| Looking for Senior Oracle OLFM Functional Consultant || Allentown, PA. 18034 || TCS at Allentown, Pennsylvania, USA |
| Email: [email protected] |
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http://bit.ly/4ey8w48 https://jobs.nvoids.com/job_details.jsp?id=3192391&uid=e92653dfded6496f978a05003fad53bc From: shweta, Quantum World Technologies Inc [email protected] Reply to: [email protected] Hello My name is Sharma and I am a Staffing Specialist at Quantum World Technologies Inc. I am reaching out Shweta to you on an exciting job opportunity with one of our clients. Role: Senior Oracle OLFM Functional Consultant (CA IFRS/GAAP & SLA) Location: Allentown, PA. 18034 Duration: 1 YEAR (can extend) MUST BE US 100% ON-SITE Role Summary Lead the end-to-end functional design and delivery of Oracle Lease & Finance Management (OLFM) on E-Business Suite (R12.1/R12.2), with specific accountability for lessor accounting under IFRS/US GAAP and Oracle SLA configuration. Act as the primary liaison between Finance leadership, Technology, and Operations to ensure a compliant, scalable, and automation-driven leasing platform. Key Responsibilities Solution Ownership (OLFM): Drive functional architecture across Contract Authoring, Pricing/Streams, Billing, Disbursements, Investor Agreements/Pools, Renewals, Terminations, Collections, and Reporting. Lessor Accounting (IFRS/US GAAP): o Define accounting treatments for Operating vs Finance leases, residuals, lease receivables, interest recognition, impairments, buybacks, and end-of-term outcomes. o Translate policy papers into system logic and document accounting position notes and control narratives for audit. SLA Design & Configuration: o Own Subledger Accounting rules for OLFM, AR, AP, FA: event classes, journal line definitions, account derivation, descriptions, and multi-GAAP representations. o Orchestrate Create Accounting and Transfer to GL controls; build reconciliation checkpoints and exception handling. Cross-Module Integration: Ensure robust flows with AR (billing/receipts), AP (funding/credits), GL (posting & reporting), FA (operating-lease depreciation), EBTax, Credit Management, and (where relevant) Inventory/OM. Controls & Compliance: Establish preventive/detective controls (e.g., stream-to-SLA tie-outs, MRC/multi-ledger cecks, period-end reconciliations) and support external audits. Delivery Leadership: Lead workshops, produce BRDs/MD50s/BR100s, plan and run SIT/UAT, cutover, and hyper-care; mentor analysts; coordinate offshore teams and partners. Required Qualifications & Experience Chartered Accountant (CA) with 712+ years in ERP-enabled leasing/asset finance. 7+ years hands-on OLFM functional experience, including at least one end-to-end implementation as a lead. Proven expertise in IFRS/US GAAP lessor accounting (operating vs finance leases, lease receivable, residual treatment, income recognition, impairments) and translating policy to configuration. Advanced SLA configuration skills across OLFM events (booking, accrual, billing, disbursements, investor actions, terminations) and related AR/AP/FA flows; strong GL posting and reconciliation know-how. Deep knowledge of Streams & Pricing (rent, residual, principal, interest), Investor Agreements/Pools (fixed/percent), Prefunding/Short-funding, Vendor Programs/Subsidies, Renewals/Terminations. Strong documentation (designs, accounting memos), stakeholder management, and ability to challenge/shape requirements. Nice-to-Have Experience with securitisation/syndication programs and pool performance reporting. Familiarity with IFRS 16 interpretations and audit interactions. Working knowledge of RICE components, data model, and OLFM public APIs (for design collaboration with technical teams). Warm Regards Technical Recruiter Shweta Sharma Contact: 805-931-3020 Email: [email protected] Quantum World Technologies Inc. Keywords: access management Arkansas California Pennsylvania Looking for Senior Oracle OLFM Functional Consultant || Allentown, PA. 18034 || TCS [email protected] http://bit.ly/4ey8w48 https://jobs.nvoids.com/job_details.jsp?id=3192391&uid=e92653dfded6496f978a05003fad53bc |
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| 02:24 AM 07-Mar-26 |