PGIM Real Estate-Senior Accounting Specialist

Prudential Financial, Inc in; Dallas (TX); Hybride; USD 65 000 - 75 000; Plein temps

Avantages offerts par ce poste

401(k) plan with company match (up to

Company-funded pension plan

Medical, dental, vision, life and long

PTO and leave programs

Wellness programs and education perks

Employee Stock Purchase Plan

Résumé du poste

PGIM Real Estate seeks an Accountant for the Agency Accounting Team in Dallas. You will handle journal entries, MSR analytics, and balance sheet reconciliations while coordinating with Investor Reporting, Servicing, and IT.

A CPA/MBA is a plus, with 2+ years of accounting experience and strong GAAP knowledge. The role offers a hybrid work arrangement with in-office days in Dallas and competitive benefits, including a 401(k) match and pension plan.

Qualifications

• Bachelor's degree and 2+ years of relevant accounting experience.
• Solid understanding of GAAP accounting principles.
• Strong accounting, research, and analytical skills.
• Ability to drive process improvement.
• Strong technical skills including advanced knowledge of Excel.
• Strong interpersonal, communication and partnering skills.
• Willingness to work extended hours and support other internal groups as needed.
• Exceptional Microsoft Office skills (Excel, Word).
• Ability to multitask, self-motivate, and prioritize work effectively in a fast-paced environment.
• Enjoy problem solving and collaborating in a team environment.

Responsabilités

• Prepare Agency mortgage loan journal entries and maintain cash logs across loan lifecycle.
• Account for MSR's, analytics (Revenue schedules, Goal Posts), and PASS reconciliations.
• Prepare agency cash logs, journal entries, bank reconciliations, and closing wires.
• Prepare mortgage loan accounting entries and maintain Master Files tracking rate lock to settlement.
• Review mortgage loan agreements to ensure correct interest rate and principal.
• Develop analytics to understand the business and support decisions.
• Prepare Balance Sheet reconciliations and improve reconciliation processes.
• Collaborate across Investor Reporting, Operations, Servicing, Asset/Portfolio Management, Controllers, IT.
• Prepare various analytical reports and assist with ad-hoc projects.

Description du poste

About PGIM Real Estate

With $207.9 billion in gross assets under management and administration ($133.8 billion net), PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum. PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate's risk-management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing, and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world.

Location & working arrangements

The position is based out of our Dallas, TX office. Our organization follows a hybrid work structure where employees work remotely and from the office. You are expected to be in the Dallas office three times a week.

What you will do

• Prepare Agency mortgage loan journal entries corresponding to the life cycle of the loan (i.e., borrower deposit, rate lock, funding, and loan settlement) as well as maintain the associated cash logs.
• Account for Mortgage Servicing Rights (MSR's), analytics (e.g., Revenue schedules and "Goal Posts"), PASS account reconciliations (Prudential's system for assuring materially correct Balance Sheet account balances), Loan Fee accounting, debt (to fund loans) tracking, and creation of robust policies and procedures.

What you can expect

• Prepare Agency cash logs and corresponding journal entries.
• Prepare bank account reconciliations.
• Prepare closing wires and reconcile borrower's deposits through Loan Fee Accounting.
• Prepare mortgage loan accounting entries (including preparation of and maintaining the Agency Mortgage Loan Master Files which track loans at rate lock, funding, and settlement).
• Review mortgage loan agreements to ensure use of correct interest rate and principal when preparing journal entries.
• Obtain a solid understanding of the business to perform effective analytics (e.g., Revenue Schedules and Goal Posts).
• Prepare Balance Sheet reconciliations, and identify and institute account reconciliation efficiencies where warranted, in support of proper PASS account sign-off.
• Effectively partner across the organization with Investor Reporting, Investor Operations, Servicing, Asset Management, Portfolio Management, Controllers, Financial Reporting, and IT to ensure effective communications across the platform.
• Prepare various analytical reports and support special projects on an as needed / ad-hoc basis.

What you will bring

• Bachelor's degree and 2+ years of relevant accounting experience
• Solid understanding of GAAP accounting principles
• Strong accounting, research, and analytical skills
• Ability to drive process improvement
• Strong technical skills including advanced knowledge of Excel
• Strong interpersonal, communication and partnering skills
• Willingness to work extended hours and the ability to support other internal groups as needed
• Exceptional Microsoft Office skills (Excel, Word)
• Ability to multitask, self-motivate, and prioritize work effectively in a face-paced environment
• Enjoy problem solving and collaborating in a team environment

What Will Set You Apart

• Public accounting firm experience / CPA / MBA a plus
• Experience in commercial real estate, Financial Services, or Asset Management industry
• Real Estate industry knowledge of debt/equity terms and financial application
• Experience with SQL, Oracle, GL systems

What we offer you

• 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.

Salary

Job: Accountant – Agency Accounting Team. Salary range: $65,000-$75,000.

Note: 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 $65,000-$75,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits.

PGIM welcomes all applicants, even if you don't meet every requirement

PGIM welcomes all applicants, even if you don't meet every requirement.

Equal Employment Opportunity

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, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.