Manager, Financial Reporting - Financial Services Org (Hybrid)
Prudential FinancialAbout the role
Job Classification:
Finance & Accounting - Finance & AccountingAt 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 CFO Organization of PFI, the Financial Services Organization (FSO) is responsible for the controllership activities in support of the U.S. business units including international activities performed domestically.
The Financial Accounting & Analysis (FSO A&A) team supports monthly, quarterly, and annual GAAP and Statutory close processes, including journal processing, reconciliations, and analysis of balance sheet and income statement drivers. The team partners closely with most of the Prudential business units and other corporate areas.
This individual will have financial close responsibilities to ensure that all monthly, quarterly and annual accounting/reconciliation responsibilities are completed. Individuals at this level typically have some understanding of the firm’s different businesses and related economics as well as some industry experience and/or subject area expertise in one or more specific skill sets, business areas, or products.
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 to expect:
- Ensure timely and accurate completion of general ledger close responsibilities by staff, including review and approval of journal entries and reconciliations
- Serve as a point person for multiple business units and corporate areas for any requests on close activities, reinsurance and new initiatives
- Supervise and guide offshore Staff
- Seek out and/or develop efficiencies and improve effectiveness by instituting best practices in processes
- Support quarterly/annual audits by Internal Audit, as well as, independent external auditors
- Ensure adequacy of internal controls over financial reporting and compliance with Sarbanes-Oxley and Model Audit Rule requirements
- Support Reinsurance and new products launches as well as other project initiatives as assigned
- Prepare specific balance sheet and income statement driver analyses and reconciliations (i.e. Actuarial drivers, GAAP trending and variances, etc.)
- Continuously monitor workload balance across Associates and adjust as necessary
- Champion FSO values and process design principles with Staff and business partners
What you'll need:
- Bachelor’s or Graduate degree in Accounting or Finance (CPA a plus)
- Minimum eight (8) years of related experience
- Knowledge of GAAP and Statutory accounting principles
- Insurance and/or Reinsurance experience required
- Ability to manage multiple responsibilities under challenging time frames
- Strong organizational, analytical and problem solving skills
- Strong collaborative and partnering skills
- Highly motivated, proactive, detail oriented
- Strong Microsoft Excel skills
- Experience with Prudential Financial systems a plus (Oracle, Oracle BI, Essbase/Smartview, & other financial statement applications)
- Excellent oral and written communication skills
- Ability to work overtime during peak periods
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. 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 need
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