PFM Consultant
PFM Consultant
Job Title:
Oracle Project Financials & PPM Functional Consultant
Oracle Project Accounting & Portfolio Management Specialist
Oracle Project Revenue Management Lead
Senior Oracle Project Systems Analyst (PFM & PPM)
Key Responsibilities:
Lead and participate in the implementation, configuration, and support of Oracle Project Financial Management (PFM) and Oracle Project Portfolio Management (PPM) modules.
Gather, analyze, and document business requirements related to project accounting, costing, billing, revenue recognition, and portfolio management.
Design and configure Oracle PFM and PPM solutions to meet specific business needs, with a strong focus on revenue management principles and best practices.
Configure and manage various revenue recognition rules and methods within Oracle PFM, ensuring compliance with accounting standards (e.g., ASC 606).
Design and implement billing processes that align with revenue recognition policies and contract terms.
Develop and maintain project financial plans, budgets, and forecasts, including revenue projections.
Configure and utilize Oracle PPM to manage project portfolios, prioritize projects based on financial and strategic criteria (including revenue potential), and perform portfolio-level analysis.
Develop and maintain integrations between Oracle PFM/PPM and other relevant systems (e.g., General Ledger, Contracts, Order Management).
Create and deliver user training on Oracle PFM and PPM functionalities, with a focus on revenue management processes.
Develop and maintain reports and dashboards to provide insights into project financial performance, revenue trends, and portfolio status.
Troubleshoot and resolve issues related to Oracle PFM and PPM, particularly those involving revenue recognition and billing.
Stay current with Oracle updates and new features related to PFM and PPM, especially in the area of revenue management.
Collaborate with business stakeholders, IT teams, and external consultants throughout the project lifecycle.
Contribute to the development of best practices and standards for Oracle PFM and PPM implementations.
Required Skills and Experience:
Proven experience (typically 10+ years depending on the role level) implementing and supporting Oracle Project Financial Management (PFM) and Oracle Project Portfolio Management (PPM) modules.
Deep understanding of revenue recognition principles and accounting standards (e.g., ASC 606, IFRS 15) and their application within project accounting.
Hands-on experience configuring and managing revenue recognition rules and methods within Oracle PFM.
Strong functional knowledge of the end-to-end project lifecycle, including project initiation, planning, execution, and closure, with a focus on the financial aspects.
Experience with Oracle Billing and invoicing processes, and their integration with revenue recognition.
Solid understanding of project costing, budgeting, and forecasting within Oracle PFM.
Experience in configuring and utilizing Oracle PPM for portfolio planning, prioritization, and analysis, considering financial metrics including revenue potential.
Strong analytical and problem-solving skills, with the ability to analyze complex financial data and processes.
Excellent communication (both written and verbal) and interpersonal skills, with the ability to effectively interact with business users and technical teams.
Experience in gathering and documenting business requirements.
Proficiency in creating functional design documents and test scripts.
Experience with data migration and system integration related to Oracle PFM and PPM.
Bachelor's degree in Accounting, Finance, Business Administration, Information Systems, or a related field.
Preferred Skills and Experience:
Experience with Oracle Cloud Project Management and Financials.
Familiarity with reporting tools such as Oracle Business Intelligence Enterprise Edition (OBIEE) or Oracle Analytics Cloud (OAC).
Experience in specific industries (e.g., Leasing, Professional Services, Engineering and Construction, High Technology).
Key Competencies:
Technical Expertise: Deep understanding of Oracle PFM and PPM functionalities, particularly in revenue management.
Analytical Thinking: Ability to analyze complex financial and project data.
Problem Solving: Identifying and resolving issues related to system configuration and business processes.
Communication: Effectively conveying technical information to both technical and non-technical audiences.
Business Acumen: Understanding of business processes and financial principles, especially in revenue recognition.
Collaboration: Working effectively with cross-functional teams.
Attention to Detail: Ensuring accuracy in configuration and data management.
PFM Consultant
Job Title:
Oracle Project Financials & PPM Functional Consultant
Oracle Project Accounting & Portfolio Management Specialist
Oracle Project Revenue Management Lead
Senior Oracle Project Systems Analyst (PFM & PPM)
Key Responsibilities:
Lead and participate in the implementation, configuration, and support of Oracle Project Financial Management (PFM) and Oracle Project Portfolio Management (PPM) modules.
Gather, analyze, and document business requirements related to project accounting, costing, billing, revenue recognition, and portfolio management.
Design and configure Oracle PFM and PPM solutions to meet specific business needs, with a strong focus on revenue management principles and best practices.
Configure and manage various revenue recognition rules and methods within Oracle PFM, ensuring compliance with accounting standards (e.g., ASC 606).
Design and implement billing processes that align with revenue recognition policies and contract terms.
Develop and maintain project financial plans, budgets, and forecasts, including revenue projections.
Configure and utilize Oracle PPM to manage project portfolios, prioritize projects based on financial and strategic criteria (including revenue potential), and perform portfolio-level analysis.
Develop and maintain integrations between Oracle PFM/PPM and other relevant systems (e.g., General Ledger, Contracts, Order Management).
Create and deliver user training on Oracle PFM and PPM functionalities, with a focus on revenue management processes.
Develop and maintain reports and dashboards to provide insights into project financial performance, revenue trends, and portfolio status.
Troubleshoot and resolve issues related to Oracle PFM and PPM, particularly those involving revenue recognition and billing.
Stay current with Oracle updates and new features related to PFM and PPM, especially in the area of revenue management.
Collaborate with business stakeholders, IT teams, and external consultants throughout the project lifecycle.
Contribute to the development of best practices and standards for Oracle PFM and PPM implementations.
Required Skills and Experience:
Proven experience (typically 10+ years depending on the role level) implementing and supporting Oracle Project Financial Management (PFM) and Oracle Project Portfolio Management (PPM) modules.
Deep understanding of revenue recognition principles and accounting standards (e.g., ASC 606, IFRS 15) and their application within project accounting.
Hands-on experience configuring and managing revenue recognition rules and methods within Oracle PFM.
Strong functional knowledge of the end-to-end project lifecycle, including project initiation, planning, execution, and closure, with a focus on the financial aspects.
Experience with Oracle Billing and invoicing processes, and their integration with revenue recognition.
Solid understanding of project costing, budgeting, and forecasting within Oracle PFM.
Experience in configuring and utilizing Oracle PPM for portfolio planning, prioritization, and analysis, considering financial metrics including revenue potential.
Strong analytical and problem-solving skills, with the ability to analyze complex financial data and processes.
Excellent communication (both written and verbal) and interpersonal skills, with the ability to effectively interact with business users and technical teams.
Experience in gathering and documenting business requirements.
Proficiency in creating functional design documents and test scripts.
Experience with data migration and system integration related to Oracle PFM and PPM.
Bachelor's degree in Accounting, Finance, Business Administration, Information Systems, or a related field.
Preferred Skills and Experience:
Experience with Oracle Cloud Project Management and Financials.
Familiarity with reporting tools such as Oracle Business Intelligence Enterprise Edition (OBIEE) or Oracle Analytics Cloud (OAC).
Experience in specific industries (e.g., Leasing, Professional Services, Engineering and Construction, High Technology).
Key Competencies:
Technical Expertise: Deep understanding of Oracle PFM and PPM functionalities, particularly in revenue management.
Analytical Thinking: Ability to analyze complex financial and project data.
Problem Solving: Identifying and resolving issues related to system configuration and business processes.
Communication: Effectively conveying technical information to both technical and non-technical audiences.
Business Acumen: Understanding of business processes and financial principles, especially in revenue recognition.
Collaboration: Working effectively with cross-functional teams.
Attention to Detail: Ensuring accuracy in configuration and data management.