SAP Functional Consultant

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.