Associate Manager, Financial Reporting

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

Benefits offered by this job

Market competitive base salaries

Yearly bonus potential

Medical, dental, vision, life and 401K

Company pension plan

Wellness programs

Employee stock purchase plan

Job summary

Prudential Financial, Inc. is seeking an Associate Manager, Financial Reporting, to support the Individual Retirement Controllers Team. The role focuses on GAAP and Statutory reporting, with involvement in quarterly close and disclosures for U.S. GAAP and statutory bases.

The position requires on-site presence three days per week in a hybrid setup, with collaboration across Finance, Capital, P&A, and Corporate teams to deliver accurate financial insights and timely disclosures.

Qualifications

• Strong collaboration and communication abilities, verbal and written.
• Proficient in Excel and financial reporting tooling.
• Ability to analyze, challenge, and influence financial matters.
• Experience managing multiple deliverables under tight deadlines.
• CPA preferred and knowledge of insurance accounting is a plus.

Responsibilities

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

Skills

Excel skills

Collaborative

Analytical thinking

Time management

Communication skills

Education

Bachelor’s degree in Accounting

CPA preferred

Tools

PFI reporting tools

Job description

Job Classification:

Finance & 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).

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.