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Prudential Financial · 3 days ago

Director, Planning & Analysis - Enterprise Valuation Group

Newark, NJ

Full-time

Onsite

Senior Level, Lead/Staff

$152K/yr - $206K/yr

10+ years exp

Prudential Financial is seeking a results-oriented Director for their Enterprise Valuation Group within the ALM Finance department. The role involves preparing valuation subject analysis, consolidating oversight results, researching market data, and presenting quarterly reports to finance management.

Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement

H1B Sponsor Likely

Responsibilities

Participating in the group’s focus range from optimizing liquid core assets valuation routines to maximizing transparency on illiquid, non-core assets with obstacles including unobservable inputs, operational lags, non-GAAP financials etc

Monitoring emerging valuation topics related to GAAP/Statutory/SEC reporting requirements and serving as a subject matter expert for valuation and valuation oversight

Assisting manager to develop and implement asset specific and/or and company-wide policies and guidelines to comply with valuation reporting requirements and best industry practices

Advising business units in developing valuation procedures to comply with the Valuation Policy and Guidelines

Performing Quarter-end valuation reviews

Producing regular management reports on valuation oversight

Working with the fair value reporting team to improve fair value leveling

Performing other ad hoc valuation analysis to support financial reporting and management decision making

Qualification

GAAP accountingFinancial analysisValuation reportingFinancial security valuationASC 820Investment analysisPythonSQLCFAAnalytical skillsLeadership skillsCommunication skillsOrganizational skills

Required

Undergraduate or Graduate degree in Accounting, Finance, Economics or other relevant disciplines

10+ years experience in investment related financial analysis and reporting

Working knowledge of financial security valuation principles and practices

Ability work with cross-functional teams and deliver technology-driven solutions to investment analysis

Strong communication and interpersonal skills with an ability to interact effectively with other functions, peers, and senior managers

Reliable and accountable, with ability to work under tight time constraints

Strong organizational and analytical skills; high level of attention to details

Leadership skills and talent management awareness

Preferred

CPA, CFA, MBA, or Master of Financial Engineering

Experience with accounting and financial reporting practices (GAAP and STAT)

Fair value measurement and reporting (ASC 820)

Measurement of Credit Losses on Financial Instrument / CECL Current Expected Credit Loss (ASU 2016-13)

Various accounting treatments for debt securities, equity securities, equity methods, and consolidation requirements

Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01)

Working knowledge of investment IPV (Independent Price Verification) and valuation control procedures

Exposure to one or more of cashflow discount models, yield curve analysis, enterprise value models using sales or earnings multiples, sum of the parts (SOTP) business valuation methods, and valuations of options, interest rate swaps, foreign exchange swaps and other derivative instruments

Knowledge of ASC 820 fair value leveling, measurement, and disclosures

Candidates with proficiency in investment analytics and data analysis

Experience with one or more programming and investment tools such as Python, SQL, Tableau, Power BI, Cognos, R, Matlab, Capital IQ, Bloomberg, Intex

Auditing or consulting experience with a public accounting firm

Prefer experience with ASU 2016-01, Financial Instruments: Recognition and Measurement of Financial Assets and Financial Liabilities, ASC 320 (Debt), ASC 321(Equity) accounting treatment, ASC 323 (Equity Method and Joint Ventures), ASC 810 (Consolidation) and ASC 805 (Business Combinations)

Benefits

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.

Company

Prudential Financial

Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.

Founded in 1875

Newark, New Jersey, USA

10001+ employees

http://www.prudential.com

H1B Sponsorship

Prudential Financial has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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2024 (1)

2023 (1)