Location: Remote , Chicago Ridge, IL
Employment Type: Contract
Duration: 6 Months
Experience Required: 6–8 Years
Position Overview
We are seeking an experienced Oracle Incentive Compensation Techno-Functional Consultant with strong expertise in Oracle Incentive Compensation Cloud and sales compensation management solutions. The ideal candidate will have hands-on experience configuring incentive compensation plans, classification rules, assignment rules, credit rules, incentive formulas, and compensation-related business processes. This role requires the ability to translate business requirements into effective technical and functional solutions while collaborating with cross-functional teams to optimize sales compensation processes.
Key Responsibilities
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Design, configure, and maintain incentive compensation plans, plan components, performance measures, and rate tables based on business requirements.
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Configure classification rules, assignment rules, credit rules, incentive formulas, flexfields, web services, and related application setups.
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Manage Import Management processes for users, transactions, rules, and goals.
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Analyze business requirements and collaborate with IT teams to design and implement Oracle Incentive Compensation Cloud solutions.
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Develop enhancements to meet evolving business process and application requirements.
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Configure, document, test, and maintain the Oracle Incentive Compensation Cloud application, including upgrade-related activities.
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Create, modify, and maintain reports and dashboards using Oracle Transactional Business Intelligence (OTBI) and data models.
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Troubleshoot incentive compensation configuration issues, transaction processing errors, and crediting or calculation discrepancies.
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Collaborate with cross-functional teams to identify and implement effective sales compensation solutions.
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Participate in Agile Scrum activities, backlog prioritization, development planning, and solution delivery.
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Apply established Oracle implementation methodologies and support ongoing application improvements.
Required Qualifications
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6–8 years of relevant experience in Oracle applications, business analysis, compensation management, or related functional and technical roles.
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Strong hands-on experience with Oracle Incentive Compensation Cloud.
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In-depth knowledge of classification rules, assignment rules, credit rules, and incentive compensation formulas.
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Experience configuring compensation plans, plan components, performance measures, and rate tables.
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Strong understanding of flexfields, web services, and application configuration.
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Experience with Import Management for users, transactions, rules, and goals.
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Ability to analyze business requirements and translate them into functional and technical solutions.
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Experience developing and maintaining OTBI reports, dashboards, and data models.
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Experience with application enhancements, testing, documentation, and upgrade support.
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Familiarity with Agile Scrum methodologies and backlog prioritization.
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Strong troubleshooting skills related to incentive compensation processes and application configuration.
PRIMARY SKILLS
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Oracle Incentive Compensation Cloud
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Oracle Fusion Financials
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Compensation Management
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Business Analysis
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Incentive Compensation Configuration
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OTBI Reporting
SECONDARY SKILLS
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Classification Rules
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Assignment Rules
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Credit Rules
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Incentive Formulas
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Compensation Plans and Plan Components
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Performance Measures
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Rate Tables
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Flexfields
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Web Services
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Import Management
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Transaction Management
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Oracle Transactional Business Intelligence (OTBI)
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Data Models and Dashboards
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Application Enhancements
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
We are committed to providing reasonable accommodations to qualified applicants with disabilities and for sincerely held religious beliefs, as required by applicable law. Applicants who require a reasonable accommodation during the hiring process may request assistance.
Employment may be contingent upon the successful completion of job-related pre-employment screening, which may include background and reference checks and, where permitted by applicable law and applicable to the position, drug testing. All such screening will be conducted in accordance with applicable federal, state, and local laws.
