SAP Fioneer FPSL Architect/Consultant || Jersey City, NJ (Onsite)

Job Role: SAP Fioneer FPSL Architect/Consultant

Location: Jersey City, NJ (Onsite)

Duration: Contract for 06+ Months

Job Description:

• 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

• FPSL Functional Configuration (Banking)
  • Configure FPSL objects for banking products including:
    • Loans and advances
    • Deposits
    • Money market instruments
    • Securities / bonds (if in scope)
  • Implement FPSL components:
    • Contract types and contract attributes o Event types and event processing o Posting schemas and accounting determinations Support setup of:
    • Valuation areas
    • Subledger accounting layers
    • Accounting principles / ledgers
• Accounting & IFRS 9 Support
  • Implement FPSL accounting logic aligned to:
    • IFRS 9 classification (AC / FVOCI / FVTPL) o Effective Interest Rate (EIR) based accruals o Fee and charge handling Support postings related to:
    • Initial recognition
    • Accruals and amortization
    • Derecognition events
  • Assist Finance Lead/Architect in validating:
    • Accounting outcomes
    • Posting results at contract and GL level
• Integration Support (Source Systems & S/4HANA)
  • Support inbound integration from:
    • Core banking systems
    • Treasury / trading platforms
  • Assist with:
    • Event payload validation
    • Attribute mappings and enrichments
  • Support outbound integration to:
    • SAP S/4HANA Universal Journal
  • Validate:
    • Document splitting
    • GL account derivations
    • Posting completeness and consistency
• Testing, Reconciliation & Defect Resolution
  • Execute and support:
    • Unit Testing (UT)
    • System Integration Testing (SIT)
    • User Acceptance Testing (UAT)
  • Perform and support reconciliations:
    • Source system vs FPSL
    • FPSL subledger vs SAP GL
  • Analyze and resolve:
    • Posting errors
    • Accounting mismatches
    • Integration defects
  • Support parallel run activities with legacy subledgers
• Documentation & Knowledge Transfer
  • Prepare functional deliverables including:
    • Configuration documents
    • Test scripts and test evidence
    • Mapping and reconciliation documents
  • Support:
    • Knowledge transfer to client teams
    • 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:
    • SAP Fioneer FPSL (Banking context)
    • SAP S/4HANA Finance integration
  • Strong understanding of:
    • Banking products accounting
    • Event-based / transaction-based accounting concepts Good working knowledge of:
    • IFRS 9 fundamentals (implementation perspective)
• Preferred / Nice to Have
  • Experience with:
    • Core banking systems integration
    • High-volume transaction processing
    • Reconciliation and finance close cycles
  • Exposure to other SAP Fioneer offerings (advantage)
  • Prior experience in:
    • Large SAP programs
    • 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