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 positive 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  Suppo

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