Job Classification:

What you will do

PGIM Plan Accounting Investment Operations is an integral component in the support of PGIM and Group Insurance businesses and their clients investments in separate accounts and trust vehicles. Positions in Plan Accounting provide the opportunity to gain broad business knowledge by way of consistent exposure to a wide network of business partners. These include corporate and business functions such as Finance Operations and Systems Risk Management Compliance Audit Product Development Client Relationship Management and Actuarial Services as well as external banks and financial companies. Under the guidance of their supervisors Associates are empowered to immediately contribute in a meaningful way add significant value to organization initiatives and effect change.

This position is based in our Newark NJ office and will follow a hybrid schedule (3 days in office). Our organization follows a hybrid work structure where employees can work remotely and/ from the office as needed based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

What you can expect

• Supporting monitoring and calculating unit values for the investments we support
• Transfer agency services including asset to liability reconciliations and investor share ownership
• Production of client level commingled asset and investment reports 5500/Schedule C and regulatory reporting
• Calculation invoicing and collection of fees related to Investment management services and administration
• Transaction processing including client contributions withdrawals and bank account monitoring
• ORACLE accounting entries and ledger revenue reconciliations
• Asset Manager relationship management and cashflow forecasting
• Client order processing including exchanges and withdrawals; NSCC trading
• Support of new fund development set ups and closings
• Bank Oversight and Related Reconciliation/Reporting Functions
• Portfolio and Client level transition events (ie. securities in-kind transfers manager replacements etc)
• External and Internal audit review and support; Client service support
• Participate in various analysis and special projects

What you will bring

• Bachelors degree in Economics Finance Accounting or Business related preferred
• 3.0 GPA or above preferred
• Ability to understand and analyze basic accounting principles and financial statements
• Ability to organize prioritize tasks and work in a deadline oriented environment
• Strong oral and written communication skills; ability to deal with associates at all levels within the organization
• Demonstrated leadership skills

What we offer you:

• 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%).

• Company-funded 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 part-time employees scheduled to work less than 20 hours per week.