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BQ24040: Placement for Lithium charger circuit

Part Number: BQ24040

Hi,

We are building a Lithium polymer powered product. The product will have a separate charger housing which will charge the former when mounted on it. Since space inside the product is a constraint, is it fine if I place the Lithium charging circuit inside the charger housing and produce the 'OUT' pin and 'VSS' pin as the charging terminals? On the product side a low-drop diode can be placed to prevent risk of the terminals shorting. 

Is this recommended? If not, kindly let me know why.

Thanks!