Oracle Fusion Lease Consultant

Job Title – Oracle Fusion Lease Consultant

Company – TCS (MEA)

Job type – Full time

• Configure Oracle Fusion Lease Accounting Cloud to support IFRS 16 and ASC 842 compliance
• Set up lease contracts, ROU assets, amortization schedules, and lease liability balances
• Configure Sub-Ledger Accounting (SLA) for IFRS 16 and ASC 842 accounting events and GL interface
• Implement Multi-GAAP accounting to support parallel reporting under IFRS 16 and local GAAP
• Set up lease payment schedules, interest calculations, and periodic compound interest calculations
• Configure role-based access control (RBAC) and segregation of duties for lease accounting functions

• Manage end-to-end lease lifecycle: contract creation, activation, modification, reassessment, and termination
• Handle lease events including rebook, transfer, assumption, renewal, and buyout/termination quotes
• Support Operating Lease and Finance Lease classification and accounting treatment
• Configure short-term lease and low-value asset exemptions as permitted under IFRS 16
• Manage lease modifications and reassessment of lease liabilities with updated discount rates

• Integrate Lease Accounting with Oracle GL, AP, AR, Fixed Assets, and Tax modules
• Configure Oracle Integration Cloud (OIC) for data flows between lease and financial modules
• Generate statutory reports:
  Portfolio Summary, Portfolio Details, Lease Details, and disclosure notes
• Support financial audit requirements with accurate lease obligation and ROU asset reporting
• Produce amortization schedules, liability roll-forward reports, and maturity analysis

• Lead requirements gathering, gap analysis, and documentation of as-is and to-be business processes
• Develop and execute unit testing, SIT, and UAT test scripts and scenarios
• Support data migration from legacy lease systems to Oracle Fusion Lease Accounting
• Provide training and knowledge transfer to end users and finance teams

• 5+ years of Oracle ERP experience with hands‑on Oracle Fusion Lease Accounting or Oracle Property Manager (EBS)
• Deep understanding of IFRS 16 and ASC 842 lease accounting standards and their balance sheet impact
• Knowledge of ROU asset recognition, lease liability calculation, and amortization under IFRS 16
• Strong understanding of Oracle financial modules: GL, AP, AR, FA, and Sub‑Ledger Accounting (SLA)
• Experience with Oracle Fusion ERP Cloud configuration and functional setup manager
• Familiarity with Oracle Integration Cloud (OIC) for lease‑related integrations

• Solid understanding of lessee vs. lessor accounting treatment under IFRS 16
• Knowledge of finance lease vs. operating lease classification criteria
• Understanding of incremental borrowing rate (I ), discount rates, and present value calculations
• Awareness of IFRS 16 transition approaches: full retrospective and modified retrospective methods
• Familiarity with lease disclosure requirements under IFRS 16 (maturity analysis, ROU asset movements)

• Strong communication and stakeholder management skills across finance and IT teams
• Analytical mindset with attention to detail in financial data and compliance validation
• Ability to translate complex accounting standards into system configuration requirements

• Oracle Fusion Financials or Lease Accounting Cloud certification
• Professional accounting qualification (CPA, ACCA, CMA, or equivalent)
• Experience with multi‑currency and multi‑ledger lease accounting environments
• Familiarity with GASB 87 (government lease accounting standard)
• Experience with Agile project delivery and tools such as JIRA or ADO
• Exposure to EPM / Oracle Planning Cloud for IFRS 16 capital lease asset planning

Final date to receive applications
: 20-July-2026

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