Associate Manager, Financial Reporting

Prudential Financial; Newark (NJ); Hybrid; USD 89,000 - 147,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) match

Pension plan

Wellness program

Education Benefit

Employee Stock Purchase Plan

Job summary

Prudential Financial, Inc. in Newark, NJ, seeks an Associate Manager, Financial Reporting, within the Individual Retirement Controllers Team. The role supports the Retirement and U.S.

Legacy Product segments with financial reporting and analysis on both GAAP and Statutory bases. The team ensures completeness and accuracy of financial reporting, supports quarterly close deliverables, and collaborates with Business Unit Finance and Corporate teams to provide insights for senior management.

Qualifications

• Bachelor’s degree in Accounting (CPA preferable)
• Strong collaboration and communication skills (verbal and written)
• Proven ability to manage multiple deliverables and meet deadlines

Responsibilities

• Understand and prepare quarterly and annual financial reporting deliverables on GAAP and Statutory bases
• Ensure financial statements are reasonable and communicated timely with well-controlled processes
• Analyze trends and variances across segment income statements and balance sheets
• Support SEC 10-Q and 10-K filings
• Support reinsurance arrangements and analytics
• Assist with ad hoc requests related to strategic initiatives
• Drive continuous process improvements and efficiencies

Skills

Collaboration

Excel skills

Analytical thinking

Time management

Education

Bachelor's in Accounting

Job description

Job ClassificationFinance & Accounting - Finance & Accounting

Job ClassificationFinance & Accounting - Finance & Accounting

An outstanding and challenging opportunity is available for an Associate Manager, Financial Reporting, within the Individual Retirement Controllers Team. This role will support the Retirement and U.S. Legacy Product segments with financial reporting and analysis on both a GAAP and Statutory basis.

Team description: The Individual Retirement Financial Controllership team oversees the completeness and accuracy of financial reporting and analysis for U.S. GAAP and Statutory reporting, as well as related quarterly close deliverables. The team focuses on the Individual Retirement businesses and works closely with Business Unit Finance, Capital, P&A, and other Corporate teams to provide financial insights to senior management and support accurate PFI disclosures.

The current EWA for this position is Hybrid and requires your on-site presence 3 days per week. Your manager will provide additional details relative to days you are expected to be on-site

What You’ll Do

• Understand and prepare quarterly and annual financial reporting-related deliverables on both a GAAP and Statutory reporting basis
• Ensure financial statements are reasonable and communicated in a timely manner, supported by well-controlled underlying processes
• Analyze trends and variances across the business segment income statements and balance sheets
• Provide support and analysis for SEC 10-Q and 10-K filings
• Support various reinsurance arrangements and analytics
• Support ad hoc requests related to strategic initiatives
• Help drive continuous process enhancements and efficiencies

What You’ll Need

• Strong collaborative, communication, and partnering skills, both verbal and written
• Strong Excel skills and experience with PFI’s financial reporting tools are required
• Demonstrated ability to thoughtfully analyze, assess, challenge, and influence
• Proven ability to manage multiple deliverables and meet deadlines under challenging time frames
• Highly motivated and creative problem solver; strategic thinker on financial matters
• Bachelor’s degree in Accounting (CPA preferable)
• Knowledge of insurance accounting and actuarial concepts is a plus

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 $89,000.00 to $147,000.00. 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 Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part‑time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place.

If you need an accommodation to complete the application process, please email [e-mail].

If you are experiencing a technical issue with your application or an assessment, please email [e-mail] to request assistance.