IFRS17 Finance Manager

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.

Job Purpose

In May 2017, the International Accounting Standards Board published IFRS 17, a new accounting Standard that fundamentally changes the approach to insurance liability valuation. The Standard is effective on 1 January 2023 and adoption is required for both group and local reporting, in the majority of territories in which Prudential Group operates. IFRS 17 team is established at Prudential Vietnam to enable the company to report its financial position and financial performance to Regional Head Office following IFRS 17 standard.

The IFRS17 Finance Assistant Manager is responsible for supporting the delivery of IFRS 17 financial reporting, analysis, and forecasting processes. The role focuses on financial analysis (operating variance, investment results), ensuring data consistency across systems, and enhancing reporting processes in alignment with Group requirements. This role also contributes to maintaining high-quality financial insights and improving operational efficiency within the IFRS 17 reporting framework.

Job Responsibilities

Development of IFRS 17 operating variance analysis

• Develop and maintain IFRS 17 operating variance analysis (claims, expenses, and consolidated view), including consistency check with Embedded Value (EV) reports
• Perform trend analysis and investigation of abnormal movements, coordinating with Actuarial and Finance teams
• Prepare insightful management commentary for financial reports and disclosures
• Support preparation of quarterly reporting packs to Group

Production of Net Investment Result & Asset Movement Analysis

• Produce and validate Net investment results under IFRS 17
• Develop and enhance the process through structured investment asset movement reporting
• Collaborate closely with Finance operating team (Investment/Local accounting team) to ensure alignment and accuracy

Forecasting & Planning Support

• Actively contribute to quarterly forecast production within Finance scope:
  • Provide inputs on claims, expenses, and investment results
  • Analyze gap between actual vs forecast and explain drivers
• Coordinate with cross-functional teams (Actuarial, Finance Business Partner, Accounting) to ensure alignment of assumptions and outputs

Job Accountability /

This role is to ensure:

. Deliver accurate, timely, and insightful financial analysis

. Ensure quality and consistency of IFRS 17 reporting outputs

. Proactively support process improvements and standardization

. Collaborate effectively across Finance & Actuarial Department

Job Requirements / Yêu cầu

Qualifications

. At least with Bachelor degree in Accounting, Finance, or related field

. CPA/ACCA qualification is an advantage

Experience

. At least 5 years of experience in Finance/Accounting

. Prior experience with IFRS standards is an advantage

. Prior experience with Big 4 audit firms is an advantage

Knowledge and skill / Kiến thức v kỹ năng

. Critical thinking and problem-solving

. Proactive and continuous improvement mindset

. Strong ownership and accountability

. Effective collaboration across functions

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.