Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
The incumbent is part of the dynamic IFRS17 finance team where you will support and participate in IFRS17 BAU activities and on-going Finance projects.
PRINCIPAL DUTIES AND RESPONSIBLITIES
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Prepare the closing day-to-day activities are in place and deliver in timely manner.
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Support financial closing (month/quarter/year-end) to meet the financial reporting requirements.
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Prepare all the pre and post load ETLs related data validation and reconciliation on timely manner. Perform investigation/escalation as when is required.
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Actively monitor and report unresolved issues that may lead to closing delays.
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Carry out the assessment activity/annual study for the new/existing accounting configuration of IFRS17 ETLs component.
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Support the new product launch or any changes on the accounting treatment for policy admin/non-policy system from finance perspective e.g., review GL by process, UAT etc.
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Assist other Finance team to ensure the financial closing timeline is met.
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Liaise with auditors and SOX team on audit-related matters.
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Ensure the process and control documentation in relation to ETLs processes (end to end) are accurate, complete and SOX compliant.
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Assist in Finance Initiatives in building capabilities within the Finance functions to enhance and improve systems, processes, and controls, pre and post implementation.
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Work together across various disciplines and Finance functions, including IT, Operations and Actuarial, to drive system and process improvement that will enable Finance to scale and improve in terms of efficiency, accuracy, and compliance.
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Be adaptable and responsive to change management initiatives and ad hoc tasks.
JOB SPECIFICATION
Qualifications
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Degree in Finance/Accounting related discipline or Professional qualification (ACA, CPA, ACCA or equivalent).
Experience
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Minimum 5 years related working experience in Finance/Accounting roles.
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Ability to work with diverse personalities across various disciplines, cultures, and business practices inherent to an international organization.
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Result oriented with a sense of urgency to follow up with issue or project-related matters to resolution.
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A team player with good interpersonal skills, able to work independently and under pressure.
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Preferably candidate from life insurance industry and/ or audit background.
Knowledge
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Understanding of general IFRS and IAS principles are required.
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Knowledge in IFRS 17 would be beneficial.
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Alteryx skills with Advance Certification.
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Knowledge in Sun GL Accounting System, Vision, and SQL.
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Top Skills
What We Do
In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region.
Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets.
We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information
Prudential plc: https://www.prudentialplc.com/
Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation