Job Classification:

Finance & Accounting - Finance & Accounting

This position is part of the GAAP Consolidation unit of the External Financial Reporting area within Corporate Controllers and is responsible for the consolidated GAAP financials for Prudential Financial, Inc. (PFI) and its subsidiaries. The GAAP Consolidation unit assists business groups with accounting treatment related to enterprise financial reporting and responds to various requests for consolidated financial information. The unit supports both internal and external reporting requirements by coordinating the consolidations of financial statements by profit centers, segments, and legal entities.

Job responsibilities include, but are not limited to:

• Prepare and/or review consolidated financial statement information and footnotes for inclusion in Forms 10-Q and 10-K filings

• Analyze variances between periods for reported information in the financial statements and footnote disclosures

• Review deliverables with management

• Support the GAAP ledger close process, including late journal process and GAAP supplementals maintenance

• Manage completion of XBRL filings in connection with Forms 10-Q/K filings

• Partnering with various business groups, SEC Reporting and Accounting Policy on accounting and reporting issues

• Work with external and internal auditors on quarterly and annual audit work

• Lead and develop staff members

• Assist in special projects involving enterprise initiatives including the implementation of new accounting guidance (e.g., Targeted Improvement of Long-Duration Contracts (LDTI))

  • Targeted Improvement of Long-Duration Contracts

  • Manage the coordination, preparation, and completion of LDTI financial statements and footnote preparation, including collaboration with internal and external auditors, Enterprise Valuation and Business Unit Finance Teams.

  • Develop and deliver ad hoc and recurring reporting and analysis packages for senior management.

  • Lead the monitoring/facilitating of the stakeholder review process for the LDTI disclosure/reporting packages, including initiating meetings with Enterprise Valuation and Corporate Accounting Policy to ensure the underlying material is presented clearly and accurately.

  • Play a lead role in updating LDTI reporting packages to reflect refinements, updates to prior periods, etc. This requires strong partnership with Actuarial and Business Unit teams.

  • Partner with other workstreams, as well as internal and external audit teams to ensure all processes are operating under a well-controlled environment.

  • Identify processes that can be streamlined and build in control checks to minimize data reconciliation efforts and increase focus on analytics. Explore opportunities to maximize technology and eliminate manual effort.

Qualifications:

• Bachelors degree in Accounting or Finance preferred

• GAAP accounting knowledge

• Strong analytical, organizational, and problem solving skills

• Understanding of Oracle/PFAP Financial Reporting System/supplemental a very strong plus

• Ability to work on multiple projects/deliverables under tight time constraints

• 5 to 7 years of experience in financial reporting and accounting type functions

• Strong interpersonal and communications skills

• Strong project management and staff development skills

• Highly motivated, team player that is detail oriented

• Knowledge of Microsoft Excel and Word expected

• Overtime is required during peak periods

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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.