Oracle Fusion ERP Lease Accounting Functional Consultant
Job Summary
We are seeking an experienced Oracle Fusion ERP Lease Accounting Functional Consultant to lead the implementation enhancement and support of Oracle Fusion Lease Accounting and Lease Management solutions. The primary focus of this role is to ensure IFRS 16 compliant lease accounting within Oracle Fusion ERP.
Oracle Lease Management will be used primarily as a lease contract repository with limited operational usage. The consultant will work closely with Finance Accounting Compliance and technical teams to design compliant lease accounting processes validate accounting outputs support close activities and enable audit-ready reporting.
Responsibilities
- Lead the implementation configuration testing enhancement and support of Oracle Fusion Lease Accounting.
- Design and configure IFRS 16 compliant lease accounting processes across the lease lifecycle.
- Configure and validate Right-of-Use asset recognition lease liability calculations amortization schedules remeasurement reassessment depreciation schedules and interest expense calculations.
- Configure and validate accounting event generation and Oracle Fusion Subledger Accounting for lease accounting transactions.
- Support month-end quarter-end and year-end lease accounting close processes.
- Validate accounting entries reconciliations and reporting outputs between Lease Accounting General Ledger Fixed Assets and Accounts Payable.
- Support statutory reporting management reporting regulatory compliance and audit readiness related to lease accounting.
Collaborate with Finance and Accounting teams to resolve issues improve processes and ensure alignment with financial controls and compliance requirements.
- Qualifications & Skills
Mandatory
- 5 years of Oracle ERP experience.
- 3 years of Oracle Fusion Lease Accounting implementation and support experience.
- Strong understanding of IFRS 16 lease accounting requirements.
- Experience configuring lease accounting calculations depreciation amortization remeasurement and reassessment schedules.
- Hands-on experience with Oracle Fusion Financials modules including General Ledger Accounts Payable and Fixed Assets.
- Strong knowledge of Oracle Fusion Subledger Accounting.
- Ability to validate lease accounting entries reconciliations accounting events and financial reporting outputs.
- Strong collaboration skills with Finance Accounting Compliance Technical and Customer teams.
Good-to-Have
- Oracle Fusion Financials Cloud Certification.
- Accounting qualification such as CA CPA CMA or ACCA.
- Experience with lease data migration and conversion activities.
- Experience working in multi-entity or global lease accounting environments.
- Knowledge of audit compliance statutory reporting and financial controls.
- Experience in customer-facing consulting implementation managed services or post-go-live support environments.
Qualifications
Career Level - N/A
Required Experience:
Contract
About Company
As a world leader in cloud solutions, Oracle uses tomorrow’s technology to tackle today’s challenges. We’ve partnered with industry-leaders in almost every sector—and continue to thrive after 40+ years of change by operating with integrity. We know that true innovation starts when eve ... View more