Oracle EPM Allocations Lead

lseg; Bengaluru; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

LSEG’s Enterprise Functions Engineering group in Bengaluru seeks an Oracle EPM EPCM Specialist to design, configure and improve profitability and cost allocation models within Oracle EPCM. You will partner with Finance and Engineering teams to deliver scalable, data-driven planning solutions.

Ideal candidates have hands-on EPCM experience, strong communication skills, and the ability to work independently within a larger delivery team. Experience with ERP integrations is a plus.

Qualifications

• 7+ years of experience implementing or supporting Oracle EPM Cloud solutions.
• Deep expertise in Oracle Enterprise Profitability and Cost Management (EPCM).
• Strong knowledge of Financial Planning, Cost Management, and ERP integrations.
• Experience designing complex profitability and allocation models.
• Experience with Oracle EPM architecture and data integrations.
• Ability to communicate technical solutions to both technical and business audiences.

Responsibilities

• Own and prioritize business requirements related to EPCM and EPM applications.
• Design and configure profitability and cost allocation models for planning and performance mgmt.
• Build and maintain rules, drivers, calculations, metadata, allocations, reporting.
• Collaborate with Architecture, Engineering, Data, Test, Change and Operations teams.
• Stay current with Oracle EPM roadmap and industry trends.

Skills

Oracle EPM Cloud

EPCM expertise

Profitability modelling

Cost allocation

Driver-based planning

Groovy

Calculation Manager

SQL

Data integrations

Stakeholder management

Communication skills

Integration patterns

ERP Cloud

Azure

Education

Bachelor's degree or equivalent

Tools

Groovy

Calculation Manager

Azure

Job description

Enterprise Functions Engineering

Enterprise Functions Engineering drives the strategy, delivery, and support of LSEG's enterprise platforms across Finance, Risk and other corporate functions. Our mission is to simplify and standardise business processes, accelerate digital transformation, and enable data-driven decision‑making through innovative technology solutions.

Role Summary

As an Oracle EPM EPCM Specialist, you will contribute to the design, configuration, support, and continuous improvement of Oracle Enterprise Performance Management (EPM) solutions, with a focus on Enterprise Profitability and Cost Management (EPCM). Working closely with Enterprise Functions stakeholders and Engineering teams, you will help deliver scalable profitability and cost allocation solutions that support strategic decision‑making across the organisation.

This role is ideal for professionals passionate about solving complex business challenges, improve transparency in financial performance, and drive continuous process improvement.

What We're Looking For

• Proven experience as a Manager or Lead Consultant, Senior Consultant, or Solution Architect with hands‑on implementation and support of Oracle EPM Cloud solutions, specifically EPCM.
• Strong understanding of profitability modelling, cost allocation methodologies, managerial accounting, and driver‑based planning and allocations.
• Experience designing and implementing complex allocation frameworks and profitability models within large enterprise environments.
• Deep understanding of Finance transformation initiatives and Enterprise Performance Management best practices.
• Experience integrating Oracle EPM with ERP, data warehouses, and reporting platforms.
• Ability to operate independently while collaborating effectively within a wider delivery team.
• Excellent analytical, problem‑solving, and communication capabilities.

Major Responsibilities / Accountabilities

• Own and prioritise business requirements related to Oracle EPCM and associated EPM applications.
• Partner with Finance and Corporate Function stakeholders to gather, analyse, and document detailed business requirements.
• Design and configure profitability and cost allocation models that support business planning and performance management objectives.
• Build and maintain rule sets, drivers, calculations, metadata structures, allocations, and reporting solutions within Oracle EPCM.
• Analyse business processes and identify opportunities to improve efficiency, transparency, and decision‑making through technology.
• Support enterprise planning transformation initiatives through process standardisation and automation.
• Evaluate Oracle monthly releases and implement enhancements where appropriate.
• Plan, test, and deploy solution enhancements while ensuring alignment with governance and control requirements.
• Collaborate with Architecture, Engineering, Data, Test, Change, and Operations teams to ensure successful delivery outcomes.
• Act as a trusted advisor to Finance and Enterprise Function stakeholders on EPM best practices and optimisation opportunities.
• Stay current with Oracle EPM roadmap developments, industry trends, and emerging technologies.

Key Relationships

To successfully deliver technology solutions, it is essential to partner closely with Finance, Finance Transformation teams, process owners, wider Engineering teams, Technology Delivery, External implementation and consulting partners where applicable. This collaboration ensures alignment across strategic priorities, operating models, governance requirements, and business outcomes.

Technical / Professional Skills & Competencies

Essential Skills

• 7+ years of experience implementing or supporting Oracle EPM Cloud solutions.
• Deep expertise in Oracle Enterprise Profitability and Cost Management (EPCM).
• Strong knowledge of Financial Planning, Cost Management, Management Reporting, and Enterprise Performance Management processes.
• Experience designing and deploying complex profitability and allocation models.
• Experience with Calculation Manager - Groovy, metadata management, reporting and data integrations.
• Strong understanding of Oracle EPM architecture and integration patterns.
• Experience working with Oracle ERP Cloud, Oracle Fusion Applications, or equivalent enterprise platforms.
• Strong SQL, data analysis, and reconciliation capabilities.
• Ability to communicate technical solutions effectively to both technical and business audiences.
• Strong project delivery, prioritisation, and stakeholder management skills.
• Experience working across the full solution lifecycle, including requirements gathering, design, testing, deployment and support.
• Bachelor's degree or equivalent professional experience.

Desired Skills

• Experience with Oracle Planning and Budgeting Cloud Service (PBCS), Financial Consolidation and Close (FCCS), EDM, or Narrative Reporting.
• Knowledge of strategic cost management and transfer pricing methodologies.
• Familiarity with Azure, cloud integration technologies, and enterpr