
Oracle Incentive Compensation Techno-Functional Consultant
Quick overview
Job description
Location: Remote , Chicago Ridge, IL
Employment Type: Contract
Duration: 6 Months
Experience Required: 6–8 Years
Position Overview
We are seeking an experienced Oracle Incentive Compensation Techno-Functional Consultant with strong expertise in Oracle Incentive Compensation Cloud and sales compensation management solutions. The ideal candidate will have hands-on experience configuring incentive compensation plans, classification rules, assignment rules, credit rules, incentive formulas, and compensation-related business processes. This role requires the ability to translate business requirements into effective technical and functional solutions while collaborating with cross-functional teams to optimize sales compensation processes.
Key Responsibilities
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Design, configure, and maintain incentive compensation plans, plan components, performance measures, and rate tables based on business requirements.
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Configure classification rules, assignment rules, credit rules, incentive formulas, flexfields, web services, and related application setups.
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Manage Import Management processes for users, transactions, rules, and goals.
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Analyze business requirements and collaborate with IT teams to design and implement Oracle Incentive Compensation Cloud solutions.
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Develop enhancements to meet evolving business process and application requirements.
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Configure, document, test, and maintain the Oracle Incentive Compensation Cloud application, including upgrade-related activities.
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Create, modify, and maintain reports and dashboards using Oracle Transactional Business Intelligence (OTBI) and data models.
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Troubleshoot incentive compensation configuration issues, transaction processing errors, and crediting or calculation discrepancies.
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Collaborate with cross-functional teams to identify and implement effective sales compensation solutions.
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Participate in Agile Scrum activities, backlog prioritization, development planning, and solution delivery.
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Apply established Oracle implementation methodologies and support ongoing application improvements.
Required Qualifications
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6–8 years of relevant experience in Oracle applications, business analysis, compensation management, or related functional and technical roles.
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Strong hands-on experience with Oracle Incentive Compensation Cloud.
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In-depth knowledge of classification rules, assignment rules, credit rules, and incentive compensation formulas.
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Experience configuring compensation plans, plan components, performance measures, and rate tables.
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Strong understanding of flexfields, web services, and application configuration.
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Experience with Import Management for users, transactions, rules, and goals.
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Ability to analyze business requirements and translate them into functional and technical solutions.
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Experience developing and maintaining OTBI reports, dashboards, and data models.
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Experience with application enhancements, testing, documentation, and upgrade support.
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Familiarity with Agile Scrum methodologies and backlog prioritization.
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Strong troubleshooting skills related to incentive compensation processes and application configuration.
PRIMARY SKILLS
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Oracle Incentive Compensation Cloud
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Oracle Fusion Financials
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Compensation Management
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Business Analysis
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Incentive Compensation Configuration
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OTBI Reporting
SECONDARY SKILLS
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Classification Rules
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Assignment Rules
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Credit Rules
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Incentive Formulas
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Compensation Plans and Plan Components
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Performance Measures
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Rate Tables
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Flexfields
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Web Services
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Import Management
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Transaction Management
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Oracle Transactional Business Intelligence (OTBI)
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Data Models and Dashboards
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Application Enhancements
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