Senior Executive, Accounts Receivable

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.

This role is responsible for:
- Prepare billing to business units for services provided.
- Monitor collections.
- Prepare and post journals on recharge and collections into Oracle.
- Intercompany reporting and reconciliation.
- Perform bank reconciliation of receipts.

Key Responsibilities

1. Prepare billing to business units and ensure:

• Billing amount is accurate.

• Billing invoice is released to business unit within agreed timeline.

• Perform reconciliation to ensure all actual cost are recovered and in compliance with transfer pricing policies and guideline.

• Attend and resolve business units queries on billing of your ownership.

2. Prepare and post journals for recharge and collection into Oracle.

• Ensure accounting entries input into Oracle within agreed dateline accurately.

3. Intercompany balance

• Prepare Intercompany Statement of Accounts /Ageing report on timely basis.

• Monitor collection to ensure ageing within 60days. Closely follow-up with business unit or business owner to ensure queries are resolve promptly.

• Perform intercompany reporting. Closely monitor and follow up to ensure obtaining sign off from Head of Fin Ops and business unit within stipulated timeline.

4. Perform bank reconciliation of receipts within agreed timeline.

5. Maintain proper filing of records on timeliness basis. Provide records on billing and collection if required for audit or regulatory purpose.

6. Ad Hoc: to provide analysis, reports, and support to the internal management to ensure a smooth operation.

Minimum Job Requirement

Qualification

1. Bachelor or Degree in finance, accounting, or a related field.

2. Internationally recognized accounting qualification (ACCA, CPA, ICAEW, etc.) or working towards designation will be an added advantage.

Relevant Experience

At least 4 - 5 years experience in related field

Other requirements

1. Eye for details, and strict in enforcing required controls and policies.

2. Good understanding in financial accounting principles and bookkeeping

3. Organized and prioritization skill. Ability to complete work on schedule.

4. Able to work independently.

5.Good team player with interpersonal communication skill.

6.Experience with Oracle is an added advantage.

7. Preferably Chinese candidate, with the ability to read and communicate effectively in Mandarin.

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.