Oracle Finance Role in Mumbai for a Temp Staff to the primary responsibilities of the position are consolidation and treasury functions which involve the preparation of audit schedules, allocation of common expenses, segmental reporting, month-end and quarter-end closing activities, journal entry processing, and adhoc management analysis. If you are a fresher or have up to 2 years of experience, then this role is just right for you as it provides you with the opportunity to be exposed to corporate finance operations, ERP systems and have your career developed in a global IT leader.
- Position: Temp Staff
- Company: Oracle
- Location: Mumbai
- Experience: 0-2 yrs
- Education: Bachelor’s degree in Finance
- Salary: ₹3.5 – 5 LPA
- Employment Type: Full Time
Oracle Corporation
Oracle Corporation is a renowned American multinational technology company that is based in Austin, Texas. The company, which started out as a database software pioneer, has powered through to be a leader all over the world in enterprise software, cloud solutions, as well as IT infrastructure.Oracle offers extensively diversified products inclusively ERP, HCM, CRM, EPM, and SCM software, which can be used to serve businesses of any size and in any sector. Being at the forefront of innovation and being dependable, Oracle allows the organisations to create efficiencies, enhance decision-making, and accelerate their digital transformation journey.
Responsibilities of Oracle Finance Role in Mumbai
The role of the Temp Staff in the Finance team of Oracle is a mix of several “must-do” tasks, which mainly involve the financial consolidation, treasury management, and reporting processes. The main tasks of the position include:
1. Preparation of Audit Schedules
- Help to come up with complete schedules that are necessary for consolidated financial statements.
- Make sure that the audit requirements both at a corporate and statutory level are followed.
2. Allocation of Common Expenses
- Properly allocate the shared expenses to various business units.
- Keep expense allocation internal reporting at a level that is free from any doubt or question.
3. Segmental Reporting
- Produce financial reports of different segments of the business.
- Help management realize the business/improvement opportunities by providing profitability/ performance insights.
4. Adhoc Analysis
- Perform the analysis that the management requires to support decision-making.
- Disclose the aspects of financial trends, variances, and operational performance through the data provided.
5. Month-End and Quarter-End Close Activities
- Help in the process of closing the financial books without delay.
- Confirm journal entries, do account reconciliations and most importantly, reports’ accuracy.
Job Description of Finance of Oracle
This position is within the Finance of Oracle Financial Services Software (OFSS), with a primary focus on consolidation and treasury functions. The team work consists of:
- Preparation of OFSS and other related entities’ consolidated financial statements.
- Treasury operations, including but not limited to fund management, foreign exchange (FX) management and other related processes.
- The Temp Staff is empowered to work with cross-functional teams and directly report to finance managers. The candidate will be exposed to corporate finance operations, ERP systems (Oracle Finance), and the overall accounting lifecycle.
Qualifications for Oracle Job Career
Oracle requires employees with a variety of educational and work experiences such as the following
- Education: Bachelor’s degree in Finance, Accounting, Commerce, or Business Administration.
- Experience: Freshers or 0-2 years of relevant work experience in finance, accounting, or treasury.
- Certifications (may be helpful but not mandatory):CA Foundation / Inter / IPCC,ACCA / CPA,Accounting or Finance Software Diploma.
Skills Required for Temp Staff in Oracle Finance
Can do successfully as a Temp Staff in Oracle Finance In this case, a candidate should have the next skills:
1. Technical Skills
- The strong point of the candidate must be MS Excel (e.g. pivot tables, VLOOKUP, formulae).
- Knowledge of Oracle Financials or ERP systems.
- Learning of accounting principles and financial statements.
2. Analytical Skills
- The candidate should be able to do variance analysis, segmental reporting, and financial analysis.
- He or she must be very meticulous and with strong problem-solving skills.
3. Communication Skills
- Communication has to be good both written and verbal so that the candidate can report and interact with the teams.
- The candidate is also epected to be able to do audit schedules and reports in a clear and brief way.
4. Time Management
- One who is able to handle several tasks and still be able to meet a deadline is such a person who is good at time management.
- Usage of month-end and quarter-end close activities should be done effectively.
5. Soft Skills
- The candidate should be a person who is a member of the team with a forward-looking approach.
- The candidate should be quick at learning and should be able to adjust to new procedures and systems.
Benefits of Oracle Job Vacancy
Take the position of Temp Staff at Oracle and enjoy the following benefits in your career as well as life:
1. Professional Growth
- Get the opportunity to become familiar with the global finance processes besides treasury operations.
- Learn to work globally under the supervision of professionals and the managers of a multinational environment.
2. Skill Development
- Get the experience you need with the help of ERP systems, consolidated financials, and corporate accounting.
- You have the possibility of improving your analytical, reporting, and problem-solving skills.
3. Networking Opportunities
- You have access to work with people from different departments as well as different locations.
- Make connections that can develop your future path in the world of jobs.
4. Additional Perks
- For entry-level roles in the finance field, the candidate will receive a good salary plan.
- Good work environment with policies that are employee-friendly and flexible hours.
Salary Expectations of Oracle Jobs
The salary for a Temporary Staff in Oracle Finance Mumbai is generally a function of the staff’s work experience, educational qualifications and the skill set. So for example a fresher or a candidate with 0-2 years of work experience would be remunerated as follows:
- Approximate Salary Range: ₹3,50,000 – ₹5,00,000 per annum
- Components: Basic pay, performance-linked incentives, welfare, and perks
- Note: Pay may also differ from Oracle’s internal policy, location-wise, and based on candidate negotiation.
Career Growth Opportunities at Oracle
Oracle has a bountiful horizon of career growth opportunities for finance professionals. Some of the next roll for a Temporary Staff member includes:
1. Junior Finance Analyst: More involvement in financial reports and the central treasury functions.
2. Senior Financial Analyst: Managing financial consolidation, budgeting and forecasting are the areas worked on here.
3. Finance Manager / Assistant Manager: Be the leader of the teams, take charge of the audit processes and financial planning of the company.
4. Treasury Specialist / Manager: Become an expert in fund management, foreign exchange and cash management.
5. Cross-Functional Opportunities: You can also shift easily to a job in operations, risk or ERP implementation at Oracle.
How to Apply Oracle Job Career
There are several ways in which candidates can submit an application for the position of Temporary Staff.
1. Oracle Careers Portal
Step 1: Go to the Oracle Careers portal
Step 2: Look for the position with the title “Temp Staff – Finance Mumbai” and fill out an application.
2. Job Portals: Often, the openings at Oracle are posted on platforms like LinkedIn, Naukri, Indeed, and Monster.
3. Referral Programs: Take advantage of your professional contacts or referrals from workers at Oracle, and you will have a better chance of being selected.
Application Tips:
- Create a well-organized resume that emphasizes the finance projects, internships, and academic achievements you have done.
- Add MS Excel, ERP knowledge, and analytical abilities to your list of skills.
- Make the cover letter being yours, showing your strong interest in finance and Oracle’s mission.
Interview Preparation Tips for Temp Staff at Oracle in Mumbai
Follow these tips to shine at the Oracle Finance interview:
1. Understand the Role: Go through the first line duties of the position like consolidation, journal entries, audit schedules, and treasury management.
2. Brush Up on Accounting Basics: Topics: GAAP, IFRS, accrual accounting, journal entries, balance sheet, P&L.Learn by doing posting entries and reconciling accounts.
3. ERP & Technical Skills: Have knowledge of Oracle Financials or any other similar ERP system.Work hard on Excel (including pivot table, VLOOKUP, and macros).
4. Scenario-Based Questions: Such questions as these will be part of your prep:
- – How would you let each department have its fair share of the common expenses?
- – How do you make sure inter-company accounts match?
- Explain how you do the closing for the month and quarter.
5. Behavioral Questions
- State lots of strong examples relating to teamwork, problem-solving, and meeting the deadline during preparation.
- For well-structured answers, you should use the STAR method (Situation, Task, Action, Result).
FAQs for Oracle Finance Job in Mumbai
Q1: What is the eligibility for this role?
A: Candidates having 0-2 years of experience in finance, accounting, or any related field, and a bachelor’s degree in Commerce, Finance, or Business Administration are eligible.
Q2: Is this a permanent role or contract-based?
A: This is a permanent position, but it is possible to have some temporary assignments at the beginning of the job.
Q3: Which skills are most important for this position?
A: The most important skills are; strong accounting knowledge, analytical skills, good command of MS Excel, and familiarity with ERP systems.
Q4: What is the career growth potential at Oracle?
A: Candidates can move from Temp Staff → Junior Analyst → Senior Analyst → Finance Manager or Treasury Specialist positions, and not only that but the possibility to work in different departments further increases career growth.
Q5: What is the approximate salary for freshers?
A: ₹3.5 – 5 LPA, it also depends on experience and qualifications.
Conclusion
The Temp Staff at Oracle in Mumbai is a great way for the candidates to make a career jump into the finance department of the company. Working in such a position means getting amazing exposure to consolidation, treasury, and reporting functions. Essentially, this role is about hands-on experience in a global, technology-driven environment.One can see success in this role if he or she combines a good technical accounting knowledge, strong analytical skills, good ERP proficiency, and effective communication.
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