Financial Reporting Specialist (Finance)

Job Classification:

Finance & Accounting - Finance & Accounting

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 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 company's asset management businesses, as well as GAAP SEC financial
reporting requirements.

This position will be a hybrid role working out of our Newark, NJ office.

What you'll do:

• 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 consolidation in PFI's 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 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 and 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

What you'll need:

• Bachelor's or Graduate degree in Accounting or Finance (CPA or MBA a plus)
• 3 - 5 years of financial reporting and analysis experience
• Knowledge of GAAP accounting principles
• Ability to manage multiple responsibilities under challenging time frames
• Strong organizational, analytical, and problem-solving skills
• Ability to collaborate and partner on various assignments
• Self-motivated, proactive, and detail oriented
• Strong Microsoft Excel skills

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 $72,900.00 to $108,600.00. 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.