Oracle Fusion Financials Consultant Career: R2R, P2P and O2C Explained

An Oracle Fusion Financials functional consultant configures and supports the finance part of Oracle's cloud ERP so that a company's accounting processes run correctly in the system. Unlike a developer, a functional consultant spends most of the time on business processes, setups and testing rather than code. If you are an accountant, a commerce or finance graduate, or someone already in an ERP support team, this is one of the more natural routes into IT-side work.

R2R, P2P and O2C: what the letters mean

Job titles often add a process area in brackets. They describe which part of the finance cycle you will own:

• R2R (Record to Report): the general ledger, journals, period close, intercompany, and financial reporting. Modules typically include General Ledger, and sometimes Fixed Assets and Cash Management.
• P2P (Procure to Pay): purchasing through to paying suppliers. On the finance side this is mostly Payables, often working with procurement modules.
• O2C (Order to Cash): billing, receivables and collections. On the finance side this is mostly Receivables.

An R2R consultant needs a strong grip on accounting entries and closing. A P2P or O2C consultant needs to understand the business flow upstream as well, such as purchase orders or sales orders.

What the work looks like

• Understanding how the company does a process today and how it should run in the system
• Configuring setups such as ledgers, chart of accounts, calendars, approval rules and tax setups
• Writing functional design documents and test scripts
• Supporting users during month-end close and fixing issues they raise
• Testing quarterly cloud updates, because Oracle Fusion is updated regularly and changes need checking
• Working with technical teams on reports, integrations and data migration

Skills employers usually check

• Accounting fundamentals: journals, accruals, reconciliations, and how the close works
• Hands-on configuration experience in the specific modules named in the listing
• Comfort with Excel and data, because migrations and reconciliations are data-heavy
• Clear written communication for design documents and user guidance
• For lead roles, experience on full implementations and handling business stakeholders

How people usually move in

Many consultants start as accountants who used Oracle as end users and then joined the ERP or finance-systems team. Others join consulting firms as trainees and learn on projects. Some people take Oracle training and certification; check Oracle University's own site for what is currently offered. Certification can help you get shortlisted, but interviewers usually test whether you understand the accounting behind the setups.

Questions to ask before applying

• Is this an implementation role, a support role, or both?
• Which modules and process area will you own?
• Is it in-house at a company that runs Oracle, or at a consulting firm with many clients?
• What does month-end look like for the team in terms of hours?

How to search on CareerCola

These roles are listed under the IT and technology category and sometimes under the finance category, so check both. Search for "Oracle Fusion", "Oracle Financials", and the process name such as "R2R". If you are coming from accounting, our guide on FP&A analyst jobs covers a related finance path.

In short: pick a process area that matches your accounting strength, get hands-on with the modules, and be ready to explain the accounting behind every setup.