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 reconci

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