At a Glance
- Tasks: Lead the design and deployment of SAP FPSL, focusing on IFRS 9 accounting rules.
- Company: Join a dynamic team in the banking/financial services sector, driving innovative solutions.
- Benefits: Enjoy a competitive pay of up to £600 a day with hybrid work options.
- Why this job: Be part of a crucial project that shapes financial compliance and integration.
- Qualifications: 3+ years in SAP FPSL with a strong grasp of IFRS 9 and financial reporting.
- Other info: Contract position with opportunities for professional growth and networking.
The predicted salary is between 43200 - 62400 £ per year.
Hybrid - London
Pay is up to £600 a day
Inside IR359 Month contract
Experienced SAP FPSL Functional Consultant to support the implementation of SAP Financial Products Subledger (FPSL) in a complex multi-core-source system landscape. The role will focus on IFRS 9 accounting rules, event-based accounting models, and financial integration within a banking/financial services environment.
The consultant will work closely with Finance, Accounting, and IT teams to develop and optimize the FPSL framework, ensuring compliance with regulatory and business requirements.
Key Responsibilities- Lead the design, configuration, and deployment of SAP FPSL with a focus on IFRS 9 accounting rules.
- Define and implement event-based accounting models, posting logic, and subledger-to-general-ledger mappings.
- Collaborate with business stakeholders to develop accounting rules frameworks, valuation models, and financial product mappings.
- Ensure seamless data integration from multiple core banking and general systems into FPSL.
- Work with testing teams to develop UAT and system validation strategies.
- 3+ years of experience in SAP FPSL accounting solutions for banking (preferred).
- Deep understanding of IFRS 9, financial instruments, subledger accounting, and risk-based reporting.
- Experience integrating SAP FPSL with multiple core source systems.
- Strong knowledge of ledger setup, account determination, and financial reporting structures.
- Experience in multi-entity, multi-ledger, and multi-GAAP reporting environments.
- Familiarity with treasury and risk management principles.
- Certifications - SAP FPSL or earlier versions (SAP Bank Analyser, Smart AFI etc.) is a plus.
If you are interested please apply or send your CV to luke.sandilands@cpl.com
SAP FPSL Functional Consultant - Consultant employer: Cpl Life Sciences
Contact Detail:
Cpl Life Sciences Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SAP FPSL Functional Consultant - Consultant
✨Tip Number 1
Network with professionals in the banking and financial services sector who have experience with SAP FPSL. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can give you insights into the role.
✨Tip Number 2
Familiarise yourself with IFRS 9 accounting rules and event-based accounting models. Consider taking online courses or certifications that focus on these areas to demonstrate your commitment and knowledge during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully integrated SAP FPSL with multiple core source systems in previous roles. Highlight any challenges you faced and how you overcame them to showcase your problem-solving skills.
✨Tip Number 4
Research StudySmarter's values and recent projects related to SAP FPSL. Tailor your conversations during interviews to align with our mission and demonstrate how your expertise can contribute to our goals.
We think you need these skills to ace SAP FPSL Functional Consultant - Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with SAP FPSL and IFRS 9 accounting rules. Use specific examples from your past roles that demonstrate your expertise in financial integration and subledger accounting.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your skills and experiences align with the requirements, particularly your experience in multi-entity and multi-GAAP reporting environments.
Highlight Relevant Certifications: If you have any relevant certifications, such as SAP FPSL or earlier versions like SAP Bank Analyzer, make sure to mention them prominently in your application. This can set you apart from other candidates.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a finance-related role.
How to prepare for a job interview at Cpl Life Sciences
✨Understand IFRS 9 Inside Out
Make sure you have a solid grasp of IFRS 9 accounting rules. Be prepared to discuss how these rules apply to financial products and how they influence event-based accounting models.
✨Showcase Your SAP FPSL Experience
Highlight your previous experience with SAP FPSL, especially in banking environments. Be ready to provide specific examples of how you've implemented solutions and integrated them with core systems.
✨Collaborate Effectively
Demonstrate your ability to work closely with Finance, Accounting, and IT teams. Prepare to discuss how you've collaborated with stakeholders to develop accounting frameworks and ensure compliance with regulations.
✨Prepare for Technical Questions
Expect technical questions related to ledger setup, account determination, and financial reporting structures. Brush up on your knowledge of multi-entity and multi-GAAP reporting to impress the interviewers.