Oracle Financing Regional Operations Specialist - LAD

Oracle Belmont , CA 94003

Posted 2 months ago

Processes and invoices customer orders in accordance with agreed contracts. Monitors contract and business terms to mitigate Oracle's risk.

As a member of Contract Management you will assist customers, both internal and external, with license contract interpretation, negotiations and administration of licensing agreements including extensions, new business, invoicing, credit holds, receivable issues and consolidations. Draft and negotiate standard and non-standard contracts. Act as a liaison between consultants, Credit, License, Tax, Business Practices, Revenue accounting, and customers to resolve contractual and consulting business issues. Validate all aspects of contract packages for accuracy and compliance with Oracle's Business Practices and Consulting Business Approvals/Process while maintaining customer satisfaction and responsiveness. Submit contract order packages to Revenue accounting for order processing and project funding. Anticipate problems and initiate actions to ensure customer orders are processed efficiently. Prepare contract status reports.

Job duties are varied and complex utilizing independent judgment. May have project lead role. Excellent written, verbal, interpersonal, and analytical communication skills. Organized, detail oriented, and time management skills. Experience drafting and negotiating complex commercial, federal, state, and/or local government contracts. Ability to work effectively under time critical deadlines. Working knowledge of FAR/DFARS. Proficient in Email, MS Word and Excel. Knowledge of Oracle policies and procedures desired. 5 year experience in contracts, purchasing, or equivalent. BA/BS degree, Paralegal Certification or equivalent years of experience. Prior experience in high tech industry preferred.

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 or any other characteristic protected by law.

POSITION TITLE: Oracle Financing Regional Operations Specialist

  • LADPOSITION LOCATION: Redwood Shores

REPORTS TO: Manager, Oracle Financing Regional Operations

  • LAD

DEPARTMENT DESCRIPTION: Oracle Financing provides financing, leasing and custom payment solutions to customer's acquiring Oracle products and solutions from Oracle or an Oracle distribution partner. Established in 1989, Oracle Financing has over 7,000 customers, provides coverage in over 60 countries and provides solutions to customers of all sizes.

RESPONSIBILITIES: The OFD Regional Operations Specialist (ROS) is responsible for booking and administration of financing transactions in their assigned region (LAD). The ROS is the primary Oracle and Funder-facing contact supporting their assigned region. The ROS works closely with Oracle Financing Sales, Credit and Legal, as well as with Oracle Contracts, Order Management, Finance and others to ensure that financed transactions meet business practice requirements, and are booked and funded in a timely manner.

  • Provide pre-close sales and operations support:

o Provide support to Oracle Financing Sales to address questions related to documentation, amendments, pricing and tax.

  • Closed Deals

o Review completed contracts to ensure the transaction complies with OFD Business Practices (including Contracts, pricing, credit, legal, LOB)

o Address any deficiencies in the contracts working with OFD Sales, Field Operations, Legal and OFD management.

o Coordinate booking of the products and services with Oracle Contracts, Order Admin and RevRec.

o Accurately report revenue adjustments to Oracle Finance groups (AR, RevRec) on a timely basis and address questions from AR, RevRec or other Oracle Finance staff.

  • Assignment

o Prepare Assignment packages including review of the product and services invoices for accuracy; determination of funding date and preparation of Funding Reports; and coordination with OFD Funding & Risk Management and Funders.

o Handle inquiries through assignment process and post-assignment.

  • Cash Management

o Track funder initial funding and pass-thru payments, interface with Cash Apps, Collections, and Funder to ensure all OFD deals are funded timely

  • Other

o Participate as a team member or project leader on Oracle Financing process improvement and technology projects.

o Prepare management and metrics reports when requested.

o Build relationships and foster communications within Oracle and with financial institutions.

o Strive to provide a high level of customer service

Qualifications:

  • BA/HBO degree in finance, accounting, economics or business preferred.

  • Three to five years work experience in vendor financing and/or leasing operations, with in-depth knowledge of leasing/financing contracts preferred

  • Knowledge of basic finance concepts (such as discounting cash flows, net present value, internal rate of return, etc) including intermediate Excel skills.

  • Ability to think analytically, problem solve and focus attention to detail.

  • Strong written and verbal communication skills, including fluency in Spanish and English.

  • Customer service focus

  • Ability to work effectively under time critical deadlines

  • Ability to work independently and demonstrate strong decision making ability under pressure situations

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Oracle Financing Regional Operations Specialist - LAD

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