IFRS17 and Chart of Accounts Specialist

Oliver James Associates Ltd.; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading company is seeking a Finance Transformation Specialist to lead the IFRS17 retrofit and Chart of Accounts redesign. This role involves a key part in a global finance transformation program, requiring strong system knowledge and experience in life insurance finance. Candidates should have a sound understanding of IFRS17 accounting and will collaborate with various stakeholders to streamline financial reporting processes.

Qualifications

• 5-10 years of relevant experience in life insurance finance or transformation projects.
• Strong knowledge of IFRS17 accounting and associated financial reporting processes.
• Hands-on experience in Oracle implementation, preferably Oracle EDMCS.

Responsibilities

• Lead the harmonisation and administration of Chart of Accounts (CoA) across business units.
• Support the implementation of Oracle EDMCS as part of the IFRS17 transformation.
• Conduct impact analysis, data validation, and reconciliation during IFRS17 implementation.

Skills

Problem-solving

Stakeholder management

Cross-functional collaboration

Tools

Power BI

Alteryx

Oracle

Job description

We are looking for a transformation-focused finance professional to lead the IFRS17 retrofit and Chart of Accounts redesign across a global life insurance business. This role is part of a major finance transformation programme and requires strong system knowledge and industry experience.

Location: Kuala Lumpur, Malaysia
Contract: 12 months (with potential renewal or conversion)
Monthly Salary: Up to RM12,000

About the Role

We are hiring a Finance Transformation Specialist to support the delivery of IFRS17 and Chart of Accounts (CoA) transformation within a leading life insurance group. This role is part of a large-scale regional finance transformation programme and will involve working with stakeholders across multiple business units and systems.

Key Responsibilities

• Lead the harmonisation and administration of Chart of Accounts (CoA) across business units and legacy systems

• Support the implementation of Oracle, preferably Oracle EDMCS, as part of the IFRS17 reporting transformation

• Work with multiple finance systems (e.g., Oracle, Onestream, HFM) and ensure smooth CoA mapping and integration

• Collaborate with upstream systems (e.g., policy admin systems and subledgers) to support consistent data flows and interfaces

• Conduct impact analysis, data validation, and reconciliation during IFRS17 implementation and CoA restructuring

• Work closely with Group Finance and business units to streamline reporting, reduce manual effort, and enable automation

• Contribute to User Acceptance Testing (UAT), documentation, and stakeholder communication

Key Requirements

• 5-10 years of relevant experience in life insurance finance or transformation projects

• Strong working knowledge of IFRS17 accounting and associated financial reporting processes

• Hands-on experience in Oracle implementation, preferably Oracle EDMCS

• Proven experience in CoA administration and harmonisation across multi-entity environments

• Ability to operate in complex system landscapes involving multiple CoAs, subledgers, and reporting tools

• Strong problem-solving, stakeholder management, and cross-functional collaboration skills

• Experience with tools such as Power BI, Alteryx, or other automation solutions is an advantage

If you're a finance professional with deep IFRS17 experience and a strong understanding of CoA transformation in insurance, we encourage you to apply and be part of this impactful journey.