Join our team as an experienced Oracle Fusion ERP Lease Accounting Functional Consultant. This role is pivotal in managing the implementation, enhancement, and ongoing support for Oracle Fusion Lease Accounting and Lease Management solutions. The core objective is to ensure adherence to IFRS 16 compliant lease accounting standards within the Oracle Fusion ERP environment. Oracle Lease Management will primarily serve as a repository for lease contracts, with minimal operational use. You will collaborate extensively with Finance, Accounting, Compliance, and technical departments to architect compliant lease accounting processes, verify accounting outcomes, assist with closing procedures, and facilitate audit-ready reporting.

Spearhead the implementation, configuration, testing, enhancement, and support of Oracle Fusion Lease Accounting. Design and configure lease accounting processes that meet IFRS 16 compliance across the entire lease lifecycle. Configure and validate the recognition of Right-of-Use assets, lease liability computations, amortization schedules, remeasurement, reassessment, depreciation schedules, and interest expense calculations. Set up and confirm accounting event generation and Oracle Fusion Subledger Accounting for lease accounting transactions. Provide essential support for month-end, quarter-end, and year-end lease accounting close cycles. Validate accounting entries, reconciliations, and reporting outputs, ensuring consistency between Lease Accounting, General Ledger, Fixed Assets, and Accounts Payable. Contribute to statutory reporting, management reporting, regulatory compliance, and readiness for audits concerning lease accounting.

A minimum of 5 years of experience with Oracle ERP systems is mandatory. Requires at least 3 years of hands-on experience implementing and supporting Oracle Fusion Lease Accounting. A strong grasp of IFRS 16 lease accounting requirements is essential. Proficiency in configuring lease accounting calculations, depreciation, amortization, remeasurement, and reassessment schedules is necessary. Candidates must have practical experience with Oracle Fusion Financials modules, including General Ledger, Accounts Payable, and Fixed Assets. In-depth knowledge of Oracle Fusion Subledger Accounting is a key requirement. The ability to validate lease accounting entries, perform reconciliations, review accounting events, and assess financial reporting outputs is critical. Exceptional collaboration skills are needed to work effectively with Finance, Accounting, Compliance, Technical, and Customer teams.