Oracle Fusion Incentive Compensation System Analyst (OFIC)

Vertiv

  • Pune, Maharashtra
  • Permanent
  • Full-time
  • 1 month ago
Job Description:System Analyst Oracle Incentive CompensationAn Oracle Fusion Incentive Compensation (OIC) System Analyst is responsible for designing, configuring, implementing, and maintaining Oracle Fusion Incentive Compensation module (like ERP and HCM modules) to meet specific business needs, including gathering requirements, testing functionalities, training users, and providing ongoing support for the system, developing customizations when needed, ensuring smooth operation and alignment with business processes.
  • Requirement Gathering: Collaborate with cross functional stakeholders to understand business needs and translate them into functional specifications for Oracle Fusion Incentive Compensation application.
  • System Design: Design and configure Oracle Fusion Incentive Compensation module to match business requirements, including creating participants, rules, comp plans, data mapping, workflow design, and security settings.
  • Implementation: Execute the implementation process, performing system setup, data migration, and customization as needed.
  • Testing and Quality Assurance: Develop test plans, execute functional and regression testing, and identify and resolve issues.
  • User Training: Create and deliver training materials and sessions for end users on Oracle Fusion functionalities.
  • Maintenance and Support: Provide ongoing technical support to users, troubleshoot issues, and manage system updates and upgrades.
  • Reporting and Analytics: Develop reports and dashboards using Oracle Fusion reporting tools to monitor system performance and provide insights to business users.
  • Documentation: Create and maintain comprehensive documentation for system configurations, processes, and procedures.
Required Skills
  • 2 to 4 years of implementing or maintaining Oracle Fusion Incentive Compensation module.
  • Strong understanding of Oracle Fusion Cloud applications and Incentive Compensation Module, familiar with Financials/Payables.
  • Experience with defining and configuring Participants and Roles.
  • Experience in creating compensation plans and performance measures in Oracle Fusion Cloud Incentive Compensation module.
  • Experience with crediting and processing transactions.
  • Experience in creating payment plans and run payment processing.
  • Experience with integrating with payable systems, preferable Oracle EBS.
  • Experience with integrating with third party applications to import transactional data.
  • Experience in implementing, extending attainment reports.
  • Experience in system analysis, design, and implementation methodologies.
  • Proficiency in configuration tools and customization options within Oracle Fusion
  • Excellent communication and collaboration skills to work with cross-functional teams.
  • Analytical and problem-solving abilities to identify and resolve system issues
  • Ability to translate business requirements into technical solutions
  • Knowledge of data migration and integration techniques
  • Experience with SQL and reporting tools.
  • Oracle Fusion Incentive Comp certification is preferred.

Vertiv