Manager, Expense Management

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 incumbent will assist the Head of Financial Management & Analytics in overseeing financial management and control tasks. Major duties include supervising the Accounts Payable Team, reviewing daily journal entries, and conducting month-end closing activities for expense accounts. Furthermore, the role encompasses analyzing expense data, deploying innovative technology solutions, and working closely with other finance departments to ensure accurate and timely expense reporting.

PRINCIPAL DUTIES & RESPONSIBILITIES:

• Managing the Account Payable Team (Supplier).
• Executed payment in a timely manner and accurately as per KPI and in compliance with service levels, company policies, procedures and controls.
• Ensure all payments queries by business partner(s) and vendor are attended promptly and communications are handled professionally.
• Monitor outstanding invoices payable, track status and manage internal and external vendor expectations.
• Identify improvement opportunities to maintain and improve the team's payment processes.
• Coordinate with the team members to identify root causes and work on payment related.
• Review daily journals posting, accruals / provisions, expense allocation & accounting information relating to expenses & fixed asset.
• Perform month end closing activities related to expenses accounts.
• Work closely with other finance team within the organization for monthly closing schedule and ensures expenses is closed on a timely basis.
• Analyze expense data and identify trends, issues, and opportunities for improvement.
• Extract and prepare monthly expense related reports and provide commentary and insights on the expense.
• Implement innovative technology solutions and best practices to streamline expense reporting and consolidation processes, ensuring timely and accurate reporting.
• Collaborate with other finance functions and stakeholders to ensure accuracy and timeliness of expense reporting and payments.
• Manage the company's year-end management expense accruals.
• Perform annual review / update on Standard Operating Procedures (SOPs).
• Support team member ensuring high level of service are provided to stakeholder.
• Liaise with Internal / external auditors to ensure all supporting are provided for the audit.
• Handle special / ad hoc projects as assigned.

JOB REQUIREMENTS

• Bachelor's degree in accounting, finance, or related field.
• A minimum of 7-9 years of experience in auditing, finance, or accounting, specifically within the insurance sector, preferably in a high-volume processing environment.
• Proficient in a computerized accounting environment, with advanced knowledge of personal computer software including Microsoft Word, Excel, PowerPoint, and data other analysis tools such as Power Query and Alteryx.
• Good understanding of end-to-end P2P process and controls.
• Strong communication, analytical, and problem-solving skills.
• Attention to detail and ability to work under pressure and meet deadlines.
• Ability to work independently and hands-on personally.
• High level of integrity, takes accountability of work and good attitude over teamwork.
• Demonstrates proactive efforts to enhance existing conditions and exhibits adaptability in accepting new changes.

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.