Associate Manager, Financial Reporting

Prudential Annuities Distributors (PAD); The Ironbound (NJ); Hybrid; USD 89,000 - 147,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Pension plan

Wellness program

Paid time off

Discretionary incentive

Job summary

Prudential Annuities Distributors (PAD) in New Jersey seeks an Associate Manager, Financial Reporting, to support retirement reporting and U.S. legacy products. You will handle GAAP and Statutory reporting, analyze statements, and assist with SEC filings within the Individual Retirement Financial Controllership team.

The role requires collaboration, strong Excel skills, and the ability to manage multiple deliverables on a hybrid schedule with on-site presence three days per week.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Collaboration

Excel

Analytical thinking

Time management

Problem solving

Strategic thinking

Education

Bachelor's degree in Accounting

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).
• 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.

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com.

Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.

PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.

PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.