Financial Reporting Specialist - Investor Reporting (Hybrid)

Posted 6 Days Ago
Be an Early Applicant
Newark, NJ
71K-106K Annually
Mid level
Financial Services
The Role
The Financial Reporting Specialist will manage reporting processes and outputs, ensuring timely and accurate financial information while supervising junior team members. Responsibilities include preparing statutory disclosures for financial statements, conducting portfolio analysis, and supporting external audits.
Summary Generated by Built In

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 Financial Reporting Specialist would primarily be responsible for executing assigned tasks and would have ownership of reporting processes and outputs as well as supervise junior team members (located offshore). The successful candidate will be expected to produce timely, accurate and reliable financial information and enhance their understanding of investment accounting and reporting. This role requires utilizing financial applications (Oracle Enterprise Financial Data Warehouse (EFDW) and GAAP and Statutory Supplementals) to generate investment data in the preparation and/or review of the team’s deliverables.

What you can expect:

  • Statutory investment disclosures (Notes and MD&A) for quarterly and annual financial statements filed with various state departments of insurance and the National Association of Insurance Commissioners (NAIC)
  • Statutory investment disclosures (footnotes and MD&A) for annual audited financial statements
  • GAAP quarterly results preparation and analysis for various Senior Management packages
  • Investment related portfolio analysis for business partners
  • Information requests from various business partners (standard, ad-hoc)
  • Investment related surveys and analytics for external agencies (Rating Agency & IAIS)
  • Identification and implementation of process enhancements and efficiencies
  • Support of annual statutory investment disclosure external audits and SOX documentation

Qualifications:

  • Bachelor’s or Graduate degree in Accounting or Finance
  • 3+ years relevant work experience
  • Self-motivated and proactive; highly organized, conscientious and detail-oriented
  • Demonstrates analytical, conceptual and critical thinking and problem-solving skills
  • Excellent verbal and written communication skills
  • Strong interpersonal skills, capable of working collaboratively to accomplish shared objectives
  • Able to effectively prioritize and manage a complex workload in a dynamic, deadline-driven environment
  • Proficient with Microsoft Office applications (Excel, PowerPoint)
  • Experience with Prudential Financial systems a plus (Oracle, Essbase, GAAP Supplementals & Financial Statements applications)
  • Flexibility to work overtime as required during peak reporting cycles

It's be a plus if you had:

  • Experience in financial services
  • Knowledge of technical accounting principles and reporting requirements (SSAP and GAAP)
  • Knowledge of investment products
  • Experience with Prudential Financial systems (Oracle, Essbase, GAAP Supplementals & Financial Statements applications)
  • Supervisory experience or demonstrated leadership abilities

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

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 $71,100.00 to $105,900.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

  • 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 $1,600 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. 

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

Oracle
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The Company
Chicago, IL
3,593 Employees
On-site Workplace

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.

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