WARANGAL · FULLTIME
Oracle ARCS Functional Consultant
Fixity Technologies
Warangal · onsite · Posted 3d ago
Sourced from
Undisclosed3–8 yrsfulltimeWarangal
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Section · 01
About this role
Oracle ARCS Functional Consultant
Position Summary
The Oracle Account Reconciliation Cloud Service (ARCS) Functional Consultant is responsible for supporting the implementation, configuration, enhancement, administration, and ongoing operational support of Oracle ARCS. This role partners with Finance, Accounting, Internal Controls, Audit, and Technology teams to deliver efficient reconciliation, transaction matching, and financial close solutions while ensuring compliance, process standardization, and operational excellence.
The consultant serves as both a functional subject matter expert and ARCS power user, supporting day-to-day business operations, month-end close activities, system enhancements, and continuous improvement initiatives.
Key Responsibilities
Business Analysis & Requirements Management
- Partner with Finance and Accounting stakeholders to understand reconciliation and close process requirements.
- Facilitate requirements gathering sessions and document business needs, process flows, and functional specifications.
- Translate business requirements into scalable ARCS solutions and configuration designs.
- Prepare user stories, functional design documentation, and acceptance criteria.
- Evaluate business processes and recommend process improvements and automation opportunities.
ARCS Configuration & Administration
- Configure and maintain Oracle ARCS modules including:
- Account Reconciliations
- Transaction Matching
- Compliance and Controls
- Reconciliation Formats and Profiles
- Auto-Certification Rules
- Matching Rules
- Dashboards and Reporting
- Workflow and Approval Processes
- Create and maintain reconciliation templates, formats, and supporting configurations.
- Manage user security, provisioning, role assignments, and access reviews.
- Support metadata maintenance and system administration activities.
ARCS Power User & Operational Support Activities
- Serve as a designated ARCS power user supporting month-end, quarter-end, and year-end close activities.
- Monitor reconciliation completion status and compliance metrics across business units.
- Review and resolve reconciliation exceptions, aging items, and workflow bottlenecks.
- Assist preparers, reviewers, and approvers with reconciliation-related questions and issue resolution.
- Support certification and sign-off activities to ensure adherence to close schedules.
- Monitor transaction matching processes and investigate unmatched or partially matched transactions.
- Perform administrative activities such as profile creation, profile updates, bulk uploads, imports, exports, and mass maintenance activities.
- Generate and distribute reconciliation status reports, aging reports, compliance reports, and management dashboards.
- Support audit requests by providing reconciliation evidence, supporting documentation, and system extracts.
- Conduct root cause analysis for recurring operational issues and implement corrective actions.
- Partner with Finance Operations teams to improve reconciliation quality, standardization, and operational efficiency.
- Deliver user training and perform knowledge transfer for new and existing users.
Project Delivery & Enhancements
- Participate in ARCS implementation, enhancement, and optimization projects.
- Configure solutions based on approved business requirements and design specifications.
- Support system upgrades, releases, and regression testing activities.
- Collaborate with technical teams on integrations, data loads, and automation initiatives.
- Contribute to backlog grooming, sprint planning, and solution deployment activities.
- Drive continuous improvement initiatives focused on automation and user experience.
Testing & Quality Assurance
- Develop and execute System Integration Testing (SIT) and User Acceptance Testing (UAT) scenarios.
- Validate business requirements against configured solutions.
- Document and track defects through resolution.
- Support production deployment validation and post-implementation stabilization.
- Ensure solution quality and adherence to established standards.
Production Support
- Provide Level 2 functional support for ARCS-related incidents and service requests.
- Troubleshoot reconciliation, transaction matching, workflow, and reporting issues.
- Work with business users and technical teams to resolve production incidents.
- Monitor system health and identify opportunities for process optimization.
- Maintain support documentation, knowledge articles, and standard operating procedures.
Compliance, Controls & Governance
- Ensure reconciliation processes comply with SOX, audit, and internal control requirements.
- Support internal and external audit activities.
- Maintain process documentation, configuration documentation, and operating procedures.
- Assist in defining governance standards and reconciliation best practices.
- Promote control effectiveness and compliance across ARCS processes.
Stakeholder Collaboration
- Collaborate with Finance Operations, Controllers, Record-to-Report teams, Internal Controls, and Technology teams.
- Communicate project updates, risks, and recommendations to stakeholders.
- Facilitate user workshops, demonstrations, and training sessions.
- Build strong relationships with business users to understand evolving business needs.
Required Qualifications
- Bachelors degree in Accounting, Finance, Information Systems, or related field.
- 3-12 years of Finance Systems, Financial Close, or EPM experience.
- 5+ Years of hands-on experience with Oracle ARCS.
- Strong understanding of:
- Balance Sheet Reconciliations
- Financial Close Processes
- Transaction Matching
- Journal Processing
- Internal Controls and SOX Compliance
- Experience gathering requirements and supporting functional testing.
- Strong analytical, troubleshooting, and problem-solving skills.
- Excellent communication and stakeholder management skills.
Preferred Qualifications
- Experience with Oracle EPM Cloud products including FCCS, EDMCS, EPBCS/PBCS.
- Experience with Oracle Fusion ERP.
- Accounting qualification such as CA, CPA, CMA, or equivalent.
- Experience supporting global finance operations.
- Familiarity with Agile methodologies and Jira.
- Experience with finance transformation and reconciliation automation initiatives.
Disclaimer: This job posting and Location has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
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Section · 02
Skills
AutomationAgileEDMCSAccount ReconciliationBusiness RequirementsEpmepbcsArcsBusiness AnalysisdeploymentcloudERPAdministrationAccountingcomplianceBusiness OperationsCMABalance Sheet
Section · Company
About Fixity Technologies
Fixity Technologies
IT Services & Consulting
200
employees
2020
6 years old
Hyderabad / Secunderabad, Telangana
US
₹4.6L PA avg
Avg at Fixity Technologies
About
As a leading IT professional services firm specializing in consulting, staffing and recruiting, and executive search. As a certified MBE, WBE, WOSB, and DBE firm, we deliver the expertise and talent companies need to achieve and sustain business growth. Here at FIXITY we are a process-oriented IT Staffing Company and relieve customers of the painstaking process and all about placing the right people in the right positions, not just filling a quota. Providing the company with the better and experienced staff is the main motto of our company. We are a team of FIXITY technology enthusiasts, with passion and assurance to service and client. We believe in transforming organizations with innovative, responsive, and competent delivery resources. Let us help you find success, no matter which side of the process you're on.
Industries
IT Services & Consulting
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