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Financial Reporting Specialist

Employer
Prudential plc
Location
Singapore, Singapore
Salary
Competitive
Closing date
Sep 19, 2024
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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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.

In this role, you will report to the financial reporting lead to ensure the success of operation and production of IFRS compliant reporting. You will also involve in the testing of any system changes, and opportunity to continue to support the modernisation project across other entities within Prudential.

Job Description:

Technical & Financial
  • Involve in the monthly IFRS17 reporting to ensure inputs to the IFRS17 solution are correct and timely
  • Involve in the analysis of business results and outputs from the reporting systems, especially in the quarterly group reporting
  • Prepare documents and walkthrough the process with auditors in terms of the IFRS17 review
  • Involve in system enhancements which cover documentation, testing and rectification
  • Coordinate IFRS17 related audit requests from various stakeholders
  • Any other non-IFRS17 relating reporting works could be assigned to you
  • Involve in system testing on any enhancement done to the reporting system
  • Opportunity to support other Prudential entities on similar works after end of the system enhancements

Who we are looking for:

Competencies & Personal Traits
  • Sound knowledge on Financial Reporting Standards on insurance contracts, financial knowledge, and understand how to tackle IFRS 17 issues and provide solutions
  • Experience in day to day reporting and operation matters, and have an overview of the Finance operations and reporting structure in Life insurance industry
  • Experience in dealing with auditors
  • Detailed, meticulous, resilient and strong analytics skills
  • Involve in system testing on any enhancement done to the reporting system
  • Opportunity to support other Prudential entities on similar works after end of the system enhancements

Working Experience
  • Min 5 years of experience in financial accounting and analysis, IFRS 17 projects or auditing
  • Experience and major involvement in IFRS17 related works in a life insurance company

Professional Qualifications
  • CA/CPA/ACCA

Educationg
  • Degree in Accountancy or recognised accounting

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.

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