Job Classification:
Finance & Accounting - Finance & Accounting
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions.
The Treasury Controllers unit is primarily responsible for Prudential Financial Inc’s (PFI’s) derivative reporting, analyzing and communicating actual and forecasted results to the senior management, Prudential businesses and external disclosures under US GAAP and Statutory accounting standards. The unit is also responsible for supporting strategic initiatives involving derivatives and associated Adjusted Operating Income (AOI) policies, derivative reporting for Federal and Global regulatory supervision, external disclosures of PFI’s debt, and financial reporting of Prudential Global Funding (PGF), a subsidiary housing PFI’s derivative transactions.
The Derivatives Reporting Team within Treasury Controllers is responsible for the oversight of Prudential's derivative activity and for the reporting, analyzing, and communicating derivative results on a GAAP and AOI basis quarterly to Senior Management and the Prudential Businesses. The team is responsible for internal management and external (SEC) reporting including the Derivative Footnote and the derivatives sections within the Investment MD&A and Fair Value Footnote.
What you'll do:
- Analysis of quarterly derivatives actual results for domestic business units.
- Quarterly derivatives analysis (AOI and GAAP) for the Investment Results Package for Senior Management.
- Assist with the preparation of the 10Q/10K derivative disclosures (PFI, Pruco and PLNJ), including the Footnote, analysis of reported Realized Gains/Losses in the MD&A and the derivative Fair Value disclosures.
- Hedge accounting and hedge effectiveness testing documentation across the company.
- Work with various systems; Oracle (Prudential General Ledger), SUMMIT derivative valuation system, Power BI, IRISK and GAAP Supplemental tool.
- Partner closely with internal and external auditors, Investment Operations, GAAP Consolidation, and SEC Reporting areas.
- Design, automate and maintain various spreadsheets used to compile and analyze data.
What you'll need:
- Undergraduate degree in Accounting or Finance.
- 0-3 years of accounting / financial analysis experience.
- Advanced proficiency in Microsoft Office Suite (Microsoft Excel strongly recommended).
- Team-oriented with strong interpersonal skills.
- Must be able to work independently and as a part of the team in a fast-paced, ever-changing and challenging environment.
- Overtime required during peak period.
It be great if you had:
- CPA track
- Familiarity with Oracle, XBRL
What we offer you: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 $59,300.00 to $88,300.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
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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.
