Accounting/Finance - Madison, NJ Director, Fund Operations

About the position

PGIM Real Estate is the global real estate investment business of Prudential Financial, Inc. (NYSE: PRU). Redefining the real estate investing landscape since 1970, PGIM Real Estate has professionals in 18 cities in the Americas, Europe and Asia Pacific with deep local knowledge and expertise, and gross assets under management of $66.0 billion ($47.6 billion net) as of December 31, 2016.

PGIM Real Estate’s tenured team offers to its global client base a broad range of real estate investment vehicles that span the risk-return spectrum across core, core plus, value-add, debt, securities, and specialized investment strategies. For more information, please visit

Position Overview:

The Director, Real Estate Fund Accounting, will be a member of the Fund Operations team that services and supports PGIM Real Estate in the accounting and reporting of real estate investments acquired within PGIM Real Estate’s domestic portfolios. The Director will be primarily accountable for the accurate and timely accounting and reporting for their assigned portfolios. This position will be a key point of contact for all business and other functional teams as it relates to their assigned portfolios.

Duties & Responsibilities:

  • Ensuring the timely and accurate preparation and review of quarterly and annual financial statements;
  • Ensuring the timely and accurate preparation and review of quarterly data submission to various industry organizations and consultants;
  • Interacting with the Portfolio Managers on strategic operational planning and other operational support issues as they arise;
  • Supporting the Asset Managers in on-going operational matters;
  • Interacting with PGIM Real Estate Legal and Transaction staff on the acquisitions and sales of investments;
  • Interacting with PGIM Real Estate Policy group in implementing new accounting policies and the application of the appropriate accounting treatment in various complicated transactions;
  • Interacting with PGIM Real Estate Systems on various initiatives as it impacts property/portfolio data;
  • Overseeing various audits with internal and external auditors;
  • Constructing and/or leading various training classes for Operations or cross functional groups - such as accounting for complex deal structures, record keeping within certain systems, and/or the rolling out of new or changes to existing processes;
  • Assist in supervising and directing senior level accounting professionals;
  • Reviewing deliverables and managing deadlines of the third-party fund administrator;
  • Contributing to firm wide projects, initiates, and process improvements as they pertain to assigned portfolios or the overall Fund Operations team.


  • Bachelor’s degree in Accounting or Finance required
  • 7-10 years of experience in financial accounting including financial statement preparation and review
  • Experience in the real estate investment management industry strongly preferred
  • Prior experience in public accounting or CPA strongly preferred
  • Understanding of generally accepted accounting principles as it relates to fair market value of real estate and fund accounting
  • Understanding of data validation and flow as it relates to accounting/operations deliverables and their downstream effect on other reporting systems/teams
  • Experience with managing a third-party fund administrator
  • Knowledge of and experience with REIT structures and taxation strongly preferred
  • Ability to manage and prioritize multiple processes within tight deadlines while responding to various requests from multiple parties
  • Working knowledge of joint venture waterfalls and income calculations
  • Experience calculating asset management and incentive fee calculations
  • Knowledge of performance return calculations and GIPS a plus
  • Proficient in Excel
  • Strong leadership and management skills
  • Strong analytical, organizational and problem solving skills
  • Strong interpersonal, communication and partnering skills

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 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 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

Financial Reporting Specialist

Accounting/Finance - Newark, NJ
  • Full Time Position
  • Job No: PGI0003S

Prudential is a company of smart, ambitious professionals working together to create a better future for our customers and our communities around the globe. As one of the most recognizable financial services companies in the world, our employees are building on our 140-year history of financial strength with a focus on innovation and transformation to meet tomorrow’s most complicated challenges. We are committed to the growth and development of our employees. This includes providing talent mobility across the organization, as well as...

View Job Details

Finance Accounting Specialist, Commercial Real Estate

Accounting/Finance - Dallas, TX
  • Full Time Position
  • Job No: PAR0007D

Prudential Asset Resources (PAR) is a subsidiary of PGIM Real Estate Finance and one of the largest commercial and multifamily mortgage servicing firms in the nation. Assets under management include Fannie Mae, FHA, insurance company general account, and securitized loans. PAR is rated as a Primary, Master, and Special Servicer. PGIM Real Estate Finance is a diversified mortgage lender with a 125-year commitment to the commercial real estate market.

Duties and position responsibilities include, but are not limited to the following:

  • The candidate should be self...
View Job Details

Associate Manager, Financial Reporting

Accounting/Finance - El Paso, TX
  • Full Time Position
  • Job No: EP 0000T
Responsibilities may include one or more of the following financial accounting, regulatory reporting and or accounting standards policy. Produce timely, accurate and reliable financial information. Incumbent at this level is knowledgeable on the day to day activities of a product or process however will require input to resolve more complex issues. Individual may have oversight of a small team or a key process in addition to having full ownership for multiple processes, reports procedures or products. They are considered analytical or procedural experts representing a...
View Job Details

Manager, Mutual Fund Financial Reporting

Accounting/Finance - Newark, NJ
  • Full Time Position
  • Job No: MF 0001X

At PGIM Investments, we help meet the financial needs of investors by offering strategies that invest across the global markets. We are part of PGIM, the global investment management business of Prudential Financial Inc.—the 9th largest asset manager with over $1 trillion in assets under management and a company individuals and businesses have trusted with their financial future for over 140 years.

Our unique multi-manager platform features a diversified suite of actively managed strategies across a broad spectrum of asset classes and investment styles, managed by...
View Job Details
Search All Prudential Jobs