06 Aug
|
Astra-North Infoteck Inc. ~ Conquering today’s challenges, achieving tomorrow’s vision!
|
Toronto
06 Aug
Astra-North Infoteck Inc. ~ Conquering today’s challenges, achieving tomorrow’s vision!
Toronto
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Suggested Job Title: SAP Fioneer FPSL Banking Functional Consultant – SAP S/4HANA Finance | IFRS 9
Role: 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 integration 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:
- Loans and advances
- Deposits
- Money market instruments
- Securities / bonds (if in scope)
- Implement FPSL components:
- Contract types and contract attributes
- Event types and event processing
- Posting schemas and accounting determinations
- Support setup of:
- Valuation areas
- Subledger accounting layers
- Accounting principles / ledgers
1. Accounting & IFRS 9 Support
• Implement FPSL accounting logic aligned to:
- IFRS 9 classification (AC / FVOCI / FVTPL)
- Effective Interest Rate (EIR) based accruals
- 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
1. 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
1. 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.
1. 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
- Positive 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.
- Good to have SAP S/4HANA ABAP skills.
Key Deliverables
- Configured FPSL banking objects and posting logic.
- Tested and validated accounting outcomes.
- Reconciliation results and defect fixes.
- Functional documentation and KT materials.
- Go-live and hypercare support artifacts.
- User training.
📌 SAP Fioneer Consultant (Toronto)
🏢 Astra-North Infoteck Inc. ~ Conquering today’s challenges, achieving tomorrow’s vision!
📍 Toronto