Senior Oracle EBS Finance & Project Accounting Functional Lead

Job Title: Senior Oracle EBS Finance & Project Accounting Functional Lead
Location: Remote
Duration: 6months

Role Description:

We are seeking a highly experienced Senior Oracle E-Business Suite (Oracle Apps) Finance & Projects Lead to support a post-implementation and hyper care engagement for a global enterprise operating across multiple countries and time zones.

This role requires deep hands-on expertise in Oracle Projects (PA), Project Billing, and Global Financial Close, along with strong functional knowledge across Accounts Payables (AP), Accounts Receivables (AR), General Ledger (GL), and Fixed Assets (FA).

The candidate must demonstrate strong solution design capabilities and not merely transactional or operational support experience.

Core Responsibilities (Mandatory Experience)

1. Oracle Projects (PA) – End-to-End Ownership

• Own full lifecycle configuration and production support of Oracle Projects (PA).
• Design, configure, and support:
• Contract projects
• Capital projects
• Event-based billing
• Milestone-based billing
• Rate-based and usage-based billing
• Manage and ensure accurate cost collection from:
• Inventory
• Purchasing
• Payables
• Time & Labor / Expenses
• Must have directly configured Oracle Projects and supported it in production—not merely participated in adjacent processes.
• Drive integration validation between Projects and Financial modules.

2. Project Billing & Revenue Architecture

• Architect and troubleshoot Project Billing solutions using:
• Billing events
• Milestones
• Rate schedules
• Usage-based mechanisms
• Design complex multi-stage billing models such as:
• Shipment-based billing
• Installation/commissioning milestone billing
• Recurring or subscription-based billing
• Ensure seamless integration and accounting flow across:
• Projects → AR
• Projects → GL
• Revenue → Accounting entries
• Demonstrate the ability to justify and recommend the appropriate billing model based on business requirements.

3. Strong Financial Modules Expertise (Oracle EBS Core Finance)

Must possess strong hands-on configuration and support experience in:

• Accounts Payables (AP) – invoice processing, accruals, payment processing, supplier accounting
• Accounts Receivables (AR) – invoicing, receipts, revenue recognition, adjustments
• General Ledger (GL) – journal processing, allocations, consolidations, financial reporting
• Fixed Assets (FA) – asset capitalization, depreciation, retirements, asset transfers

Responsibilities include:

• Ensuring subledger to GL reconciliation
• Managing SLA and accounting derivation rules
• Supporting audit requirements and financial compliance
• Designing cross-module accounting controls and validation mechanisms

4. Global Period Close & Calendar Management

• Lead and support monthly financial close for a multinational organization.
• Manage complexities such as:
• Transition from 4-4-5 calendar to monthly calendar
• Multi-time-zone operations (APAC, EMEA, Americas)
• Close sequencing and cut-off governance
• Define and document SOPs covering:
• Transaction cut-offs
• Accrual processes
• Period status controls
• Audit-compliant close procedures
• Take ownership of close design, not just execution.

5. Hypercare & Post-Go-Live Leadership

• Serve as the Finance & Projects escalation lead during hypercare.
• Diagnose and resolve issues related to:
• Revenue generation gaps
• Billing failures
• Period close blockers
• Cross-module reconciliation mismatches
• Collaborate directly with:
• Global Finance leadership
• IT teams
• External auditors (as required)
• Provide root cause analysis and implement sustainable fixes.

Candidate Profile

• 10+ years of Oracle E-Business Suite Finance experience
• Proven hands-on configuration experience in:
• Oracle Projects (PA)
• Project Billing
• AP, AR, GL, and Fixed Assets
• Strong understanding of global financial operations and compliance
• Experience in post-go-live stabilization and hypercare environments
• Ability to design scalable financial and billing architectures
• Strong stakeholder communication skills