SAP Consultant – Financial Product Sub Ledger (FPSL)
Remote
Posted 3 years ago
Location: Remote, Timezone : EST
Client : Incusol Direct Client
Duration: 1 year and Extendable
IT Experience: 5+ yrs
JD
- BS in Accounting, Finance, IT, Computers, or another similar field
- Minimum of 5 years of SAP experience implementing SAP ERP and/or SAP S/4 HANA with extensive Hands-on Configuration/development with Insurance and/or finance/banking domain.
- Hands-on experience implementing SAP FPSL, sAFI, Bank Analyzer (BA) or Insurance Analyzer (IA).
- Familiarity and/or experience working with Public Clouds such as AWS, AZURE & GCP
- At-least 1 full Life-cycle SAP FPSL implementation experience or other similar product or SAP sub-Ledger experience
- Proven IFRS17 and IFRS9 related domain knowledge and configuration experience
- Familiarity/Experience in SAP modules such as FI, CO, AR, AP, GL, PA, PCA, CCA, Treasury etc.
The Ideal Qualifications:
- Undergraduate or equivalent and/or Certified Public Accountant preferred
- A Full life-cycle SAP S/4 HANA implementation with Universal Ledger highly preferred
- Knowledge of US GAAP, insurance statutory accounting/reporting and/or experience in Financial Institutions preferred
- Experience in other SAP products – SAP BW, BusinessObjects, SAP BPC, SAP C4C is Bonus
- Ability to work with senior management and influence decision making
- Strong multi-tasking skills and ability to adapt to change
- Ability to proactively take ownership of projects and drive to completion
- Experience working in a Finance transformational setting & driving change
- Use increasing insight to identify and implement improvements that increase the business value and efficiency of the work performed.
- Ability to Initiate and/or leads increasingly complex projects and continuous improvement activities that may span beyond the scope of own team
- Experience in best-in-class control execution/documentation
- Detail-oriented with demonstrated oral and written communication skills
- Ability to work across levels, from staff to executive management
- Authorized to work in the United States without sponsorship now or in future
- Travel between Boston and Springfield required
The Impact:
- Accountability –
- Under guidance, lead the SAP FPSL implementation specifically to support IFRS17 accounting & compliance along with associated configuration in SAP FICO, SAP Treasury, and other downstream integrations.
- Supports Domain Process owner for all IFRS17 (for Insurance) related changes, system modifications in sub-ledger along with familiarity & understanding for IFRS9 (for banking)
- Business Acumen –
- Under guidance, Implement best practices for various measurement types such as General Measurement Model (GMM), Premium Allocation Approach (PAA) and Variable fee approach (VFA)
- Under guidance, manage and support full SAP FPSL architecture and associated components such as Source Data Layer (SDL), Result Data Layer (RDL) and Calculation and Valuation Process Manager (CVPM)
- Inclusion –
- Collaborate closely with other Controllers teams, such as the financial close team and external reporting to ensure the accurate recognition of accounting for various transactions and events
- Resilience –
- Under guidance, own the full SAP FPSL configuration/solutions evaluation/execution in partnership with other teams, IT & Off-shore business partners.
- Development –
- Supports Configuration & tactical support to other peer teams such as SAP Treasury, SAP Data Analytics, SAP FICO, SAP Profitability, SAP Treasury, and other Project team members
- Leading Others –
- Supports Use Case formulation, As-Is/To-be analysis, product demos, Joint Application Development (JAD sessions) to help understand processes, SAP systems capabilities, and business benefits
- Agility –
- Understand how data flow through financial systems to accounting function & plan appropriately for changes while prioritizing