Lead Oracle Fusion Costing Consultant (Contract Manufacturing & Cost Accounting)

Role: Lead Oracle Fusion Costing Consultant (Contract Manufacturing & Cost Accounting)
Location: San Carlos, CA (Hybrid)
Duration: 6+ month contract
Note: Life Sciences domain experience is mandatory. Please ensure all shared profiles reflect a relevant background in this field.
Job Description:
We are seeking an experienced Lead Oracle Fusion Costing Consultant with deep cost accounting expertise and hands-on experience structuring financial controls in outsourced and contract manufacturing environments. In this role, you will lead high-impact process consulting engagements, designing end-to-end costing, inventory valuation, and subledger accounting models for complex global supply chains. You will act as the functional bridge between CFOs, Cost Controllers, Plant Accountants, and Supply Chain Operations teams to align physical product movements with exact financial reporting.
Key Responsibilities:
- Process Consulting & Solution Architecture:
- Lead business process re-engineering and fit-gap analysis for cost accounting flows across direct, indirect, and outsourced manufacturing operations.
- Architect end-to-end costing strategies in Oracle Cloud Cost Management tailored for Toll Manufacturing, Contract Manufacturing Organizations (CMOs), Turnkey Manufacturing, and 3PL/4PL networks.
- Advise finance and operations leaders on cost element design, standard vs. actual cost methods, material overhead absorption, variance analysis, and intercompany markup structures.
- Oracle Fusion Cloud Configuration & Design:
- Design and configure Oracle Cost Management, Subledger Accounting (SLA), Inventory Management, and Manufacturing modules as they interface with Cost Accounting.
- Establish cost organizations, cost books (Primary, Secondary, and Tax), cost elements, valuation structures, and overhead allocation rules.
- Configure accounting setups for outsourced workflows, including consigned inventory, supplier-provided components, contract manufacturing service fees, tolling fees, and return-to-vendor (RTV) adjustments.
- Set up multi-currency cost accounting, transfer pricing, and intercompany margin eliminations for global supply chains.
- Integration, Reporting & Financial Reconciliation:
- Define functional requirements for integrations between Oracle Cloud Costing, MES, 3PLs, and external CMO portals.
- Build cost accounting reporting strategies using OTBI, Financial Reporting Web Studio, and BI Publisher for gross margin analysis, WIP valuation, scrap analysis, and COGS reconciliations.
- Oversee data conversion for item costs, WIP balances, and historical cost layers during cutover, ensuring full reconciliation with legacy general ledgers.
Requirements:
- Accounting Expertise: 7+ years of hands-on corporate finance/cost accounting experience prior to or alongside consulting.
- Contract Manufacturing Experience: Direct experience modeling cost flows for outsourced and contract manufacturing environments (e.g., component issuing to CMOs, assembly service fees, tolling, supplier-consigned inventory).
- Oracle Fusion Depth: 8+ years of total Oracle ERP experience, including 3+ years leading Oracle Fusion Cost Management Cloud implementations.
- Consulting Mindset: Proven track record in process consulting, facilitating executive workshops, mapping AS-IS vs. TO-BE processes, and managing change across finance and operations teams.
- Functional Modules: Deep expertise in Oracle Fusion Cost Management, SLA, Inventory, Manufacturing, and General Ledger integration points.

Regards

Ravi sharma