Oracle Functional Consultant - Procurement

Join us at iteria.us

With over 25 years of proven success, iteria.us has earned a reputation for delivering exceptional IT services and application managed solutions. We specialize in Oracle Cloud, Managed Services, and Custom Application Development, bringing deep industry expertise, white-glove customer service, and unwavering resource continuity to every client we serve.

Our mission is simple: we partner closely with our clients to understand their unique challenges, deliver impactful solutions, and help them become more agile, resilient, and competitive. At iteria.us, we don’t just solve problems—we help our clients evolve.

Overview:

We are seeking an experienced Oracle Functional Consultant specializing in Procurement, Inventory Management, and Accounts Payable to join our dynamic team. The ideal candidate will have deep functional expertise in implementing and supporting Oracle Cloud Procurement and Supply Chain Management modules, with a strong focus on procure-to-pay processes, inventory optimization, and financial integration.

Key Responsibilities:

• Lead the functional implementation and support of Oracle Cloud Procurement modules including Sourcing, Purchasing, Supplier Management, and Self-Service Procurement as a subject matter expert.

• Possess hands-on expertise in Oracle Cloud Inventory Management, including inventory organizations, item master setup, lot and serial tracking, cycle counting, and inventory valuation methods.

• Demonstrate comprehensive knowledge of Oracle Cloud Accounts Payable processes, including invoice processing, payment methods, expense management, and three-way matching configurations.

• Configure and optimize procure-to-pay business processes, ensuring seamless integration between Procurement, Inventory, and Accounts Payable modules to meet specific client requirements.

• Implement complex functional solutions and effectively resolve business process challenges using deep knowledge of Oracle Procurement suite, analytical problem-solving skills, and a commitment to delivering exceptional customer service.

• Design and configure approval workflows, procurement business rules, and supplier collaboration portals to streamline procurement operations and enhance user experience.

• Lead requirements gathering sessions with stakeholders to understand procurement processes, identify gaps, and recommend Oracle Cloud best practices for optimal business outcomes.

• Configure procurement categories, catalogs, and punchout integrations to support various procurement scenarios including direct and indirect purchasing.

• Establish and maintain inventory policies, including min-max planning, reorder points, safety stock calculations, and demand forecasting parameters.

• Design and implement accounts payable controls, including invoice approval hierarchies, payment terms, tax configurations, and compliance reporting requirements.

• Collaborate effectively with project teams and client stakeholders to manage relationships, ensuring clear communication of functional requirements and successful project delivery.

• Conduct functional testing of procurement scenarios including purchase requisitions, purchase orders, receipts, invoicing, and payment processes to ensure system integrity.

• Work closely with cross-functional teams including Finance, Supply Chain, and IT to assess business needs and deliver integrated Oracle Cloud solutions that meet operational and strategic goals.

• Provide functional expertise during system integrations with third-party systems, ensuring data accuracy and process continuity across the procurement landscape.

• Develop and deliver end-user training programs, create functional documentation, and provide ongoing support to ensure successful user adoption and system utilization.

• Stay current with Oracle Cloud quarterly releases and new functionality, evaluating and implementing relevant features to enhance procurement efficiency.

Required Skills

• A minimum of 4-6 years of Oracle Procurement functional experience is essential, with hands-on implementation and support expertise.

• Proven experience in implementing and configuring Oracle Cloud Procurement modules including Sourcing, Purchasing, Supplier Management, and Procurement Contracts.

• Strong functional knowledge of Oracle Cloud Inventory Management including organizations, items, transactions, and costing methods.

• Comprehensive understanding of Oracle Cloud Accounts Payable processes, configurations, and integration touchpoints.

• Experience with procurement business process design, including approval workflows, catalog management, and supplier onboarding processes.

• Knowledge of integration points between Procurement, Inventory, Finance, and external systems.

• Understanding of procurement compliance requirements, internal controls, and audit processes.

• Ability to translate business requirements into functional system configurations and process designs.

• Must have experience reconciling between PO, AP, GL

Preferred Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, Finance, Information Technology, or a related field. A master's degree is preferred.

• Oracle Cloud Procurement certification or equivalent professional certifications in procurement/supply chain management.

• Experience with Oracle Cloud reporting tools and data analysis for procurement metrics and KPIs.

• Knowledge of industry best practices in procurement, inventory management, and accounts payable processes.

• Excellent collaboration skills with a proven ability to work with cross-functional teams and manage stakeholder relationships.

• Strong analytical and problem-solving skills with a focus on customer satisfaction and business value delivery.

• Excellent written and verbal communication skills with the ability to present complex functional concepts to both technical and business audiences.

Iteria.us offers a comprehensive benefits package, paid time off, and an employee centric culture.

All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.