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Financial Consolidation and Close (FCC): Designing the Close Process

The Oracle Financial Consolidation and Close (FCC): Designing the Close Process course equips financial analysts, consolidation specialists, and finance managers with skills to streamline month-end closures using FCC’s Task Manager and close orchestration tools. It solves inefficiencies in manual, error-prone close cycles—where 60% of organizations still spend over six days closing their books (Oracle, 2024). Learners gain hands-on experience designing automated close workflows, reducing close time by up to 50%.

This course prepares learners for the Oracle Financial Consolidation and Close 2025 Implementation Professional (1Z0-1081-25) certification. Koenig Solutions provides official vendor-authorized courseware and 30-day lab access, enabling mastery of real-world implementation tasks. Graduates accelerate career growth as certified FCC implementers, driving faster, audit-ready financial closes in cloud environments.

16 Hours (2 Days)
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Course Overview

The Oracle Financial Consolidation and Close (FCC): Designing the Close Process course is designed for financial analysts, implementation consultants, and EPM administrators responsible for configuring and managing the financial close lifecycle in Oracle Fusion Cloud EPM. This training prepares learners for the Oracle Financial Consolidation and Close 2025 Implementation Professional certification (exam 1Z0-1081-25), equipping them with essential skills to streamline period-end processes. Target roles include FCCS Consultants, Financial Systems Analysts, and Close Managers. With over 7,000 organizations globally using Oracle’s EPM Cloud solutions, demand for certified professionals continues to grow, particularly in enterprises undergoing digital finance transformation.

Participants engage with core Oracle technologies including Financial Consolidation and Close Cloud Service (FCCS), Task Manager, Data Integration, Smart View, and Financial Reporting Studio within a live cloud lab environment. The hands-on labs focus on building end-to-end close workflows: students configure close schedules, define task templates, assign responsibilities, and automate notifications using Task Manager. A key project involves designing a quarterly close process for a multinational entity, integrating currency translation, intercompany eliminations, and reporting tasks. Learners also use Smart View to create ad hoc analyses and build data forms that feed into consolidated reporting, simulating real-world scenarios faced by global finance teams.

This course directly supports preparation for the Oracle Financial Consolidation and Close 2025 Implementation Professional certification, recognized by firms like Deloitte, PwC, and NTT DATA as a benchmark for EPM expertise. Certified professionals report average salary ranges between $91,100 and $218,300, depending on experience and role level. Koenig Solutions enhances learning with Guaranteed-to-Run batches, official Oracle courseware, and access to expert-led 1-on-1 mentoring sessions. Upon completion, participants are positioned to lead close optimization initiatives, reduce month-end close cycles by up to 40%, and advance into senior finance transformation or ERP consulting roles.

What You'll Learn

Design the financial close process using Oracle FCC, the industry-leading solution for financial consolidation and close, to streamline your month-end procedures
Configure Close Manager tasks within Oracle FCC to enhance efficiency and accuracy during the financial close cycle
Implement supplemental data management in Oracle FCC to ensure comprehensive and reliable financial reporting
Manage approval workflows effectively for the financial close process, reducing errors and speeding up approvals
Secure application access in Oracle Financial Consolidation and Close to protect sensitive financial data from unauthorized users
Automate consolidation processes with Oracle FCC to save time, reduce manual effort, and improve compliance

Prerequisites

Recommended knowledge before taking this course
  • ["Experience navigating the Oracle Cloud EPM platform and its user interface, essential for mastering the Financial Consolidation and Close (FCC): Designing the Close Process course by Oracle.","Familiarity with core financial close activities such as journal entries, reconciliations, and reporting cycles helps learners streamline their closing procedures and reduce errors, aligning with Oracle's best practices.","Working knowledge of Close Manager within Oracle Financial Consolidation and Close enables participants to efficiently oversee the close process, ensuring timely and accurate financial reporting.","Understanding data forms, data grids, and task management in FCC empowers learners to organize and control their close activities effectively, leading to faster closes and improved accuracy.","Basic skills in configuring consolidation methods and ownership models allow learners to tailor the FCC system to their organization’s needs, enhancing process efficiency.","Completion of Oracle Cloud Applications EPM Process Essentials or equivalent experience provides a solid foundation, ensuring participants can maximize the benefits of the FCC: Designing the Close Process training."], "The Oracle Financial Consolidation and Close (FCC): Designing the Close Process course is designed for finance professionals seeking to optimize their financial closing procedures. Oracle reports that organizations implementing FCC reduce close times by up to 50%, significantly improving reporting accuracy and compliance. This course offers practical insights into configuring FCC to match your company's unique needs, helping you achieve faster, more reliable closes. With over 10,000 trained professionals globally since its launch in 2020, Oracle's FCC training is a trusted choice for finance teams aiming to enhance their close cycle. Completing this course equips you with the skills to manage complex consolidation processes confidently, transforming your financial close from a bottleneck into a strategic advantage. Join the thousands of professionals who have already improved their closing efficiency with Oracle's proven training methods."
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Certification Exam

Everything you need to know about the Financial Consolidation and Close (FCC): Designing the Close Process certification exam

Exam Details
Exam Name
Financial Consolidation and Close (FCC): Designing the Close Process
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Oracle requires a new purchase for each attempt. For online non-proctored exams, you may retake immediately. Proctored exams require a 24-hour waiting period before rescheduling your next attempt.
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Financial Consolidation and Close (FCC): Designing the Close Process

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Course Curriculum

Structured learning with hands-on labs and real-world scenarios

1
Day 1– Oracle FCC Application Setup
Master Oracle Financial Consolidation and Close features Build Financial Consolidation and Close (FCC) applications Activate core application features Navigate the FCCS interface efficiently Analyze EPM Cloud architecture foundations Implement robust cloud security protocols Optimize system configuration settings Execute accurate metadata imports
2
Day 2– Dimension Design and Security
Architect the core Account dimension Configure the organizational Entity dimension Establish multi-currency dimension structures Manage complex Intercompany dimension logic Apply Movement dimensions for FX adjustments Deploy scalable Multi-GAAP reporting models Enforce user and group security access Define precise valid intersection rules
3
Day 3– Data Integration and Management
Streamline data using Data Management Develop automated member mapping sets Define efficient data load rules Execute seamless EPM integration jobs Utilize data files for direct loading Manage diverse source system connections Configure automated drill-through capabilities Perform high-volume batch processing tasks
4
Day 4– Close Process and Task Automation
Design optimized financial close schedules Build reusable task management templates Assign tasks via FCC Task Manager Monitor global close activity status Manage complex approval unit hierarchies Configure automated phased submission workflows Track real-time task completion progress Automate end-to-end close process workflows
5
Day 5– Consolidation, Reporting, and Journals
Execute automated financial consolidation processes Configure global currency translation rules Set up ownership structures and methods Create accurate consolidation journal entries Manage enterprise-wide financial journals Design professional financial reporting packages Build interactive performance management dashboards Generate automated intercompany matching reports

What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

78%

of Financial Consolidation and Close (FCC): Designing the Close Process certified professionals report career advancement within 6 months

Salary Impact

+24%

Average salary increase reported after obtaining the Financial Consolidation and Close (FCC): Designing the Close Process certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • Oracle Financial Consolidation Consultant
  • Financial Close Manager
  • EPM Consultant
  • Oracle ERP Implementation Specialist
  • FCCS Cloud Consultant
  • Finance Systems Analyst

Companies Hiring

5,000+
Oracle Deloitte Ernst & Young PwC Accenture KPMG Prologis Infosys Wipro Capgemini

and 5,000+ organizations worldwide seeking Financial Consolidation and Close (FCC): Designing the Close Process certified professionals

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    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

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    Engineering Manager

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  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

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    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

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    CISO, Financial Services

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  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

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    Head of L&D, UK Enterprise

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  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

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    AI Engineer

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  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
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