Financial Reporting Specialist

Posted 3 Days Ago
Be an Early Applicant
Singapore
Senior level
Financial Services
The Role
The Financial Reporting Specialist is responsible for ensuring compliance with IFRS17 reporting, analyzing business results, preparing documentation for auditors, and supporting system enhancements. The role requires collaboration with stakeholders for audit requests and involves detailed financial analysis and reporting.
Summary Generated by Built In

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.

In this role, you will report to the financial reporting lead to ensure the success of operation and production of IFRS compliant reporting. You will also involve in the testing of any system changes, and opportunity to continue to support the modernisation project across other entities within Prudential.

Job Description:

Technical & Financial

  • Involve in the monthly IFRS17 reporting to ensure inputs to the IFRS17 solution are correct and timely 
  • Involve in the analysis of business results and outputs from the reporting systems, especially in the quarterly group reporting
  • Prepare documents and walkthrough the process with auditors in terms of the IFRS17 review
  • Involve in system enhancements which cover documentation, testing and rectification
  • Coordinate IFRS17 related audit requests from various stakeholders
  • Any other non-IFRS17 relating reporting works could be assigned to you
  • Involve in system testing on any enhancement done to the reporting system
  • Opportunity to support other Prudential entities on similar works after end of the system enhancements

Who we are looking for:

Competencies & Personal Traits

  • Sound knowledge on Financial Reporting Standards on insurance contracts, financial knowledge, and understand how to tackle IFRS 17 issues and provide solutions
  • Experience in day to day reporting and operation matters, and have an overview of the Finance operations and reporting structure in Life insurance industry
  • Experience in dealing with auditors
  • Detailed, meticulous, resilient and strong analytics skills
  • Involve in system testing on any enhancement done to the reporting system
  • Opportunity to support other Prudential entities on similar works after end of the system enhancements

Working Experience

  • Min 5 years of experience in financial accounting and analysis, IFRS 17 projects or auditing
  • Experience and major involvement in IFRS17 related works in a life insurance company

Professional Qualifications

  • CA/CPA/ACCA

Educationg

  • Degree in Accountancy or recognised accounting

 

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.

The Company
HQ: Central, Hong Kong
52,292 Employees
On-site Workplace

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

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