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!
As part of the Corporate Controllers Department and the Finance & Actuarial Community (FAC) of PFI, the External Reporting Team's subsidiary reporting area is responsible for the controllership activities in support of the U.S. business units, domestically based investment & operating international entities, as well as PFI's domestic Employee Benefit Plans. The team supports GAAP reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, economic surveys, and internal / external audit support. The team partners with various Business Unit Finance areas, individual PGIM Businesses, Investment Operations, and other corporate areas such as Tax, Treasurers & Law.
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The Financial Reporting Specialist will support the execution of various subsidiary financial statements, disclosures, and regulatory filings, while gaining exposure to the company's investment and operating entities owned by various businesses, as well as GAAP 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 reporting disclosures, legal entity financial statement driver analysis, while ensuring the control, timeliness, and accuracy of the financial statements
- Preparation of quarterly analysis and reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements
- Partner with various Business Unit Finance teams, corporate areas and other internal business partners on accounting and reporting matters
- Preparation of stand-alone audited financial statements and footnote preparation (including collaboration with external auditors and several internal support teams) which are filed with domestic and international regulators, and/or used for business unit purposes
- Assist with the implementation of new or updated GAAP accounting guidance
- Support annual PFI-wide audits by internal or external auditors
- Maintain internal controls over financial reporting and compliance with Sarbanes-Oxley requirements
- Continuously identify efficiencies and improve effectiveness by determining best practices
- Support special projects, initiatives, ad-hoc reporting, and analysis requests
What you'll need:
- Bachelor's or Graduate degree in Accounting or Finance (CPA or MBA a plus)
- 3 - 5 years of financial reporting and analysis experience
- Investment accounting, reporting experience and knowledge of GAAP accounting principles
- Strong research, analytical, problem-solving and communication (written and verbal) skills
- Ability to manage multiple responsibilities and effectively prioritize workload within tight deadlines in a fast-paced environment
- Proficient in Microsoft Excel (macros, pivot tables, lookups)
- Ability to build collaborative relationships and partner on various assignments
- Experience with Prudential Financial systems (Oracle, Essbase and Workiva)
Overtime expected during peak reporting periods and must have the flexibility to work hours that accommodate U.S. offices
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
At Prudential, you can:
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 such as 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:
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.