What are the responsibilities and job description for the Lead OLFM Functional Consultant position at VOLTO Consulting?
Senior / Lead Oracle OLFM Functional Consultant
Location: Allentown PA. 18034
Duration: 1 year (can extend)
100% on-site
10 years Exp
Role Summary
We are seeking a Senior/Lead OLFM Functional Consultant to design, lead the track, and deliver end-to-end solutions for our leasing operations on Oracle E-Business Suite. The role requires deep domain knowledge and OLFM expertise across contract authoring, pricing/streams, billing, investor funding, accounting, and asset lifecycle management.
Key Responsibilities
Location: Allentown PA. 18034
Duration: 1 year (can extend)
100% on-site
10 years Exp
Role Summary
We are seeking a Senior/Lead OLFM Functional Consultant to design, lead the track, and deliver end-to-end solutions for our leasing operations on Oracle E-Business Suite. The role requires deep domain knowledge and OLFM expertise across contract authoring, pricing/streams, billing, investor funding, accounting, and asset lifecycle management.
Key Responsibilities
- 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, AR/AP/Assets 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 (SIT/UAT), validate accounting, and support deployment and hyper care.
- Guide junior consultants and act as key advisor to Finance and Operations stakeholders.
- 7 years OLFM functional experience, including at least one end-to-end implementation as lead.
- Strong understanding of Operating, Direct Finance, Sales-Type Leases, and Loans and related accounting flows.
- Hands-on with streams (rent, residual, principal, interest), pricing, vendor programs, prefunding/short-funding, and investor funding models.
- Expert knowledge of OLFM integration with AR/AP/GL/FA
- Excellent documentation, stakeholder management, and leadership skills.
- Experience with securitisation/syndication in OLFM.
- Familiarity with IFRS/GAAP lessor accounting.
- Exposure to Credit Management, EBTax, OM/Inventory.
- 8–12 years Oracle EBS; 5 years hands-on OLFM with 2 full-cycle conversions as functional lead.
- Proven expertise in contract aging (life-to-date reconstruction) and financial tie-outs (contract → AR → SLA/GL → FA), including aging buckets/delinquency setup.
- Strong grasp of Operating vs Finance leases and Loan constructs; deep knowledge of streams (rent, residual, principal, interest), pricing, and termination/renewal impacts on balances.
- Excellent documentation, workshop facilitation, and stakeholder communication.
Salary : $80 - $90