PCLA | Assistant Manager, Accounting Operations

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.

We are looking for Assistant Manager, Accounting Operations to support and supervise financial accounting operations with a strong focus on accurate revenue recognition, double-entry bookkeeping, IFRS compliance, and timely financial closing. The role ensures proper reconciliation of financial data, supports cash and investment management, and contributes to audit readiness and stakeholder satisfaction. Additionally, the Accounts Receivable Supervisor oversees customer payment processes—including refunds, maturity, and surrender—ensuring timely and compliant disbursements aligned with internal policies and turnaround expectations.

• Lead and ensure efficient and accurate monthly financial closing with timely submission.

• Review and validate revenue data from LAS and DPAS systems, including:

  • Gross Premium Revenues

  • GRP Reports

  • Premium Outstanding and Discounts

• Review customer-related transactions (refunds, surrender, commissions) to ensure correct journal entries are imported into SunGL.

• Review investment income (AIR, FD, Corporate Bonds, CASA) and ensure proper journal entries.

• Reclassify auto-generated transactions from LAS as needed.

• Support report enhancement initiatives, including the development of Power BI dashboards, to improve financial visibility and enable more informed decision-making.

• Assist with accounting mapping and system configuration in LAS and related platforms, ensuring a clear understanding of system workflows and their alignment with financial reconciliation processes.

• Ensure all revenue-related financial items are properly reconciled before monthly closing.

• Maintain and reconcile key balance sheet accounts.

• Prepare and maintain required listings and schedules for audit trail purposes.

• Generate and review aging reports for receivables to monitor outstanding balances and ensure timely resolution.

• Support cash management activities for investment and operational needs.

• Ensure timely updates of banking information and transactions.

• Manage ad-hoc banking tasks such as:

  • Opening new corporate bank accounts

  • Updating bank signatories and authorizations

  • Managing corporate credit cards

• Provide timely support for customer payment releases (refunds, surrender, commissions) in line with turnaround time (TAT) expectations.

• Support User Acceptance Testing (UAT) and sign-off processes for new product launches or system enhancements.

• Perform other tasks as assigned by the Line Manager.

• Bachelor’s degree in Accounting, Finance, or a closely related field.

• Minimum of 3 years of progressive experience in accounting or finance supervision/senior roles.

• Strong working knowledge of accounting principles, IFRS standards, and relevant regulatory compliance.

• Experience with accounting systems (Core Insurance System and SunGL/Sun System preferred).

• Excellent interpersonal and professional communication skills.

• Strong data management and analytical skills.

• Detail-oriented with an unwavering commitment to accuracy.

• Effective time management and organizational abilities.

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.