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PBTB | Executive, Finance

Employer
Prudential plc
Location
Kuala Lumpur, Malaysia
Salary
Competitive
Closing date
Oct 28, 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.

The candidate would be expected to provide overall support over the Company's expenses management processes, including maintenance of key systems and processes surrounding expenses management. The incumbent is expected to have strong experience in finance operations, with good knowledge of controls and procedures for expenses management - key controls over the expenses management processes would be required to be established / maintained.

1. Management of expenses cycle
  • To ensure all the payment transactions being captured in cashbook correctly and filling all document.
  • Review of intercompany recharge and reconciliation including outsourcing analysis as well as ensure timely settlement of intercompany balances.
  • Issuance of payment within turnaround time (TAT) as stipulated in the Management Expense Policies and Procedures
  • Perform month end closing and generate monthly Cost Centre Report to respective division by 15th subsequent to month end commentary.
  • Prepare provision/adjustment for monthly expenses, Interco, and others relevant items.
  • Examination on staff claims reimbursement on monthly basis to ensure submission of reimbursement report to Human Resource Division by the relevant cutoff date
  • To prepare all necessary documents for the regulatory body (i.e. auditor, LHDN, Custom etc).

2.Risk management and procedures
  • To support/assist supervisor of expenses management in establishing and/or maintaining risk management practices within the Finance Operations, in line with the various risk and compliance guidelines as released by the corresponding section in the Company.
  • Continuously support the team in process workflow improvement initiatives

3. General accounting
  • Raise journal vouchers for all expense's management related entries.

4. Perform reconciliation of sub ledger to general ledger.
  • These include expenses reconciliation.
  • Reconciling items are expected to be cleared on regular basis.
  • Maintain processes to ensure that processes surrounding sub ledgers are appropriate for proper transfer into the general ledger.

5.Provide support for various projects which requires involvement of expenses management, including but not limited to development of new products and change of business rules.
  • Assists to performing User Acceptance Test on the launch on the new products.
  • Assists in investigate and/or follow up on issues raise noted on the expense payment related system.

6.To support supervisor to cater monthly reporting and/or ad hoc queries raised by stakeholder.
  • Assists to provide monthly data/analysis that raised by stakeholder.
  • Assists to perform checking and verification on ad hoc queries raised by stakeholder.

7. Other ad-hoc activities deemed necessary to support Finance functions.
  • As and when required, the candidate may be required to provide support to other functions within the Finance division. Such requests would be initially assessed for its appropriateness by the management and would be of a nature such that no unreasonable demands are made of the candidate, and with expectations that is reasonable given the circumstances.

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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