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.
Principal Duties & Responsibilities
Preparing statutory and non-statutory returns to BNM/ LIAM or other statutory bodies including MFRS 4 and MFRS 17 submissions
Prepare relevant reconciliations to ensure completeness and accuracy of reported numbers
Involve in technical discussion and assessments for IFRS/MFRS 17, and any new accounting standards / regulatory reporting requirements.
Involve in month-end closing, which includes journal postings, preparing reconciliations and regulatory reports.
Preparing documentation for all processes and accounting policies
Assessing and analysing financial performance on a regular basis
Propose and involve in the implementation of appropriate procedures and systems to improve operational effectiveness and efficiency as well as internal control
Prepare statutory financial statements and manage annual audit requirements.
Be adaptable and responsive to change in management initiatives and ad hoc tasks
Manage regulatory/ industry associations/ other external stakeholders’ queries
Perform other duties and responsibilities assigned by Direct Manager
Job Specification:
Degree in Finance/Accounting related discipline or Professional qualification (ACA, CPA, ACCA or equivalent).
Minimum 7 years related working experience.
Ability to work with diverse personalities across various disciplines, cultures and business practices inherent to an international organization.
A team player with good interpersonal skills, able to work independently to meet all deliverables timelines.
Result oriented with a sense of urgency to follow up with project-related matters to resolution.
Comfortable working with uncertainty and highly adaptable to change
Understanding of general IFRS and IAS principles are required.
A demonstrable interest in IFRS 17 and related knowledge 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.
Skills Required
- Degree in Finance or Accounting or professional qualification (ACA, CPA, ACCA or equivalent)
- Minimum 7 years related working experience
- Experience preparing statutory and regulatory returns to BNM/LIAM or other statutory bodies, including MFRS 4 and MFRS 17 submissions
- Understanding of general IFRS and IAS principles
- Experience with month-end closing, journal postings, reconciliations and preparing regulatory reports
- Prepare statutory financial statements and manage annual audit requirements
- Prepare documentation for processes and accounting policies
- Ability to work with diverse personalities across disciplines and cultures
- Team player with good interpersonal skills and ability to work independently to meet timelines
- Result oriented with sense of urgency and ability to follow up project matters to resolution
- Comfortable working with uncertainty and highly adaptable to change
- Demonstrable interest in IFRS 17 and related knowledge
- Preferably from life insurance industry and/or audit background
- Ability to manage regulatory, industry association and other external stakeholder queries
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
