Job Information
Oracle Financial Analyst, OFD Global Finance Operations in BENGALURU, India
Job Description
Department Description:
Oracle Financing Division provides Oracle and its distribution partners financing and leasing acquisition solutions for Oracle products and services, and solutions build upon Oracle. OFD operates in over 70 countries and supports all of Oracle’s lines of businesses and distribution channels. OFD is a global leader in technology finance and seeks employees who can meet the demanding standards of Oracle customers and colleagues.
Detailed Description:
· Participate to be an active team member in servicing OFD Warehouse transactions globally to:
Manage collections and customer inquiries to nurture healthy customer relationship to ensure timely payments
Prepare pro-forma invoices/payment notices to customer for upcoming payments due.
Track and collect customer payments in accordance with payment due dates.
Handle inbound/outbound calls and emails with customer for regular updates and prepare Call notes
Maintain and manage Past due invoice statements to send out for regular payment follow ups
Enforce remedies and send letters to pursue payments overdue as per Contract
Work with Termination and Legal team on any uncollectable payments
Prepare weekly/Monthly progress reports and Dashboard metrics to report status to Senior Management
· Coordinate with Oracle divisions (Controllers & Order to Cash Processing Team) to resolve reconciliation issues and deal disputes. This includes a broad range of responsibilities, such as:
Review OFD Contracts and Oracle Financial Systems to identify discrepancies and errors
Perform deal analysis with instructions to resolve any outstanding invoice, unapplied cash, and accounting entries errors
· Perform special projects supporting the global business to improve and automate processes in transaction flow and reporting.
Qualifications:
Bachelor of Commerce degree in finance/accounting; MBA degree is preferred
5+ years of work experience in finance/operations with knowledge on Order to Cash activities and Customer servicing.
Proven experience (https://resources.workable.com/collection-specialist-interview-questions) as a Collection Specialist or similar role with knowledge of Billing and Collections procedures
Working knowledge and understanding of Financial Contract.
Knowledge of basic finance concepts (such as discounting cash flows, net present value, internal rate of return, etc) including intermediate Excel skills
Ability to think analytically, problem solve and focus attention to detail
Strong English written and verbal communications skills
Experience working with cross-functional teams and able to work independently
Experience with systems and/or process improvement projects
Career Level - IC2
Responsibilities
As a member of Oracle's finance organization, you will be responsible for providing all aspects of financial support for planning and control. Assist in consolidation and reporting of financial results; preparation of annual budget. Gather, model, analyze, prepare, and summarize information for financial plans, operating forecasts, trended future specifications, etc.; on a weekly, monthly, or quarterly basis. Prepares recommendations based on analyzes. May perform revenue and expense analysis, headcount and headcount driven expense analysis at cost center level, tracking of product and product line revenue, reconciliation of accounts receivable, variance analysis and ad-hoc analysis as needed. You may participate in cross functional programs and projects.
About Us
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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