101534-1 | Jersey City, Nj - Onsite | SAP Fioneer FPSL Consultant | 80 | SAP Fioneer FPSL Architect/Consultant
SAP Fioneer FPSL Consultant – Banking
Role Type: Functional Consultant (Implementation) Engagement: SAP Fioneer FPSL Banking Implementation Project Reporting To: FPSL Finance Lead / FPSL Solution Architect Key Interfaces: Finance, Product Control, Risk, Core Banking IT, Integration Team
Role Summary
The SAP Fioneer FPSL Banking Consultant is responsible for hands-on functional configuration and implementation of SAP Fioneer Financial Products Subledger (FPSL) for banking products. The role supports detailed design, build, testing, and deployment of intregration with source system, event-based accounting, ensuring accurate subledger postings and seamless integration with SAP S/4HANA Finance in line with IFRS 9 and local GAAP requirements.
The consultant acts as a functional execution specialist, translating approved finance designs into FPSL configuration and supporting testing, reconciliation, and go-live activities.
Key Responsibilities
1. FPSL Functional Configuration (Banking)
· Configure FPSL objects for banking products including:
o Loans and advances
o Deposits
o Money market instruments
o Securities / bonds (if in scope)
· Implement FPSL components:
o Contract types and contract attributes
o Event types and event processing
o Posting schemas and accounting determinations
· Support setup of:
o Valuation areas
o Subledger accounting layers
o Accounting principles / ledgers
2. Accounting & IFRS 9 Support
· Implement FPSL accounting logic aligned to:
o IFRS 9 classification (AC / FVOCI / FVTPL)
o Effective Interest Rate (EIR) based accruals
o Fee and charge handling
· Support postings related to:
o Initial recognition
o Accruals and amortization
o Derecognition events
· Assist Finance Lead/Architect in validating:
o Accounting outcomes
o Posting results at contract and GL level
3. Integration Support (Source Systems & S/4HANA)
· Support inbound integration from:
o Core banking systems
o Treasury / trading platforms
· Assist with:
o Event payload validation
o Attribute mappings and enrichments
· Support outbound integration to:
o SAP S/4HANA Universal Journal
· Validate:
o Document splitting
o GL account derivations
o Posting completeness and consistency
4. Testing, Reconciliation & Defect Resolution
· Execute and support:
o Unit Testing (UT)
o System Integration Testing (SIT)
o User Acceptance Testing (UAT)
· Perform and support reconciliations:
o Source system vs FPSL
o FPSL subledger vs SAP GL
· Analyze and resolve:
o Posting errors
o Accounting mismatches
o Integration defects
· Support parallel run activities with legacy subledgers
5. Documentation & Knowledge Transfer
· Prepare functional deliverables including:
o Configuration documents
o Test scripts and test evidence
o Mapping and reconciliation documents
· Support:
o Knowledge transfer to client teams
o Go-live readiness and hypercare activities
Required Skills & Experience
Mandatory
· 4–8 years of experience in banking finance or accounting system implementations
· Practical experience with:
o SAP Fioneer FPSL (Banking context)
o SAP S/4HANA Finance integration
· Strong understanding of:
o Banking products accounting
o Event-based / transaction-based accounting concepts
· Good working knowledge of:
o IFRS 9 fundamentals (implementation perspective)
Preferred / Nice to Have
· Experience with:
o Core banking systems integration
o High-volume transaction processing
o Reconciliation and finance close cycles
· Exposure to other SAP Fioneer offerings (advantage)
· Prior experience in:
o Large SAP programs
o Regulatory or audit-driven finance transformations
Key Competencies
· 2 end to end SAP FPSL implementation experiences.
· SAP S/4HANA knowledge
· Analytical and problem-solving mindset
· Ability to work under guidance of Finance Lead / Architect
· Clear communication with finance and IT stakeholders
Role Descriptions: Job DescriptionSAP Fioneer FPSL Consultant BankingRole Type: Functional Consultant (Implementation)Engagement: SAP Fioneer FPSL Banking Implementation ProjectReporting To: FPSL Finance Lead / FPSL Solution ArchitectKey Interfaces: Finance| Product Control| Risk| Core Banking IT| Integration Team________________________________________Role SummaryThe SAP Fioneer FPSL Banking Consultant is responsible for hands on functional configuration and implementation of SAP Fioneer Financial Products Subledger (FPSL) for banking products.The role supports detailed design| build| testing| and deployment of intregration with source system| event based accounting| ensuring accurate subledger postings and seamless integration with SAP S/4HANA Finance in line with IFRS 9 and local GAAP requirements.The consultant acts as a functional execution specialist| translating approved finance designs into FPSL configuration and supporting testing| reconciliation| and go live activities.________________________________________Key Responsibilities________________________________________1. FPSL Functional Configuration (Banking)Configure FPSL objects for banking products including: oLoans and advancesoDepositsoMoney market instrumentsoSecurities / bonds (if in scope)Implement FPSL components: oContract types and contract attributesoEvent types and event processingoPosting schemas and accounting determinationsSupport setup of: oValuation areasoSubledger accounting layersoAccounting principles / ledgers________________________________________2. Accounting & IFRS 9 SupportImplement FPSL accounting logic aligned to: oIFRS 9 classification (AC / FVOCI / FVTPL)oEffective Interest Rate (EIR) based accrualsoFee and charge handlingSupport postings related to: oInitial recognitionoAccruals and amortizationoDerecognition eventsAssist Finance Lead/Architect in validating: oAccounting outcomesoPosting results at contract and GL level________________________________________3. Integration Support (Source Systems & S/4HANA)Support inbound integration from: oCore banking systemsoTreasury / trading platformsAssist with: oEvent payload validationoAttribute mappings and enrichmentsSupport outbound integration to: oSAP S/4HANA Universal JournalValidate: oDocument splittingoGL account derivationsoPosting completeness and consistency________________________________________4. Testing| Reconciliation & Defect ResolutionExecute and support: oUnit Testing (UT)oSystem Integration Testing (SIT)oUser Acceptance Testing (UAT)Perform and support reconciliations: oSource system vs FPSLoFPSL subledger vs SAP GLAnalyze and resolve: oPosting errorsoAccounting mismatchesoIntegration defectsSupport parallel run activities with legacy subledgers________________________________________5. Documentation & Knowledge TransferPrepare functional deliverables including: oConfiguration
Essential Skills: Job DescriptionSAP Fioneer FPSL Consultant BankingRole Type: Functional Consultant (Implementation)Engagement: SAP Fioneer FPSL Banking Implementation ProjectReporting To: FPSL Finance Lead / FPSL Solution ArchitectKey Interfaces: Finance| Product Control| Risk| Core Banking IT| Integration Team________________________________________Role SummaryThe SAP Fioneer FPSL Banking Consultant is responsible for hands on functional configuration and implementation of SAP Fioneer Financial Products Subledger (FPSL) for banking products.The role supports detailed design| build| testing| and deployment of intregration with source system| event based accounting| ensuring accurate subledger postings and seamless integration with SAP S/4HANA Finance in line with IFRS 9 and local GAAP requirements.The consultant acts as a functional execution specialist| translating approved finance designs into FPSL configuration and supporting testing| reconciliation| and go live activities.________________________________________Key Responsibilities________________________________________1. FPSL Functional Confi |
