Associate Manager, Financial Reporting
Prudential FinancialAbout the role
Job Classification:
Finance & Accounting - Finance & AccountingAs part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Shared Organization (FSO) organization 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 of the International Businesses 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.
What you can 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 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 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)
4 - 6 years of accounting and financial reporting experience
Knowledge of GAAP and Statutory accounting principles
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
It’d be a plus if you had:
Investment and/or Insurance experience
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 $92,400.00 to $137,400.00. 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 Programs including 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,
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