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Prudential plc · 1 month ago

PGIM-Associate Manager, Accounting

Dallas, TX

Full-time

Onsite

Mid Level

3+ years exp

Prudential is a global asset management firm committed to improving financial services and making a meaningful impact. The Associate Manager, Accounting role involves overseeing accounting and investor reporting functions, ensuring accuracy in financial records, and supporting audit processes while optimizing operational efficiencies.

Asset ManagementConsultingFinancial ServicesHealth CareInsurance

Responsibilities

Performs monthly close reasonableness reviews including but not limited to income analysis, interest accruals, & book value roll forwards

Responsible for reconciling the general ledger for both GAAP and Statutory accounts on a monthly basis, between the mortgage loan servicing system and the GL, and other downstream reporting systems (e.g. unpaid principal balance, escrows, reserves, premium/discount amortization, fee income, interest income, etc.)

Responsible for the accounting and maintenance of deferred income/expense items and reconciliation of the system calculated yield to ledger book yields

Prepare month end trial balances and other financial reports for all portfolios, as requested. (e.g. fee income, misc income, gains/losses, statutory Schedule B, GAAP supplemental, etc.)

Assist with audit requests, SOX experience helpful

Assist Accounting Manager with other ad hoc financial analysis, reconciliation as needed

Completes all work to meet critical deadlines for month-end and time lines for reconciliations

Maintains orderly and complete accounting records for audits or management inquiry

Advise Manager and management of financial items/issues

Prepare daily valuations, financial statements and remittances files while coordinating with both internal and external parties related to reporting

Interpreting servicing agreements, government regulations, accounting manuals, and loan documents to ensure accounting and reporting requirements are being met

Prepare applicable journal entries based on reconciliations

Prepare monthly accruals and market value adjustments

Assist with process automation

Qualification

Accounting experienceGAAP knowledgeFinancial reportingMicrosoft ExcelInformation Systems knowledgeAnalytical skillsCustomer service skillsMultitasking abilityProcess automationMortgage accounting experienceForeign investments knowledgeCommunication skillsInterpersonal skillsOrganizational skillsProblem-solving skillsAttention to detailTeam collaboration

Required

Bachelor's degree in Accounting or related business degree required with a minimum of Intermediate Accounting I & II

3-5 years of accounting experience in a financial services environment or 2-3 years public accounting required

1-3 years of experience with Information Systems related to Accounting functions. Ideally the successful candidate would possess working knowledge of sub ledger to general ledger feeds as well as databases and how they function

The candidate should possess excellent communication skills, both oral and written

Excellent interpersonal and customer service skills are essential

Must possess strong organizational skills and attention to detail

Strong analytical and problem-solving skills

Exceptional Microsoft Office skills (Excel, Word) is required

The candidate should have the ability to multitask, self-motivate, and prioritize work effectively in a face paced environment

They should enjoy problem solving and collaborating in a team environment

Preferred

Mortgage or Insurance industry accounting experience and/or CPA preferred but not required

Experience with foreign investments (FX conversions) is helpful but not required

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.