CVP, SAP Financial Products Subledger (FPSL) Functional Lead

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Philadelphia, PA, USA
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Artificial Intelligence • Cloud • Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
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The Role
Location Designation: Hybrid - 3 days per week
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.
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
Skills & Competencies
• Bachelor's degree in Information Technologies, Computer Science, Business, and/or equivalent experience.
• Master's degree Information Technologies, Computer Science, Business preferred.• 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
#LI-SV1
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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: 93057
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What the Team is Saying

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New York Life Insurance Company Compensation & Benefits Highlights

  • Retirement Support The 401(k) with company match alongside a defined‑benefit pension for many employees—often with immediate vesting on 401(k) contributions—provides uncommon long‑term security. Company materials emphasize this dual‑track retirement offering for corporate roles.
  • Parental & Family Support Paid New Parent leave was doubled to eight weeks for all parents and is complemented by adoption assistance, fertility benefits, and subsidized backup childcare. Eldercare resources and return‑to‑work programs further bolster support across life stages.
  • Healthcare Strength Medical, dental, and vision coverage options are paired with mental‑health/EAP resources and, in some plans, a company‑funded HRA. Wellness amenities such as a home‑office Wellness Center and gym discounts round out the health offering.

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The Company
HQ: New York, NY
12,000 Employees
Year Founded: 1845

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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