Senior Manager, Expenses TEV FP&A

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.

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 modernised-particularly how we help the Group Executive Committee and senior leadership understand and manage the Group's expense base through consistent, timely and actionable insight.

An Enterprise Expense Management workstream within the Future Finance Programme is accelerating the build‑out and improvement of our data, processes, operating model, reporting, insight and business‑partnering 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, well‑controlled 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 KL‑based 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 High‑Quality 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 high‑quality 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 cross‑framework 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 follow‑ups.
• 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 management‑ready.
• 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 last‑minute 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 :

• Bachelor's degree in finance, Accounting, Business Administration or related field. Professional qualification (e.g., ACCA/CPA/CMA) and/or MBA is an advantage.
• 6-10 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 senior‑level 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.