Industry Preference: Banking Industry Preferred, but client also open to candidates from Insurance industry.
Hybrid Options: Open for right candidate.
Role Descriptions
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 systems, 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
- Event types and event processing
- 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)
- 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
- 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 derivation
- 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
- Hypercare activities
Required Skills Experience
- 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 and transaction-based accounting concepts
- Positive working knowledge of:
- IFRS 9 fundamentals (implementation perspective)
📌 SAP Fioneer FPSL Banking Functional Consultant (Toronto)
🏢 Astra North Infoteck
📍 Toronto
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