Oracle Lease and Finance Management (OLFM) Functional Specialist

Oracle OLFM Functional Specialist **Role:** Oracle Lease and Finance Management (OLFM) Functional Specialist **Platform:** Oracle E\-Business Suite R12\.2\.x / OLFM **Role Type:** Functional / Implementation **Experience:** 10\+ years Oracle EBS, preferably 7\+ years hands\-on OLFM **Seniority:** Senior Consultant / Functional Lead Role Summary The Oracle OLFM Functional Specialist will be responsible for the functional design, configuration, validation, and implementation of Oracle Lease and Finance Management within Oracle E\-Business Suite. The specialist will work closely with leasing business users, accounting teams, Oracle technical specialists, integration teams, and project leadership to translate equipment\-finance business requirements into scalable OLFM configurations and functional solutions. The role requires strong hands\-on knowledge of the OLFM contract lifecycle, including contract authoring, booking, billing, accounting, contract modifications, asset management, termination, renewal, and end\-of\-term processing. Key Responsibilities 1\. Requirements and Process Analysis Conduct functional workshops with leasing, finance, accounting, operations, and IT stakeholders. Analyze business requirements and translate them into Oracle OLFM functional requirements and application configurations. Evaluate requirements against standard Oracle functionality and identify: * Standard functionality * Configuration requirements * Extensions * Integrations * Reports * Data conversion requirements * Genuine functional gaps Develop detailed business process flows and functional solution designs. Maintain requirements traceability from business requirement through configuration and solution design. 2\. OLFM Functional Configuration Configure and validate OLFM functionality covering the lease/finance contract lifecycle, including: * Contract authoring * Contract booking and activation * Products and financial products * Pricing and payment structures * Assets and asset lines * Fees and expenses * Subsidies where applicable * Billing schedules * Streams and stream generation * Contract modifications and rebooks * Asset additions and changes * Partial and full terminations * Early termination * Renewals and extensions * Evergreen processing * End\-of\-term processing * Buyout and purchase options Understand the functional implications of operating leases, finance/direct\-finance leases, and other applicable equipment\-financing structures. 3\. Accounting and Financial Integration Work closely with Oracle Financials and accounting SMEs to ensure OLFM transactions are correctly represented in downstream financial modules. Understand OLFM integration with: * Accounts Receivable * Accounts Payable * General Ledger * Subledger Accounting * Fixed Assets * Cash Management / Payments where applicable * Oracle Tax / eBTax Validate accounting events, transaction flows, billing, receipts, asset accounting, termination accounting, and