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 clo

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