Job Classification:
Finance & Accounting - Finance & AccountingAre you a detail-oriented, self-driven individual with accounting experience who loves tackling complex challenges and collaborating across teams? Do you want your work to drive real business outcomes and shape Prudential’s future?
As part of the Corporate Controllers Department and the CFO Organization of PFI, the Finance Services Organization (FSO) is responsible for the controllership activities in support of the U.S. business units including the International activities performed domestically. The Accounting Implementation Solutions (AIS) team within FSO supports assessing and establishing policyholders, commission, and reinsurance accounting for Life, Annuities and Retirement new business initiatives.
The Accounting Implementation-Financial Reporting Specialist will partner with project leads to support the assessment, design, and implementation accounting for new business initiatives, ensuring Prudential’s financial reporting remains best-in-class.
The successful candidate will also work closely, develop relationships, and become a trusted business advisor within the different FSO groups and to our business partners in Finance, Actuarial, Corporate Controllers, Operations, Separate Accounts Operations, Product Strategy, and Third-Party Administrators.
The current employee work arrangement for this position is Hybrid, Newark and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relating the specific number of days you are expected to be on-site.
What you can expect:
- Implementation of new accounting related to new business initiatives which includes:
- Creating Statutory and GAAP accounting examples of new transactions based on accounting guidance.
- Partnering with Operations to execute Table Maintenance System changes to support the accounting in the administration systems.
- Partnering with technology to test accounting transactions and reports programmed in the administration system/sub-ledger (PIPS) to ensure correct STAT and GAAP reporting.
- Updating relevant documentation to support the new business release.
- Processing and monitoring proofs and controls related to the administration systems to ensure accounting is correct. In addition, researching and resolving issues related to these proofs.
- Supporting other FSO teams, Operations and Finance in researching and resolving issues/questions related to policyholder accounting.
- Providing internal and external audit support on policyholder accounting.
- Various ad-hoc requests as needed.
What you’ll need:
- Accounting degree
- 1-2 years of accounting experience; strong foundational accounting skills being a primary requirement
- Strong partnering, written and oral communication skills
- Strong analytical and research skills
- Ability to meet deadlines, prioritize and manage multiple assignments
- Self-motivated, ability to work independently and as part of a team
- Detail oriented
- Willingness to learn
- STAT and GAAP reporting and Financial Information Systems knowledge a plus
- Strong PC Skills including Excel, PowerPoint, and Word
- Oracle ledger and PIPS sub-ledger knowledge a plus
- Overtime required
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
At Prudential, you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.
We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives.
You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.
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 [email protected].
If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.
Skills Required
- Accounting degree
- 1-2 years of accounting experience
- Strong PC Skills including Excel, PowerPoint, and Word
- Strong analytical and research skills
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.
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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.
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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.
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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
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.
