SAP Fioneer FPSL Banking Functional Consultant

SAP Fioneer FPSL Banking Technical Consultant (SAP FPSL, S/4HANA Finance, IFRS 9)

Location: Toronto - Hybrid (4 Days WFO)

Duration: 12 months

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:

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

2. 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

3. 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

4. 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.

5. 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

• Good working knowledge of:

• IFRS 9 fundamentals (implementation perspective)