Negotiable
Outside
Remote
USA
Summary: The SAP FPSL role requires a seasoned professional with extensive experience in SAP implementations, particularly in Financial Product Sub Ledger (FPSL) for insurance contracts. The position involves hands-on work with various SAP S/4 modules and requires expertise in data modeling and integration. The role is primarily remote with some travel needed to Minnesota. Candidates should have a minimum of 9 years of relevant experience and a strong understanding of IFRS 17 compliance.
Key Responsibilities:
- Successfully completed 2-3 end-to-end SAP implementations with extensive experience in FPSL.
- Expertise in executing all business processes from a single source of truth.
- Hands-on experience with SAP S/4 FPSL & PaPM.
- Hands-on experience with SAP S/4 FSRI.
- Hands-on experience with SAP S/4 FSCD.
- Hands-on experience with SAP S/4 PSC.
- Expertise in the integration between the S/4HANA Finance.
- Experience in data conversion & ETL tools for S/4HANA.
- Expertise in new innovations in S/4HANA Fiori apps.
- Experience in IFRS 17 and SAP S/4HANA module FPSL (Financial Product Sub Ledger) for Insurance Contracts.
- Assess, design, and develop a working SAP FPSL Insurance solution.
- Exposure know-how with all three measurement types (GMM, PAA, and VFA).
- SAP FPSL architecture and components like SDL, RDL, CVPM.
- FPSL process flow: Register, Accrue, Capture (Central GAAP), Unwind and Release, Value TC, Recognize Profit, allocate (Secondary Costs), Move and Transform, Value FX, Classify.
- Integration with PaPM & FI, architect the data model in PaPM, support integration discussions, guide on standard capabilities in PaPM, and drive design of the business rules.
- Implemented various functions required for data source integration, data import, and data enrichment.
- Led PaPM implementation from Blueprint through Go-live and Hypercare.
- Assisted business users in designing and executing financial and business models.
- Defined the data model in PaPM, supported integration discussions, guided standard capabilities in PaPM, and drove the design of business rules.
- Exposure to interfacing with non-SAP systems & mapping user requirements.
- Prepared and ran demos leveraging SAP PaPM based on relevant use cases.
- Functional end-to-end process in Allocations, Product Pricing & Costing, Profitability & Cost Management, Predictions & Simulations, Reconciliations.
- Performed What-If analysis on important business drivers for profitability analysis and decision-making.
- Expertise in data modeling, building and extending models, allocation/calculation functions, query function, parameters, performing ad-hoc simulations, activity & process-based costing, and top-down distribution.
Key Skills:
- Minimum of 9 years of experience in SAP implementations.
- Expertise in SAP S/4 FPSL, PaPM, FSRI, FSCD, and PSC.
- Strong understanding of IFRS 17 compliance.
- Experience with data conversion & ETL tools for S/4HANA.
- Proficiency in SAP Fiori apps.
- Knowledge of SAP FPSL architecture and components.
- Experience in financial modeling and business process design.
- Ability to lead teams and manage projects effectively.
- Strong analytical and problem-solving skills.
- Experience with interfacing non-SAP systems.
Salary (Rate): undetermined
City: undetermined
Country: USA
Working Arrangements: remote
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: IT
Job Title SAP FPSL
Location: Remote, Some Travel Needed to Minnesota
Contract Type : W2
- Successfully completed 2-3 end-to-end SAP implementations with extensive experience in FPSL. Minimum of 9 years of experience
- Expertise in executing all business processes from a single source of truth
- Hands-on experience with SAP S/4 FPSL & PaPM
- Hands-on experience with SAP S/4 FSRI
- Hands-on experience with SAP S/4 FSCD
- Hands-on experience with SAP S/4 PSC
- Expertise in the integration between the S/4HANA Finance
- Experience in data conversion & ETL tools for S/4HANA
- Expertise in new innovations in S/4HANA Fiori apps
- Experience in IFRS 17 and SAP S/4HANA module FPSL (Financial Product Sub Ledger) for Insurance Contracts
- Assess, design, and develop a working SAP FPSL Insurance solution - Register, Accrue, Defer, Write Down, Release, Value TC, Move & Transform, Value FX, Classify, Classify & PL, Disclose, Split revenue, Adjust, Carry Forward process
- Exposure know-how with all three measurement types (GMM, PAA, and VFA)
- SAP FPSL architecture and components like SDL, RDL, CVPM
- FPSL process flow: Register, Accrue, Capture (Central GAAP) (periodic), Capture (Delta GAAP), Unwind and Release, Value TC, Recognize Profit, allocate (Secondary Costs) (time-series-based), Move and Transform, Value FX, Classify
- Integration with PaPM & FI, architect the data model in PaPM, support integration discussions, guide on standard capabilities in PaPM, and drive design of the business rules.
- Implemented various functions required for data source integration, data import, and data enrichment.
- Led PaPM implementation from Blueprint through Go-live and Hypercare. Designed and developed with a focus on Quality, Usability, and Sustainability of the solution.
- Assisted business users in designing and executing financial and business models by configuring and combining functions. Led the onsite and offshore team.
- Defined the data model in PaPM, supported integration discussions, guided standard capabilities in PaPM, and drove the design of business rules.
- Assisted business users in designing and executing financial and business models by configuring and combining functions.
- Exposure to interfacing with non-SAP systems & mapping user requirements. Led the onsite and offshore team.
- Prepared and ran demos leveraging SAP PaPM based on relevant use cases.
- Functional end-to-end process in Allocations, Product Pricing & Costing, Profitability & Cost Management, Predictions & Simulations, Reconciliations.
- Performed What-If analysis on important business drivers for profitability analysis and decision-making.
- Expertise in data modeling, building and extending models, allocation/calculation functions, query function, parameters, performing ad-hoc simulations, activity & process-based costing, and top-down distribution.