SAP FPSL W2 Only

SAP FPSL 

Location: NJ (Deserving candidates can be remote)

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.

FPSL Functional Configuration (Banking):

• Configure FPSL objects for banking products including loans and advances, deposits, money market instruments, and securities/bonds (if in scope).
• Implement FPSL components including contract types and contract attributes, event types and event processing, and posting schemas and accounting determinations.
• Support setup of valuation areas, subledger accounting layers, and 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, and fee and charge handling.
• Support postings related to initial recognition, accruals and amortization, and derecognition events.
• Assist Finance Lead/Architect in validating accounting outcomes and posting results at contract and GL level.

Integration Support (Source Systems & S/4HANA):

• Support inbound integration from core banking systems and 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, and posting completeness and consistency.
• Testing, Reconciliation & Defect Resolution:
• Execute and support unit testing (UT), system integration testing (SIT), and user acceptance testing (UAT).
• Perform and support reconciliations with source systems.