drjobs Finance Operations Specialist

Finance Operations Specialist

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1 Vacancy
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Job Location drjobs

Singapore - Singapore

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Prudentials 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 peoples career ambitions. We pledge to make Prudential a place where you can Connect Grow and Succeed.

The Finance Operations Executive is part of the Treasury & Disbursement team responsible for the full spectrum of disbursement month-end close and reconciliation activities. This includes daily payment processing of Insurance commission and expense payout investment bank transfers reconciliations and process improvement initiatives. The role ensures operational efficiency accuracy and compliance with statutory regulatory and internal policy requirements while managing large transaction and data volumes under tight deadlines. Reporting to the Lead Finance Operations the Executive also plays a key role in risk control system enhancements process improvements and cross-department collaboration proactively resolving issues to deliver timely and accurate financial operations in a fast-paced environment.

Job Summary


The Finance Operations Executive is part of the Treasury & Disbursement team responsible for the full spectrum of disbursement month-end close and reconciliation activities. This includes daily payment processing of Insurance commission and expense payout investment bank transfers reconciliations and process improvement initiatives. The role ensures operational efficiency accuracy and compliance with statutory regulatory and internal policy requirements while managing large transaction and data volumes under tight deadlines. Reporting to the Lead Finance Operations the Executive also plays a key role in risk control system enhancements process improvements and cross-department collaboration proactively resolving issues to deliver timely and accurate financial operations in a fast-paced environment.

Key Responsibilities

  • Process daily payments for insurance-related payout vendors staff reimbursements commissions incentives and investment bank transfers ensuring accuracy timeliness and compliance.
  • Perform various reconciliations (e.g. bank reconciliation balance sheet interfund and inter-company) and investigate variances promptly.
  • Perform month-end closing activities including accruals provisions (e.g. Premium Claims NBP) fixed asset accounting and expense allocations.
  • Monitor maintain and troubleshoot finance systems (e.g. Oracle Anaplan) resolving internal customer enquiries on system or report issues.
  • Identify process gaps and inefficiencies recommending and implementing improvements to strengthen controls and streamline workflows.
  • Prepare ad-hoc schedules provide audit samples and conduct financial analyses as required.
  • Escalate and propose remediation for potential processing risks.
  • Support projects system enhancements and any other assignments from management.

Who We Are Looking For

  • Background in the insurance industry with a strong understanding of insurance accounting.
  • Experience in payment processing reconciliations and month-end closing in a high-volume environment.
  • Strong analytical and problem-solving skills with a focus on accuracy and process improvement.
  • High personal levels of motivation and delivery orientated focus
  • Proficiency in financial systems (Oracle Fusion experience preferred).
  • Ability to work under pressure in a fast-paced environment and meet tight deadlines.
  • Excellent interpersonal and communication skills for effective cross-functional collaboration.
  • Self-motivated detail-oriented and committed to delivering high-quality outputs.

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.


Required Experience:

IC

Employment Type

Full-Time

Company Industry

About Company

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