Oracle Enterprise Performance Management (EPM) is a comprehensive suite of cloud and on-premises solutions designed to help organizations manage and optimize their financial and operational performance. It supports strategic decision-making by providing tools for planning, budgeting, forecasting, financial consolidation, reporting, and analytics.
Key Features of Oracle EPM
Planning and Budgeting: Enables financial and operational planning with advanced forecasting and predictive analytics.
Financial Consolidation and Close: Simplifies and accelerates financial close processes while ensuring compliance with accounting standards.
Profitability and Cost Management: Provides insights into cost drivers and profitability to enhance decision-making.
Enterprise Data Management: Ensures consistent and accurate master data across systems.
Narrative Reporting: Combines financial and non-financial data for comprehensive and collaborative reporting.
Account Reconciliation: Automates account reconciliation processes to reduce errors and improve accuracy.
Oracle EPM is widely used across industries for streamlining financial processes, improving agility, and driving better business outcomes.
Requirements
• Expertise in gathering and analyzing requirements
• Experience in implementing at least 2 E2E Projects of ARCS covering designing, creating solutions, testing, configuration & data integration.
• Configuration of various attributes in ARCS: Segment, Process, Risk Rating, Frequency, Account Type, Aging Profiles.
• Sound Knowledge on both Transaction matching and Reconciliation Compliance.
• Sound Knowledge in EPM Data Integration/Data Management in creating Integrations, locations etc.
• Sound Knowledge on automation for data load, backup etc. using both REST API and EPM, Automate (batch scripting in windows)
• Ability to understand the data flow in data warehouse and design the solution based on the business requirements.
• Must have Experience in implementation or production support projects with ARC module
• Must have Strong Communication Skills.
Modules
FCC - Financial Close and Consolidation: Manage the consolidation process of period close
EPCM - Enterprise Profitability and Cost Management: Manages the analysis and allocation of costs and profitability
ARC - Account Reconciliation Cloud: Manages the reconciliation process of the financial accounts.
