Financial Reporting Specialist (Hybrid)

Job Classification: Finance & Accounting - Finance & Accounting We are looking for a Financial Reporting Specialist to join our Corporate Controllers Department. As part of the Corporate Controllers Department and the Finance & Actuarial Community (FAC) of PFI, the External Reporting Teams subsidiary reporting area is responsible for the controllership activities in support of the U.S. business units, domestically based investment & operating international entities, as well as PFIs domestic Employee Benefit Plans. The team supports GAAP reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, economic surveys, and internal / external audit support. The team partners with various Business Unit Finance areas, individual PGIM Businesses, Investment Operations, and other corporate areas such as Tax, Treasurers & Law. The Financial Reporting Specialist will support the execution of various subsidiary financial statements, disclosures, and regulatory filings, while gaining exposure to the companys investment and operating entities owned by various businesses, as well as GAAP financial reporting requirements. This position is hybrid out of our Newark, NJ office. What you'll do: Preparation of various subsidiary financial statements and reporting disclosures, legal entity financial statement driver analysis, while ensuring the control, timeliness, and accuracy of the financial statements Preparation of quarterly analysis and reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements Partner with various Business Unit Finance teams, corporate areas and other internal business partners on accounting and reporting matters Preparation of stand-alone audited financial statements and footnote preparation (including collaboration with external auditors and several internal support teams) which are filed with domestic and international regulators, and/or used for business unit purposes Assist with the implementation of new or updated GAAP accounting guidance Support annual PFI-wide audits by internal or external auditors Maintain internal controls over financial reporting and compliance with Sarbanes-Oxley requirements Continuously identify efficiencies and improve effectiveness by determining best practices Support special projects, initiatives, ad-hoc reporting, and analysis requests What you'll need: Bachelors or Graduate degree in Accounting or Finance (CPA or MBA a plus) 3 - 5 years of financial reporting and analysis experience Investment accounting, reporting experience and knowledge of GAAP accounting principles Strong research, analytical, problem-solving and communication (written and verbal) skills Ability to manage multiple responsibilities and effectively prioritize workload within tight deadlines in a fast-paced environment Proficient in Microsoft Excel (macros, pivot tables, lookups) Ability to build collaborative relationships and partner on various assignments Experience with Prudential Financial systems (Oracle, Essbase and Workiva) 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 $70,300.00 to $116,100.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. 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. 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 accommodations.hw@prudential.com. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudentials diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudentials iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We dont just accept differencewe celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential. PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIMs businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com. Prudential Financial, Inc. (PFI) 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. For more information please visit news.prudential.com. PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI 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. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We dont just accept differencewe celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.