New York Life Insurance Company · 1 day ago
CVP, SAP Financial Products Subledger (FPSL) Functional Lead
New York Life Insurance Company is seeking a CVP, SAP Financial Products Subledger (FPSL) Functional Lead to manage SAP FPSL projects and support S/4 HANA Finance initiatives. The role involves translating business requirements into software solutions, supervising junior colleagues, and engaging with project stakeholders to ensure successful project delivery.
FinanceFinancial ServicesInsurance
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
Qualification
Required
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
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
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
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
Preferred
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)
Benefits
Leave programs
Adoption assistance
Student loan repayment programs
Company
New York Life Insurance Company
For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime.
H1B Sponsorship
New York Life Insurance Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (149)
2024 (99)
2023 (85)
2022 (77)
2021 (48)
2020 (65)
Funding
Current Stage
Late StageLeadership Team
Recent News
2026-01-05
Insurance News in the United States
2025-12-13
EIN Presswire
2025-12-11
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