Job Classification:
Finance & Accounting - Finance & Accounting
Are you a motivated and resourceful individual? The Controllership team is seeking a Manager to provide strategic advisory support to Prudential’s Retirement Strategies business, both the Individual and Institutional Retirement segments. This position will support the existing Retirement Strategies Accounting Policy and Control team. The Manager will work closely with business partners to support the review of ongoing and strategic transactions to achieve sound accounting conclusions ultimately contributing to controlled financial results. The manager will also be exposed to products including fixed, variable and index insurance products, reinsurance, strategic M&A and other products.
The role will require significant coordination with business unit controllers, corporate accounting policy, and the financial shared services organization. The position offers an excellent opportunity to utilize leadership skills and play an active role in partnering with the Business to evaluate strategic initiatives.
The current EWA is Hybrid, Newark, NJ hybrid (minimum 3 days/week in office). Will consider virtual work arrangements for those outside a commutable distance to Newark.
What you can expect:
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Support the assessment of accounting and implications of Products, financial matters and transactions; Interact directly with the business and product teams to help support the accounting for new products. Provide support on appropriate application of US GAAP and Statutory Policies to finance and business partners
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Perform Accounting impact analysis for various financial, M&A and Reinsurance transactions
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Show aptitude to evaluate Investment and Insurance products under the relevant guidance - (ASC 944 (Insurance Accounting) and ASC 320 (Investment Accounting))
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Establish and maintain strong working relationships with key functional areas including Retirement Strategies Finance, Accounting Policy, Risk, and Treasury among others.
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Coordination of quarterly close control requirements for Retirement Strategies business
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Partner with FACT, Risk Management, and Internal Audit to ensure that the SOX program is operating effectively
What you’ll need:
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Undergraduate degree in Accounting or Finance
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Big 4 Accounting experience (financial services firms, banks, asset management, and insurance company experience is a plus)
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Accounting advisory/research skills
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Sox controls experience and skills
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Strong written and oral communication skills and the ability to interact effectively with senior business and finance management
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Strong analytical skills with a close attention to detail
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The ability to succeed both independently and as a part of the team
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Proven ability to manage multiple deliverables and meet deadlines
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Strong PC skills including Excel, Word, and PowerPoint
It’d be a plus if you had:
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CPA or MBA
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M&A experience
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 $118,700.00 to $176,600.00. 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.
