Oracle Fusion ERP Lease Accounting Functional Consultant
Oracle
Oracle
Join our team as an Oracle Fusion ERP Lease Accounting Functional Consultant and drive the implementation and support of Oracle Fusion Lease Accounting and Lease Management. This critical role ensures IFRS 16 compliant lease accounting within Oracle Fusion ERP, utilizing Oracle Lease Management as a primary lease contract repository. You will collaborate closely with Finance, Accounting, Compliance, and technical teams to architect compliant lease accounting processes, validate financial outputs, and ensure audit-ready reporting.
This position offers a unique opportunity to make a significant impact on financial compliance and operational efficiency within a leading technology organization.
Lead comprehensive implementation, configuration, testing, enhancement, and support for Oracle Fusion Lease Accounting. Design and configure IFRS 16 compliant lease accounting processes throughout the entire lease lifecycle. Configure and rigorously validate Right-of-Use asset recognition, lease liability calculations, amortization schedules, remeasurement, reassessment, depreciation, and interest expense computations. Manage the generation of accounting events and configure Oracle Fusion Subledger Accounting for all lease accounting transactions. Provide essential support for month-end, quarter-end, and year-end lease accounting close activities. Validate accounting entries, perform reconciliations, and ensure accuracy of reporting outputs across Lease Accounting, General Ledger, Fixed Assets, and Accounts Payable. Contribute to statutory reporting, management reporting, regulatory compliance, and audit readiness specifically for lease accounting. Partner effectively with Finance and Accounting teams to resolve issues, optimize processes, and uphold financial controls and compliance standards.
Possess a minimum of 5 years in Oracle ERP, with at least 3 years focused on Oracle Fusion Lease Accounting implementation and support. A strong grasp of IFRS 16 lease accounting principles is essential. Demonstrated experience in configuring lease accounting calculations, depreciation, amortization, remeasurement, and reassessment schedules. Hands-on proficiency with core Oracle Fusion Financials modules, including General Ledger, Accounts Payable, and Fixed Assets. Solid understanding of Oracle Fusion Subledger Accounting functionality. Capability to validate lease accounting entries, reconciliations, accounting events, and financial reporting outputs. Excellent collaboration and communication skills for effective engagement with Finance, Accounting, Compliance, Technical, and Customer teams. Fluency in written and spoken English is required.
Oracle
Information Technology & Services