Oracle Cloud Functional Consultant (Procurement and Inv)

Overview

We are seeking an experienced Oracle Functional Consultant specializing in Procurement and Inventory Management to join our dynamic team.

Key Responsibilities

• Lead the functional implementation and support of Oracle Cloud Procurement modules including Sourcing, Purchasing, Supplier Management, and Self-Service Procurement as a subject matter expert.
• Possess hands-on expertise in Oracle Cloud Inventory Management, including inventory organizations, item master setup, lot and serial tracking, cycle counting, and inventory valuation methods.
• Demonstrate comprehensive knowledge of Oracle Cloud Accounts Payable processes, including invoice processing, payment methods, expense management, and three-way matching configurations.
• Configure and optimize procure-to-pay business processes, ensuring seamless integration between Procurement, Inventory, and Accounts Payable modules to meet specific client requirements.
• Implement complex functional solutions and effectively resolve business process challenges using deep knowledge of Oracle Procurement suite, analytical problem-solving skills, and a commitment to delivering exceptional customer service.
• Design and configure approval workflows, procurement business rules, and supplier collaboration portals to streamline procurement operations and enhance user experience.
• Lead requirements gathering sessions with stakeholders to understand procurement processes, identify gaps, and recommend Oracle Cloud best practices for optimal business outcomes.
• Establish and maintain inventory policies, including min-max planning, reorder points, safety stock calculations, and demand forecasting parameters.
• Design and implement accounts payable controls, including invoice approval hierarchies, payment terms, tax configurations, and compliance reporting requirements.
• Collaborate effectively with project teams and client stakeholders to manage relationships, ensuring clear communication of functional requirements and successful project delivery.
• Conduct functional testing of procurement scenarios including purchase requisitions, purchase orders, receipts, invoicing, and payment processes to ensure system integrity.
• Work closely with cross-functional teams including Finance, Supply Chain, and IT to assess business needs and deliver integrated Oracle Cloud solutions that meet operational and strategic goals.
• Develop and deliver end-user training programs, create functional documentation, and provide ongoing support to ensure successful user adoption and system utilization.
• Stay current with Oracle Cloud quarterly releases and new functionality, evaluating and implementing relevant features to enhance procurement efficiency.

Required Skills

• A minimum of 4-6 years of Oracle Procurement functional experience is essential, with hands-on implementation and support expertise.
• Proven experience in implementing and configuring Oracle Cloud Procurement modules including Sourcing, Purchasing, Supplier Management, and Procurement Contracts.
• Comprehensive understanding of Oracle Cloud Inventory Management including organizations, items, transactions, and costing methods.
• Strong functional knowledge of Oracle Cloud Accounts Payable processes, configurations, and integration touchpoints.
• Experience with procurement business process design, including approval workflows, catalog management, and supplier onboarding processes.
• Knowledge of integration points between Procurement, Inventory, Finance, and external systems.
• Understanding of procurement compliance requirements, internal controls, and audit processes.
• Ability to translate business requirements into functional system configurations and process designs.
• Must have experience reconciling between PO, AP, GL.

Preferred Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, Finance, Information Technology, or a related field. A master's degree is preferred.
• Oracle Cloud Procurement certification or equivalent professional certifications in procurement/supply chain management.
• Experience with Oracle Cloud reporting tools and data analysis for procurement metrics and KPIs.
• Knowledge of industry best practices in procurement, inventory management, and accounts payable processes.
• Excellent collaboration skills with a proven ability to work with cross-functional teams and manage stakeholder relationships.
• Strong analytical and problem-solving skills with a focus on customer satisfaction and business value delivery.
• Excellent written and verbal communication skills with the ability to present complex functional concepts to both technical and business audiences.