drjobs Financial Reporting Associate Hybrid

Financial Reporting Associate Hybrid

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

$ 59300 - 88300

Vacancy

1 Vacancy

Job Description

Job Classification:

Finance & Accounting Finance & Accounting

At Prudential we believe talent is key to achieving our vision. When you join Prudential youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions.

The Treasury Controllers unit is primarily responsible for Prudential Financial Incs (PFIs) derivative reporting analyzing and communicating actual and forecasted results to the senior management Prudential businesses and external disclosures under US GAAP and Statutory accounting standards. The unit is also responsible for supporting strategic initiatives involving derivatives and associated Adjusted Operating Income (AOI) policies derivative reporting for Federal and Global regulatory supervision external disclosures of PFIs debt and financial reporting of Prudential Global Funding (PGF) a subsidiary housing PFIs derivative transactions.

The Derivatives Reporting Team within Treasury Controllers is responsible for the oversight of Prudentials derivative activity and for the reporting analyzing and communicating derivative results on a GAAP and AOI basis quarterly to Senior Management and the Prudential Businesses. The team is responsible for internal management and external (SEC) reporting including the Derivative Footnote and the derivatives sections within the Investment MD&A and Fair Value Footnote.

What youll do:

  • Analysis of quarterly derivatives actual results for domestic business units.
  • Quarterly derivatives analysis (AOI and GAAP) for the Investment Results Package for Senior Management.
  • Assist with the preparation of the 10Q/10K derivative disclosures (PFI Pruco and PLNJ) including the Footnote analysis of reported Realized Gains/Losses in the MD&A and the derivative Fair Value disclosures.
  • Hedge accounting and hedge effectiveness testing documentation across the company.
  • Work with various systems; Oracle (Prudential General Ledger) SUMMIT derivative valuation system Power BI IRISK and GAAP Supplemental tool.
  • Partner closely with internal and external auditors Investment Operations GAAP Consolidation and SEC Reporting areas.
  • Design automate and maintain various spreadsheets used to compile and analyze data.

What youll need:

  • Undergraduate degree in Accounting or Finance.
  • 03 years of accounting / financial analysis experience.
  • Advanced proficiency in Microsoft Office Suite (Microsoft Excel strongly recommended).
  • Teamoriented with strong interpersonal skills.
  • Must be able to work independently and as a part of the team in a fastpaced everchanging and challenging environment.
  • Overtime required during peak period.

It be great if you had:

  • CPA track
  • Familiarity with Oracle XBRL

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 $59300.00 to $88300.00. 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.

  • Companyfunded pension plan.

  • Wellness Programs including up to $1600 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 parttime employees scheduled to work less than 20 hours per week.


Required Experience:

IC

Employment Type

Full-Time

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