Note: The job is a remote job and is open to candidates in USA. Oracle’s Global Lease Administration team is seeking an experienced Team Lead to oversee data center related leases and ensure compliance with financial standards. The role involves managing lease data integrity, supporting team members, and leading process improvements in lease administration.
Responsibilities
- Oversee and review data center related leases and sublease entries, lease modifications, and financial data setup in the lease management system
- Serve as a second-level reviewer to validate accuracy and ensure data integrity across the portfolio
- Review and interface lease-related payments and billings to ensure timely and accurate financial transactions
- Provide support and guidance to team members, manage their time and workload
- Respond to lease-related audit inquiries
- Lead and participate in lease administration projects, including system upgrades, implementation of new ledgers, acquisitions, and process improvements
- Ensure compliance with ASC 842, IFRS 16, and Oracle’s internal accounting policies
- Audit lease provisions and payment terms to ensure SOX compliance and adherence to Source-to-Settle policies
- Collaborate cross-functionally with Controllers, Finance, Accounts Payable/Receivable, Procurement, SMS, Project Managers, and external landlords or tenants
- Support global reporting efforts through regular data audits and the preparation of regional lease data for internal and external stakeholders
- Work with multiple currencies and translated lease documents using Oracle’s translation tools as needed
Skills
- 8+ years of experience in real estate/ data center lease administration, accounting, or a related field
- BS in Accounting, with strong understanding of lease accounting under ASC 842 / IFRS 16
- Experience with real estate/ data center contracts, subleases, and intercompany lease agreements
- Demonstrated leadership or supervisory experience
- Exceptional attention to detail and organizational skills
- Ability to work in a high-volume, dynamic environment with changing priorities
- Strong communication skills and a commitment to providing excellent customer service
- Experience working with global portfolios, multicultural environments, and multi-currency transactions
- Proficiency with Oracle lease management and financial systems
- Proficiency in MS Excel
Benefits
- Medical, dental, and vision insurance, including expert medical opinion
- Short term disability and long term disability
- Life insurance and AD&D
- Supplemental life insurance (Employee/Spouse/Child)
- Health care and dependent care Flexible Spending Accounts
- Pre-tax commuter and parking benefits
- 401(k) Savings and Investment Plan with company match
- Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
- 11 paid holidays
- Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
- Paid parental leave
- Adoption assistance
- Employee Stock Purchase Plan
- Financial planning and group legal
- Voluntary benefits including auto, homeowner and pet insurance
Company Overview