SAP Fioneer Consultant

Job Description

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

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 derivations

• 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 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.

• 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.