SAP Fioneer Consultant in Toronto

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

• 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.
• 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.
• 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.
• 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.
• 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.