Position Summary ( Expense & Revenue Lease)

We are seeking an experienced Oracle Fusion Lease Accounting Consultant to implement, configure, and support the Oracle Fusion Lease Accounting module. This role focuses exclusively on lease accounting compliance with ASC 842, IFRS 16 standards, ensuring accurate recognition of right-of-use assets and lease liabilities across the organization.

Key Responsibilities

Lease Accounting Configuration

 Implement and configure Oracle Fusion Lease Accounting module (Revenue Lease)

 Set up lease classification rules to distinguish operating and finance leases

 Configure lease payment schedules including fixed, variable, and index-based payments

 Define incremental borrowing rates and discount rate determination

 Set up lease terms including renewal options, termination clauses, and purchase options

 Having valuable hands-on experience on Accounts Receivables configuration (transaction type, source & Auto accounting rules).

Right-of-Use (ROU) Asset Management

 Calculate and record ROU assets at lease commencement

 Configure subsequent measurement and depreciation methods

 Handle impairment testing and adjustments

 Manage ROU asset integration with Fixed Assets module Lease Liability Management

 Calculate lease liabilities using present value of lease payments

 Configure effective interest method for liability amortisation

 Process lease liability remeasurements and modifications

 Handle lease reassessments triggered by significant events Lease Lifecycle Processing

 Manage lease creation, activation, and termination workflows





 Process lease modifications including scope changes and term adjustments

 Handle early terminations and lease extensions

 Configure partial lease terminations and asset disposals

Compliance & Reporting

 Ensure compliance with ASC 842, IFRS 16, and GASB 87 standards

 Generate disclosure reports for financial statement requirements

 Produce lease maturity analysis and rollforward schedules

 Support period-end close activities and reconciliations

 Maintain audit trails and documentation for lease transactions

Technical & Integration

 Perform lease data migration from legacy systems or spreadsheets

 Develop integrations with Accounts Payable, Accounts Receivables, and General Ledger

 Configure sub-ledger accounting (SLA) rules for lease journal entries

 Create reports using OTBI and BI Publisher

 Set up approval workflows and security roles

Required Qualifications

Education

 Bachelor's degree, MBA, MCA & BE

Experience

 4–7 years of experience with Oracle Fusion Cloud Financials

 Hands-on experience implementing Oracle Fusion Lease Accounting module (

Expense & Revenue lease)

 Experience with full implementation lifecycle

 Background in lease administration or lease accounting functions

Technical Skills

 Strong knowledge of Oracle Fusion Lease Accounting configuration

 Proficiency in OTBI and BI Publisher reporting

 Experience with FBDI for lease data migration

 Understanding of SLA rules and GL integration

 Familiarity with SQL and data validation techniques

📌 Oracle Fusion Lease Accounting Consultant (Bengaluru)
🏢 Teamware Solutions
📍 Bengaluru