Oracle HCM Fast Formula (Technical) (Job Code : J47556)  

 Job Summary
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2.00 - 7.00  Years 
Oracle HCM Fast Formula (Technical)
BE-Comp/IT, BE-Other, BTech-Comp/IT, BTech-Other, MBA, MCA
Educational Level:
Stream of Study:
Industrial Type:
IT-Software/Software Services
Functional Area:
IT Software - Other
Key Skills:
Oracle HCM
Job Post Date:
2024-02-03 10:14:56  

 Company Description
Our Client in India is one of the leading providers of risk, financial services and business advisory, internal audit, corporate governance, and tax and regulatory services.

Our Client was established in India in September 1993, and has rapidly built a significant competitive presence in the country. The firm operates from its offices in Mumbai, Pune, Delhi, Kolkata, Chennai, Bangalore, Hyderabad , Kochi, Chandigarh and Ahmedabad, and offers its clients a full range of services, including financial and business advisory, tax and regulatory.

Our client has their client base of over 2700 companies. Their global approach to service delivery helps provide value-added services to clients. The firm serves leading information technology companies and has a strong presence in the financial services sector in India while serving a number of market leaders in other industry segments.

 Job Description
?Understand the formula functional requirements and write specification documents for module specific fast formulas.
?Collaborate with the other project team members such as functional consultants to understand the impact of configurations on fast formula needs.
?Troubleshoot fast formula issues and provide resolution, configuration changes recommendations.
?Define testing scenarios and develop test scripts for functional testing of the components.
?Support clients with the execution of test scripts and resolve issues.
?Provide status and issue reports to the Project Manager on a regular basis.
?Create reusable components to reduce time and effort on future engagements.

Required Skills:
?Good exposure and technical knowledge on Payroll, Benefits & Absence specific Fast Formulas.
?Sound knowledge of concepts like Element Configuration, Voluntary Deductions, Retro, Arrears, Balances & Dimensions, Accruals, Work Schedules, Plan Enrollment, Benefits Coverage etc.
?Understanding of US Payroll concepts like 401k Plans, IRS limits etc. & will be an added advantage.
?Sound knowledge of Oracle Cloud HCM table structure & BIP.
?Experience on Extracts, HDL & PBL fast formulas is preferred.
?Good knowledge of commonly used formulas types of any implementation.
?Ability to work independently and manage multiple task assignments.
?Ability to lead junior team members in the technical track.
?Strong written, presentation and oral communication skills.
?Strong problem solving and troubleshooting skills with the ability to exercise mature judgement.

?Bachelor’s Degree (B.E. or B.Tech.) is preferred.
?Must have done at least 2 Oracle HCM implementations with focus on fast formulas development.
?Oracle Certification preferred.