Assistant Manager, Finance

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.

Act as one of the company’s Expense Business Partners and manage the expense for the assigned departments with an objective to deliver company’s growth and investment strategy. The incumbent of this role works closely with management to analyze in detail the company’s spend on business initiatives and recommend management actions, to prepare & evaluate the impact on financial metrics, and to support an effective and transparent budget planning process that aligns with the company’s strategic and financial targets.

Job Descriptions :

• Support month-end and year-end closing, including expense provision & accrual for the assigned department. Support the monthly expense allocation process, booking of expense by fund type and expense variance calculation
• Act as Expense Business Partner for the assigned departments, provide recommendations to management team to manage expenses by producing expenses MIS reports, prepare expense commentary and analysis through understanding of expenses drivers. Support the annual budgeting and regular forecasting process for the assigned department to ensure expenses are budgeted at appropriate level and identify opportunity of expense saving to maximize the benefit for the company.
• Co-ordinate the annual expense study process, review and analyze actual experience of operating expenses and compensation for life and group business and recommend expense assumptions for future years
• Provide assistance on ad hoc request from management on expense analytics and presentation material. Manage adhoc query related to expense variance from stakeholders such as actuarial team, PCA and auditors. Support enquiries from IFRS 17 project team on IFRS 17 accounting standard implementation for Expense functions include solution design and operational impact assessment when necessary

Job Requirements :