Senior Oracle OLFM Functional Consultant (CA – IFRS/GAAP & SLA)

Success Tech Solutions Inc.; California; On-site; USD 120,000 - 150,000; Full time

Job summary

A leading technology services provider seeks a Senior Oracle OLFM Functional Consultant to lead the design and implementation of OLFM solutions for the leasing sector. The ideal candidate will have a Chartered Accountant qualification and over 7 years of functional experience in Oracle E-Business Suite, specifically under IFRS/US GAAP accounting. Responsibilities include managing accounting treatments, delivering comprehensive documentation, and ensuring compliance with regulatory standards. This role requires US citizenship and offers opportunities for on-site collaboration.

Qualifications

• 7-12+ years in ERP-enabled leasing/asset finance.
• At least one end-to-end OLFM implementation as a lead.
• Strong GL posting and reconciliation knowledge.

Responsibilities

• Drive functional architecture across multiple OLFM components.
• Define accounting treatments for leases and prepare documentation.
• Lead the design and execution of workshops and audits.

Skills

Chartered Accountant (CA)

7+ years OLFM functional experience

Expertise in IFRS/US GAAP accounting

Advanced SLA configuration skills

Strong documentation skills

Stakeholder management

Education

Chartered Accountant (CA)

Job description

• 113 South Monroe Street, Suite 131, Tallahassee FL 32301
• Mon - Fri : 8:30am - 5:00pm EST

Senior Oracle OLFM Functional Consultant (CA – IFRS/GAAP & SLA)

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

Key Responsibilities

• Solution Ownership (OLFM): Drive functional architecture across Contract Authoring, Pricing/Streams, Billing, Disbursements, Investor Agreements/Pools, Renewals, Terminations, Collections, and Reporting.
• Define accounting treatments for Operating vs Finance leases, residuals, lease receivables, interest recognition, impairments, buybacks, and end-of-term outcomes.
• Translate policy papers into system logic and document accounting position notes and control narratives for audit.
• Own Subledger Accounting rules for OLFM, AR, AP, FA: event classes, journal line definitions, account derivation, descriptions, and multi-GAAP representations.
• 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 checks, 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

Required Qualifications & Experience

• Chartered Accountant (CA) with 7–12+ 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

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).

TCS-ONSITE- only USCitizens for this role