Manager, Financial Reporting 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 Business Unit Finance areas, Alternative Asset Group (AAG), PGIM Controllers/Businesses, Investment Operations teams and other corporate areas.

The Manager position will assume a leadership role on the Financial Reporting team with management responsibility for various subsidiary financial statements, disclosures and regulatory filings.  This position will provide the candidate exposure to the company’s International, PGIM and C&O businesses, Asset Liability Management group, Alternative Assets team, as well as GAAP SEC financial reporting requirements. This position will be located in Newark.

The responsibilities of this position will include:

• Manage the coordination and preparation of various domestic and international subsidiaries (investment and operational in nature), financial statements and disclosures, legal entity financial statement driver analysis, while ensuring the control, timeliness and accuracy of the financial statements


• Manage the preparation, review and analysis of reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements


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


• Manage the coordination, preparation and completion of stand-alone audited financial statements and footnote preparation, including collaboration with various external auditors and several internal support teams which are filed with the SVO, domestic and international regulators, and banks.


• Participate in cross-BU/functional area projects in the structuring and implementation of new investment subsidiaries


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


• Continuously identify efficiencies and improve effectiveness by determining best practices


• Lead and develop staff


• Support quarterly/annual audits by internal auditors, as well as, independent external auditors


• Ensure adequacy of internal controls over financial reporting and compliance with Sarbanes-Oxley requirements


• Participate or lead special projects, initiatives, ad-hoc reporting and analysis requests

Qualifications:

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


• 5 - 7 years of financial reporting and analysis experience


• Knowledge of GAAP accounting principles  


• Ability to manage multiple responsibilities under challenging time frames


• Strong analytical and problem-solving skills


• Ability to collaborate and partner on various assignments


• Self-motivated, proactive, detailed oriented


• Proficient in Microsoft Excel


• Investment accounting or reporting experience a plus


• Experience with Prudential Financial systems a plus (Oracle, Essbase, GAAP Supplementals, Workiva)


• Excellent oral and written communication skills


• Ability to work overtime during peak periods

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.