CVP, SAP Financial Products Subledger (FPSL) Functional Lead

New York Life Insurance•Philadelphia, PA

18h•$125,000 - $185,000•Hybrid

About The Position

Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life’s legacy of being there when we’re needed most. Here, you'll design, implement, and support these solutions directly impacting employees’ lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions. Preferred location is Philadelphia and hybrid / 3 days onsite schedule. A remote work arrangement may be considered for well-qualified candidates. What You’ll Do : Responsible for defining, planning, tracking, and managing SAP FPSL projects successfully by identifying key resources and providing the direction to meet defined objectives. Lead and support S/4 HANA Finance pursuits and engage with all Development initiatives Translate business requirements into a software solution using SAP FPSL Supervise and coach junior colleagues and manage parts of project engagements Ad hoc analysis of production incidents and provide problem resolution SAP FPSL specialists deliver the technology and services to help meet business performance goals and improve processes Work with other project teams to develop solutions Promote and foster collaboration and knowledge sharing between Business & Technology teams Participate in project planning activities and manage the execution of enhancements & multiple parallel Projects Manage relationship with project stakeholders, keeping them informed of progress and issues in order to manage expectations on all the project deliverables. Business and Accounting Understanding Worked on projects in the financial services industry (insurance companies, banks, fintechs, insurtechs) Worked in at least one of the following areas: financial accounting, financial controlling, risk management, regulatory/statutory compliance Willing to dig into financial reporting (e.g. US-GAAP or US Statutory) Evaluates potential solutions to ensure requirements are aligned with the accounting standards and can be implemented/configured in the SAP FPSL landscape Solid grasp of insurance accounting business requirements and ability to document and communicate them effectively to product owner(s), business customers and team members is a plus What You’ll Bring : System Knowledge and Project Experience Minimum of 6-8 years of SAP Experience preferably in FSI industry Prior implementation of SAP solutions Prior implementation of a sub-ledger preferred; experience with configuration of a standard accounting solution - preferably on an SAP platform (e.g. SAP Bank Analyzer, FPSL, Accounting for Insurance Contracts) Alternatively, SAP FS-CD, SAP FS-RI or SAP S/4 Hana FI (with focus on technical subledger) Engaged participation in the agile project delivery (sprint planning, JIRA, retrospective, etc.) Understanding of end-to-end system landscape (source, master data, general ledger, consolidation) and how the data flows from the source to produce the required bookings, reports and interfaces Ability to understand implementation design for new solutions and to specify requirements to developers for change requests Knowledge of SQL as well as familiarity with scripting or programming languages

Requirements

Minimum of 6-8 years of SAP Experience preferably in FSI industry
Prior implementation of SAP solutions
Engaged participation in the agile project delivery (sprint planning, JIRA, retrospective, etc.)
Understanding of end-to-end system landscape (source, master data, general ledger, consolidation) and how the data flows from the source to produce the required bookings, reports and interfaces
Ability to understand implementation design for new solutions and to specify requirements to developers for change requests
Knowledge of SQL as well as familiarity with scripting or programming languages
Bachelor’s degree in Information Technologies, Computer Science, Business, and/or equivalent experience.
Great teammate with a high degree of personal accountability
Curious to learn and understand
Strong delivery focus as well as analytical capabilities
Ability to work under stress and to cope with peak time
Experience in working in larger scale agile projects
Problem solving demeanor: ability to break-down complex issues into relevant details and solvable actions
Worked on projects in the financial services industry (insurance companies, banks, fintechs, insurtechs)
Worked in at least one of the following areas: financial accounting, financial controlling, risk management, regulatory/statutory compliance
Willing to dig into financial reporting (e.g. US-GAAP or US Statutory)

Nice To Haves

Prior implementation of a sub-ledger preferred; experience with configuration of a standard accounting solution - preferably on an SAP platform (e.g. SAP Bank Analyzer, FPSL, Accounting for Insurance Contracts)
Alternatively, SAP FS-CD, SAP FS-RI or SAP S/4 Hana FI (with focus on technical subledger)
Master’s degree Information Technologies, Computer Science, Business preferred.
Solid grasp of insurance accounting business requirements and ability to document and communicate them effectively to product owner(s), business customers and team members is a plus

Responsibilities

Responsible for defining, planning, tracking, and managing SAP FPSL projects successfully by identifying key resources and providing the direction to meet defined objectives.
Lead and support S/4 HANA Finance pursuits and engage with all Development initiatives
Translate business requirements into a software solution using SAP FPSL
Supervise and coach junior colleagues and manage parts of project engagements
Ad hoc analysis of production incidents and provide problem resolution
SAP FPSL specialists deliver the technology and services to help meet business performance goals and improve processes
Work with other project teams to develop solutions
Promote and foster collaboration and knowledge sharing between Business & Technology teams
Participate in project planning activities and manage the execution of enhancements & multiple parallel Projects
Manage relationship with project stakeholders, keeping them informed of progress and issues in order to manage expectations on all the project deliverables.
Evaluates potential solutions to ensure requirements are aligned with the accounting standards and can be implemented/configured in the SAP FPSL landscape

Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs.
Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation .
We're proud that due to our mutuality, we operate in the best interests of our policy owners.

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