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Assistant Manager, Finance Data
2 months ago
Posted: 1 day ago
Type: Permanent
Salary: Competitive
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.
This role will be crucial in ensuring the integrity and timeliness of financial closings, from monthly, quarterly, and year-end financial closing. The role involves day-to-day validation of ETL-related data, proactive issue resolution, and collaboration with IT, Operations, and Actuarial teams to enhance financial systems and processes. The team member will support new product launches, assess IFRS17 ETL components, and liaise with internal & external auditors to maintain audit/SOX compliance. A commitment to continuous improvement and adaptability to change is essential for the role to succeed.
PRINCIPAL DUTIES & RESPONSIBILITIES:
- Prepare the closing day-to-day activities and deliver in a timely manner.
- Support financial closing (month/quarter/year-end) to meet the financial reporting requirements.
- Prepare all the pre and post load ETLs related data validation and reconciliation in a timely manner. Perform investigation/escalation as required.
- Actively monitor and report unresolved issues that may lead to closing delays.
- Carry out the assessment activity/annual study for the new/existing accounting configuration of IFRS17 ETLs component.
- 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.
- Assist other Finance teams to ensure the financial closing timeline is met.
- Liaise with auditors and SOX team on audit-related matters.
- Ensure the process and control documentation in relation to ETLs processes (end to end) are accurate, complete and SOX compliant.
- Assist in Finance Initiatives in building capabilities within the Finance functions to enhance and improve systems, processes, and controls, pre and post implementation.
- 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.
- Be adaptable and responsive to change management initiatives and ad hoc tasks.
JOB SPECIFICATION
Qualifications/Experience/Knowledge
Qualifications:
- Degree in Finance/Accounting related discipline or Professional qualification (ACA, CPA, ACCA or equivalent).
Experience:
- Minimum 5 years related working experience in Finance/Accounting roles.
- Ability to work with diverse personalities across various disciplines, cultures and business practices inherent to an international organization.
- Result oriented with a sense of urgency to follow up with project-related matters to resolution.
- A team player with good interpersonal skills, able to work independently and under pressure.
Knowledge:
- Understanding of general IFRS and IAS principles are required.
- Knowledge in IFRS 17 would be beneficial.
- Preferably candidate from life insurance industry and/or audit background.
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.
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