PGIM Finance - Manager, Strategic Finance and P&A (Hybrid/ Newark, NJ) at Prudential Ins Co of America in Newark, New Jersey

Job Description:

Job Classification:

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! 

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can! 

What you will do

As a Manager, PGIM Strategic Finance and P&A, you will part of the Finance team supporting PGIM Investments, the retail investment solutions business of PGIM.

In this role, you will support senior management and other business partners in advising on global strategic initiatives, measuring, and evaluating the financial performance of the business, forecasting earnings generation capacity under various scenarios, assisting with the budgeting process, and assessing the potential impact of opportunities and risks.

Additionally, you will have direct management oversight of a team of 1-2 professional and will be responsible for the success of the broader team.

Are you a highly motivated and a team-oriented leader who thrive in a fast-paced environment? As a Manager, PGIM Strategic Finance P&A, you will relish opportunities that include visible roles in high profile initiatives, shifting priorities as necessary to meet the organization’s needs.

In this role capacity, you will manage multiple priorities simultaneously and strive to make continuous improvements.

This position is based in our office Newark, NJ.  Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

What you can expect

• Manage, mentor, develop, and guide a team responsible for developing financial statement forecasts of PGIM Investment’s core business, strategic initiatives, and product investments.




• Lead and originate insightful analytics, supporting CFO and business senior executive leadership team, including scenario analysis, model development, and key business driver analysis.




• Serve as a trusted and reliable finance partner to key business contacts and collaborate on strategic initiatives, including investment product build-out and the global expansion of the business.




• Act as the liaison between other PGIM finance teams and ensure all team deliverables are completed accurately and meeting deadlines.




• Prepare analysis packages for senior management discussions on multi-year forecasts, strategic initiatives, and opportunities to improve financial performance.




• Assist in the review of the balance sheet to ensure legal entities are appropriately capitalized under Prudential’s capital framework, and recommend capital actions as needed.




• Support annual benchmarking studies and other competitive analysis.




• Develop profitability analysis by product and distribution channel.




• Proven ability to analyze data and the underlying drivers of financial results.




• Assist in business specific projects as needed.




• Present forecast results and ad hoc analytics to PGIM Investments executive leadership team and other key stakeholders




• Lead the ongoing effort to modernize, automate, and streamline current processes.

Specific responsibilities for the position will vary over time based on business needs and other factors.

What you will bring

• Bachelor’s degree in finance, accounting or economics




• 4+ years of experience in P&A or similar finance type role




• Knowledge of capital markets and retail investment vehicles




• Easily establishes a rapport with other, builds effective business partnerships, strong executive presence.




• Experience leading and developing teams.




• Excellent oral/written communication and strong analytical skills




• Self-motivated and proactive, with an ability to manage multiple assignments and priorities.




• Advanced Excel and PowerPoint knowledge required.




• Requires a high ethical standard and ability to work with confidential information.

What will set you apart?

• Advanced degree or designation is a plus (MBA, CPA, or CFA)




• Strong knowledge of Prudential systems (ie: EFDW, FFB, Anaplan, Obero) preferred.

*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role. 

What we offer you

• Medical, dental, vision, life insurance and PTO (Paid Time Off)  




• Retirement plans: 

• 401(k) plan with generous 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 health, and career development. 




• Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations. 

To find out more about our Total Reward package, visit Total reward package brochure

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 $125,000 to $145,000 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. 

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.