solutions, working closely with Finance, Accounting, and Business stakeholders to automate and optimize revenue recognition processes.

Key Responsibilities
Implement and support Oracle Revenue Management Cloud Service (RMCS).
Analyze business requirements related to revenue recognition and accounting compliance.
Configure RMCS rules for revenue allocation, contract identification, and performance obligations.
Support ASC 606 and IFRS 15 compliance initiatives.
Configure Standalone Selling Prices (SSP) and Revenue Allocation rules.
Manage contract modifications, revenue adjustments, and revenue schedules.
Collaborate with Finance, Order Management, Subscription Management, and Project Billing teams.
Perform SIT, UAT, go-live, and post-production support activities.
Prepare functional specifications and business process documents.
Support integrations with Oracle Fusion Financials and related applications.
Must-Have Skills
Oracle RMCS (Revenue Management Cloud Service)
ASC 606 Revenue Recognition
IFRS 15 Compliance
Revenue Recognition & Revenue Accounting
Standalone Selling Price (SSP)
Performance Obligations
Oracle Fusion Financials
Revenue Allocation Rules
Contract Modifications
Business Requirement Gathering & Functional Design