Associate Manager, Financial Reporting

    • Newark, NJ

Who We Are:

Prudential Financial, Inc. (PFI) is a multi-national financial services leader with operations in the United States, Asia, Europe, and Latin America. For more than 140 years, PFI 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. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, and asset management services.

Our Global Finance Community consists of nearly 2,000 associates in 14 countries. 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.

Your Team:

As part of the Corporate Controllers Department, the Finance Shared Services organization is responsible for the controllership activities in support of the U.S. business units, Newark-based international entities and select international locations. The Financial Reporting team supports GAAP and Statutory reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, external reporting for Separate Accounts and internal and external audit support. The team partners with Business Unit Finance and Operations areas, Actuarial, as well as, other corporate areas.

Your Role:

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 Life and Annuities products as well as STAT and GAAP SEC financial reporting requirements. This position will be located in Newark and/or Hartford.

The responsibilities of this position will include:

  • 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 of annual Subsidiary audited financial statements and disclosures, including collaboration with various external auditors and several internal support teams
  • Preparation and/or review of Subsidiary financial statements and analysis for regulatory or business management reporting
  • Preparation 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 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

Your Expertise:
What we are looking for in your background

What you'll need to succeed:

  • 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
  • Strong 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 have:
  • 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)

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