Associate Manager, Financial Reporting

Job Classification:

Finance & Accounting - Finance & Accounting

Prudential Financial, Inc. (PFI) is a multi-national financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit www.prudential.com.

As part of the Corporate Controllers Department and the CFO Organization of PFI, the External Reporting organization is responsible for the controllership activities in support of the U.S. business units including the International activities performed domestically. The Financial Reporting team supports GAAP reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, and internal and external audit support. The team partners with Business Unit Finance areas, PGIM Controllers and individual PGIM Businesses, Investment Operations teams and other corporate areas.

The Associate Manager will primarily focus on the execution of various subsidiary financial statements, disclosures, and regulatory filings, while gaining exposure to the company’s PGIM (Asset Management) business, as well as GAAP and 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. There may be occasional travel required which should not exceed 10%, depending on audit plan coverage.

What you can expect:  

• Coordinate preparation of various PGIM subsidiary financial statements and disclosures, legal entity financial statement driver analysis, while ensuring the control, timeliness, and accuracy of the financial statements

• Prepare, review, and analyze reporting data in support of multiple disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements

• Partner with PGIM Controller & Business Unit Finance teams, Corporate areas and other internal business partners on accounting and reporting matters

• Coordinate compilation of stand-alone audited financial statements and footnote preparation (including collaboration with external auditors and several internal support teams) which are filed with domestic regulators, &/or used for client purposes.

• Integrate new investment related subsidiaries and/or acquisitions into existing reporting processes

• Assist with the implementation of new or updated GAAP accounting guidance

• Continuously identify efficiencies and improve effectiveness by implementing best practices

• Perform oversight of staff including third-party service provider (EXL)

• Support annual PFI-wide audits by internal or external auditors

• Ensure adequacy of internal controls over financial reporting and compliance with Sarbanes-Oxley requirements

• Participate or lead special projects and initiatives

• Fulfill ad-hoc reporting and analysis requests

What you’ll need:  

• 4 – 6 years of financial reporting and analysis experience

• Excellent oral and written communication skills

• Keen attention to detail with sharp analytical and problem-solving skills

• Self-directed and proactive

• Proficient in Microsoft Excel

• Understanding of GAAP accounting principles

• Ability to manage multiple responsibilities and effectively prioritize – Note: Overtime expected during peak reporting periods

• Ability to build collaborative relationships and partner on various assignments

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock an exciting and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

PGIM, the glob