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Manager, Financial Reporting

AT Prudential Financial
Prudential Financial

Manager, Financial Reporting

Newark, NJ

Job Classification:
Finance & Accounting - Finance & Accounting

Job Description

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!

Are you a highly motivated, proactive, detailed oriented individual? Are you a strong collaborator who also has strong partnering skills?

The External Reporting - Insurance Reporting team has an opportunity for a Manager to join their team. The External Reporting - Insurance Reporting team, within the Corporate Controllers Department, supports GAAP and Statutory financial 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.

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The Manager will assume a leadership role on the team with management 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 GAAP SEC financial reporting requirements.

The current employee work arrangement 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:

  • Manage the coordination and preparation of various subsidiary financial statements and disclosures, legal entity financial statement analysis, while ensuring the control, timeliness and accuracy of the financial statements
  • Manage the preparation, review and analysis of reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements
  • Manage the coordination, preparation and completion of stand-alone audited financial statements and footnote preparation, including collaboration with various external auditors and Business Units, which are filed with regulators and/or used for client purposes
  • Partner with Business Unit Finance areas, Corporate areas and other internal business partners on accounting and reporting matters
  • Manage the coordination, preparation and review of various surveys and regulatory filing submissions for various federal agencies/departments
  • Support the implementation of new accounting standards and quarterly/annual audits by Internal Auditors, as well as, Independent External Auditors
  • Continuously identify efficiencies and improve effectiveness by determining best practices
  • Ensure adequacy of internal controls over financial reporting and compliance with Enterprise Accounting Policies and Procedures
  • Support special projects, initiatives and ad-hoc report and analysis requests

What you'll need:

  • Bachelor's or Graduate degree in Accounting or Finance
  • 5 - 7 years of financial reporting and analysis experience
  • Knowledge of GAAP accounting principles
  • Ability to manage multiple responsibilities under challenging time frames
  • Strong organizational, analytical and problem-solving skills
  • Strong Microsoft Excel skills
  • Excellent oral and written communication skills
  • Ability to work overtime during peak periods

It'd be a plus if you had:

  • Advanced degree or designation (MBA, CPA) or pursuit towards
  • Insurance and/or Investment experience
  • Knowledge of Statutory accounting principles
  • Experience with Prudential Financial systems a plus (Oracle, Essbase, Supplemental System, and Workiva applications)

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:

Take charge of your career. People who have successfully developed their skills in this role have gone on to be promoted within financial reporting or taken on leadership responsibilities across finance.

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.

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 $118,700.00 to $176,600.00. 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.

Client-provided location(s): Newark, NJ, USA
Job ID: Prudential-R-120683
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • FSA With Employer Contribution
    • HSA
    • HSA With Employer Contribution
    • Health Insurance
  • Parental Benefits

    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Adoption Assistance Program
    • Family Support Resources
  • Vacation and Time Off

    • Paid Holidays
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Pension
    • Stock Purchase Program