Group Benefit Solutions deliverscomprehensive 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 beingthere 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.
Role Overview:
- The SAP Collections and Disbursements (FSCD) Specialist is accountable and responsible for implementation and maintaining SAP FSCD and S/4 HANA systems.
- The SAP FSCD Specialist responsible for Project integration of varying sizes and delivering projects within program expectations, on time through improved productivity, performance.
- The SAP FSCD Specialist demonstrates leadership competencies by engaging with Cross-functional teams to manage project delivery lifecycle, from Conception, blueprint, realization to go-live and support.
- The SAP FSCD Specialist support large, complex projects, working with distributed teams together to focus on execution and delivery.
What You'll Do:
- Responsible for defining, planning, tracking, and managing SAP FSCD projects successfully by identifying key resources and providing direction to meet defined objectives.
- Lead and support S/4 HANA Finance pursuits and engage with all Development initiatives
- Supervise and coach junior colleagues and manage parts of project engagements
- SAP FSCD specialists deliver the technology and services to help meet business performance goals and improve processes
- 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.
What You'll Bring:
Skills and Experience:
- 7-10 years of SAP FS-CD and S/4HANA Finance experience, with deep functional expertise and full lifecycle implementations across Collections, Disbursements, payments, clearing, and business partner processes.
- Strong ability to translate business requirements into SAP FS-CD functional designs and partner effectively with technical teams (ABAP, integration, banking interfaces).
- Proficiency in configuring FS-CD components (business partners, policies, dunning, disbursements, workflows, payment programs, reconciliation, reporting).
- Experience developing and managing interfaces with external banking systems (ACH, wire, check processing, positive pay).
- Strong understanding of S/4HANA capabilities and SAP Finance best practices.
- 5+ years working in complex, multi-module SAP environments, with strong integration experience across FI and related Finance components.
- Ability to work across cross-functional teams, facilitate workshops, and drive clarity in complex delivery environments.
- Familiarity with Agile/SAFe delivery methodologies and use of tools/accelerators to streamline implementation.
- Strong analytical abilities, problem-solving skills, and capability to design scalable finance solutions.
- Excellent communication skills with the ability to engage both technical and business stakeholders.
Skills & Competencies
- Bachelor's degree in Information Technologies, Computer Science, Business, and/or equivalent experience.
- Master's degree Information Technologies, Computer Science, Business preferred
- Deep functional knowledge in the areas of finance within the financial services industry.
- Proven analytical skills and systematic problem solving.
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Pay Transparency
Salary range: $125,000 - $185,000 (Philadelphia)
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location.In addition to base salary, employees may also be eligible to participate in an incentive program.
Our 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.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
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. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID: 93056
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Skills Required
- 7-10 years of SAP FS-CD and S/4HANA Finance experience
- Proficiency in configuring FS-CD components
- Experience developing and managing interfaces with external banking systems
- Strong understanding of S/4HANA capabilities and best practices
- 5+ years working in complex, multi-module SAP environments
New York Life Insurance Company Compensation & Benefits Highlights
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Retirement Support — 401(k) savings with company match alongside eligibility for a defined‑benefit pension in some roles underscores unusually strong retirement depth. Plan documents note vesting requirements and company materials highlight financial education around choices like Roth 401(k).
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Healthcare Strength — Comprehensive medical, dental, and vision options are paired with tools to help choose cost‑effective care, plus FSAs/HRA and mental health/EAP resources for employees and families. Well‑being programs and wellness centers or discounts reinforce access to care.
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Parental & Family Support — Paid time off, expanded paid new‑parent leave, adoption assistance, fertility support, backup childcare, and elder‑care resources indicate broad family coverage. Company recognition for family supports and ERGs signals emphasis on flexibility and caregiving needs.
New York Life Insurance Company Insights
What We Do
At New York Life, our 180-year legacy of integrity, mutuality, and financial strength fuels a future defined by bold transformation. As the largest mutual life insurance company in the U.S., we operate on behalf of our policy owners—not shareholders. That structure allows us to take a long-term view, investing in people, purpose, and innovation that endures. Guided by a clear enterprise vision to become a technology-, data-, and AI-powered company, we’re modernizing our platforms, rearchitecting experiences, and embedding intelligence across our products and services. Our mission has always been about helping people through life’s most meaningful moments. Today, technology is amplifying that mission—enabling us to serve clients, advisors, and communities in more personalized, proactive ways. With a diversified business portfolio spanning insurance, investments, retirement, group benefits, and direct-to-consumer offerings, New York Life delivers the stability of a Fortune 100 company with the agility of one that’s continuously evolving. We’re powered by a values-led culture, inclusive teams, and a shared belief that when our people thrive, so does our company. Here, tradition fuels momentum—and your ideas, energy, and growth power what’s next.
Why Work With Us
New York Life is transforming from the inside out—blending 180 years of trust with the velocity of innovation. What makes us different is our culture: grounded in integrity, humanity, and shared success—values that show up in how we work, lead, and grow. If you want a place where innovation has purpose—build what's next with us.
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New York Life Insurance Company Teams
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.










