SAP FPSL

Job Title SAP FPSL

Location: Remote, Some Travel Needed to Minnesota

Contract Type : W2

• Successfully completed 2-3 end-to-end SAP implementations with extensive experience in FPSL. Minimum of 9 years of experience
• Expertise in executing all business processes from a single source of truth
• Hands-on experience with SAP S/4 FPSL & PaPM
• Hands-on experience with SAP S/4 FSRI
• Hands-on experience with SAP S/4 FSCD
• Hands-on experience with SAP S/4 PSC
• Expertise in the integration between the S/4HANA Finance
• Experience in data conversion & ETL tools for S/4HANA
• Expertise in new innovations in S/4HANA Fiori apps
• Experience in IFRS 17 and SAP S/4HANA module FPSL (Financial Product Sub Ledger) for Insurance Contracts
• Assess, design, and develop a working SAP FPSL Insurance solution - Register, Accrue, Defer, Write Down, Release, Value TC, Move & Transform, Value FX, Classify, Classify & PL, Disclose, Split revenue, Adjust, Carry Forward process
• Exposure know-how with all three measurement types (GMM, PAA, and VFA)
• SAP FPSL architecture and components like SDL, RDL, CVPM
• FPSL process flow: Register, Accrue, Capture (Central GAAP) (periodic), Capture (Delta GAAP), Unwind and Release, Value TC, Recognize Profit, allocate (Secondary Costs) (time-series-based), Move and Transform, Value FX, Classify
• Integration with PaPM & FI, architect the data model in PaPM, support integration discussions, guide on standard capabilities in PaPM, and drive design of the business rules.
• Implemented various functions required for data source integration, data import, and data enrichment.
• Led PaPM implementation from Blueprint through Go-live and Hypercare. Designed and developed with a focus on Quality, Usability, and Sustainability of the solution.
• Assisted business users in designing and executing financial and business models by configuring and combining functions. Led the onsite and offshore team.
• Defined the data model in PaPM, supported integration discussions, guided standard capabilities in PaPM, and drove the design of business rules.
• Assisted business users in designing and executing financial and business models by configuring and combining functions.
• Exposure to interfacing with non-SAP systems & mapping user requirements. Led the onsite and offshore team.
• Prepared and ran demos leveraging SAP PaPM based on relevant use cases.
• Functional end-to-end process in Allocations, Product Pricing & Costing, Profitability & Cost Management, Predictions & Simulations, Reconciliations.
• Performed What-If analysis on important business drivers for profitability analysis and decision-making.
• Expertise in data modeling, building and extending models, allocation/calculation functions, query function, parameters, performing ad-hoc simulations, activity & process-based costing, and top-down distribution.