N2P Systems is seeking an experienced SAP FPSL Functional Consultant to join our enterprise technology delivery team in Toronto, Ontario, Canada. At N2P Systems, you will put 5-8 years of hands-on experience with SAP Fioneer FPSL, FPSL Functional Configuration and Banking Products to work on mission-critical enterprise systems. This is an existing full-time, hybrid vacancy with N2P Systems.
N2P Systems is seeking an experienced SAP Fioneer FPSL Functional Consultant with hands-on expertise in implementing and configuring Financial Products Subledger solutions for banking products. The role focuses on translating approved finance and accounting designs into functional FPSL configurations, supporting source-system integrations, and ensuring accurate financial postings.
You will contribute throughout the implementation lifecycle, covering functional design execution, configuration, testing, reconciliation, and deployment. A key focus is maintaining alignment between FPSL and SAP S/4HANA Finance while supporting IFRS 9 and applicable local GAAP accounting requirements.
N2P Systems uses AI to help screen and assess applications for this role. N2P Systems is an enterprise technology consulting and digital solutions firm operating across Canada, the United States and India.
Key Responsibilities
- Configure SAP Fioneer FPSL functionality for banking products, including loans, advances, deposits, money market instruments, and securities or bonds where applicable.
- Implement and maintain contract types, contract attributes, event types, event processing logic, posting schemas, and accounting determinations.
- Support the configuration of valuation areas, subledger accounting layers, accounting principles, and ledgers.
- Implement accounting functionality for IFRS 9 classifications, including Amortized Cost (AC), Fair Value through Other Comprehensive Income (FVOCI), and Fair Value through Profit or Loss (FVTPL).
- Support effective interest rate calculations, accruals, amortization, and fee and charge processing.
- Handle accounting events covering initial recognition, accruals, amortization, and derecognition.
- Assist finance leadership and architecture teams in validating accounting results and postings at both contract and general ledger levels.
- Support inbound integrations from core banking platforms and treasury or trading systems.
- Validate incoming event payloads, perform attribute mapping, and support required data enrichment.
- Assist with outbound integration between FPSL and SAP S/4HANA Universal Journal.
- Validate document splitting, general ledger account derivations, and posting completeness and consistency.
- Execute and support unit testing, system integration testing, and user acceptance testing.
- Perform reconciliation activities between source systems and FPSL, investigate discrepancies, and support defect resolution.
- Contribute to implementation, deployment, and go-live activities.
Required Skills & Qualifications
- Hands-on functional implementation and configuration experience with SAP Fioneer Financial Products Subledger (FPSL).
- Practical understanding of banking products and their representation within FPSL.
- Strong functional knowledge of financial products subledger accounting and IFRS 9 requirements.
- Experience working with SAP S/4HANA Finance in the context of financial accounting and subledger integration.
- Understanding of financial accounting events, posting logic, and contract-level and general-ledger-level accounting outcomes.
- Ability to support functional configuration, integration validation, testing, reconciliation, and deployment activities.
Preferred Qualifications
- Experience configuring FPSL for loans, advances, deposits, money market instruments, and securities or bonds.
- Familiarity with contract attributes, event processing, posting schemas, and accounting determination rules.
- Experience with valuation areas, accounting layers, and multiple accounting principles or ledgers.
- Exposure to AC, FVOCI, and FVTPL classifications and effective interest rate-based accounting.
- Experience integrating core banking and treasury or trading platforms with FPSL.
- Familiarity with SAP S/4HANA Universal Journal integration, document splitting, and GL account derivation.
- Experience executing UT, SIT, and UAT, alongside financial reconciliation and defect resolution.
- Participation in FPSL deployment and go-live activities.
Apply directly at: https://www.n2psystems.com/jobs/REQ-43732
