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 critical thinker looking to apply your problem-solving skills? Treasury’s Corporate Banking department has an opening for a Senior Associate on the Cash Management team. Cash Management is responsible for managing the firm’s short-term liquidity, which includes: preparing short term cash investment calculations based on forecasts and historical trends, concentrating funds for investment, reconciling forecasts to actuals and analyzing variances, preparing short term cash flow reports and acting as liaison between banks and Prudential businesses. 

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:

• Calculating daily cash positions based on business unit / investment forecasts and historical trends

• Reconciling and analyzing forecasted to actual activity in investment and operating accounts on a daily basis

• Consulting with various Prudential businesses to improve cash processing flows, cash forecasting and bank account structures

• Communicating with banks and various Prudential businesses to investigate and resolve transaction and account balance issues

• Initiating wire transfers to concentrate funds for investment and to fund operating and investment activity

• Updating procedures and workflow documentation as needed

• Conducting and documenting moderately complex financial analysis and reporting for Enterprise or business specific projects

• Participating in independent and group projects related to cash management initiatives

What you’ll need: :

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration

• 1-2 years’ work relevant cash management / investment operations experience.

• Strong problem-solving skills with ability to address inquiries promptly

• Excellent interpersonal skills for building relationships across departments and with external partners

• Adaptable and willing to rotate through different areas as needed

• Capable of working under pressure and meeting tight deadlines in a team environment

It’d be a plus if you had:

• Kyriba experience preferred

One of the responsibilities of this position includes the processing of wire transfers.  In accordance with the Treasurer’s Department Policies, any candidate selected for this position will be required to submit to an extensive background and credit check.  Failure to comply will eliminate a candidate from consideration for this position.  In addition, any negative information obtained as a result of the background screening may result in the disqualification of the candidate from this and any other position in Prudential Financial, including their current one if he/she is an internal candidate.

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 $59,300.00 to $88,300.00. 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, finances, pets, legal matters, education, emotional and mental health, and career development.  

• Education Benef