Finance Operations Manager – Oracle Financing Division

Job content

Department Description:
Oracle Financing Division provides Oracle and its distribution partners financing and leasing acquisition solutions for Oracle products and services, and solutions build upon Oracle. OFD operates in over 70 countries and supports all of Oracle’s lines of businesses and distribution channels. OFD is a global leader in technology finance and seeks employees who can meet the demanding standards of Oracle customers and colleagues.

Brief Description:
This position is responsible for various finance functions to support OFD globally with objective to centralize and simplify processes. This position will work closely with OFD Operations, Controllers, and other Finance teams to ensure OFD transactions are processed and recorded timely and accurately.

Detailed Description:
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Develop and Establish system and processes for servicing OFD Warehouse transactions globally to:

Manage collections and customer inquiries to nurture healthy customer relationship to ensure timely payments

Prepare pro-forma invoices/payment notices to customer for upcoming payments due.

Track and collect customer payments in accordance with payment due dates.

Handle inbound/outbound calls and emails with customer for regular updates and prepare Call notes

Maintain and manage Past due invoice statements to send out for regular payment follow ups

Enforce remedies and send letters to pursue payments overdue as per Contract

Work with Termination and Legal team on any uncollectable payments

Prepare weekly/Monthly progress reports and Dashboard metrics to report status to Senior Management

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Coordinate with Oracle divisions (Controllers & Order to Cash Processing Team) to resolve reconciliation issues and deal disputes. This includes a broad range of responsibilities, such as:

Review OFD Contracts and Oracle Financial Systems to identify discrepancies and errors

Perform deal analysis with instructions to resolve any outstanding invoice, unapplied cash, and accounting entries errors

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Perform special projects supporting the global business to improve and automate processes in transaction flow and reporting.

Qualifications:
Master degree /MBA in Finance and Accounting

8+ years of work experience in finance/operations with knowledge on Order to Cash activities and Customer servicing.

Proven experience

in Collection process with knowledge of Billing and Collections system

Problem solving with strong financial analytical and Excel skills

Ability to present ideas and recommendations to Senior management for decision making

Team management experience with direct reporting

Expert on working with cross-functional teams and bridging team engagement

Experience with implementing systems enhancement and driving process improvement projects

Provides support to Financing (Sales) in managing arrangements with customers and 3rd party funding bodies.

This position will work closely with Sales and funding sources to implement funding activity. Position will take responsibility for day to day operating relationships, and policies for managing transactions flow and improve Credit and Syndication process. Manage deal flow from submission and credit review, through pricing and final approval. Work creatively to structure and get approval for unusual transactions or credits. Assist in expanding credit bandwidth and reducing cost of funds through development of Investment Pools and Portfolios.

Coordinates the daily activities of a work group, setting priorities to ensure task completion. Provides technical/functional leadership as well as first line supervision, but does not have hire/fire authority.
Innovation starts with inclusion at Oracle. We are committed to creating a workplace where all kinds of people can be themselves and do their best work. It’s when everyone’s voice is heard and valued, that we are inspired to go beyond what’s been done before. That’s why we need people with diverse backgrounds, beliefs, and abilities to help us create the future, and are proud to be an affirmative-action equal opportunity employer.

Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans status, age, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.