Oracle Subscription Management Cloud (OSMC) Techno-Functional Consultant

Purple Drive

Schaumburg, IL

Overview:

Experience Required

Lead client workshops, gather requirements, and translate them into functional designs for subscription models (recurring, usage-based).
Configure Oracle Subscription Management Cloud, including product catalogs, pricing rules, billing schedules, proration, and discount logic.
Manage end-to-end subscription lifecycle: creation, amendments, renewals, upgrades, downgrades, and cancellations.
Ensure seamless integration with Order Management (OM), Receivables (AR), Revenue Management (RMCS), and external systems for a unified solution.
Drive SIT/UAT, troubleshoot issues, provide post-go-live support, and conduct user training.
Hands-on experience in conversion of contracts to OSMC.
Act as Subject Matter Expert (SME), advising on subscription best practices, SaaS billing, and revenue recognition (ASC 606/IFRS 15).

Technical & Functional Skills

Deep functional expertise in Oracle Subscription Management Cloud.
Strong knowledge of Order-to-Cash (O2C) processes and Oracle Fusion Cloud.
Experience with related Oracle modules (OM, AR, RMCS, Install Base).
Ability to create functional design documents (FDDs) and test cases.
Understanding of revenue recognition standards (ASC 606).
Excellent stakeholder management and communication skills.

Core Subscription Management Knowledge

Product Catalogs and Services
Pricing and Rating Models
Billing and Invoicing
Renewals and Cancellations
Revenue Recognition

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Vacancy posted 5 days ago

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