Senior Treasury Operations Specialist

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Newark, NJ, USA
In-Office
Financial Services
The Role

Job Classification:

Finance & Accounting - Finance & Accounting

Global Technology & Operations (GTO) Treasury Operations executes the daily reconciliation of more than 6,000 cash, check, and intercompany settlement accounts for Prudential’s US businesses, Corporate Centers, and international entities such as PGIM UK and Prudential of Mexico. The team is also responsible for financial reporting and supporting business initiatives impacting cash reconciliation.
Your Team:
Treasury Ops is a high performing, learning oriented team where hard work and results go hand in hand. We foster an open, inclusive culture where every idea is respected. If you are looking to join a place where you will be challenged, valued, and empowered to grow, this is the team for you.
Location: Newark, NJ hybrid (minimum 3 days/week in office)
What You Can Expect:
The Treasury Operations Specialist will work both independently and collaboratively with the Treasury Operations team, business partners, and participating banks to reconcile and correlate bank activity to ledger activity for assigned accounts. Treasury Operations cash reconciliation ensures compliance with Enterprise cash standards, Sarbanes Oxley (SOX), Statutory, and GAAP reporting requirements. Reporting to the Director, Treasury Operations, this position is ideal for a proactive individual with strong attention to detail who can also think strategically about big-picture concepts and ideas. In addition to core reconciliation duties, the candidate will have the opportunity to work on high-impact financial reporting and innovative projects.
Specific responsibilities will include, but are not limited to:
• Complete end-to-end reconciliation and analysis of cash, check, and intercompany settlement activity across multiple business lines.
• Proactively investigate reconciliation variances, communicate findings to business partners, and escalate issues when appropriate.
• Review and analyze monthly reconciliation reports and resolve open items in a timely manner.
• Serve as the Prudential Account Signoff (PASS) Gatekeeper, ensuring every reconciliation point is assigned to a responsible owner and all sign-off requirements are met in accordance with policy.
• Review, process, and distribute incoming paper mail received in the office, ensuring timely and accurate delivery to the appropriate teams and stakeholders.
• Assist in daily oversight and direction of offshore Production Team (three individuals).
• Identify and champion process improvement initiatives, driving ongoing efficiency and innovation across Treasury Operations.
• Actively share knowledge and new ideas, contributing to a learning-oriented, high-performing team culture.
 
What You Will Need:
• Bachelor’s degree in Accounting, Finance, or equivalent financial experience, required.
• 3+ years experience in financial reporting; familiarity with Oracle Financial Business Suite strongly preferred.
• Demonstrated ability to solve complex problems, drive continuous improvement, and lead change in dynamic environments, with a strong commitment to ongoing learning.

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 [email protected]. 

 

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

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The Company
Chicago, IL
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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