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Position: Oracle Cloud HCM Functional - Compensation
Location: Hyderabad
Experience: 6+ Years
Responsibilities:
The HCM Cloud Functional consultant is responsible for requirement gathering, configuration, CRPs and functional consulting activities in implementation and support projects.
Overall, more than 6 years of Oracle HCM experience in functional roles that may include on-premise and Cloud
Should have at least 4-5 years of experience in Oracle HCM Cloud implementation as a Functional Consultant.
Must have experience working on all phases of a project – Demos/workshops, Requirement Gathering, analysis/design, configuration, CRP, validation, transition, realization, production support, etc.
Must have a strong track record of delivering Oracle HCM Cloud solutions, including extensive experience in the areas of business process analysis, requirement definition, and solution design.
Experience in at least 3 end-to-end implementations in Compensation
Working knowledge of Core HR (Global Human Resources) and Talent Management is required as secondary skills – see the skills detail below. Additional exposure to ORC, Benefits, Payroll / Payroll Interface, Absence Management, HR Helpdesk or Worklife Solutions is preferred.
Should know most of the Oracle HCM Cloud modules and awareness of the latest release functionality
Must be flexible to travel
Primary Skills – Oracle Cloud Compensation:
Workforce Compensation: plan setup and configuration, compensation cycles, budget pools and budget distribution, worksheet design and column properties, eligibility profiles, approvals, compensation change statements, and modelling / what-if analysis.
Individual Compensation Plans (ICP): one-time and recurring awards, element and payroll linkage, plan access and eligibility.
Salary administration: salary bases, salary components, grades, grade rates, grade ladders and steps, and grade step progression.
Total Compensation Statements: statement definition, categories, sources and generation.
Fast Formula for compensation: eligibility, default and validation formulas, proration, rounding and currency conversion rules.
Data loading and reporting: HCM Data Loader / Spreadsheet Data Loader for salary, grades and grade rates; HCM Extracts, OTBI subject areas and BI Publisher reporting for compensation.
Market data and benchmarking, Compensation History, and integration of compensation results into Payroll and downstream systems.
Secondary Skills – Oracle Cloud Core HR (Global Human Resources):
Enterprise and workforce structures: legal entities, legal employers, legislative data groups, business units, divisions, departments, locations, jobs, positions and position hierarchies – including position synchronization, which drives compensation eligibility.
Person and employment model: person records, work relationships, assignments, employment terms, and the actions / action reasons framework.
Workforce record maintenance: hire, promotion, transfer and termination flows, and their downstream impact on salary and compensation eligibility.
Approvals and workflow: BPM approval rules, approval hierarchies and the Transaction Console.
HCM security: roles, data roles, security profiles and Areas of Responsibility, specifically as they govern access to compensation plans, worksheets and salary data.
Configuration tooling: descriptive and extensible flex fields, lookups, value sets, Checklists and Document Records.
HCM Data Loader / Spreadsheet Data Loader, HCM Extracts, and Redwood / HCM Experience Design Studio transaction design.
Secondary Skills – Oracle Cloud Talent Management:
Performance Management: performance templates and documents, rating models, review periods, eligibility profiles and the end-to-end performance process flow.
Use of performance ratings as a compensation driver, including feeding performance documents and ratings into Workforce Compensation worksheets.
Goal Management: goal plans, goal libraries, mass assignment and alignment to performance documents.
Profile Management: talent profiles, content types, content items, model profiles and profile comparison.
Talent Review and Succession Planning: talent review meetings, 9-box analytics, succession plans and talent pools.
Career Development: development goals, career interests and role readiness.
Calibration and talent ratings, plus awareness of Oracle Recruiting (ORC) offer compensation as an upstream touchpoint.
Desired Skills/Good to have:
Ability to conduct training and knowledge sharing sessions in Fusion applications
Exhibit effective analytical skills & organizational skills
Good command over spoken & written English
Effectively manages scope and customer expectations on individual assignments
Follows through on all assignments and takes ownership of customer issues
Work arrangement
Hybrid
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