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Associate Manager, Financial Reporting

Company: Prudential
Location: Newark
Posted on: June 12, 2021

Job Description:

Who We Are:

Prudential Financial, Inc. (PFI) is a multi-national financial services leader with operations in the United States, Asia, Europe, and Latin America. For more than 140 years, PFI has helped individual and institutional customers to grow and protect their wealth. Our purpose is to make lives better by solving the financial challenges of our changing world. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, and asset management services.

Our Global Finance Community consists of nearly 2,000 associates in 14 countries. Together, each of us plays an important role in helping to achieve our vision: to be the preeminent Finance team in the financial services industry.

Your Team:

As part of the Corporate Controllers Department, the Finance Shared Services organization is responsible for the controllership activities in support of the U.S. business units, Newark-based international entities and select international locations. The Financial Reporting team supports GAAP and Statutory reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, external reporting for Separate Accounts and internal and external audit support. The team partners with Business Unit Finance and Operations areas, Actuarial, as well as, other corporate areas.

Your Role:

The Associate Manager position will support the Financial Reporting team with responsibility for various subsidiary financial statements, disclosures and regulatory filings. This position will provide the candidate exposure to the company's insurance businesses, specifically Retirement, Group Insurance and Long-Term Care products as well as STAT and GAAP SEC financial reporting requirements. This position will be located in Newark and/or Hartford.

The responsibilities of this position will include:

  • Preparation of various subsidiary financial statements and disclosures, legal entity financial statement analysis, while ensuring the control, timeliness and accuracy of the financial statements
  • Preparation and analysis and review of reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements
  • Partner with Business Unit Finance areas, Corporate GAAP and STAT areas and other various internal business partners on accounting and reporting matters
  • Support the implementation of new or updated accounting guidance and regulatory requirements
  • Continuously identify efficiencies and process improvements to drive effectiveness and consistency
  • Maintain internal control standards to ensure compliance with Enterprise Accounting Policies and Procedures
  • Support special projects, initiatives and ad-hoc report and analysis requests
  • Responsible for maintenance of standard operating procedures
  • Ability to work overtime during peak periods

Your Expertise:

What we are looking for in your background

What you'll need to succeed:

  • Bachelor's or Graduate degree in Accounting or Finance
  • 4 - 6 years of financial reporting and analysis experience
  • Strong understanding of GAAP and/or Statutory accounting principles and reporting preferred
  • Ability to manage multiple responsibilities under challenging time frames
  • Strong organizational, analytical and problem-solving skills
  • Strong interpersonal, collaborative and partnering skills
  • Self-motivated, proactive, detail oriented while maintaining a big picture perspective
  • Excellent verbal and written communication skills to interact with all staff levels
  • Strong Microsoft Excel skills

It'd be a plus if you have:

  • Advanced degree or designation (MBA, CPA) or pursuit towards
  • Insurance and/or Investment experience a plus
  • Experience with Prudential Financial systems a plus (Oracle, Essbase, Supplementals & Workiva)
  • 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 call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

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

Keywords: Prudential, Newark , Associate Manager, Financial Reporting, Other , Newark, New Jersey

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