About the position
Prudential Retirement delivers retirement plan solutions for public, private, and non-profit organizations. Services include state-of-the-art record keeping, administrative services, investment management, comprehensive employee investment education and communications, and trustee services. With over 85 years of retirement experience, Prudential Retirement helps meet the needs of over 3 million participants and annuitants. For more information, please visit http://www.prudential.com/retire/
Prudential Retirement’s Business Finance Organization is seeking a highly analytical, strategy oriented individual for the Director of Business Finance. This role is responsible for leading cost management, forecasting, reporting and strategic analysis for Prudential Retirement’s Full Service Solutions business. This is an exciting opportunity to be part of a team that supports leaders in their day-to-day and long-term decision making. The individual in this role will partner with leaders across the Business and Finance to strategically manage initiatives related to driving efficiency, growth, and profitability.
The Director of Business Finance reports to the Vice President & Business Finance Officer of Full Service Retirement. The successful candidate will be a key contributor to the strategic direction and financial management of the business. The primary responsibilities of the job are:
- Developing exceptional reporting and analysis of Full Service Retirement’s direct and allocated costs, including leading the budgeting and planning process.
- Delivering insightful analysis and recommendations to transform Prudential Retirement’s cost structure
- Leading benchmarking analysis and developing external relationships to identify and implement best practices in cost management
- Participating in strategic initiatives such as: pricing implementation, client profitability, market and segment assessments, partnership evaluations, and M&A, etc.
- Identifying potential technology solutions, in concert with Finance Transformation team, to automate and institutionalize activity based costing framework
- Influencing cost management governance
- Leading a staff of 2 or more associates
The successful candidate will have the following qualifications:
Highly motivated and creative problem solver; strategic thinker on financial management issues
Astute financial acumen, knowledge of activity based costing, cost drivers, and cost management
Strong project management skills with ability to manage multiple priorities
Collaborative and team-oriented leadership style; able to work independently to drive results while building relationships throughout the business
Demonstrated ability to thrive in a highly matrixed environment.
Excellent presentation and communication skills; ability to communicate results and influence at senior management level
Advanced Excel skills with demonstrated ability to navigate complex data sets.
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 email@example.com for more information about doing business with Prudential.