What are the responsibilities and job description for the Associate Manager, Financial Reporting position at Prudential?
Job Classification:
Finance & Accounting - Finance & Accounting
As part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Shared Organization (FSO) organization is responsible for the controllership activities in support of the U.S. business units including international activities performed domestically.
The Financial Accounting & Analysis (FSO A&A) team supports monthly, quarterly, and annual GAAP and Statutory close processes, including journal processing, reconciliations, and analysis of balance sheet and income statement drivers. The team partners closely with most of the Prudential business units and other corporate areas.
This individual will have financial close responsibilities of the International Businesses to ensure that all monthly, quarterly and annual accounting/reconciliation responsibilities are completed. Individuals at this level typically have some understanding of the firm’s different businesses and related economics as well as some industry experience and/or subject area expertise in one or more specific skill sets, business areas, or products.
What you can expect:
The Financial Accounting & Analysis (FSO A&A) team supports monthly, quarterly, and annual GAAP and Statutory close processes, including journal processing, reconciliations, and analysis of balance sheet and income statement drivers. The team partners closely with most of the Prudential business units and other corporate areas.
This individual will have financial close responsibilities of the International Businesses to ensure that all monthly, quarterly and annual accounting/reconciliation responsibilities are completed. Individuals at this level typically have some understanding of the firm’s different businesses and related economics as well as some industry experience and/or subject area expertise in one or more specific skill sets, business areas, or products.
What you can expect:
- Ensure timely and accurate completion of general ledger close responsibilities by staff, including review and approval of journal entries and reconciliations
- Serve as a point person for multiple business units and corporate areas for any requests on close activities and new initiatives
- Supervise and guide offshore Staff.
- Seek out and/or develop efficiencies and improve effectiveness by instituting best practices in processes
- Support quarterly/annual audits by Internal Audit, as well as, independent external auditors
- Ensure adequacy of internal controls over financial reporting and compliance with Sarbanes-Oxley and Model Audit Rule requirements
- Support project initiatives as assigned
- Prepare specific balance sheet and income statement driver analyses and reconciliations (i.e. Actuarial drivers, GAAP trending and variances, etc.)
- Continuously monitor workload balance across Associates and adjust as necessary
- Champion FSO values and process design principles with Staff and business partners
What you’ll need:
- Bachelor’s or Graduate degree in Accounting or Finance (CPA a plus)
- 4 - 6 years of accounting and financial reporting experience
- Knowledge of GAAP and Statutory accounting principles
- Ability to manage multiple responsibilities under challenging time frames
- Strong organizational, analytical and problem solving skills
- Strong collaborative and partnering skills
- Highly motivated, proactive, detail oriented
- Strong Microsoft Excel skills
- Experience with Prudential Financial systems a plus (Oracle, Oracle BI, Essbase/Smartview, & other financial statement applications)
- Excellent oral and written communication skills
- Ability to work overtime during peak periods
It’d be a plus if you had:
- Investment and/or Insurance experience
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 $92,400.00 to $137,400.00. 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), after one year of service.
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.
If you need an accommodation to complete the application process, please email
accommodations.hw@prudential.com
.If you are experiencing a technical issue with your application or an assessment, please email
careers.technicalsupport@prudential.com
to request assistance.Salary : $1,600
