Assistant Manager, Financial Controls

Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow and Succeed.

Job Purpose:

• Support the Head and the Manager, Financial Controls team in achieving and maintaining end to end delivery of the annual SOX compliance (predominantly Finance and IT).
• Support the Head and also the Manager of Financial Controls in order to meet strategic oversight and governance requirement.    
• Assist other functions within the Finance function / Group in the provision of IT assurance validation testing, reporting of any gaps identified at local units and monitoring the gap remediation progress.  
• Assist BUs to evaluate and improve their respective system of internal controls (over financial reporting and operations) by using suitable control framework such as COSO, COBIT, and PCA framework.

Job Responsibilities:

• Support SOX 404 compliance scoping
• Perform and complete SOX 404 compliance testing
• Lead resolution of SOX 404 control issues
• Support effective relationships with key stakeholders of SOX 404 compliance
• Support development of Financial Controls team strategic and tactical plans and annual Financial Controls team plan Finance and IT area
• Monitor changes in regulations, frameworks and key focus areas       
• Support BUs’ SOX coordinators for achieving the objectives of SOX 404 compliance
• Support Manager for defining, developing, and maintaining SOX 404 policies and procedures and distributing clear, concise, timely instructions and guidelines to BUs
• Support SOX 404 scoping and HY scoping process
• Understand in scope units’ expectations in testing approach and coordinate audit activities with the external auditor and BUs’ SOX 404 coordinators
• Perform Test of design and Test of operating effectiveness for Controls related (Finance/Operations/ IT)
• Summarize deficiencies at the end of each testing period and identify process improvements to reduce compliance efforts and manage SOX 404 compliance across the region effectively and efficiently, monitoring remediation plan to closure.
• Support preparation of CFO update meeting, annual sign-off meeting, and PBSE sign-off, and Audit Committee deck in order to provide SOX 404 compliance progress updates including updates for Group reporting.  
• Build credibility and strong relationships with external auditor, GwIA, process owners, control owners, and SOX 404 coordinators in in-scope units
• Support regular meeting with external auditor in order to share current issues and reduce the unnecessary tasks.

Job Requirements:

• Bachelor Degree in Accounting or Finance.
• Professional accountancy qualification is preferred.
• Experienced candidate from Finance/controllership roles, Insurance industry and/or reputable audit firm or financial services or regional role in MNCs (3 to 4 years’ experience).
• Knowledge and exposures in SOX 404, COSO Framework, IFRS, internal controls and insurance industries.
• Proven report writing and presentation skill.
• Ability to work independently.
• Willing to work long hours as and when required.
• Willing to travel as and when required (60% travel).
• Ability to read/speak Mandarin and Cantonese will be an added advantage.

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 special requirements.