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About this position

The Accounting (IFRS17) Manager is responsible for overseeing the implementation of new accounting standards, particularly IFRS 17 and 9, and ensuring compliance with regulatory requirements while fostering a culture of continuous improvement within the accounting and finance operations.

Responsibilities

• Perform gap analysis and identify implications of the new accounting standards (especially IFRS 17 & 9) to the accounting & finance operations, as well as its impact to statutory financial reporting and management reporting.
• Engage with stakeholders (e.g. Consultant, Accounting & Finance, Actuarial, PMO and IT teams) to prioritize the development of the new accounting standard implementation, including the design and planning of the new end-to-end closing process.
• Understand requirements from relevant regulators and association (i.e OIC, TFAC, TLAA, SEC) to ensure regulatory requirements are addressed in the implementation phase.
• Support the transition to IFRS 17 and parallel run. Ensure implementation of business requirements from accounting standards are appropriately tested & implemented in accounting & finance function.
• Stay updated on local accounting and industry updates. Review, revise and/or develop new company accounting policies, guidelines, and procedures to reflect external and internal requirements where applicable.
• Develop and maintain a continuous improvement culture, focus on efficient ways of working for both existing and new processes.
• Assist in ad-hoc assignments as and when required.

Requirements

• Bachelor's or Master’s Degree in Accounting (CPA or equivalent professional qualification is a plus).
• Minimum 2 years’ experience in accounting or finance of an insurance company, or auditing an insurance company. Prior experience on IFRS 17 is preferred.
• Knowledge in Thai Financial Reporting Standards (TFRS) and Thai Accounting Standards (TAS) is a plus.
• Good interpersonal and communication skills, self-motivated, resourceful and a good team player. Able to communicate (written and verbal) effectively in English.
• Able to multi-task, work independently and under pressure to meet timelines.