Oracle Subscription Management Cloud (OSMC) Techno-Functional Consultant

Purple Drive Technologies

• $90K — $130K *
Schaumburg, IL 60193In-Person
Information Technology
Less than 5 years of experience
More than 3 months ago
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in subscription management and related fields.
  • Proven expertise in Oracle Subscription Management Cloud configuration.
  • Familiarity with ASC 606/IFRS 15 revenue recognition standards.
  • Strong understanding of Order-to-Cash processes and Oracle Fusion Cloud.
  • Demonstrated ability to create functional design documents and test cases.
  • Exceptional stakeholder management and communication skills.

Responsibilities

  • Lead workshops to gather requirements and develop functional designs for subscription models.
  • Configure Oracle Subscription Management Cloud for optimal performance.
  • Manage the complete subscription lifecycle from creation to cancellation.
  • Ensure smooth integration with Order Management, Receivables, and other external systems.
  • Facilitate System Integration Testing (SIT) and User Acceptance Testing (UAT), troubleshoot issues post-launch.
  • Provide user training and post-go-live support as needed.
  • Serve as the Subject Matter Expert on subscription best practices and SaaS billing.

Benefits

  • Opportunity to work with cutting-edge Oracle technologies.
  • Potential to drive process improvements in subscription management.
  • Access to a supportive team environment focused on collaboration.
  • Chance to develop skills in revenue recognition and stakeholder management.
Full Job Description
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
* Ladders Estimates

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