Associate Manager, Financial Reporting (hybrid)

Skills :     Assistant Manager

Job Description:

Job Classification:

Finance & Accounting - Finance & Accounting

Prudential Financial, Inc. (PFI) is a multi-national financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit www.prudential.com.

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

The Financial Accounting & Analysis (FSS 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 role will mainly support the Individual Life Business Units Finance.

The team partners closely with Business Unit Finance areas as well as Actuarial, other corporate areas and EXL offshore team.

Individuals at this level typically have some understanding of the firm’s 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.

Primary responsibilities include, but are not limited to:

• Ensure timely and accurate completion of general ledger close responsibilities, which can include review and approval of journal entries and reconciliations
• Prepare specific balance sheet and income statement driver analyses and reconciliations (i.e., Actuarial drivers, GAAP trending and variances, etc.)
• 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 Sarbanes-Oxley requirements
• Participate in special projects, initiatives, ad-hoc reporting and analysis requests
• Champion FSS values and process design principles with staff and business partners

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Note: 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 $86,300.00 to $128,400.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for a standard benefits package including paid time off, medical, dental, and retirement.