Onshore Oracle SCM Cloud Functional Lead
Momento USA
Momento USA is a global technology consulting, talent acquisition and creative development firm that addresses clients most pressing needs and challenges. We currently looking for Onshore Oracle SCM Cloud Functional Lead for a client based out in Orlando, FL . Please see the job description below for your reference.
Position: Onshore Oracle SCM Cloud Functional Lead
Location: - (Orlando, FL).
They will have to go to client offices 2-3 days a week.
Note : Focus on SCM modules (Inventory, Order Management, Procurement).
Oracle SCM and ERP Landed Cost Management (LCM) are features within Oracle's supply chain and enterprise resource planning systems that provide financial visibility into the total cost of acquiring goods, including all associated charges like transportation, insurance, and duties. It works by first estimating these costs before an item is received and then updating them with actual amounts from sources like supplier invoices, allocating these costs to shipments, orders, and products for more accurate financial reporting and decision-making.
Key functions and benefits
Captures all costs: Aggregates all extended supply chain costs, including freight, handling fees, insurance, and import/export duties and taxes.
Provides cost visibility: Enables companies to see the real cost of items by incorporating these additional charges, which can be a significant portion of the total cost.
Estimates and updates: Initially estimates costs to aid in pre-purchase decisions and later updates them with actual costs once invoices are processed.
Allocates costs: Distributes and allocates charges to specific shipments, orders, and products to ensure accurate accounting and inventory valuation.
Enhances decision-making: Provides data to improve pricing strategies, evaluate new product plans, and negotiate contracts more effectively.
Ensures compliance: Helps in complying with regulatory mandates related to trade activities.
Improves financial processes: Maximizes profits and improves visibility into outstanding liabilities.
How it works
Capture charges: Charges are captured and grouped under a trade operation, which is a logical entity for a single business transaction, such as a shipment.
Perform allocations: Material purchase order schedules and transfer order shipments are associated with the trade operation, and the charge amount is allocated to the respective orders and receipts.
Create accounting: The final step is creating the accounting entries for all incurred charges, which is transferred to the Receipt Accounting and Cost Accounting modules.
Match invoices: Information from supplier invoices in Oracle Payables is used to calculate the actual landed costs once they are matched to receipts.
If interested, please share your detailed latest resume along with the required info to speed up the process.
Ahmed Ali
IT Recruiter
Momento USA | Exceeding Customer Expectations
440 Benigno Blvd, Unit#A-5 2nd Floor, Interstate Business Park, Bellmawr, NJ 08031
Phone No: View phone number on us.fitly.work Fax: (866) 605-1171Email: Ahmed @momentousa.com Web:
Linkedin : linkedin.com/in/ahmed-ali-b3b184203
Note: Momento USA is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
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