Treasury & Disbursement Specialist (1 Year Contract)

Prudential Services Asia; Singapore; On-site; SGD 42,000 - 68,000; Full time

Job summary

Prudential is seeking a Finance Operations Executive to manage end-to-end disbursement processes, month-end close, and balance sheet reconciliations in a fast-paced environment.

The role requires experience in payment processing, AP/AR, and strong analytical skills. Collaboration with internal stakeholders and system-savvy problem solving are essential.

Qualifications

• Experience in insurance finance operations.
• Strong knowledge of accounts payable and receivable.
• Experience with high-volume payment processing.

Responsibilities

• Execute daily payment processing for insurance payouts, vendors, staff reimbursements, commissions and transfers.
• Perform balance sheet reconciliations including bank reconciliations and inter‑fund schedules.
• Support month‑end closing activities with accruals and provisions.
• Serve as system user and first‑level troubleshooter for finance tools (Life Asia, Oracle, Anaplan, Alteryx).
• Drive process improvements to enhance efficiency and controls.
• Prepare audit documentation and support internal/external audits.
• Support finance projects and system enhancements.

Skills

AP/AR familiarity

Payment processing

Bank reconciliations

Month-end close

Analytical skills

Financial systems

Tools

Oracle Fusion

Anaplan

Alteryx

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. The Finance Operations Executive is a key member of the Treasury & Disbursement team, responsible for end‑to‑end disbursement operations, month‑end close, and balance sheet reconciliations. The role covers daily processing of insurance payouts, commissions, expenses, and investment bank transfers, alongside reconciliation and continuous process improvement initiatives. This position ensures the accuracy, timeliness, and integrity of financial operations in compliance with statutory, regulatory, and internal control requirements. Managing high transaction volumes under tight timelines, the Executive partners closely with internal stakeholders to resolve issues, strengthen controls, and support system and process enhancements. Reporting to the Lead, Finance Operations, the role plays an important part in maintaining operational excellence within a fast‑paced environment.

Key Responsibilities

Execute daily payment processing for insurance payouts, vendors, staff reimbursements, commissions, incentives, and investment bank transfers, ensuring accuracy, timeliness, and compliance with policies and controls. Response to Life Operations queries on payment status and accounting code for insurance/expense processing Perform assigned balance sheet reconciliations, including bank reconciliations, inter‑fund, inter‑company, and other supporting schedules. Support month‑end closing activities, including accruals, provisions (e.g. premiums, claims, NBP), fixed asset accounting, and expense allocations. Act as a system user and first‑level troubleshooter for finance systems and tools (e.g. Life Asia, Oracle, Anaplan, Alteryx), including issue identification, escalation, and resolution of internal user enquiries related to systems or reports. Drive ongoing process improvement initiatives to enhance efficiency, strengthen controls, and streamline end‑to‑end workflows. Prepare ad‑hoc schedules, provide audit documentation, and perform financial analysis to support internal and external audit requirements. Support finance projects, system enhancements, and other assignments as directed by management.

Who We Are Looking For

Experience in the insurance industry with a solid understanding of insurance accounting, Accounts Payable, and Accounts Receivable. Proven experience in payment processing, balance sheet reconciliations, and month‑end closing within a high‑volume, operational finance environment. Strong analytical and problem‑solving skills, with a keen eye for detail and a continuous improvement mindset. Highly motivated, delivery‑focused, and able to work independently while meeting tight deadlines. Proficiency in financial systems; experience with Oracle Fusion is preferred. Ability to perform effectively in a fast‑paced environment and manage competing priorities under pressure. Strong interpersonal and communication skills, enabling effective collaboration across functions. Self‑driven, detail‑oriented, and committed to delivering accurate, high‑quality financial outcomes.

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