Job Classification:

Are you a detail-oriented self-driven individual with accounting experience who loves tackling complex challenges and collaborating across teams Do you want your work to drive real business outcomes and shape Prudentials future

As part of our Accounting Implementation Solutions (AIS) team youll play an important role in setting up the automated accounting for reinsurance and making an impact on our business and customers. Were seeking an Accounting Implementation-Financial Reporting Manager ready to innovate and grow with us.

As part of the Corporate Controllers Department and the CFO Organization of PFI the Finance Services Organization (FSO) is responsible for the controllership activities in support of the U.S. business units including the International activities performed domestically. The Accounting Implementation Solutions (AIS) team within FSO supports assessing and establishing policyholders commission and reinsurance accounting for Life Annuities and Retirement new business initiatives.

The Accounting Implementation - Financial Reporting Manager will partner with project leads to design and implement accounting for reinsurance initiatives ensuring Prudentials financial reporting remains best-in-class.

The successful candidate will also work closely develop relationships and become a trusted business advisor within the different FSO groups and to our business partners in Finance Actuarial Corporate Controllers Operations Separate Accounts Operations Product Strategy and Third-Party Administrators.

The current employee work arrangement for this position is Hybrid Newark and requires your on-site presence on a reoccurring basis as determined by your business.
Your manager will provide additional details relating the specific number of days you are expected to be on-site.

What you can expect:

• Implementation of new reinsurance initiatives and associated accounting which includes:
• Create project plans/deck support/lead project meetings identify/support resolution of open items/issues and update relevant documentation to support the new reinsurance transaction
• Review new reinsurance treaties and accounting policy guidance memorandums in conjunction with existing policyholder accounting to determine any new accounting or accounting elements required to support the reinsurance initiative
• Review new product design memorandums in conjunction with existing policyholder accounting to determine any new accounting or accounting elements required to support reinsurance initiatives
• Create and document a summary of the reinsurance initiatives and their unique accounting impacts of in a summary assessment
• Create Statutory and GAAP accounting examples/flows of new reinsurance transactions based on accounting guidance
• Partner with Reinsurance Program team to execute Table Maintenance System changes to support the accounting in the administration systems or reinsurance programs
• Support other FSO teams Operations and Finance in researching and resolving issues/questions related to reinsurance policyholder accounting
• Provide internal and external audit support on policyholder accounting
• Various ad-hoc requests as needed
  

What youll need:

• Accounting degree
• Minimum of 6 years of accounting experience
• Strong partnering written and oral communication skills
• Strong analytical and research skills
• Ability to meet deadlines prioritize and manage multiple assignments
• Self-motivated ability to work independently and as part of a team
• Detail oriented
• Willingness to learn
• STAT and GAAP reporting and Financial Information Systems knowledge a plus
• Strong PC Skills including Excel PowerPoint and Word
• Oracle ledger and PIPS sub-ledger knowledge a plus
• Knowledge of reinsurance accounting a plus
• Overtime required

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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.