Oracle FCCS Financial Consolidation & Banking Expert

Responsibilities:

Job Overview

We are seeking a Senior Consultant with deep expertise in Oracle Financial Consolidation & Close Cloud Service (FCCS) and strong knowledge of banking and financial services finance operations.

The ideal candidate will have hands-on experience implementing FCCS solutions for banks, payment processors, or financial institutions, with the ability to translate complex financial consolidation concepts into clear business value for CFOs and other C-level executives.

This role requires a unique blend of FCCS technical expertise, financial consolidation and regulatory reporting knowledge, and exceptional executive communication skills.

Key Responsibilities

1. 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 standards

2. 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

3. 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 & Experience

• 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

Ideal Candidate Profile

• Former banker, finance leader, or Big 4 consultant who transitioned to financial systems consulting
• Ex-Big 4 or management consultant with banking/financial consolidation specialization
• Oracle FCCS certified professional with live implementations
• NYC-based with ability to meet banking/financial clients in person

Project Deliverables

1. Financial Close Modernization Blueprint (FCCS implementation & integration strategy)
2. Executive Business Case (ROI analysis for CFO/Board audiences)
3. Technical Architecture Document (bank-grade FCCS implementation plan)

Application Requirements

• Resume highlighting banking/financial consolidation projects
• Sample executive presentation deck (sanitized)
• Two references from banking/financial services finance clients