[Remote] Oracle Cloud certified General Ledger Consultant with Insurance Industry Experience

Note: The job is a remote job and is open to candidates in USA. PlanIT Group seeks an Oracle Fusion General Ledger Consultant with financial services experience, particularly in insurance. The role focuses on designing and configuring enterprise ledger structures, leading Record-to-Report processes, supporting consolidation and intercompany accounting, driving financial data conversion and integration, and designing reporting and compliance solutions.

Responsibilities

• Primary, Secondary, Reporting, and Statutory Ledgers
• Legal Entity and Business Unit structures
• Multi-currency configurations
• Multi-IFRS reporting requirements specifically in insurance preferred
• Chart of Accounts (COA) design and governance
• Knowledge of configuration for regulatory reporting
• Allocations
• Revaluations
• Currency Translation
• Consolidations (shared or deferred with/to Financial Consolidation & Close)
• Close Management (shared or deferred with/to Financial Consolidation & Close)
• Financial Reporting (shared or deferred with/to Financial Consolidation & Close)
• Global Intercompany Accounting, hub-spoke models, settlement processing
• Elimination rules (shared or deferred with/to Financial Consolidation & Close)
• Intercompany balancing
• Cross-entity accounting
• Shared service finance models
• Group reporting requirements
• Legacy COA mapping
• Historical balance conversion
• Subledger integration design
• Oracle Accounting Hub integration
• Reconciliation and cutover planning
• Management Reporting (shared or deferred with/to Financial Consolidation & Close)
• Regulatory Reporting (shared or deferred with/to Financial Consolidation & Close)
• GAAP Reporting (shared or deferred with/to Financial Consolidation & Close)
• IFRS Reporting (shared or deferred with/to Financial Consolidation & Close)
• Financial Statement Design (shared or deferred with/to Financial Consolidation & Close)
• Security and Segregation of Duties

Skills

• Highly capable, entrpreneurial Oracle Fusion Consultant with General Ledger experience
• Experience in financial services, particularly Insurance
• The consultant must be able to architect and configure:Primary, Secondary, Reporting, and Statutory Ledgers
• Legal Entity and Business Unit structures
• Multi-currency configurations
• Chart of Accounts (COA) design and governance
• Knowledge of configuration for regulatory reporting
• The consultant should possess deep functional knowledge of the end-to-end R2R process including:Allocations
• Revaluations
• Currency Translation
• Consolidations (shared or deferred with/to Financial Consolidation & Close)
• Close Management (shared or deferred with/to Financial Consolidation & Close)
• Financial Reporting (shared or deferred with/to Financial Consolidation & Close)
• For clients with numerous companies, operating units, or acquired businesses, the consultant should understand:Global Intercompany Accounting, hub-spoke models, settlement processing
• Elimination rules (shared or deferred with/to Financial Consolidation & Close)
• Intercompany balancing
• Cross-entity accounting
• Shared service finance models
• Group reporting requirements
• A strong GL consultant must be able to drive:Legacy COA mapping
• Historical balance conversion
• Subledger integration design
• Oracle Accounting Hub integration
• Worked with EDM (Enterprise Data Management) governance
• Reconciliation and cutover planning
• The consultant should be able to translate executive reporting requirements into Oracle designs supporting:Management Reporting (shared or deferred with/to Financial Consolidation & Close)
• Regulatory Reporting (shared or deferred with/to Financial Consolidation & Close)
• GAAP Reporting (shared or deferred with/to Financial Consolidation & Close)
• IFRS Reporting (shared or deferred with/to Financial Consolidation & Close)
• Financial Statement Design (shared or deferred with/to Financial Consolidation & Close)
• Security and Segregation of Duties
• Multi-IFRS reporting requirements specifically in insurance

Company Overview