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!
The External Reporting - Investment Reporting team maintains a dual reporting role to both ALM senior management and Corporate Controllers and is responsible for preparing and analyzing financial results for the investment portfolio of PFI and its subsidiaries. Among its many responsibilities, the Group completes the quarterly/ annual GAAP investment disclosures in external filings such as the investment footnotes (PFI and stand-alone entities), General Account statement of cash flows, Management's Discussion and Analysis (MD&A), and Quarterly Financial Supplement (QFS). The Group also prepares investment disclosures for Statutory filings. In addition to reporting for external constituents, the Group contributes to several management reporting packages including the investment results review, earnings call preparedness materials, and Investment Committee exhibits and provides other investment-related support to various Corporate areas and Business partners. In doing so, the Group is able to interact and collaborate with colleagues within the department and across the organization.
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What you can expect:
The Financial Reporting Specialist would primarily be responsible for executing assigned tasks and may have ownership of reporting processes and outputs as well as supervise junior team members (located offshore). The successful candidate will be expected to produce timely, accurate and reliable financial information and enhance their understanding of investment accounting and reporting. This role requires utilizing financial applications (Enterprise Financial Data Warehouse (EFDW), Essbase, GAAP Supplementals, Workiva) to generate investment data in the preparation and/or review of the team's deliverables including:
- GAAP investment disclosures for SEC filings (footnotes and XBRL tagging)
- GAAP investment cash flow and off-balance sheet reporting
- Investment portfolio analysis for business partners and various Senior Management and Committee packages
- 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
- Identification and implementation of process enhancements and efficiencies
What you'll need:
- Bachelor's degree in Accounting or Finance
- 1+ years relevant work experience; experience in financial services a plus
- Self-motivated and proactive; highly organized, conscientious and detail-oriented
- Demonstrated analytical, conceptual and critical thinking and problem-solving skills
- Excellent verbal and written communication skills
- Strong interpersonal skills, capable of working collaboratively to accomplish shared objectives
- Supervisory experience or demonstrated leadership abilities a plus
- Able to effectively prioritize and manage a complex workload in a dynamic, deadline-driven environment
- Proficient with Microsoft Office applications (Excel, PowerPoint)
- Experience with financial reporting applications (Oracle general ledger, EFDW, Essbase)
- Experience with Workiva and XBRL tagging a plus
- Knowledge of technical GAAP accounting principles and reporting requirements a plus
- Knowledge of investment products a plus
- Flexibility to work overtime as required during peak reporting cycles
It's be a plus if you had:
- Experience in financial services
- Knowledge of technical accounting principles and reporting requirements (SSAP and GAAP)
- Knowledge of investment products
- Experience with Prudential Financial systems (Oracle, Essbase, GAAP Supplementals & Financial Statements applications)
- Supervisory experience or demonstrated leadership abilities
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
What we offer you:
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 $72,900.00 to $108,600.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
- 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.
- 401(k) plan with company match (up to 4%).
- Company-funded pension plan.
- Wellness Programsincluding 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.
- Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
- 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.
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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
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.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.