Accounting/Finance/Treasury/Tax - Newark, NJ Staff Accountant

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 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, Actuarial and other corporate areas.

The Financial Reporting Associate 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 insurance businesses, specifically Life and Annuities products as well as GAAP SEC financial reporting requirements. This position is located in Newark.

The responsibilities of this position will include:

  • Preparation of various subsidiary financial statements and disclosures, legal entity financial statement analysis, while ensuring the control, timeliness and accuracy of the financial statements
  • Preparation and analysis of reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements
  • Partner with Business Unit Finance areas, Corporate GAAP and STAT areas and other various internal business partners on accounting and reporting matters
  • Preparation of various surveys and regulatory filing submissions for various federal agencies/departments
  • Support quarterly/annual audits by Internal Auditors, as well as, Independent External Auditors
  • Support the implementation of new or updated accounting guidance and regulatory requirements
  • Continuously identify efficiencies and process improvements to drive effectiveness and consistency
  • Maintain internal control standards to ensure compliance with Enterprise Accounting Policies and Procedures
  • Support special projects, initiatives and ad-hoc report and analysis requests
  • Responsible for maintenance of standard operating procedures

Qualifications

Qualifications:

  • Bachelor’s or Graduate degree in Accounting or Finance
  • 0 - 2 years of financial reporting and analysis experience
  • Knowledge of GAAP and Statutory accounting principles a plus
  • Ability to manage multiple responsibilities under challenging time frames
  • Strong organizational, analytical and problem solving skills
  • Strong collaborative and partnering skills
  • Self-motivated, team player that is detail oriented
  • Strong Microsoft Excel skills
  • Insurance experience a plus
  • Experience with Oracle, Essbase, Workiva systems a plus
  • Strong oral and written communication skills
  • Ability to work overtime during peak periods

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.

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