Core Banking Accounting Consultant (PeopleSoft Focused)

Centier Bank•Merrillville, IN

12d•$50•Hybrid

About The Position

The FIS Core Banking Accounting Consultant is responsible for managing the accounting conversion process in the implementation of a new core banking system. This role involves analyzing, mapping, and migrating accounting data and business processes from legacy systems to the new IBS (Integrated Banking Services) Core Banking System and PeopleSoft General Ledger. The consultant works closely with stakeholders to ensure seamless conversion, data accuracy, and system compatibility.

Requirements

Bachelor’s degree in finance, Accounting, Information Systems, or a related field.
Strong knowledge of banking systems, particularly Accounting.
Expert knowledge of PeopleSoft General Ledger.
IBS Core Banking System conversion or deconversion experience preferred.
Expert Report writer (FIS BIC and SQL).
Knowledge of account balancing.
Understanding of how other applications (DDA, SAV, TDA, CD, SDB) interact with the GL system.
Understanding of non-Core/Third Party Relationships (Manufactured Housing, Student Loans, IntraFi, CDARs, ICS, etc.) and how they interact with the GL system.
Understanding of diverse organizational structures with holding companies and subordinates.
Proven ability to analyze, map, and migrate account/GL data.
Familiarity with data conversion tools, techniques, and processes.
Strong problem-solving and troubleshooting skills.
Excellent communication and interpersonal skills to interact with cross-functional teams.
Knowledge of regulatory requirements and compliance in banking (e.g., accounting documentation, risk management).
Detail-oriented with a focus on accuracy and data integrity.

Responsibilities

IBS Accounting/ PeopleSoft GL Conversion Methodology expertise: Understand the FIS core banking system conversion methodology from Target Operating Model (TOM) through data mapping, process mapping, product design, system and data validation, Operational Analysis, Readiness Reviews, conversion, and post conversion support.
Accounting Data Analysis and Mapping: Work closely with FIS to analyze accounting data from legacy systems, including general ledger structures, account balances, and financial transactions. Map data from legacy systems to the new IBS Core Banking System and PeopleSoft GL, ensuring accuracy and consistency. Identify and document any data discrepancies or inconsistencies. Support data quality approaches to clean up data pre-conversion.
Data Conversion and Migration: Working closely with FIS, support the end-to-end process of accounting data migration, ensuring accurate transfer of all accounting-related data to the new system. Collaborate with technical teams to develop data migration strategies and implement conversion scripts. Test the data conversion process to ensure data integrity and functionality in the new system.
Accounting Business Product and Process Definition and Validation Working closely with FIS, support the end-to-end definition of business processes impacted by the core banking system conversion, including changes to chart of accounts, cost centers, and transaction codes. Determine how to validate business processes in support of application acceptance, Operational Analysis, and Readiness Reviews.
System Testing and Validation: Perform testing to validate data in the new system, ensuring that all accounts are properly converted and functioning. Coordinate with functional QA teams to ensure that all accounting-related features in the IBS Core Banking System and PeopleSoft GL are working as expected. Troubleshoot any issues or discrepancies that arise during testing and work to resolve them quickly.
Documentation and Reporting: Maintain clear and detailed documentation of the account conversion process, including mapping documents, test plans, and validation results. Prepare reports on the status of account conversion projects, highlighting key milestones, risks, and issues. Provide regular updates to project stakeholders on progress, including any challenges encountered.
Stakeholder Collaboration: Work closely with business analysts, project managers, developers, and other stakeholders to ensure the conversion meets business requirements and objectives. Communicate with accounting teams and provide training on using the new system(s). Provide guidance and support to end-users throughout the conversion process.
Post-Conversion Support: Provide post-conversion support to ensure that the IBS Core Banking System and PeopleSoft GL continues to meet the organization's needs. Monitor system performance and resolve any post-migration issues that may arise. Participate in post-conversion reviews to evaluate the success of the conversion and identify any areas for improvement.