Posted 20 July, 2026
Senior Business Analyst Oracle Fusion SCM
VARITE INDIA PRIVATE LIMITED
Mumbai, Maharashtra, IN
Full Time
Reference: 26-39295-2522-2
Company Name: VARITE India Private Limited
About The Client:
A global professional services network and part of the Big Four, along with Client, EY, and KPMG, operating across 149 countries worldwide.
Essential Job Functions:
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the preferred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral:
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer:
VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status
About The Client:
A global professional services network and part of the Big Four, along with Client, EY, and KPMG, operating across 149 countries worldwide.
Essential Job Functions:
- Lead requirement gathering, gap analysis, solution design, and implementation of Oracle Fusion SCM and Procurement Cloud modules
-
Implement Oracle Fusion modules including:
- Purchasing
- Self-Service Procurement
- Sourcing
- Procurement Contracts
- Supplier Portal
- Inventory Management
- Configure and prototype Oracle Fusion solutions to support complex banking workflows
- Design multi-level approval hierarchies, cost-center allocations, and capital expenditure controls
-
Define integration points between Oracle Fusion and internal banking systems
- General Ledger (GL)
- Core Banking Systems
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Drive implementation of OCR technologies for invoice ingestion, contract extraction, and receipt matching
- Implement OCR solutions using Oracle Document Understanding, Kofax, ABBYY, or similar tools
- Design and deploy AI Agents/LLM-driven assistants for procurement automation
- Automate vendor inquiries and provide predictive spend analysis
- Define business rules and machine learning training models for AI-based document processing
- Ensure SCM and Procurement processes comply with banking regulations and industry standards
- Integrate Vendor Risk Assessment and Know Your Vendor (KYV) workflows into Oracle Procurement
- Translate business requirements into functional specifications, user stories, process maps, and data flow diagrams
- Collaborate with stakeholders across Finance, Procurement, Risk, Compliance, and IT
- Lead User Acceptance Testing (UAT), including test script creation, defect management, and business sign-off
- Deliver end-user training and change management activities to ensure successful adoption
- Support Oracle Fusion and AI solution rollout across the organization
- Bachelor's degree in Finance, Business Administration, Computer Science, Management Information Systems (MIS), or related field
- MBA – Preferred
- Oracle Fusion Procurement Cloud Certification – Highly Desired
- Agile/Scrum (CSPO, Scrum Master) or CBAP Certification – Highly Desired
- Minimum 8 years of Business Analyst experience
- Minimum 4+ years of hands-on Oracle Fusion SCM / Procurement Cloud implementation experience
- Mandatory banking or financial services domain experience
- Strong understanding of banking compliance, multi-entity accounting, and vendor risk management
- Hands-on experience implementing OCR solutions for automated document processing and 3-way invoice matching
- Experience designing, implementing, and testing AI Agents, Chatbots, or Intelligent Virtual Assistants
- Strong SQL skills for data analysis, reporting, and troubleshooting
- Experience with Oracle Integration Cloud (OIC) or middleware technologies
-
Knowledge of banking regulatory standards including:
- SOX
- GDPR
- Third-Party Risk Management (TPRM)
- Financial audit compliance
- Strong stakeholder management, business analysis, and documentation skills
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the preferred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral:
| 0-2 years | INR 5,000 |
| 2-6 years | INR 7,500 |
| 6+ years | INR 10,000 |
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer:
VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status