drjobs Manager Financial Reporting

Manager Financial Reporting

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

$ 118700 - 176600

Vacancy

1 Vacancy

Job Description

Job Classification:

Finance & Accounting Finance & Accounting

As part of the Corporate Controllers Department and the CFO Organization of PFI the Finance Shared Organization (FSO) organization is responsible for the controllership activities in support of the U.S. business units including international activities performed domestically.

The Financial Accounting & Analysis (FSO A&A) team supports monthly quarterly and annual GAAP and Statutory close processes including journal processing reconciliations and analysis of balance sheet and income statement drivers. The team partners closely with most of the Prudential business units and other corporate areas.

This individual will have oversight and management responsibilities of the Separate Account team to ensure that all monthly quarterly and annual accounting/reconciliation responsibilities are completed. Individuals at this level typically have some understanding of the firms different businesses and related economics as well as some industry experience and/or subject area expertise in one or more specific skill sets business areas or products.

What youll do:

  • Ensure timely and accurate completion of general ledger close responsibilities by staff including review and approval of journal entries and reconciliations
  • Serve as a point person for multiple business units and corporate areas for any requests on close activities and new initiatives
  • Supervise Staff both onshore and offshore.
  • Seek out and/or develop efficiencies and improve effectiveness by instituting best practices in processes
  • Support quarterly/annual audits by Internal Audit as well as independent external auditors
  • Ensure adequacy of internal controls over financial reporting and compliance with SarbanesOxley and Model Audit Rule requirements
  • Support project initiatives as assigned
  • Prepare specific balance sheet and income statement driver analyses and reconciliations (i.e. Actuarial drivers GAAP trending and variances etc.
  • Continuously monitor workload balance across Associates and adjust as necessary
  • Champion FSO values and process design principles with Staff and business partners

What youll need:

  • Bachelors or Graduate degree in Accounting or Finance (CPA a plus)
  • 5 7 years of accounting and financial reporting experience
  • Knowledge of GAAP and Statutory accounting principles
  • Ability to manage multiple responsibilities under challenging time frames
  • Strong organizational analytical and problem solving skills
  • Strong collaborative and partnering skills
  • Highly motivated proactive detail oriented
  • Strong Microsoft Excel skills
  • Investment and/or Insurance experience a plus
  • Experience with Prudential Financial systems a plus (Oracle Oracle BI Essbase/Smartview & other financial statement applications)
  • Excellent oral and written communication skills
  • Ability to work overtime during peak periods

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 $118700.00 to $176600.00. 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:

Manager

Employment Type

Full-Time

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