Manager, Financial Reporting

Posted Yesterday
Be an Early Applicant
Newark, NJ, USA
In-Office
115K-189K Annually
Senior level
Financial Services
The Role
Lead preparation and review of subsidiary and consolidated GAAP financial statements and disclosures, support 10-K/Q filings, manage audits and regulatory filings, implement new accounting guidance, improve reporting controls and processes, and coach finance staff.
Summary Generated by Built In

Job Classification:

Finance & Accounting - Finance & Accounting

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock an exciting and impactful career — all while growing your skills and advancing your profession at one of the world’s leading financial services institutions.

The Manager, Financial Reporting, will play a leadership role within Prudential’s Corporate Controllers Department, part of the CFO Organization. This team is responsible for GAAP reporting across various legal entities, including subsidiary financial statements, disclosures, analysis, regulatory filing submissions, and internal and external audit support.

In this role you will lead key reporting activities for domestic and international subsidiaries, ensure accurate and timely financial statements and disclosures, and help strengthen financial reporting processes and controls. You will also support special projects, new accounting guidance implementation, and cross-functional initiatives involving new investment subsidiaries.

As a manager you will also oversee subsidiary financial statements, disclosures, and regulatory filings while gaining exposure to PGIM’s asset management business and GAAP and SEC financial reporting requirements. You will collaborate closely with Business Unit Finance, PGIM Controllers, PGIM Businesses, Investment Operations, external auditors, and other corporate partners.
 

What you can expect

  • Coordinate and prepare financial statements and disclosures for domestic and international subsidiaries, including legal entity financial statement driver analysis, while ensuring control, timeliness, and accuracy.

  • Prepare, review, and analyze reporting data for disclosures included in Prudential Financial, Inc. 10-K/Q filings and subsidiary financial statements.

  • Partner with Business Unit Finance teams, asset management areas, corporate departments, and other internal stakeholders on accounting and reporting matters.

  • Coordinate and complete stand-alone audited financial statements and footnote preparation, working with external auditors and internal support teams to support filings with SVO, domestic and international regulators, and banks.

  • Participate in cross-business unit and functional area projects related to the structuring and implementation of new investment subsidiaries.

  • Assist with the implementation of new or updated GAAP accounting guidance.

  • Identify opportunities to improve efficiency, strengthen processes, and promote best practices across reporting activities.

  • Provide leadership, coaching, and development opportunities for staff members.

  • Ensure internal controls over financial reporting are adequate and compliant with Sarbanes-Oxley requirements.

  • Lead or participate in special projects, initiatives, and ad hoc reporting and analysis requests.

What you’ll need

  • Bachelor’s or graduate degree in accounting, finance, or a related field.

  • 5-7 years of financial reporting and analysis experience.

  • Highly motivated and analytical thinker.

  • Able to work through complex issues and reach well-supported conclusions.

  • Delivers results in a fast-paced environment.

  • Demonstrates strong attention to detail.

  • Manages multiple priorities effectively.

  • Brings a collaborative leadership style that fosters positive team relationships.

It’d be a plus if you had

  • CPA or MBA.

  • Experience in investment accounting or reporting.

  • Experience with Prudential Financial systems, including Oracle, Essbase, GAAP Supplementals, and/or Workiva.

  • Experience working in matrixed teams.

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 $114,500.00 to $188,900.00. 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).

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 [email protected]


If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

Skills Required

  • Bachelor's or graduate degree in accounting, finance, or related field
  • 5-7 years of financial reporting and analysis experience
  • Experience coordinating and preparing subsidiary financial statements and disclosures
  • Knowledge of GAAP reporting and SEC filing processes (10-K/Q)
  • Ability to manage multiple priorities, work through complex accounting issues, and deliver results in a fast-paced environment
  • Strong attention to detail and analytical thinking
  • Collaborative leadership style with experience coaching and developing staff
  • CPA or MBA
  • Experience in investment accounting or reporting
  • Experience with Prudential Financial systems, including Oracle, Essbase, GAAP Supplementals, and/or Workiva
  • Experience working in matrixed teams

PGIM Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PGIM and has not been reviewed or approved by PGIM.

  • Healthcare Strength Health coverage includes comprehensive medical, dental, and vision options, complemented by behavioral health programs and wellness reimbursements. On-site fitness centers and health coaching further support physical and mental well-being.
  • Retirement Support Retirement programs feature a 401(k) with company match and a company-funded pension, with access to an employee stock purchase program. Student loan repayment assistance and savings plans add to long-term financial support.
  • Wellbeing & Lifestyle Benefits Work-life balance is reinforced by flexible/hybrid work options, paid holidays and sick allowances, and amenities like gym access, free parking, and an affordable cafeteria in some locations. Tuition reimbursement, commuter benefits, and broad work/life resources extend lifestyle support.

PGIM Insights

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The Company
HQ: Newark, NJ
3,593 Employees

What We Do

PGIM, the investment management business of Prudential Financial, Inc.* is a multi-manager that delivers industry-leading strategies and solutions to clients. Each business maintains its own investment process and culture, allowing for a singular focus on delivering investment returns for clients. The PGIM businesses offer investors a wide range of investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Clients of PGIM can rely on superior long-term performance, risk management expertise and innovative products to help them realize a wide range of business objectives. In addition, PGIM uses its collective knowledge and business expertise to work with public, private and non-profit sector partners to create solutions that address critical social issues that have an enduring impact. *Prudential Financial, Inc. 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.

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