Financial Reporting Specialist

2 months ago

Newark, United States Prudential Financial, Inc. Full time
Job Classification:
Finance & Accounting - Finance & Accounting

As part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Shared Services (FSS) organization is looking for a Financial Reporting Specialist. Tihis group is responsible for the controllership activities in support of the U.S. business units, including the International activities performed domestically.

The Accounting & Analysis team is a multi-site team co-located in Hartford and Newark. They support monthly, quarterly and annual close processes covering GAAP and STAT, including reconciliations and analysis of balance sheet and income statement drivers such as product accounting, actuarial drivers, reinsurance and intercompany.

The team provides subject matter expertise around accounting and GL structures to our business and corporate partners on new initiatives, strategies or accounting requirements. The role will support several businesses within the PGIM business including real estate, fixed income, private placement loans, mortgages, Global Partners and Prudential Investments.

The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:
  • Partner with Business Unit and Corporate areas in support of monthly, quarterly and annual general ledger close cycles
  • Provide support across the Accounting and Analysis team in support of various asset management business unit general ledger close activities, including analysis of BU results
  • Perform monthly, quarterly and annual close activities including preparing journal entries, reconciliations and supporting analysis for various balance sheet and income statement drivers
  • Identify, research and resolve notable variances and unreconciled items related to close responsibilities
  • Collaborate closely across FSS in support of Financial Reporting requirements, subsidiary financial statements and analysis
  • Support quarterly/annual internal and external audit requirements
  • Continuously identify process efficiencies and improve effectiveness
  • Assist in special projects, initiatives and ad-hoc report and analysis requests


What you'll need:
  • Bachelor's or Graduate degree in Accounting or Finance
  • 2-5 years of financial reporting experience or related field
  • Knowledge of GAAP and STAT accounting principles
  • Highly motivated and creative problem solver; strategic thinker
  • Highly motivated, proactive, detail oriented
  • Strong Microsoft Excel skills
  • Excellent oral and written communication skills
  • Ability to work overtime during peak periods


It'd be a plus if you had:
  • CPA or MBA
  • Foreign currency experience
  • Knowledge of asset management industry
  • Experience with Prudential Financial Systems (Oracle, Essbase etc)


At Prudential, you can:

We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:
  • Market competitive base salaries, with a yearly bonus potential at every level
  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave
  • Retirement plans:
  • 401(k) plan with company match (up to 4%)
  • Company-funded pension plan
  • Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
  • Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.


To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

#LI-HYBRID

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $71,100.00 to $105,900.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

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