Oracle Consultant

3 weeks ago

India Insight Global Full time

(Accepting candidates of all different levels of experience ranging from 3-10+ years)

  • Minimum of 3 years of in-depth knowledge of Oracle Fusion Lease Accounting and its integration with other Oracle Fusion modules, Accounting Compliances ASC 842 and IFRS 16, Different Leases/Scenarios like sublease and ownership transfer.
  • Proven project management skills and experience in leading complex IT projects.
  • Excellent analytical and problem-solving skills
  • Strong communication and interpersonal skills for effective collaboration with cross-functional teams

Implementation and Configuration:

  • Implementation of Oracle Lease Accounting, including requirement gathering, system configuration, and testing.
  • Customize and configure rules and setups to meet business needs.
  • Collaborate with IT teams to integrate Lease Accounting with other Oracle cloud modules (e.g., Account Payables and Receivables, Fixed Assets, Item Master, Suppliers).
  • Monitor and manage amortization of operating and finance leases in compliance with ASC 842 and IFRS 16
  • Set up and maintain system options, payment templates, discount rate indexes and approval rules to enable leasing capabilities as per business requirements.
  • Design solutions to integrate Oracle Lease Accounting with external boundary systems and facilities tools.

Process Optimization:

  • Identify and recommend process improvements to ensure accurate lease accounting from Lessee, Lessor and sublease POV.
  • Work with cross-functional teams to streamline new lease contract creation, activation and conversion processes.
  • Develop and implement best practices for order lease accounting.

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