We are seeking an experienced SAP FPSL (Financial Products Subledger) Consultant to support a leading insurance client in implementing and enhancing SAP FPSL solutions. The ideal candidate will have strong functional expertise in SAP FPSL, extensive experience in the insurance domain, and a deep understanding of financial accounting and regulatory reporting.
This is a remote opportunity with occasional travel based on project requirements.
Key Responsibilities
- Lead SAP FPSL functional design, configuration, and implementation activities.
- Gather, analyze, and document business and functional requirements.
- Configure accounting rules and financial posting logic within SAP FPSL.
- Integrate SAP FPSL with SAP S/4HANA Finance and other upstream/downstream systems.
- Support IFRS 17 and/or IFRS 9 accounting and reporting processes.
- Perform data validation, reconciliation, and financial testing.
- Collaborate with business stakeholders, finance teams, and technical teams throughout the project lifecycle.
- Support SIT, UAT, production deployment, and post-go-live activities.
- Troubleshoot production issues and recommend process improvements.
- Prepare functional specifications and project documentation.
Required Skills:
- 10+ years of overall SAP experience.
- Strong hands-on experience with SAP FPSL (Financial Products Subledger).
- Experience implementing SAP FPSL in the Insurance domain.
- Strong understanding of insurance accounting principles and financial reporting.
- Experience with SAP S/4HANA Finance integration.
- Knowledge of IFRS 17 (IFRS 9 experience is an added advantage).
- Experience configuring accounting rules, posting logic, and financial reconciliation.
- Strong understanding of SAP Finance (FI/CO) concepts.
- Experience working on end-to-end SAP implementation projects.
- Excellent communication and stakeholder management skills.