Assistant Manager, Finance Operations
Prudential
5 - 10 years
Bengaluru
Posted: 01/05/2025
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.
Legal Entity Control:
- Oversee financial accounting and managing its balance sheet and P&L accounts.
- Ensure timely and accurate record keeping on financial books of the Company.
- Prepare and review financial, regulatory, tax, and statutory deliverables.
- Ensure compliance with legal requirements.
Cost Management Support:
- Support the Cost management team by providing regular financial reports and insights, working together to analyse financial data to inform decision making.
- Identify opportunities to leverage financial model across LBUs.
Financial Control & Compliance:
- Implement and monitor robust and effective financial controls.
- Ensure adherence to anti-money laundering laws and other regulations.
- Prepare and review financial transactions.
Financial / Board Presentations:
- Assistant on the preparation of financial reports to Entity boards.
- Communicate financial performance, risks, and opportunities.
Month End Close Process:
- Perform the month-end close process. Own the completion and accuracy of month-end processes.
- Prepare and review journals, financial reports, reconciliations and other deliverables
- Compute intercompany recharges and billing, monitor intercompany transactions and billing. Ensure accurate recording and reconciliation.
- Maintain data accuracy in the financial data warehouse.
Cashflow, Forecast and Budget Deliverables:
- Prepare Cashflow forecast and monitoring of cashflow.
- Prepare Financial forecast and budget
- Collaborate with cost management teams for budgeting and forecasting.
Audits Compliance:
- Provide information as requested to Auditors.
- Plan, coordinate and preparation of external audit. Liaise with external auditor to ensure the Company financial statements and accounting matters with auditors been address and ensure timely finalization of audited accounts.
Tax Compliance
- Prepare and manage tax returns submission, e-invocing, reporting and filing to ensure timely and accurate filing of tax, VAT returns and any indirect tax matter
- Establish appropriate system or processes on tax for tax risk management of the Company
- Act as the key point of contact and support for our local and regional taxation matters. Manage external tax authorities and consultants locally and regionally
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.
About Company
Prudential is a global financial services company that offers life insurance, pensions, and asset management services. It serves individuals, businesses, and institutions, with a strong emphasis on providing financial security and long-term investment solutions to its customers.
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