IBM
Remote
Oracle Consultant
Following requirement for a resource to handle Oracle Fixed Asset-
Oracle-Specific Experience
• Proficiency in Oracle Fixed Assets (EBS) is a requirement
• Experience with related modules: General Ledger (GL); Oracle Lease module is a plus
• Ability to perform transactions via the UI, spreadsheets (Web ADI) or mass processes (upload file)
• ERP Expertise: Strong working knowledge of Oracle FA processes (additions, depreciation runs, retirements, mass updates)
Core Oracle FA Module Knowledge (Must-Have)
Strong hands-on proficiency in the full asset lifecycle managed by Oracle FA
1) Asset Additions / Capitalization
- Manual additions, Mass Additions (from Oracle Payables), Quick Additions, Source Line management
- Handling capitalized vs. expensed items, and CIP (Construction-in-Progress) assets
2) Asset Adjustments & Maintenance
- Cost adjustments
- Partial or full transfers (intercompany/intra-company)
- Unit, and descriptive information changes/updates
- Asset categories (major/minor), Locations, Key Flexfields (Category, Location, Serial Number)
3) Depreciation Processing
- Running depreciation (corporate/tax books)
- Understanding depreciation methods, conventions (half-year, mid-month etc.), and period controls.
- Handling catch-up depreciation and proration
4) Retirements & Disposals
- Full/partial retirements, reinstatements, gain/loss calculations, removal from books
5) Inquiry and Transaction Analysis
- Using Asset Inquiry, viewing accounting entries, transaction history, source lines and drill-down to subledger details
6) Reporting and Tools Proficiency
- Web ADI (Application Desktop Integrator) for spreadsheet-based uploads for mass uploads of assets, additions, adjustments or retirement etc.
- Good Excel skills for analysis, reconciliation, and pivot-based reporting
- Reconciliation & Close Processes: monthly close
- Subledger-to-GL Reconciliation: critical skill; identifying and clearing variances between FA and GL
- Preparing asset registers and reports, depreciation schedules, and other supporting documents for audits and financial reporting
Integration & Related Module Knowledge
Strong understanding of how FA integrates with:
• Oracle Payables (invoice-to-asset flow)
• Oracle Procurement (goods receipt)
• General Ledger
• Optional but advantageous: Oracle Lease Accounting module
Skills
• Strong attention to detail and analytical mindset
• Good double-entry knowledge
• Good communication skills
• Ability to work independently
• Ability to work under month-end pressure
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