Oracle Lease account Consultant

Infosys · Bangalore, India · 5-8 years · Full-time

Key skills

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Job description

Infosys is seeking a Oracle Lease account Consultant. The position will primarily be for implementing Oracle Fusion Lease Accounting solutions to support ASC 842 / IFRS 16 compliance, lease lifecycle management, accounting automation, and reporting based on customer's requirements. The selected candidate be able to drive the CRP sessions, Data Conversion Workshops, Data Configuration, Fit-Gap analysis for requirements, Design Solution, perform SIT, support UAT and troubleshoot the functional issues during Cutover & Hypercare on the SaaS applications. Interact with customer process owners and SMEs to understand and analyze various processes.

Technical Requirements:

  • 5+ years of Oracle Financials experience with at least 1 - 2 Lease Accounting cloud end-end implementations.
  • Strong knowledge of ASC 842 and IFRS 16.
  • Experience with lease lifecycle management and lease accounting processes.
  • Understanding of AP, GL, Fixed Assets, and Subledger Accounting.
  • Good awareness of the available Out-of-the-box (OOTB) integrations in Oracle Lease accounting.
  • Thorough understanding of upstream process flows with which lease accounting has integration.

Responsibilities:

  • Ability to deliver under strict timelines. Good communication and customer-facing skills
  • Lead requirement gathering and solution design for lease accounting processes.
  • Configure Lease Accounting Cloud including:
  • Lease Creation and Amendments
  • Lease Activation and Termination
  • Rent Escalations
  • Variable Lease Payments
  • Short-Term and Long-Term Lease Classification
  • Subleases
  • Configure lease accounting treatments including:
  • Right-of-Use (ROU) Assets
  • Lease Liability Calculations
  • Amortization Schedules
  • Interest Accruals
  • Support migration of lease data from legacy systems and third-party lease applications.
  • Design integrations with AP, GL, Fixed Assets, and Cash Management.
  • Prepare accounting and disclosure reports for compliance requirements.
  • Conduct testing, reconciliation, training, and go-live support activities.
  • Support audit requests and lease accounting governance processes.

Preferred Skills:

Oracle Finance->Oracle Cloud Finance,Oracle Finance->Oracle Fusion Finance

Apply on the official Infosys careers page

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