We are seeking an experienced SAP Fioneer FPSL Architect/Consultant with strong banking finance and accounting implementation experience to support an SAP Fioneer Financial Products Subledger (FPSL) implementation.
The consultant will be responsible for hands-on functional configuration, detailed design support, integration, testing, reconciliation, defect resolution, and deployment activities for banking products. The role will focus on event-based accounting, accurate subledger postings, source-system integration, and integration with SAP S/4HANA Finance, ensuring alignment with IFRS 9 and local GAAP requirements.
The consultant will act as a functional execution specialist, translating approved finance and accounting designs into FPSL configuration while supporting testing, reconciliation, go-live, and hypercare activities.
Key Responsibilities
1. FPSL Functional Configuration – Banking
- Configure SAP Fioneer FPSL objects for banking products, including:
- Loans and advances
- Deposits
- Money market instruments
- Securities and bonds, where applicable
- Configure and implement FPSL components, including:
- Contract types and contract attributes
- Event types and event processing
- Posting schemas
- Accounting determinations
- Support the setup and configuration of:
- Valuation areas
- Subledger accounting layers
- Accounting principles and ledgers
2. Accounting & IFRS 9
- Implement FPSL accounting logic aligned with:
- IFRS 9 classification – AC, FVOCI, and FVTPL
- Effective Interest Rate (EIR) calculations and accruals
- Fee and charge treatment
- Support accounting postings related to:
- Initial recognition
- Accruals and amortization
- Derecognition events
- Work with the Finance Lead / Solution Architect to validate:
- Accounting outcomes
- Posting results at contract level
- Posting results at GL level
- Accounting consistency across business scenarios
3. Integration – Source Systems & SAP S/4HANA
- Support inbound integration from:
- Core banking systems
- Treasury platforms
- Trading platforms
- Validate event payloads and transaction data.
- Support attribute mapping, enrichment, and transformation activities.
- Support outbound integration to the SAP S/4HANA Universal Journal.
- Validate:
- Document splitting
- GL account derivation
- Posting completeness
- Posting consistency
- Source-to-subledger data integrity
4. Testing, Reconciliation & Defect Resolution
- Execute and support:
- Unit Testing (UT)
- System Integration Testing (SIT)
- User Acceptance Testing (UAT)
- Develop and execute functional test scenarios and test scripts.
- Perform reconciliations between:
- Source systems and FPSL
- FPSL subledger and SAP General Ledger
- Analyze and resolve:
- Posting errors
- Accounting mismatches
- Integration defects
- Data and configuration issues
- Support parallel-run activities and reconciliation with legacy subledger systems.
- Assist with defect triage and resolution throughout the implementation lifecycle.
5. Documentation & Knowledge Transfer
- Prepare and maintain functional deliverables, including:
- FPSL configuration documents
- Functional specifications
- Test scripts and test evidence
- Data and attribute mapping documents
- Reconciliation documents
- Process and accounting documentation
- Support knowledge transfer to client and business teams.
- Assist with go-live preparation, cutover activities, and post-go-live hypercare.
Required Skills & Experience
Mandatory Qualifications
- 4–8 years of experience in banking finance, accounting systems, or financial systems implementations.
- Hands-on experience with SAP Fioneer FPSL, preferably within a banking environment.
- Practical experience integrating SAP Fioneer FPSL with SAP S/4HANA Finance.
- Strong understanding of:
- Banking products and accounting
- Event-based accounting
- Transaction-based accounting
- Subledger accounting concepts
- Good working knowledge of IFRS 9, particularly from an implementation perspective.
- Experience with FPSL configuration and functional implementation activities.
- Strong analytical and problem-solving skills.
Preferred / Nice-to-Have Skills
- Experience integrating FPSL with core banking systems.
- Experience working with high-volume transaction processing environments.
- Experience with financial reconciliation and month-end / period-end close processes.
- Exposure to other SAP Fioneer solutions.
- Experience working on large-scale SAP transformation programs.
- Experience with regulatory, compliance, or audit-driven finance transformation initiatives.
- Knowledge of local GAAP requirements in addition to IFRS 9.
- Experience supporting production deployments, go-live, and hypercare.
Key Competencies
- 2+ end-to-end SAP FPSL implementation experiences.
- Strong SAP S/4HANA Finance knowledge.
- Strong understanding of banking finance and accounting processes.
- Hands-on FPSL configuration and implementation experience.
- Understanding of event-driven and transaction-based accounting.
- Strong reconciliation and defect-resolution capabilities.
- Ability to work effectively under the direction of a Finance Lead or FPSL Solution Architect.
- Strong communication and stakeholder-management skills.
- Ability to collaborate effectively with Finance, Product Control, Risk, Core Banking IT, and Integration teams.
- Strong attention to detail and ability to work in complex banking transformation environments.
Never miss an opportunity! Create an alert based on the job you applied for.
