Oracle Invoice to Cash (I2C)

About the role

An Oracle Invoice to Cash (I2C) expert specializing in Accounts Receivable (AR), Cash Management, and Global Deployment must possess a comprehensive understanding of the entire Order-to-Cash cycle, focusing on accelerating cash flow through automation, rigorous data conversion strategies, and robust multi-currency functionality.

Responsibilities

• Oracle Receivables (AR) Expert
• Billing & Invoicing: Proficiency in AutoInvoice for importing high-volume transactions, Transaction Flexfields, Transaction Types, and Customer Profile Classes.
• Receipts Application: Setting up AutoCash Rule Sets, Post QuickCash, Lockbox processing, and manual receipt applications.
• Collections & Reporting: Utilizing Advanced Collections for dunning letters, aging analysis, and customer statements.
• AutoAccounting: Configuring AutoAccounting to specify GL accounts for transactions automatically.
• Oracle Cash Management (CE): Bank Integration: Configuring Bank Statements using standard formats (MT940, BAI II, XML) and managing bank accounts.
• Reconciliation: Implementing AutoReconciliation, defining matching rules (Transaction Number, Amount, Date), and reconciling bank statements.
• Cash Positioning & Forecasting: Utilizing Oracle Cash Management to project daily cash positions by currency and legal entity.
• Data Migration Strategy: Utilizing FBDI (File-Based Data Import), Web ADI, or APIs for migrating customer master data, open invoices, and receipt data.
• Data Validation: Performing reconciliation between legacy systems and Oracle AR, using standard AR reports and SQL queries.
• Conversion Best Practices: Ensuring partial invoices are properly handled and that all sub-ledger accounting is complete before migration.
• Global Deployment & Multi-Currency: Multi-Currency Support: Managing diverse currency transactions, real-time currency conversions, and automated revaluation of foreign currency balances.
• Reporting Currencies: Assigning reporting ledgers for multinational reporting (e.g., USD, CAD, EUR).
• Global Setup: Implementing centralized shared services for AR, while adhering to local statutory reporting and tax compliance.
• Reporting: OTBI/BI Publisher: Developing real-time analysis for Bank Statement Balances, External Cash Transactions, and Aging Reports.
• Financial Reporting: Designing reports to show Customer Aging buckets, Receipt details, and Tax reporting.
• Key Focus Areas for Implementation: Automation: Using AI/ML in Oracle Cloud to speed up invoice processing and predict payment delays.
• Setup: Defining Transaction Types, Remittance Banks, and Receivables Activities for a comprehensive I2C setup.

Qualifications

Preference will be given to candidates with:

• Proven experience in Oracle Receivables (AR) and Oracle Cash Management (CE).
• Strong proficiency in AutoInvoice, Transaction Flexfields, and Customer Profile Classes.
• Experience with AutoCash Rule Sets, Post QuickCash, and Lockbox processing.
• Knowledge of Advanced Collections and dunning letters.
• Experience with AutoAccounting and configuring GL accounts.
• Experience with Bank Integration, including setting up Bank Statements and managing bank accounts.
• Experience with Reconciliation, including implementing AutoReconciliation and defining matching rules.
• Experience with Cash Positioning & Forecasting, including projecting daily cash positions by currency and legal entity.
• Experience with Data Migration Strategy, including utilizing FBDI, Web ADI, or APIs for migrating customer master data, open invoices, and receipt data.
• Experience with Data Validation, including performing reconciliation between legacy systems and Oracle AR.
• Experience with Conversion Best Practices, including ensuring partial invoices are properly handled and all sub-ledger accounting is complete before migration.
• Experience with Global Deployment & Multi-Currency, including managing diverse currency transactions, real-time currency conversions, and automated revaluation of foreign currency balances.
• Experience with Reporting Currencies, including assigning reporting ledgers for multinational reporting.
• Experience with Global Setup, including implementing centralized shared services for AR while adhering to local statutory reporting and tax compliance.
• Experience with Reporting Tools, including developing real-time analysis for Bank Statement Balances, External Cash Transactions, and Aging Reports.
• Experience with Financial Reporting, including designing reports to show Customer Aging buckets, Receipt details, and Tax reporting.
• Experience with Key Focus Areas for Implementation, including using AI/ML in Oracle Cloud to speed up invoice processing and predict payment delays.
• Experience with Setup, including defining Transaction Types, Remittance Banks, and Receivables Activities for a comprehensive I2C setup.

Skills

Skills required for this role include:

• Oracle Receivables (AR) Expert
• Billing & Invoicing: Proficiency in AutoInvoice for importing high-volume transactions, Transaction Flexfields, Transaction Types, and Customer Profile Classes.
• Receipts Application: Setting up AutoCash Rule Sets, Post QuickCash, Lockbox processing, and manual receipt applications.
• Collections & Reporting: Utilizing Advanced Collections for dunning letters, aging analysis, and customer statements.
• AutoAccounting: Configuring AutoAccounting to specify GL accounts for transactions automatically.
• Oracle Cash Management (CE): Bank Integration: Configuring Bank Statements using standard formats (MT940, BAI II, XML) and managing bank accounts.
• Reconciliation: Implementing AutoReconciliation, defining matching rules (Transaction Number, Amount, Date), and reconciling bank statements.
• Cash Positioning & Forecasting: Utilizing Oracle Cash Management to project daily cash positions by currency and legal entity.
• Data Migration Strategy: Utilizing FBDI (File-Based Data Import), Web ADI, or APIs for migrating customer master data, open invoices, and receipt data.
• Data Validation: Performing reconciliation between legacy systems and Oracle AR, using standard AR reports and SQL queries.
• Conversion Best Practices: Ensuring partial invoices are properly handled and that all sub-ledger accounting is complete before migration.
• Global Deployment & Multi-Currency: Multi-Currency Support: Managing diverse currency transactions, real-time currency conversions, and automated revaluation of foreign currency balances.
• Reporting Currencies: Assigning reporting ledgers for multinational reporting (e.g., USD, CAD, EUR).
• Global Setup: Implementing centralized shared services for AR, while adhering to local statutory reporting and tax compliance.
• Reporting: OTBI/BI Publisher: Developing real-time analysis for Bank Statement Balances, External Cash Transactions, and Aging Reports.
• Financial Reporting: Designing reports to show Customer Aging buckets, Receipt details, and Tax reporting.
• Key Focus Areas for Implementation: Automation: Using AI/ML in Oracle Cloud to speed up invoice processing and predict payment delays.
• Setup: Defining Transaction Types, Remittance Banks, and Receivables Activities for a comprehensive I2C setup.

Benefits

Ampcus Inc. offers competitive compensation and benefits, including:

• Competitive salary commensurate with experience.
• Flexible work schedule.
• Professional development opportunities.
• Health insurance coverage.
• Retirement savings plan.
• Employee assistance program.

Pay

Salary is commensurate with experience.

Schedule

The position is full-time.