SAP Financial Products Sub Ledger Lead


Date: Jun 21, 2022

Location: Alpharetta, GA, US

Company: New York Life Insurance Co



When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.


Main responsibilities

  • Translate business requirements into a software solution using SAP FPSL
  • Configuration of SAP FPSL system according to elicited requirements
  • Ensure timely and high-quality delivery of user stories as prioritized in the backlog
  • Preparation of expected results according to business requirements to compare against SAP FPSL output
  • Work with other project teams to develop solutions
  • Ad hoc analysis of production incidents and provide problem resolution
  • Provide test evidence for release change requests
  • Support any end-to-end integration testing of FPSL


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


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


Personal skills

  • 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


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. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of

Job Requisition ID: 86830




Nearest Major Market: Alpharetta
Nearest Secondary Market: Atlanta

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