About The Position

The OSMC Techno Functional professional will provide functional expertise in Oracle Subscription Management Cloud and related Order-to-Cash processes. The role involves gathering client requirements, designing and configuring subscription models, and managing the subscription lifecycle. It also supports integrations with Oracle and external systems, testing and deployment activities, user training, and post-go-live support. The position is onsite in Schaumburg, Illinois; relocation is acceptable. The role is offered as a contract of 6+ months.

Requirements

  • In-depth understanding of subscription management processes, including product catalogs and services, pricing and rating models, billing and invoicing, renewals and cancellations, and revenue recognition.
  • Strong knowledge of Order-to-Cash (O2C) processes and Oracle Fusion Cloud.
  • Experience with Oracle Order Management (OM), Accounts Receivable (AR), Revenue Management Cloud Service (RMCS), and Install Base modules.
  • Deep functional expertise in Oracle Subscription Management Cloud.
  • Ability to create functional design documents and test cases.
  • Excellent stakeholder management and communication skills.
  • Understanding of revenue recognition standards, including ASC 606.
  • Hands-on experience converting contracts to Oracle Subscription Management Cloud.

Responsibilities

  • Lead client workshops, gather requirements, and translate them into functional designs for recurring and usage-based subscription models.
  • Configure Oracle Subscription Management Cloud, including product catalogs, pricing rules, billing schedules, proration, and discount logic.
  • Manage the end-to-end subscription lifecycle, including creation, amendments, renewals, upgrades, downgrades, and cancellations.
  • Ensure integration with Order Management (OM), Receivables (AR), Revenue Management (RMCS), and external systems.
  • Drive system integration testing (SIT) and user acceptance testing (UAT), troubleshoot issues, provide post-go-live support, and conduct user training.
  • Perform contract conversion to Oracle Subscription Management Cloud.
  • Advise as a subject matter expert on subscription best practices, SaaS billing, and revenue recognition.
  • Create functional design documents (FDDs) and test cases.
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