Senior Manager, MFRS 17

Recruiter
AmGeneral Insurance Berhad
Location
Kuala Lumpur
Salary
Competitive salary
Posted
09 Oct 2020
Closes
08 Nov 2020
Ref
4380266
Job role
Accountant
Sector
Insurance
Experience level
Manager
JOB RESPONSIBILITIES:
  • Involved full time on the MFRS 17 implementation project and work closely with the project team to ensure the project progress meets all the deadlines
  • Work out the double entries (posting rule) for MFRS 17 and refine MFRS 17 accounting policies
  • Perform expense study / cost allocation and chart of account mapping to ensure all required new chart of accounts under MFRS 17 are identified
  • Prepare the template of financial statement that are in compliance with MFRS 17
  • Evaluate, understand and build Business Data Requirement, and convert to user requirement for system enhancement
  • Develop UAT pack from sub-ledger to GL including test scenario, provide requirement during testing phase and provide support in testing output from sub-ledger to GL
  • Reconciliation between MFRS 4 vs MFRS 17
  • Liaise with financial reporting team
  • Identify and recommend on system and process enhancement
  • Provide MFRS 17 training to respective stakeholders
JOB REQUIREMENTS:
  • Bachelors' degree or equivalent, in Finance,  or any related discipline
  • Qualified Chartered Accountant (MIA, ACCA, CPA, MICPA or ICAEW)
  • Minimum of 8 years' working experience in financial institutions (Banking or Insurance)
  • Technically sound on MFRS 17 and experienced in consulting or implementing MFRS 17 projects
  • Experience in implementing MFRS' adoption will be an added advantage


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