Prudential

Financial Reporting Specialist

Posted on: 11 Mar 2021

Newark, NJ

Job Description

Prudential Financial, Inc. (PFI) is a multi-national financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The companys well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit www.prudential.com.

As part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Shared Services organization is responsible for the controllership activities in support of the U.S. business units including the International activities performed domestically. The Financial Reporting team supports GAAP and Statutory reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, and internal and external audit support. The team partners with Business Unit Finance areas, PGIM Controllers and individual PGIM Businesses, Investment Operations teams and other corporate areas.

The Financial Reporting Specialist position will support the Financial Reporting team with responsibility for various subsidiary financial statements, disclosures and regulatory filings. This position will provide the candidate exposure to the companys asset management businesses, as well as GAAP SEC financial reporting requirements.

Qualifications:

* Preparation of various PGIM subsidiary financial statements and disclosures, legal entity financial statement driver analysis, while ensuring the control, timeliness and accuracy of the financial statements
* Preparation of analysis and reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements
* Partner with Business Unit Finance teams, certain asset management areas, Corporate areas and other internal business partners on accounting and reporting matters
* Preparation and completion of stand-alone audited financial statements and footnote preparation (including collaboration with various external auditors and several internal support teams) which are filed with domestic regulators, and/or used for client purposes
* Assist with the implementation of new or updated GAAP accounting guidance
* Continuously identify efficiencies and improve effectiveness by determining best practices
* Support quarterly/annual audits by Internal Auditors, as well as, Independent External Auditors
* Maintain internal controls over financial reporting and compliance with Sarbanes-Oxley requirements
* Support special projects, initiatives, ad-hoc reporting and analysis requests

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

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.

Prudential

Newark, NJ

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services. It operates through PGIM, U.S. Workplace Solutions, U.S. Individual Solutions, and International Insurance divisions. The PGIM division offers an array of asset management and advisory services related to public and private fixed income, public equity and real estate, commercial mortgage origination and servicing, and mutual funds and other retail services to institutional, private, and sub-advisory clients, as well as to insurance company separate accounts, government sponsored entities, and the general account.

The U.S. Workplace Solutions division provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee plans and affinity groups.The U.S. Individual Solutions division develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States.

The International Insurance division develops and distributes individual life insurance, retirement, and related products to the mass affluent and affluent markets in Japan, Korea, and other foreign countries, as well as middle income and mass affluent markets. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

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