Assistant Manager, External Reporting & Accounting

PAMB Prudential Assurance Malaysia Berhad; Kuala Lumpur; On-site; MYR 90,000 - 150,000; Full time

Job summary

Prudential plc seeks a finance professional to support statutory and regulatory reporting, consolidation, and month-end close in a multinational insurance environment.

You will work on IFRS/MFRS 17 discussions, reconciliations, and documentation, collaborating with auditors and stakeholders to ensure accuracy and timely reporting.

Qualifications

• Degree in Finance/Accounting related discipline is required.
• Minimum 3-4 years related working experience.
• Understanding of general IFRS and IAS principles is required.
• Demonstrable interest in IFRS 17 and related knowledge would be beneficial.
• Preferably candidate from life insurance industry and/or audit background.
• Proficiency in Microsoft Excel is required; exposure to Oracle accounting system and process automation tools would be an advantage.

Responsibilities

• Assist in preparing statutory and non-statutory returns to BNM/LIAM or other statutory bodies including MFRS 4 and MFRS 17 submissions.
• Prepare reconciliations to ensure completeness and accuracy of reported numbers.
• Involve in technical discussion and assessments for IFRS/MFRS 17 and regulatory reporting requirements.
• Support month-end closing activities, including journal postings, account reconciliations and regulatory reporting.
• Assist in preparing documentation for all processes and accounting policies.
• Assist in assessing and analyzing financial performance on a regular basis.
• Propose and assist in implementing procedures and systems to improve operational effectiveness and internal control.
• Assist in production of financial statements.
• Liaise with internal stakeholders, auditors and other relevant parties on financial reporting and audit matters.
• Participate in ad hoc tasks.

Skills

Interpersonal skills

Analytical skills

Attention to detail

Education

Degree in Finance/Accounting related discipline

Tools

Excel

Oracle accounting system

Job description

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

• Assist in 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.
• Support month-end closing activities, including journal postings, account reconciliations, financial analysis and regulatory reporting.
• Assist in preparing documentation for all processes and accounting policies
• Assist in assessing and analyzing financial performance on a regular basis
• Propose and assist in the implementation of appropriate procedures and systems to improve operational effectiveness and efficiency as well as internal control
• Assist in production of financial statements
• Liaise with internal stakeholders, auditors and other relevant parties on financial reporting, audit and regulatory matters.
• Participate and assist in ad hoc tasks

JOB SPECIFICATION

• Degree in Finance/Accounting related discipline or Professional qualification (ACA, CPA, ACCA or equivalent).
• Minimum 3-4 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.
• Proficiency in Microsoft Excel is required; exposure to Oracle accounting system and process automation tools would be an advantage.

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.

We are Prudential.

For every life, we are partners.

For every future, we are protectors.

Prudential plc provides life and health insurance and asset management to 17 million customers across 20 markets in Asia and Africa.

We are headquartered in Hong Kong and have dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange.

We are focused on four strategic regions: Greater China, ASEAN, India and Africa.

Our customers are served by around 55,000 agents and more than 200 bank partners.

Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

Find out more at www.prudentialplc.com Follow us on LinkedIn