SAP FPSL Functional Consultant (, , United Kingdom)

SAP FPSL Functional Consultant

Start ASAP – 9 month contract

Location: hybrid, 2 days required per week in office, London

Rate: £617 per day (gross, inc holiday pay)

JD Overview

We are hiring for a 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.

Skills & Experience Required

• 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.