Senior Financial Reporting Associate - Accounting Implementation Solutions (Hybrid)

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.

Are you a detail-oriented, self-driven individual with accounting experience who loves tackling complex challenges and collaborating across teams? Do you want your work to drive real business outcomes and shape Prudential’s future?

As part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Services Organization (FSO) is responsible for the controllership activities in support of the U.S. business units including the International activities performed domestically. The Accounting Implementation Solutions (AIS) team within FSO supports assessing and establishing policyholders, commission, and reinsurance accounting for Life, Annuities and Retirement new business initiatives. 

The Accounting Implementation-Financial Reporting Specialist will partner with project leads to support the assessment, design, and implementation accounting for new business initiatives, ensuring Prudential’s financial reporting remains best-in-class.

The successful candidate will also work closely, develop relationships, and become a trusted business advisor within the different FSO groups and to our business partners in Finance, Actuarial, Corporate Controllers, Operations, Separate Accounts Operations, Product Strategy, and Third-Party Administrators.

The current employee work arrangement for this position is Hybrid, Newark and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relating the specific number of days you are expected to be on-site.

What you can expect:

• Implementation of new accounting related to new business initiatives which includes:
  • Creating Statutory and GAAP accounting examples of new transactions based on accounting guidance.
  • Partnering with Operations to execute Table Maintenance System changes to support the accounting in the administration systems.  
  • Partnering with technology to test accounting transactions and reports programmed in the administration system/sub-ledger (PIPS) to ensure correct STAT and GAAP reporting.
  • Updating relevant documentation to support the new business release.
• Processing and monitoring proofs and controls related to the administration systems to ensure accounting is correct. In addition, researching and resolving issues related to these proofs.
• Supporting other FSO teams, Operations and Finance in researching and resolving issues/questions related to policyholder accounting.
• Providing internal and external audit support on policyholder accounting.
• Various ad-hoc requests as needed.

What you’ll need:

• Accounting degree
• 1-2 years of accounting experience; strong foundational accounting skills being a primary requirement
• Strong partnering, written and oral communication skills
• Strong analytical and research skills
• Ability to meet deadlines, prioritize and manage multiple assignments
• Self-motivated, ability to work independently and as part of a team
• Detail oriented
• Willingness to learn
• STAT and GAAP reporting and Financial Information Systems knowledge a plus
• Strong PC Skills including Excel, PowerPoint, and Word
• Oracle ledger and PIPS sub-ledger knowledge a plus
• Overtime required

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