Associate Manager, Investment Operations | Private Accounting and Trade Management - PGIM Global Services ( Hybrid, Tampa, FL Or Newark, NJ)
Job Classification:
Investment Management - Investment Operations
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!
If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.
At PGIM, You Can!
What You will do
We are looking for an Associate Manager, Investment Operations to join our Private Accounting and Trade Management team which is part of PGIM Global Services.
As an Associate Manager in Private Accounting and Trade Management team, you will be responsible for validating of portfolio and transaction level activity including trades, income payments, corporate actions, and deal restructurings in sub-ledger systems; Preparing and verifying general ledger entries; Completing reconciliations to custody banks, trade systems and financial statements; In addition to providing various reports to business partners. Your contributions will be vital in ensuring a controlled and efficient working environment, making a significant impact on the success of Prudential's business units. Embrace the challenge and be part of a team dedicated to excellence and innovation in the world of investment operations.
This position is based in one of our offices in Tampa, Florida or Newark, NJ 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
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Reconcile cash activity to bank, work with bank on discrepancies.
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Prepare and verify general ledger entries. Prepare monthly reconciliations of balances between the accounting system and the general ledger.
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Ensure fund financial statements balances are in accordance with GAAP & STAT principles.
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Interface with various clients and business partners
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Prepare data for use in financial statement disclosures.
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Provide support for various audits with internal and external auditors.
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Work with the Technology team on systems improvements to the accounting system
What you will bring
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Bachelor’s degree in accounting, Finance, Economics, or related field.
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6+ years of experience in Accounting/Investment Operations with supervisory experience is required.
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Detailed oriented with ability to organize and prioritize tasks and work in a deadline oriented and fast paced environment.
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Strong Leadership skills
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Strong accounting, research, analytical and problem-solving skills.
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Strong interpersonal, communication and partnering skills.
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Proficient in Excel
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Ability to understand and analyze basic accounting principles and financial statements.
What will set you apart?
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Public accounting experience and/or CPA a plus
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Private Equity experience a plus
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Strong familiarity with Prudential systems a plus (Oracle ledger, Investran, MRI)
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
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 $85,000 to $105,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
What we offer you:
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Market competitive base salaries, with a yearly bonus potential at every level.
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Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
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401(k) plan with company match (up to 4%).
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Company-funded pension plan.
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Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
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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.
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Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
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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.
If you need an accommodation to complete the application process, please email [email protected].
If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.
Top Skills
What We Do
PGIM, the investment management business of Prudential Financial, Inc.* is a multi-manager that delivers industry-leading strategies and solutions to clients. Each business maintains its own investment process and culture, allowing for a singular focus on delivering investment returns for clients.
The PGIM businesses offer investors a wide range of investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Clients of PGIM can rely on superior long-term performance, risk management expertise and innovative products to help them realize a wide range of business objectives.
In addition, PGIM uses its collective knowledge and business expertise to work with public, private and non-profit sector partners to create solutions that address critical social issues that have an enduring impact.
*Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.
