PAMB | Manager, External Reporting & Accounting

Prudential Services Asia; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Prudential Services Asia is seeking a seasoned finance professional to lead regulatory reporting and statutory submissions. The role requires strong IFRS/IAS knowledge, with emphasis on IFRS 17, and ownership of month-end processes including reconciliations and audit support.

You will prepare filings to BNM/LIAM, ensure accuracy of reports, and drive process improvements across accounting policies and internal controls within a multinational insurance context.

Qualifications

• Degree in Finance/Accounting related discipline or Professional qualification (ACA, CPA, ACCA or equivalent)
• Minimum 7 years related working experience
• Understanding of general IFRS and IAS principles are required
• Demonstrable interest in IFRS 17 and related knowledge would be beneficial

Responsibilities

• Prepare 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

Skills

IFRS knowledge

IFRS 17 familiarity

Regulatory reporting

Audit coordination

Analytical skills

Stakeholder management

MS Excel

Education

Degree in Finance/Accounting related discipline or Professional qualification (ACA, CPA, ACCA or equivalent)

Tools

MS Excel

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

• 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.

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