Pick up the classifieds sections in any newspaper or business magazine and you’ll likely encounter a slew of ads that read somewhat like this: “Wanted: Oracle Financials, 2+ years experience, Austin, TX, $70K-$90K.” “Oracle Financials, 5+ years experience, Chicago, IL, $85K-$110K.” Clearly, there’s an emerging need for specialists in Oracle Financials nationwide.
Oracle Financials is an Oracle Application package that offers financial management solutions to companies. It deals with every aspect of a financial organization — general ledger, order entry, shipping, receivables, cash management, assets, purchasing, inventory and accounts payable. Available in 29 languages, Oracle Applications let you operate in multiple currencies and languages, support local business practices and legal requirements and handle business-critical operations across borders. Oracle Financial Applications enable finance departments within companies to manage their business globally, lower administrative costs, close books faster and improve cash management. It is deployed heavily in power and utility companies all across the country as well as in the navy and other government sectors, manufacturing companies, financial services and several other industries.
Techies And Funkies
According to Moses Pandiarajan, there are two career tracks for professionals considering an Oracle Financials specialty: the “techies” and the “funkies” — commonly used terms for technical experts and functional experts in this field. A senior application analyst with the Boston-based PictureTel Corp, Pandiarajan,a “techie,” is responsible for implementing, administering and supporting three Oracle modules worldwide. “A technical person should know the architecture of the Oracle package, how it is organized, how it is integrated, what the front end is and how data is interrelated,” he says. “A functional person should have strong industry and business process knowledge, like in shipping, order entry or purchasing.”
If an employment classified ad is seeking Oracle Financial professionals for the pre-implementation phase, then most likely, says Pandiarajan, the company is looking for functional experts. “In the initial phases of a project, the need for a funkie is very high,” he says. Functional experts analyze the project and determine the need for technical people.