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

Job Description:

Job Classification:

Who we are:
For more than 140 years, Prudential Financial 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. 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.

To truly differentiate ourselves and compete to win, we must be better, bolder and faster. In alignment with the company’s future, our Finance associates need to be on the forefront of guiding Prudential’s growth, increasing the recognition of Prudential’s value, optimizing outcomes of regulatory reform and finally, advancing Finance Forward.

Who we look for:
We are seeking an ambitious Financial Reporting Specialist who is excellent in execution. As a member of the Investment Reporting & Analysis group within Asset & Liability Management (ALM) Finance, you are at the center of all investment-related external financial reporting. In this role, you will have opportunity to interface with several internal partners including Investment Operations, Accounting Policy, Investor Relations, SEC Reporting, BU Controllers, Finance Shared Services, Treasurers and the CIO Organization.

You will report to the Manager and partner in setting the team’s strategic direction and assisting in the overall running of the team’s operations.

Superior attention to detail, excellent organizational skills, and ability to effectively prioritize and manage a complex workload in a dynamic, deadline-driven environment are critical to success in this position.

• You are self-motivated and proactive.




• You are committed to personal growth and development.




• You are naturally curious with a willingness and desire to learn.




• You ask the right questions and explore the data to get to the best answer or solution.




• You are persistent in solving problems.

This role requires utilizing financial applications (Oracle general ledger, Enterprise Financial Data Warehouse (EFDW), Smartview, GAAP Supplementals) to generate investment data and oversee the completion and review of all aspects of the team’s processes and deliverables including, but not limited to:

• GAAP investment disclosures (footnotes and XBRL tagging, MD&A, QFS) for SEC filings (Form




• 10-Q and 10-K)




• eXtensible Business Reporting Language (XBRL) tags for interactive financial statement data for




• SEC filings




• Investment data for Investor Relations (earnings teleconference call materials)




• Investment portfolio analysis for business partners and Senior Management




• Information requests from the Chief Investment Officer Organization, Enterprise Risk Management and various other business partners (standard, ad-hoc)




• Coordination with control partners and external auditors during review processes




• Implementation of new investment related accounting guidance




• Identification and implementation of process enhancements and efficiencies

How you’ll bring your impact:
You will play a key role in ensuring the control, integrity and efficiency of financial reporting for the investment portfolio of Prudential and its subsidiaries:

• You will develop a solid understanding of the numbers and the why behind them.




• You will connect the dots across a wide-range of deliverables and know the interdependencies.




• You will be an effective collaborator to accomplish shared objectives with other business partners.




• You will lead and mentor junior team members (primarily offshore).




• You will ask how it can be done “better, bolder, faster” in order to identify and implement enhancements and efficiencies.

What you’ll need:

• Bachelor’s degree in Accounting or Finance




• 1 - 3+ years relevant work experience in an accounting/financial reporting role




• Demonstrated analytical, conceptual and critical thinking and problem-solving skills with an ability to apply good judgment




• Excellent verbal and written communication skills to interact with all levels of associates




• Proficiency in Microsoft Office applications (primarily Word and Excel)




• Experience with financial reporting applications (Oracle BI, Essbase)




• Knowledge of technical accounting principles and GAAP reporting requirements




• Flexibility to work overtime as required during peak reporting cycles (primarily January-April,




• July, October)

What’s nice to have:

• Advanced degree or designation (MBA, CPA) or pursuit towards




• Experience in the financial services industry




• Knowledge of investment products




• Experience with eXtensible Business Reporting Language (XBRL) tagging

#LI-KG1

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 $68,400.00 to $101,900.00. 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.