Prudential Financial

Senior Financial Reporting Associate - Accounting Implementation Solutions (Hybrid)

Prudential Financial  •  $57k - $94k/yr  •  Newark, NJ (Remote)  •  13 days ago
Expired
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Job Description

Job Classification:

Finance & Accounting - Finance & AccountingAt Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions.

Are you a detail-oriented, self-driven individual with accounting experience who loves tackling complex challenges and collaborating across teams? Do you want your work to drive real business outcomes and shape Prudential’s future?

As part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Services Organization (FSO) is responsible for the controllership activities in support of the U.S. business units including the International activities performed domestically. The Accounting Implementation Solutions (AIS) team within FSO supports assessing and establishing policyholders, commission, and reinsurance accounting for Life, Annuities and Retirement new business initiatives.

The Accounting Implementation-Financial Reporting Specialist will partner with project leads to support the assessment, design, and implementation accounting for new business initiatives, ensuring Prudential’s financial reporting remains best-in-class.

The successful candidate will also work closely, develop relationships, and become a trusted business advisor within the different FSO groups and to our business partners in Finance, Actuarial, Corporate Controllers, Operations, Separate Accounts Operations, Product Strategy, and Third-Party Administrators.

The current employee work arrangement for this position is Hybrid, Newark and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relating the specific number of days you are expected to be on-site.


What you can expect:

  • Implementation of new accounting related to new business initiatives which includes:
    • Creating Statutory and GAAP accounting examples of new transactions based on accounting guidance.
    • Partnering with Operations to execute Table Maintenance System changes to support the accounting in the administration systems.
    • Partnering with technology to test accounting transactions and reports programmed in the administration system/sub-ledger (PIPS) to ensure correct STAT and GAAP reporting.
    • Updating relevant documentation to support the new business release.
  • Processing and monitoring proofs and controls related to the administration systems to ensure accounting is correct. In addition, researching and resolving issues related to these proofs.
  • Supporting other FSO teams, Operations and Finance in researching and resolving issues/questions related to policyholder accounting.
  • Providing internal and external audit support on policyholder accounting.
  • Various ad-hoc requests as needed.


What you’ll need:

  • Accounting degree
  • 1-2 years of accounting experience; strong foundational accounting skills being a primary requirement
  • Strong partnering, written and oral communication skills
  • Strong analytical and research skills
  • Ability to meet deadlines, prioritize and manage multiple assignments
  • Self-motivated, ability to work independently and as part of a team
  • Detail oriented
  • Willingness to learn
  • STAT and GAAP reporting and Financial Information Systems knowledge a plus
  • Strong PC Skills including Excel, PowerPoint, and Word
  • Oracle ledger and PIPS sub-ledger knowledge a plus
  • Overtime required

Prudential welcomes all applicants, even if youdon'tmeet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such ason demandresources and networking to propel your career forward.

We’rea global organization, full of outstandingly dedicated people whoaren’tafraid to think differently, challenge the statusquoand take sensible risks along the way. You will enjoypushing boundaries as we build innovative technology that helps clients,customersand employees live their best lives.

You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

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 $57,200.00 to $94,400.00. 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 Programsincluding 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.comto request assistance

Prudential Financial

About Prudential Financial

Prudential Financial (NYSE:PRU) was founded on the belief that financial security should be within reach for everyone, and for over 140 years, we have helped our customers reach their potential and tackle life's challenges for now and future generations to come. Today, we are one of the world’s largest financial services institutions, offering individual and institutional clients a wide array of financial products and services. With operations in the United States, Asia, Europe and Latin America, we are known for delivering on our promises to our customers, and are recognized as a trusted brand and one of the world’s most admired companies. We also have one of the most recognized and trusted brand symbols: The Rock®, an icon of strength, stability, expertise and innovation. We measure our long-term success on our ability to deliver value for shareholders, meet customer needs, and attract and develop the best talent in our industry. We offer an inclusive work environment where employees can develop to their full potential, and give back to the communities where we live and work. (Pru.us/disclaimer)

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Newark, New Jersey
Year Founded
Unknown
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