Oracle Incentive Compensation Techno-Functional Consultant

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

• Design, configure, and maintain incentive compensation plans, plan components, performance measures, and rate tables based on business requirements.
• Configure classification rules, assignment rules, credit rules, incentive formulas, flexfields, web services, and related application setups.
• Manage Import Management processes for users, transactions, rules, and goals.
• Analyze business requirements and collaborate with IT teams to design and implement Oracle Incentive Compensation Cloud solutions.
• Develop enhancements to meet evolving business process and application requirements.
• Configure, document, test, and maintain the Oracle Incentive Compensation Cloud application, including upgrade-related activities.
• Create, modify, and maintain reports and dashboards using Oracle Transactional Business Intelligence (OTBI) and data models.
• Troubleshoot incentive compensation configuration issues, transaction processing errors, and crediting or calculation discrepancies.
• Collaborate with cross-functional teams to identify and implement effective sales compensation solutions.
• Participate in Agile Scrum activities, backlog prioritization, development planning, and solution delivery.
• Apply established Oracle implementation methodologies and support ongoing application improvements.

Required Qualifications

• 6–8 years of relevant experience in Oracle applications, business analysis, compensation management, or related functional and technical roles.
• Strong hands-on experience with Oracle Incentive Compensation Cloud.
• In-depth knowledge of classification rules, assignment rules, credit rules, and incentive compensation formulas.
• Experience configuring compensation plans, plan components, performance measures, and rate tables.
• Strong understanding of flexfields, web services, and application configuration.
• Experience with Import Management for users, transactions, rules, and goals.
• Ability to analyze business requirements and translate them into functional and technical solutions.
• Experience developing and maintaining OTBI reports, dashboards, and data models.
• Experience with application enhancements, testing, documentation, and upgrade support.
• Familiarity with Agile Scrum methodologies and backlog prioritization.
• Strong troubleshooting skills related to incentive compensation processes and application configuration.

PRIMARY SKILLS

• Oracle Incentive Compensation Cloud
• Oracle Fusion Financials
• Compensation Management
• Business Analysis
• Incentive Compensation Configuration
• OTBI Reporting

SECONDARY SKILLS

• Classification Rules
• Assignment Rules
• Credit Rules
• Incentive Formulas
• Compensation Plans and Plan Components
• Performance Measures
• Rate Tables
• Flexfields
• Web Services
• Import Management
• Transaction Management
• Oracle Transactional Business Intelligence (OTBI)
• Data Models and Dashboards
• Application Enhancements