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Accion Labs Sdn Bhd

Finance IFRS 17 Reporting

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Job Description

Position: Finance IFRS 17 Reporting

Job purpose

Responsible in handling accounts payable and management expenditure functions in good governance. Besides, the incumbent also responsible for improvement initiatives and system enhancement.

Key Accountabilities

Support in identifying the MFRS17 & 9 implications specifically for the finance functions in the Financial Reporting and Management Reporting systems

Engaging and working with relevant department to prioritize the development of the business requirements and solutions relates to the Finance functions

Assess GL gaps and data requirements for financial reporting in accordance with MFRS 17 & 9 requirements

Support development of new expense allocation approach and re-perform expense allocation to test methodology

Involve in preparation of accounting position papers for MFRS 17 & 9 and translate into accounting policies and accounting manual

Support the design to-be process and system enhancement requirements, from local systems, actuarial model, sub-ledgers, data warehouses, to account ledger and reporting tools

Preparation of new internal controls for updated processes and test control

Preparation of skeleton financial statements and disclosures, including comparative for MFRS17 & 9

Analyze the financial impact and preparation of position paper on transition approach

Develop test plan and participate in dry run & parallel run covering Finance scopes

Preparation of training material and provide training to Finance staff on new proces

More Info

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Date Posted: 21/11/2024

Job ID: 101025073

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About Company

Accion Labs is a GenAI first Innovation Engineering Services & Solutions company headquartered in Pittsburgh, our core purpose is to impact lives by transforming businesses through innovation. With a presence in 23 global locations, Accion Labs boasts an engineering headcount of more than 5,500+ employees. The company engages with its clients through collaborative, white-box engagement models that include extended teams and turn-key projects. Accion Labs excels in building new products and re-engineering legacy products using state-of-the-art technologies and innovation. Led by an entrepreneurial leadership team that prioritizes execution, outcomes, and continuous learning, Accion Labs has been recognized as one of Pittsburgh’s fastest-growing companies by the Pittsburgh Business Times and as a leader in innovation by Smart Business Magazine.

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