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Prudential plc · 1 day ago

Manager, Financial Reporting - Financial Services Org

Newark, NJ

Full-time

Hybrid

Mid, Senior Level

$114K/yr - $189K/yr

8+ years exp

Prudential is a leading financial services institution that values talent and growth. The Manager of Financial Reporting will oversee the financial close responsibilities, ensuring accurate completion of general ledger close activities, while guiding staff and supporting various business units and audits.

Asset ManagementConsultingFinancial ServicesHealth CareInsurance

Responsibilities

Ensure timely and accurate completion of general ledger close responsibilities by staff, including review and approval of journal entries and reconciliations

Serve as a point person for multiple business units and corporate areas for any requests on close activities, reinsurance and new initiatives

Supervise and guide offshore Staff

Seek out and/or develop efficiencies and improve effectiveness by instituting best practices in processes

Support quarterly/annual audits by Internal Audit, as well as, independent external auditors

Ensure adequacy of internal controls over financial reporting and compliance with Sarbanes-Oxley and Model Audit Rule requirements

Support Reinsurance and new products launches as well as other project initiatives as assigned

Prepare specific balance sheet and income statement driver analyses and reconciliations (i.e. Actuarial drivers, GAAP trending and variances, etc.)

Continuously monitor workload balance across Associates and adjust as necessary

Champion FSO values and process design principles with Staff and business partners

Qualification

AccountingGAAP knowledgeStatutory accountingInsurance experienceMicrosoft ExcelAnalytical skillsProblem solvingOrganizational skillsCommunication skillsCollaborative skills

Required

Bachelor's or Graduate degree in Accounting or Finance (CPA a plus)

Minimum eight (8) years of related experience

Knowledge of GAAP and Statutory accounting principles

Insurance and/or Reinsurance experience required

Ability to manage multiple responsibilities under challenging time frames

Strong organizational, analytical and problem solving skills

Strong collaborative and partnering skills

Highly motivated, proactive, detail oriented

Strong Microsoft Excel skills

Excellent oral and written communication skills

Ability to work overtime during peak periods

Preferred

Experience with Prudential Financial systems a plus (Oracle, Oracle BI, Essbase/Smartview, & other financial statement applications)

Benefits

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.