Solution IT Inc. is looking for Oracle FCCS Consultant w/ Banking for one of its clients Buffalo, NY( 3 days onsite)
Job Title: Oracle FCCS Consultant w/ Banking
Responsibilities:
Oracle FCCS Financial Consolidation & Banking Expertise
Financial Close & Consolidation Design:
- Architect and implement FCCS solutions for banking and financial services entities to streamline multi-entity consolidation, intercompany eliminations, and multi-GAAP/IFRS reporting
- Integrate FCCS with core banking systems and GL platforms (e.g., Oracle ERP Cloud, SAP, Fiserv, FIS) for automated data flows
- Configure regulatory and compliance reporting (Basel III, CCAR, SOX) within FCCS to meet banking and financial institution requirements
- Banking Finance Transformation:
- Optimize close and consolidation cycles to achieve faster month/quarter/year-end closes
- Implement multi-currency translations, ownership management, and statutory reporting across global banking subsidiaries
- Design bank-grade data security and audit controls to meet financial regulatory
Banking Finance Transformation:
- Optimize close and consolidation cycles to achieve faster month/quarter/year-end closes
- Implement multi-currency translations, ownership management, and statutory reporting across global banking subsidiaries
- Design bank-grade data security and audit controls to meet financial regulatory standards
C-Level Advisory & Communication Executive Stakeholder Management:
- Present complex FCCS architecture and financial close strategies to CFOs, Controllers, and Finance COOs with clear ROI and business impact analysis
- Develop board-ready presentations translating FCCS capabilities into efficiency gains, compliance assurance, and cost savings
- Mediate between finance, IT, and executive teams to align consolidation strategies with enterprise finance transformation goals
- Strategic Business Communication:
- Simplify technical concepts such as ownership hierarchies, intercompany eliminations, and consolidation rules for non-technical finance executives
- Facilitate executive workshops on modernizing financial close processes using Oracle FCCS
Technical Leadership FCCS Optimization:
- Design data management workflows for automated data loads from banking core systems, ERP, and sub-ledgers
- Implement advanced calculations and consolidation rules for complex banking structures
- Provide guidance on multi-entity reporting, statutory vs. management consolidation, and cross-border compliance
Required Skills:
- 10+ years in financial systems technology, with 5+ years in banking/financial services finance environments
- Proven Oracle FCCS implementation experience for:
- US or global banking institutions (retail, commercial, or investment banking finance systems)
- Financial services firms with complex consolidation and reporting needs
- Exceptional Communication Skills:
- Track record of presenting to CFOs, Controllers, and finance executives in banking or financial services
- Ability to write polished executive briefs, board memos, and ROI analyses
- Experience bridging finance and IT teams to drive financial close transformation
- Technical Finance Knowledge:
- Familiarity with core banking finance systems (Oracle ERP Cloud, Fiserv, FIS, SAP)
- Expertise in financial consolidation, intercompany eliminations, and multi-GAAP reporting
- Knowledge of Basel III, CCAR, SOX, IFRS/US GAAP compliance
Work Site: Buffalo, NY( 3 days onsite)
Duration: 6 to 12 Months
Expected Start Date: Immediate
Number of Positions: 01
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