Oracle ARCS Functional Consultant

Fixity Technologies; Warangal, Hyderabad, Nizamabad District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Fixity Technologies in India seeks an Oracle ARCS Functional Consultant to lead implementation, configuration, and ongoing support of ARCS modules for account reconciliations, transaction matching, and financial close processes.

You will collaborate with Finance, Accounting, Internal Controls, Audit and Technology teams to standardize controls, optimize workflows, and drive continuous improvement across the close cycle.

Responsibilities

• Partner with Finance and Accounting to understand reconciliation and close requirements.
• Facilitate requirements sessions and document business needs, processes, and specs.
• Translate requirements into ARCS configurations and scalable designs.
• Prepare user stories, functional designs, and acceptance criteria.
• Evaluate processes and recommend improvements and automation.
• Configure ARCS modules: Account Reconciliations, Transaction Matching, Compliance and Controls.
• Create reconciliation templates, formats, and supporting configurations.
• Manage user security, provisioning, roles, and access reviews.
• Support metadata maintenance and system administration.
• Serve as ARCS power user for month/quarter/year-end close activities.
• Monitor reconciliation status and compliance metrics.
• Review and resolve exceptions, aging items, and workflow bottlenecks.
• Assist preparers, reviewers, and approvers with questions.
• Support certifications and sign-off to meet close schedules.
• Monitor transaction matching and investigate unmatched transactions.

Job description

The Oracle Account Reconciliation Cloud Service (ARCS) Functional Consultant is responsible for supporting the implementation, configuration, enhancement, administration, and ongoing operational support of Oracle ARCS. This role partners with Finance, Accounting, Internal Controls, Audit, and Technology teams to deliver efficient reconciliation, transaction matching, and financial close solutions while ensuring compliance, process standardization, and operational excellence.

The consultant serves as both a functional subject matter expert and ARCS power user, supporting day-to-day business operations, month-end close activities, system enhancements, and continuous improvement initiatives.

Key Responsibilities

Business Analysis & Requirements Management

• Partner with Finance and Accounting stakeholders to understand reconciliation and close process requirements.
• Facilitate requirements gathering sessions and document business needs, process flows, and functional specifications.
• Translate business requirements into scalable ARCS solutions and configuration designs.
• Prepare user stories, functional design documentation, and acceptance criteria.
• Evaluate business processes and recommend process improvements and automation opportunities.

ARCS Configuration & Administration

• Configure and maintain Oracle ARCS modules including:
  • Account Reconciliations
  • Transaction Matching
  • Compliance and Controls
  • Reconciliation Formats and Profiles
  • Auto-Certification Rules
  • Matching Rules
  • Dashboards and Reporting
  • Workflow and Approval Processes
• Create and maintain reconciliation templates, formats, and supporting configurations.
• Manage user security, provisioning, role assignments, and access reviews.
• Support metadata maintenance and system administration activities.

ARCS Power User & Operational Support Activities

• Serve as a designated ARCS power user supporting month-end, quarter-end, and year-end close activities.
• Monitor reconciliation completion status and compliance metrics across business units.
• Review and resolve reconciliation exceptions, aging items, and workflow bottlenecks.
• Assist preparers, reviewers, and approvers with reconciliation-related questions and issue resolution.
• Support certification and sign-off activities to ensure adherence to close schedules.

Monitor transaction matching processes and investigate unmatched or partially matched transactions