Job Classification:
Finance & Accounting - Finance & Accounting
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!
Prudential is a company built on the idea of inclusion and united by a common purpose: we make lives better by solving the financial challenges of our changing world. We will deliver on that purpose by expanding access to financial services and solutions. Inclusive growth will enable us to improve the financial stability of more people in more places to help deliver business results for the company. Successful fulfillment of this vision requires operating at the intersection of business and society.
As part of the Corporate Controllers Department, the External Financial Reporting Team is responsible for the controllership activities in support of the U.S. business units, Newark-based international entities and select international locations. The External Financial Reporting Team supports GAAP and Statutory reporting across multiple legal entities, including subsidiary and separate account financial statements, disclosures, analysis, various regulatory filing submissions, and internal and external audit support. The team partners with Business Unit Finance and Operations areas, Actuarial, as well as other corporate areas.
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.
The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
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
What you’ll need:
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; 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 had:
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)
At Prudential, you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.
We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.
What we offer you:
Market competitive base salaries, with a yearly bonus potential at every level
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave
Retirement plans:
401(k) plan with 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 and mental health, and career development.
Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
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 $90,100.00 to $134,100.00. 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.