
Role Overview :
As an Oracle Fixed Assets & Lease Accounting Consultant, you will be instrumental in guiding clients through the successful implementation and optimization of Oracle's financial modules. Your day-to-day responsibilities will involve analyzing complex business requirements, designing robust solutions within Oracle Fixed Assets and Lease Accounting, and ensuring seamless integration with broader financial systems.
You will collaborate closely with client finance teams, project managers, and technical specialists, translating intricate accounting standards into practical, efficient Oracle configurations. This role directly impacts our clients' ability to achieve compliance with critical accounting regulations like ASC 842 and IFRS 16, enhance financial reporting accuracy, and streamline their asset lifecycle management processes, ultimately driving significant operational efficiencies and informed decision-making.
Key Responsibilities :
- Configure and implement Oracle Fixed Assets and Lease Accounting modules, ensuring alignment with client business processes and regulatory requirements for optimal financial operations.
- Advise clients on best practices for asset capitalization, depreciation, impairment, and retirement, enhancing their asset lifecycle management strategies.
- Design and deploy Oracle Lease Accounting solutions to ensure compliance with ASC 842 and IFRS 16, facilitating accurate lease classification, measurement, and disclosure for financial reporting.
- Collaborate with Accounts Payable and General Ledger teams to ensure accurate asset acquisition, capitalization, and seamless integration across financial modules.
- Conduct comprehensive testing, user training, and post-implementation support for client finance teams, ensuring successful adoption and proficiency in Oracle applications.
- Develop detailed functional specifications and documentation for system enhancements and integrations, providing clear guidance for technical teams and future reference.
- Troubleshoot and resolve complex issues related to Oracle Fixed Assets and Lease Accounting, maintaining system integrity and supporting continuous business operations.
- Contribute to project planning, status reporting, and risk management activities, ensuring projects are delivered on time and within scope for client satisfaction.
Required Skillset :
- Demonstrated expertise in Oracle E-Business Suite (EBS) or Oracle Cloud ERP, with a strong focus on Fixed Assets (FA) and Lease Accounting (LA) modules.
- Profound understanding of accounting principles related to fixed assets, depreciation, and lease accounting standards (ASC 842, IFRS 16), enabling effective solution design and client guidance.
- Strong analytical and problem-solving abilities to translate complex business requirements into effective Oracle configurations and resolve intricate financial system challenges.
- Excellent communication and interpersonal skills, capable of articulating technical concepts clearly to diverse stakeholders and building strong client relationships.
- Ability to work collaboratively within project teams and independently manage tasks, ensuring timely and high-quality deliverables for client success.
- Bachelor's degree in Finance, Accounting, Information Systems, or a related quantitative field, providing a solid foundation for financial system consulting.
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