Job Classification:
Finance & Accounting - Finance & AccountingThe Asset Liability Management Finance (ALM) Treasury Controllers unit within the Financial Services Organization (FSO) of Prudential Financial Inc. (PFI) is seeking a Director of Financial Reporting.
The Treasury Controllers unit is primarily responsible for PFIs derivative reporting analyzing and communicating actual and forecasted GAAP Statutory (STAT) and AOI basis derivative results to senior management Prudential businesses and external filings under applicable standards. The unit is also responsible for supporting strategic initiatives involving derivatives associated AOI policies reporting and analysis of foreign exchange (FX) activities monitoring and analysis of company-wide cumulative translation adjustment (CTA) Controllership of Prudential Global Funding (PGF) a subsidiary of PFIs derivative transactions and certain other external reporting responsibilities.
Successful factors include strong communication and partnering skills inquisitive nature self-motivated to make applicable changes to status quo a track record of effectively leading and developing a team and capability to work under tight time frames and ability to foster effective working relationships with key partners (e.g. Investment Operations External Reporting etc.) across the organization.
The current employee work arrangement for this position is Hybrid out of 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:
Overseeing the reporting and analysis of Derivative STAT basis results for each insurance legal entity (i.e. PICA Pruco PLNJ)
Overseeing the compilation of GAAP and STAT related debt footnotes for PFI (10Q/K) and each legal insurance entity (PICA/PLAZ/PLNJ)
Overseeing the production analysis and reporting of the STAT basis forecast for derivatives
Certain accounting and reporting deliverables of the companys Treasury Stock
Supporting the application of Statutory guidance to strategic initiatives involving derivatives
Ensuring effective internal control environment (e.g. Compliance with SOX/MAR controls)
Potential dotted-line responsibilities for other financial reporting deliverables within ALM Finance
What youll need:
Bachelors degree in accounting or finance
Sound understanding of applicable accounting pronouncements
Experience of investments and derivatives is a plus
Solid knowledge of Microsoft office suite particularly Excel
Track record of financial reporting and analysis
Strong sense of teamwork and ability to develop talent
Itd be a plus if you had:
CPA designation preferred
Big 4 experience
CFA or MBA designation
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.
Prudential Financial Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion national origin ancestry sex sexual orientation gender identity national origin genetics disability marital status age veteran status domestic partner status medical condition or any other characteristic protected by law.
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Required Experience:
Director