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Elfonze Technologies Pvt Ltd

Oracle ARCS (Account Reconciliation Cloud Service)

Posted 4 days ago
Worldwide
5-10 years experience
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AI Summary

The Senior Consultant will lead the design, configuration, and optimization of Oracle ARCS within a managed services framework. They are responsible for managing integration layers, resolving technical incidents, and ensuring SOX-compliant reconciliation processes.

This is a remote position.

Job Description

Senior Consultant – Oracle ARCS (Account Reconciliation Cloud Service)

Role Summary

We are looking for a Senior Oracle ARCS Consultant to lead the design, configuration, and support of the Account Reconciliation Cloud Service within a Managed Services engagement. This role owns end-to-end ARCS delivery — from solution architecture and enhancements to incident resolution and stakeholder management — acting as the primary technical and functional expert for the client's reconciliation processes.

Key Responsibilities

Solution Ownership

Lead design, configuration, and optimization of ARCS: reconciliation types, formats, profiles, rules, workflows, and transaction matching

Architect complex auto-reconciliation logic, matching rules, and tolerance frameworks for high-volume/high-risk accounts

Own the integration layer between ARCS and source systems (Oracle EBS/Fusion, SAP, other GL/ERP) using EPM Automate, Data Management/FDMEE, or REST APIs

Drive continuous improvement — identify manual reconciliations for automation and reduce reconciliation cycle time

Managed Services Delivery

Act as L2/L3 escalation point for incidents, service requests, and change requests within SLA

Manage ticket queues, prioritize critical/period-end issues, and ensure root-cause resolution (not just workarounds)

Support month-end/quarter-end/year-end close cycles, monitoring reconciliation completion status and driving exception resolution with business users

Own change management for configuration updates, enhancements, and minor CRs, including impact assessment and testing

Coordinate quarterly Oracle patches/updates — assess impact, test in non-prod, and manage regression testing

Governance & Stakeholder Management

Present service performance, open risks, and improvement roadmap in governance calls (weekly/monthly)

Maintain SOX-compliant documentation: configuration records, SOPs, RACI, and audit evidence for reconciliation controls

Mentor junior team members/analysts on ARCS configuration and support processes

Liaise directly with client Controllership, R2R, and IT teams as a trusted advisor

Required Qualifications

Bachelor's degree in Finance, Accounting, or Information Systems (CA/CPA/MBA a plus)

6–10 years in finance systems, with 4+ years hands-on Oracle ARCS implementation and support experience

Proven experience delivering under a Managed Services / Shared Services model with SLA accountability

Strong grasp of GL accounting, balance sheet reconciliation, and close processes

Hands-on expertise in Oracle EPM Cloud suite (ARCS; exposure to FCCS/EPBCS/TRCS a plus)

Proficient in Data Management/FDMEE, EPM Automate, and integration troubleshooting

Working knowledge of SQL for data validation and issue diagnosis

Experience supporting SOX/internal audit reconciliation controls

Strong stakeholder management and client-facing communications skills

Preferred Skills

Oracle ARCS/EPM certification

Experience leading ARCS implementations or migrations (not just support)

Exposure to RPA or broader R2R/Finance Transformation initiatives

Prior experience in a global delivery/GBS environment supporting multi-geography clients

ITIL familiarity (incident/change/problem management)


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