Senior Lead Oracle OLFM Functional Consultant
Artech, Center Valley, PA, United States
Request ID: 55350-1
Title:
Senior Lead Oracle OLFM Functional Consultant Locations:
Allentown, PA 18034 Duration:
6 months Salary Range: $90 - $100/Hour on W2 (All inclusive) Consultant Type: W2 only
Role Summary: Own the functional design and delivery of Oracle Lease & Finance Management (OLFM) processes for Contract Authoring (from intake to booking) and Termination (early/end-of-term). Partner with Finance, Operations, and IT to translate complex leasing requirements into scalable OLFM configurations, ensuring accurate pricing/streams, compliant accounting, and frictionless period-end processing.
Key Responsibilities Solution Design & Configuration
Lead workshops and fit-gap for Contract Authoring: financial products, terms & conditions, asset/service lines, pricing, and stream generation (rent, residual, principal, interest), taxes, acceptance/booking, assignable rules, pre-funding/security deposits, evergreen. Design and configure Termination (early, mid-term, end-of-term): termination quote templates, pay-offs/buyouts, penalties/fees, interest accrual cut-off, residual realisation, repossession/asset return, re-lease paths, and settlement billing. Work with Accounting team to help them on SLA/SLA-AMB rules for booking, accruals, billing, disbursements, termination, write-offs, and residual impacts; ensure correct Accounting Orchestrate cross-module flows with AR (billing/receipts/credits), AP (disbursements/prefund/short-fund), FA (operating-lease depreciation/asset disposal), GL, EBTax, and (as needed) OM/Inventory/Credit Management.
Controls, Compliance & Close
Embed controls for stream-to-journal traceability, termination quote auditability, multi-ledger (IFRS/Local) postings, and contract-level reconciliations. Define the period-close playbook (OLFM events → SLA → GL, FA depreciation where applicable, AR/AP tie-outs) and support audits.
Delivery Leadership
Produce BRD/MD50/BR100 and configuration runbooks. Own test strategy and execution (SIT/UAT) for authoring and termination scenarios; manage defects to closure. Support cutover (in-flight contracts, termination backlog), go-live, and hyper-care; mentor analysts and coordinate offshore teams/partners. Data & Performance
Guide data migration for contracts, assets, termination history, balances. Define KPIs (time-to-book, termination cycle time, billing accuracy, residual realization) and exception dashboards.
Required Experience & Skills:
8-12+ years Oracle EBS experience with 5+ years hands-on OLFM; 2+ full cycles leading Contract Authoring and Termination. Deep knowledge of Operating vs Finance leases and Loan constructs; strong grasp of streams (rent, residual, principal, interest) and pricing/yield. Expert SLA configuration (event classes, JLDs, ADRs, multi-ledger/GAAP) and reconciliation across OLFM/AR/AP/FA/GL. Proven delivery of termination processes (quotes, settlements, repossession/return) at scale. Excellent stakeholder communication, documentation, and workshop facilitation.
Nice-to-Have:
Professional accounting background (CA/CPA) and familiarity with IFRS/ASC 842 lessor accounting. Experience with Investor Agreements & Pools (for downstream impacts at termination). Exposure to ECC dashboards and RICE collaboration (reports/interfaces/conversions). Role Descriptions:
Lead OLFM solution design covering Contract Authoring| Pricing Streams| Billing| Disbursements| Termination| Renewals| Investor Agreements Pools. (Core OLFM flows) Configure Financial Products| stream templates| billing rules| SLA accounting| ARAPAssets integration. Drive workshops| discuss requirements and the business process with the users in depth | and create functional designs. Lead integration with AR (billing receipts) | AP (funding)| GL (SLA GL)| and Oracle Assets Oversee testing (SITUAT)| validate accounting| and support deployment and hyper care. Guide junior consultants and act as key advisor to Finance and Operations stakeholders.
Essential Skills:
Senior Lead Oracle OLFM Functional Consultant : Skills:
Oracle eBS R12 Financials Experience Required:
10 & Above
Company Benefits & Culture
Inclusive and diverse work environment Opportunities for professional growth and development Comprehensive health and wellness benefits
Appreciate your quick response and please feel free to reach me out for any query you may have.
Thanks
Senior Lead Oracle OLFM Functional Consultant Locations:
Allentown, PA 18034 Duration:
6 months Salary Range: $90 - $100/Hour on W2 (All inclusive) Consultant Type: W2 only
Role Summary: Own the functional design and delivery of Oracle Lease & Finance Management (OLFM) processes for Contract Authoring (from intake to booking) and Termination (early/end-of-term). Partner with Finance, Operations, and IT to translate complex leasing requirements into scalable OLFM configurations, ensuring accurate pricing/streams, compliant accounting, and frictionless period-end processing.
Key Responsibilities Solution Design & Configuration
Lead workshops and fit-gap for Contract Authoring: financial products, terms & conditions, asset/service lines, pricing, and stream generation (rent, residual, principal, interest), taxes, acceptance/booking, assignable rules, pre-funding/security deposits, evergreen. Design and configure Termination (early, mid-term, end-of-term): termination quote templates, pay-offs/buyouts, penalties/fees, interest accrual cut-off, residual realisation, repossession/asset return, re-lease paths, and settlement billing. Work with Accounting team to help them on SLA/SLA-AMB rules for booking, accruals, billing, disbursements, termination, write-offs, and residual impacts; ensure correct Accounting Orchestrate cross-module flows with AR (billing/receipts/credits), AP (disbursements/prefund/short-fund), FA (operating-lease depreciation/asset disposal), GL, EBTax, and (as needed) OM/Inventory/Credit Management.
Controls, Compliance & Close
Embed controls for stream-to-journal traceability, termination quote auditability, multi-ledger (IFRS/Local) postings, and contract-level reconciliations. Define the period-close playbook (OLFM events → SLA → GL, FA depreciation where applicable, AR/AP tie-outs) and support audits.
Delivery Leadership
Produce BRD/MD50/BR100 and configuration runbooks. Own test strategy and execution (SIT/UAT) for authoring and termination scenarios; manage defects to closure. Support cutover (in-flight contracts, termination backlog), go-live, and hyper-care; mentor analysts and coordinate offshore teams/partners. Data & Performance
Guide data migration for contracts, assets, termination history, balances. Define KPIs (time-to-book, termination cycle time, billing accuracy, residual realization) and exception dashboards.
Required Experience & Skills:
8-12+ years Oracle EBS experience with 5+ years hands-on OLFM; 2+ full cycles leading Contract Authoring and Termination. Deep knowledge of Operating vs Finance leases and Loan constructs; strong grasp of streams (rent, residual, principal, interest) and pricing/yield. Expert SLA configuration (event classes, JLDs, ADRs, multi-ledger/GAAP) and reconciliation across OLFM/AR/AP/FA/GL. Proven delivery of termination processes (quotes, settlements, repossession/return) at scale. Excellent stakeholder communication, documentation, and workshop facilitation.
Nice-to-Have:
Professional accounting background (CA/CPA) and familiarity with IFRS/ASC 842 lessor accounting. Experience with Investor Agreements & Pools (for downstream impacts at termination). Exposure to ECC dashboards and RICE collaboration (reports/interfaces/conversions). Role Descriptions:
Lead OLFM solution design covering Contract Authoring| Pricing Streams| Billing| Disbursements| Termination| Renewals| Investor Agreements Pools. (Core OLFM flows) Configure Financial Products| stream templates| billing rules| SLA accounting| ARAPAssets integration. Drive workshops| discuss requirements and the business process with the users in depth | and create functional designs. Lead integration with AR (billing receipts) | AP (funding)| GL (SLA GL)| and Oracle Assets Oversee testing (SITUAT)| validate accounting| and support deployment and hyper care. Guide junior consultants and act as key advisor to Finance and Operations stakeholders.
Essential Skills:
Senior Lead Oracle OLFM Functional Consultant : Skills:
Oracle eBS R12 Financials Experience Required:
10 & Above
Company Benefits & Culture
Inclusive and diverse work environment Opportunities for professional growth and development Comprehensive health and wellness benefits
Appreciate your quick response and please feel free to reach me out for any query you may have.
Thanks