Job Description
Ensures that revenue is recognized in accordance with Corporate and SEC standards. Provides direction to sales organization prior to contracts being concluded.
As a member of Revenue Accounting you will assist in the processing of revenue impacting adjustments and reconciling balance sheet account. Monitor revenue, reconcile receivables, and unearned accounts. Work with internal customers to resolve related revenue inquiries. Assist in facilitating the automation of current processes and procedures. You may participate in special projects.
Work involves some problem solving with assistance and guidance in understanding and applying company policies and procedures. Strong analytical, prioritization and communication skills in partnering with other internal groups and management. Familiarity with Excel spreadsheets is essential. Typically graduate or equivalent with 0 – 2 year experience. BA/BS degree in Accounting or equivalent. Some positions need you to be bilingual in English and Spanish or Portuguese.
Responsibilities
Job Description
Migrations is a process of moving a customer from older license to a newer one. This can be in terms of metrics, functionalities, product lines or duration. It can also be an upgrade from one family to another/upgrade features for the same product. Migrations Team is responsible for processing migration requests, validating documents, products mapping and calculation on support and license values as per procedures and guidelines set up for the process. Interact with internal customers from different LOBs to process orders. Liaison with Sales, Contracts and VAD/Partners to ensure that all information is available to ensure accurate booking of orders and revenue in accordance with established procedures and guidelines. Provides administrative support for the accounting function including the areas of general ledger, accounts payable, accounts receivable, fixed assets, and inter-company transactions.
Job Responsibilities
To assist the sales organization in the generation of license revenue and help customers better manage their licenses through the accurate and timely migration of customer’s existing licenses in line with Oracle Policies
Perform comprehensive research of customer details on Oracle internal applications like OM, IB, OKS, TRM, LIT, GMA, and Q.
Apply current business practice policies in determining license migration path and license migration fees calculation
Validate payment of license and support invoices for migrating licenses
Collaborate with License Sales teams, Support and contracts team to streamline the quote to order cycle
Serve as primary point of contact for all process related inquiries
Responsible for getting certified on core process periodically
Pro-actively engage with external stakeholders on complex transactions to minimize iterations
Identify process standardization opportunities within the business
This role reports into Assistant Manager/Deputy Manager
Key Skills
Strong communication skills [Verbal and Written] – Skill to interact with diverse stakeholders and departments across cultures, internationally
Problem Solving and Decision Making skills – To recognize deviations from standard practices and analyze situations to make decisions
Strong analytical skills-Skill to perform calculations and evaluate support
Ability to consistently meet deadlines, manage priorities and achieve goals
Should be well versed with Computer Usage and MS Office Applications like Excel, Word and Power Point
Innovation- Ideation and process recommendations to improve customer experience, team efficiency and continuous improvement
Should possess good interpersonal & presentation skills
Reasonable business communication skills which assists in partnering with other internal groups and management
Independently respond to stakeholder queries and escalations
Reporting & Insights – publish KPI dashboards and do deep dives to provide data insights
Basic Requirements
Graduate/Post Graduate with 2 to 4 years of experience
Good verbal, written and interpersonal communication skills
Good stakeholder management skills
Flexible to work in shifts
About Us
Diversity and Inclusion:
An Oracle career can span industries, roles, Countries and cultures, giving you the opportunity to flourish in new roles and innovate, while blending work life in. Oracle has thrived through 40+ years of change by innovating and operating with integrity while delivering for the top companies in almost every industry.
In order to nurture the talent that makes this happen, we are committed to an inclusive culture that celebrates and values diverse insights and perspectives, a workforce that inspires thought leadership and innovation.
Oracle offers a highly competitive suite of Employee Benefits designed on the principles of parity, consistency, and affordability. The overall package includes certain core elements such as Medical, Life Insurance, access to Retirement Planning, and much more. We also encourage our employees to engage in the culture of giving back to the communities where we live and do business.
At Oracle, we believe that innovation starts with diversity and inclusion and to create the future we need talent from various backgrounds, perspectives, and abilities. We ensure that individuals with disabilities are provided reasonable accommodation to successfully participate in the job application, interview process, and in potential roles. to perform crucial job functions.
That’s why we’re committed to creating a workforce where all individuals can do their best work. It’s when everyone’s voice is heard and valued that we’re inspired to go beyond what’s been done before.
Disclaimer:
Oracle is an Equal Employment Opportunity Employer * . All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
* Which includes being a United States Affirmative Action Employer