Financial Reporting Specialist at Prudential Ins Co of America in Newark, New Jersey

Job Description:

Prudential Financial, Inc. (PFI) is a multi-national 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. For more information, please visit www.prudential.com.  

As part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Shared Services organization is responsible for the controllership activities in support of the U.S. business units including the International activities performed domestically.  The Financial Reporting team supports GAAP and Statutory reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, and internal and external audit support.  The team partners with Alternative Asset Group (AAG), Asset Liability Management Finance, C&O Finance, PII Controllers, Investment Operations teams and other corporate areas.   

The Financial Reporting Specialist 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 asset management businesses, as well as GAAP SEC financial reporting requirements. This position will be located in Newark.   

The responsibilities of this position will include: 

• Preparing analysis and reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements


• Partnering with Business Unit Finance teams, certain asset management areas, Corporate areas and other internal business partners on accounting and reporting matters


• Preparing stand-alone audited financial statements and footnotes (including collaboration with various external auditors and several internal support teams) which are filed with domestic regulators, and/or used for client purposes


• Coordinating reporting responsibilities with EXL associates


• Assisting with the implementation of new or updated GAAP accounting guidance


• Continuously identifying efficiencies and improve effectiveness by determining best practices


• Supporting quarterly/annual audits by Internal Auditors, as well as, Independent External Auditors


• Maintaining internal controls over financial reporting and compliance with Sarbanes-Oxley requirements


• Supporting special projects, initiatives, ad-hoc reporting and analysis requests

Qualifications:

• Bachelor’s or Graduate degree in Accounting or Finance (CPA or MBA a plus)


• 3 - 5 years of financial reporting and analysis experience 


• Knowledge of GAAP accounting principles


• Ability to manage multiple responsibilities under challenging time frames


• Strong organizational, analytical and problem solving skills


• Ability to collaborate and partner on various assignments


• Self-motivated, proactive, detail oriented


• Strong Microsoft Excel skills


• Investment accounting and financial reporting experience a plus


• Experience with Prudential Financial systems a plus (Oracle, Essbase, GAAP Supplementals & Financial Statements applications)


• Excellent oral and written communication skills


• Ability to work overtime during peak periods

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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.