Senior Manager, Expenses TEV FP&A
Kuala Lumpur - Malaysia
Job Summary
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.
Organisation Context:
Prudential is building a sustainable growth platform across 20 markets in Asia and Africa by improving our organisational model and technology platforms. To support this ambition Finance is being modernisedparticularly how we help the Group Executive Committee and senior leadership understand and manage the Groups expense base through consistent timely and actionable insight.
An Enterprise Expense Management workstream within the Future Finance Programme is accelerating the buildout and improvement of our data processes operating model reporting insight and businesspartnering capabilities.
Role Purpose:
The Senior Manager Expenses TEV FP&A assigned components of the Traditional Embedded Value (TEV) reporting and analytical processes and acts as a key partner to the Senior Group Manager. The role independently manages TEV deliverables across Actuals Rebase Forecast Flash and Business Plan cycles ensuring outputs are robust wellcontrolled and aligned with Group FP&A standards.
The role requires strong analytical capability ownership mindset and the ability to collaborate confidently with Regional Country Performance Office (RCPO) Financial Performance Management (FPM) the Expense Data & Process team and KLbased Value Creation Centre (VCC) resources. The Senior Manager must be able to operate with limited supervision proactively identify issues and drive solutions that improve reporting quality integration and efficiency.
Key Capabilities Accountabilities
Support in Driving HighQuality Expenses TEV BAU Reporting & Insight Delivery
- Own and deliver specific expenses TEV reporting workstreams (e.g. cost categories markets) ensuring accuracy timeliness and clear analytical output.
- Produce highquality variance analysis and commentary with minimal rework able to explain drivers anomalies and implications.
- Engage directly with RCPOs LBUs and FPM teams to validate inputs clarify drivers and ensure consistency of submissions.
- Strengthen expenses TEV reporting by enhancing templates analytical routines and insights incorporated into decks.
- Contribute thought leadership on how to better structure TEV analysis for senior decision makers.
Support in Driving Integration Across expenses TEV & Gross Cost Structures
- Build strong functional understanding of how expenses TEV results connect into IFRS17 and OFSG frameworks and ensure consistency across reporting layers.
- Support integration of Gross Cost results into expenses TEV outputs ensuring the full cost build up is accurate consistent and clearly traceable.
- Identify integration gaps data issues or methodology inconsistencies and proactively propose solutions.
- Support crossframework documentation and contribute to developing unified definitions and standards.
Support in Driving Expenses TEV Reporting Enablement Data Quality & Process Improvement
- Strengthening data/ process controls in assigned workstreams reducing dependency on manual intervention.
- Lead simplification initiatives such as template streamlining automated checks workflow improvements or dashboard enablement.
- Maintain high governance standards proper documentation audit trail change control and assumption logs.
- Partner with Expense Data & Process teams to define business requirements and test enhancements.
Stakeholder Leadership Collaboration & FP&A Operating Rhythm
- Represent the expenses TEV FP&A team in discussions with RCPOs and LBUs to resolve issues challenge assumptions and align outputs.
- Manage parts of the submission calendar ensuring clear expectations timelines and followups.
- Escalate risks early while also providing solution paths.
- Contribute to a culture of transparency accountability and continuous improvement.
- Act as a role model of Prudential values and collaborative working.
Performance measures
- Assigned deliverables consistently accurate complete and managementready.
- Clear insightful analysis demonstrates strong business understanding.
- Positive stakeholder feedback from RCPO/ FPM/ Group Finance partners.
- Strong integrity and explainability of assigned integration areas.
- Early identification and proactive resolution of issues.
- Improved consistency across reporting views.
- Reduction in manual adjustments offline files or recurring issues.
- Demonstrated operational improvements and efficiency gains.
- Well maintained documentation and higher readiness for audit or management review.
- Smooth coordination of workstreams and predictable delivery.
- Strong stakeholder relationships and confidence in outputs.
- Fewer lastminute escalations due to proactive management.
Leadership Capabilities - Required Level for this role: Mastery; Advanced; Intermediate; Foundational
- Strategic & Commercial Acumen - Intermediate
- Leading Innovation & Change - Advanced
- Customer Centricity - Intermediate
- Integrity - Intermediate
- Growing Talent - Intermediate
- Working Together - Advanced
- Execution Excellence - Advanced
Candidate Specifications :
- Bachelors degree in finance Accounting Business Administration or related field. Professional qualification (e.g. ACCA/CPA/CMA) and/or MBA is an advantage.
- 610 years of experience in FP&A analysis or expense management ideally in financial services/insurance.
- Demonstrated ownership of reporting and planning deliverables (Actuals / Forecasts / Plans) with seniorlevel stakeholder exposure.
- Strong analytical capability able to interpret complex datasets and translate them into meaningful insights.
- Advanced Excel; working knowledge of data visualisation tools (Power BI / Tableau) preferred.
- Strong understanding of financial reporting frameworks (TEV management reporting; IFRS17/OFSG experience advantageous).
- Experience improving processes implementing automation or strengthening controls.
- Strong communicator confident in interacting directly with senior stakeholders (RCPOs LBUs Group Finance).
- Can operate independently with limited supervision and strong accountability mindset.
- Experience in transformation or working in complex matrix environments is an advantage.
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:
Senior Manager
About Company
พรูเด็นเชียล ประกันชีวิต (ประเทศไทย) มุ่งมั่นที่จะช่วยให้คุณก้าวหน้าในชีวิต โดยเราให้ความใส่ใจอย่างเต็มที่เพื่อการบริการที่เป็นเลิศแก่คุณ ค้นหาวิธีที่เราจะสามารถช่วยเหลือคุณได้ที่นี่ ... View more