Cost Management Leader

5 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Prudential Hong Kong Limited Full time
Job Overview

We are seeking an experienced and dynamic Senior Manager of Group & LBU Cost Management to play a pivotal role in ensuring financial discipline of BAU and strategic projects cost pools.

This role will play a critical role in shaping our cost management capability, driving standardisation and efficiency across the entire group with an external benchmarking context.

Main Responsibilities
  • Finance Business Partner:
  1. Analyse group-level consolidated financial management information, providing Central Group entity (head office) consolidated financial reporting, and Group consolidated management information and analysis decks to the CEO and CFO.
  2. Collaborate with the Head of Enterprise Cost Management to offer financial guidance and support strategic decisions for the Group Executive team.
  3. Assist in partnering with various stakeholders in driving cost optimisation initiatives.
Group Cost Consolidation, Review and Challenge:
  1. Perform financial consolidation and review of the Local Business Unit (LBU), East Spring (ESI) and Central Entities expense results under IFRS 4.
  2. Support the Head of Enterprise Cost Management in independently reviewing LBU submissions partnering with them to drive standardisation and actionable insights.
  3. Harmonise financial reporting and budget planning across Central Entities, and reporting collection across the group to improve visibility, accuracy, transparency, and financial accountability.
  4. Assist in explaining different measurement of cost profiles between European Embedded Value (EEV), Traditional Embedded Value (TEV), IFRS 17 and IFRS 4.
Ratio Analysis & Benchmarking:
  1. Set up and maintain productivity and expense ratio analysis.
  2. Perform external benchmarking and comparative analysis.


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