Oracle AHCS (Accounting Hub) Consultant â DFCS Implementation (BFSI Domain)
Oracle AHCS (Accounting Hub) Consultant â DFCS Implementation (BFSI Domain)
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1 Vacancy
Job Description
Job Description:
The Oracle FAH Consultant will lead and support the implementation of Oracle Financial Accounting Hub (AHCS) and Oracle Financial Services Data Foundation Cloud Service (DFCS) within banking environments.
This role demands deep functional and technical expertise in Oracle Financials especially AHCS and hands-on experience integrating with core banking systems and third-party applications.
Key Responsibilities
- DFCS Implementation: Lead end-to-end DFCS deployment including configuration integration and testing aligned with banking regulatory and operational requirements.
- AHCS Implementation: Lead accounting hub implementation for BFSI domain solution expertise on end-to-end data flow from source systems till reporting/analytics system. Design and configure FAH to support complex accounting rules and multi-source data integration into Oracle GL. PaaS extension to build complex accounting rules for complete accounting flow.
- Integration Expertise: Collaborate with technical teams to integrate FAH with banking systems such as Core Banking Payments and Data Lakes (preferably Snowflake) using integration tools like Informatica.
- Functional Analysis: Translate business requirements into functional specifications use cases and process flows. Conduct workshops with stakeholders to validate solutions.
- Testing & Validation: Develop and execute test scenarios for system integration and UAT phases. Source system files validations multiple file types testing scenarios and detailed AHCS testing strategy. Ensure reconciliation and reporting accuracy .
- Documentation & Training: Prepare functional documentation training materials and support handover to AMS teams.
- Stakeholder Engagement: Work closely with finance compliance and IT teams to ensure alignment with regulatory frameworks and internal controls.
Required Skills & Experience
- 8 15 years of experience in Oracle Financials especially FAH and GL modules is a must.
- Proven experience implementing DFCS or similar consolidation frameworks in banking or financial services is a must.
- Strong understanding of accounting principles reconciliation processes and regulatory reporting.
- Familiarity with Oracle technologies i.e. PL/SQL XML Publisher and Oracle Cloud tools.
- Familiarity with fundamentals of integrations with third-party systems for payments reconciliations statements etc.
- Excellent communication and stakeholder management skills.
Domain Expertise
- Banking and Financial Services: Experience with banking operations compliance and financial reporting.
- Prior engagements with leading banks are considered valuable(like Citi or Webster)
Preferred Tools & Technologies
- Oracle Cloud ERP (Finance GL FAH) and Oracle Financial Services Data Foundation Cloud Service (DFCS) - Experience is mandatory
- Microservices Data Lake (Snowflake) and Integration - Informatica Experience
- VBCS IDCS - Good to have
Employment Type
Full-time
