Position Overview:

As the Chief Accountant at ***, you will play a critical role in steering the financial integrity and operational efficiency of our life insurance run-off business. In addition to traditional responsibilities of ensuring that all insurance premiums, claims, and policy-related transactions are accurately accounted for, you will be expected to utilize your expertise to bridge the gap between our proprietary technology systems and financial accounting components, ensuring a cohesive approach to reserves and financial forecasting.

Key Responsibilities:

Initial Phase:

• Spearhead the development and refinement of the general ledger components within our proprietary insurance core system.

• Facilitate the setup, configuration, and ongoing optimization of the SAP system to align with our operational needs.

• Establish accounting policies in compliance with IFRS17 and HK local regulations.

Ongoing:

• Overseeing all accounting functions, staffs and activities, making sure reporting and bookkeeping is accurate and in compliance with regulations

• Produce accurate and timely Financial Statements by required frequency

• Ensure the Treasury Management and Banking functions operate in accordance with regulatory and organisational requirements.

• Contribute to the preparation of the annual revenue and capital budgets, monitoring of financial performance and completion of the annual accounts.

• Collaborate closely with actuarial teams for liability management and to validate financial projections and ensure the precision of reserve calculations.

• Remain abreast of evolving industry regulations and maintain compliance with international (IFRS 17) and local statutory accounting principles.

• Engage proactively with the *** board, internal teams and external parties including regulators, reinsurers and auditors to support transparent and compliant financial practices.

Required Skills and Qualifications:

• CPA or equivalent.

• A minimum of 8 years of experience in accounting and within that, a minimum of 5 years in life insurance sector.

• Comprehensive understanding of statutory accounting principles, including both IFRS 17 and Hong Kong's local regulatory frameworks, with specific knowledge in asset accounting.

• Proficiency in the use of SAP and other accounting software, as well as advanced MS Excel skills.

• Demonstrated experience in contributing to or leading SAP system development projects.

• Fluent in English, with proficiency in Mandarin and/or Cantonese highly regarded.

What We Offer:

• Opportunity of being an early member of a start-up: working directly with founders; flexible hours, unique experience, minimal supervision and opportunities for innovation