Accounting/Finance/Treasury/Tax - Newark, NJ Financial Reporting Specialist

About the position

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 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. For more information, please visit www.prudential.com.

As part of the Corporate Controllers Department and the CFO Organization of PFI, the Shared Services Expense Accounting & Reporting team is responsible for the controllership activities in support of the U.S. business units and corporate centers/ functions, including international activities performed domestically. The Expense Accounting & Reporting Team will collaborate with the U.S Business finance teams, corporate finance areas, and other corporate groups.

The Financial Reporting Specialist will provide expense accounting and reporting support primarily for the corporate centers and centralized functions as well as the U.S. businesses as part of the Finance Shared Service team. This position will be located in Newark NJ.

As a member of the Expense Accounting & Reporting team responsibilities of this position will include:     

  • Continuous collaboration across the Shared Services teams, Corporate Management Reporting, Corporate Centers and Centralized Functions, and Business Unit Finance areas
  • Execute timely and accurate completion of general ledger close responsibilities including recording journal entry transactions supporting the activities of the corporate centers and centralized functions, in/expatriate activities, and processing corporate center/function chargebacks to the business units
  • Execute quarterly account reconciliations related to journal activities
  • Support in the development and release of monthly/quarterly reporting packages to the company Controller, VPs of Finance, and other business partners
  • Investigation of key business drivers leading to insightful analytics of expense variances
  • Support strategic initiatives focused on continuous improvement of all aspects supporting the Expense team’s deliverables
  • Support knowledge transfer and implementation from potential future transitions of work into the Shared Services Expense group
  • Identify efficiencies and improve effectiveness by determining best practices
  • Train and assist lower level staff within the group, as needed

Qualifications

  • Bachelor’s or Graduate degree in Accounting or Finance
  • 3-5 years expense and financial reporting experience
  • Knowledge of GAAP and STAT accounting principles preferred
  • Ability to understand financial data and convert it into insightful analytics
  • Strong technical skills including Excel (knowledge of Access a plus)
  • Self-motivated and proactive
  • Ability to adhere to strict deadlines
  • Strong organizational, oral and written communication skills
  • Ability to effectively work both independently and collaboratively
  • Ability to work overtime during peak periods
  • Experience with Prudential Financial Systems preferred but not required (Smartview, OBI, Charms and WebADI).

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, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

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.

Apply Now

Join PrudentialApply for this position

Please fill out the online application and upload your supporting materials. We appreciate the time and effort you put into your application.

Apply Now

Save or Send Email this Job

Get a link to the job and the full description that you can save for later or share with someone you think might be a good fit.

Get Link to this job description in an email to save for yourself or send

Related Job Openings

Investment Operations Associate

Accounting/Finance/Treasury/Tax - Newark, NJ
  • Full Time Position
  • Job No: ENT00081
Job Description and Responsibilities-

Enterprise Reporting, a division within PGIM (the Global Investment Management Division of Prudential Financial), has an opening for an Investment Operations Associate in the Management Reporting & Analysis (MRA) group. The position is primarily responsible for daily/weekly/monthly/quarterly Risk and Statutory limits compliance monitoring and reporting.

Utilizing information from multiple sources, various tests are performed to confirm if investment entities/portfolios comply with their respective limits. Some of these exposure...

View Job Details

Associate Manager, Planning & Analysis - Cost Optimization (WSG)

Accounting/Finance/Treasury/Tax - Hartford, CT | Roseland, NJ
  • Full Time Position
  • Job No: RET000EK
Prudential Financial, a financial services leader with more than $1 trillion of assets under management, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management.
Prudential’s Workplace Solutions Group (WSG), which comprises Prudential’s Retirement and Group...
View Job Details

Director, Financial Planning & Analysis

Accounting/Finance/Treasury/Tax - Newark, NJ
  • Full Time Position
  • Job No: RET000DR

The Investment and Pension Solutions (IPS) Business Finance team is looking for an experienced Director to support the Global Pension Risk Transfer (PRT) business within Prudential’s Retirement business unit. This position will support the business in PRT transaction activity, identifying and evaluating financial risks and capital considerations. This will involve working closely with the Global PRT business leaders to support their growth and strategic initiatives, advise them on solutions to optimize capital, maximize profitable growth, propose solutions to manage...

View Job Details

VP, Data Scientist

Accounting/Finance/Treasury/Tax - Newark, NJ
  • Full Time Position
  • Job No: DAT0003P

Prudential Financial is seeking an enthusiastic Data Analytics leader, to help drive its centralized advanced data analytics capability to the next level. We are looking for someone who understands data modeling techniques and has tremendous expertise in simplifying the complex. This role will require a unique combination of skills: strong business acumen with a history of using data to solve business problems, deep analytical skills, ability to drive and own business relationships, a strategic and technical mindset as well as the ability to lead and grow analytical...

View Job Details
Search All Prudential Jobs