Senior Manager, Insurance Accounting (Life Insurance Project)

Job Purpose

The person in charge of the position is responsible for:

The Senior Accountant is responsible for designing, defining, and validating accounting rules and configurations within the core insurance system to ensure alignment with local accounting standards, company policy, and regulatory requirements. This role is critical in bridging finance, IT, and operations during system implementation or transformation projects.

Key Accountabilities

1. Accounting Rule Setup and Configuration

• Define accounting rules and mappings for various insurance products, transactions, and processes in the core system.
• Ensure proper configuration of the chart of accounts (CoA), journal entries, and accounting flows.

2. Coordination and System Implementation

• Collaborate with IT, actuarial, and operations teams to ensure correct end-to-end integration of accounting functionalities.
• Participate in UAT (User Acceptance Testing) and validate the accuracy of financial outputs from the system.

3. Compliance and Reporting Alignment

• Ensure accounting rule design adheres to VAS and other local or international standards.
• Support in preparing documentation and audit trails related to accounting configurations in the system.

4. System Error Handling and Issue Resolution

• Serve as the key point of contact for accounting-related system issues, discrepancies, or unexpected behavior in financial outputs.
• Investigate root causes of accounting errors in system-generated journal entries or reports.

5. Continuous Improvement

6. Team Training and Staff Management

6. Other tasks will be required

Key Relationships - Direct Manager

Head of Accounting and Taxation

Key Relationships - Direct Reports

Team Lead, Payment Accounting; Senior Payment Accouting

Key Relationships - Internal Stakeholders

Techcombank divisions/departments

Key Relationships - External Stakeholders

Techcombank's suppliers; Subsidiaries, member companies

Success Profile - Qualification and Experiences

Degree/Professional:

• Bachelor’s degree or higher in Accounting, Finance, or related fields.
• Professional certifications such as CPA, ACCA, or equivalent are preferred.

Experience:

• At least 5–7 years of relevant experience in in life insurance accounting.
• Prior experience in ERP or core insurance system implementation is highly desirable.
• Strong understanding of insurance accounting and regulatory frameworks (e.g., VAS, IFRS 17).
• Familiarity with core systems such as eBao, or similar is an advantage.

Skills & Competencies:

• Strong analytical and problem-solving skills.
• Detail-oriented with a solid understanding of accounting controls.
• Excellent communication and cross-functional coordination skills.
• Proficient in Excel and accounting/reporting systems.
• Ability to work under pressure and meet project deadlines.