Financial Reporting Associate
Location:
Newark , New Jersey
Posted:
November 17, 2017
Reference:
7988234

Prudential Financial, Inc. (PFI) 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.  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.

The Investment Reporting and Analysis Group within Asset & Liability Management (ALM) Finance maintains a dual reporting role to both ALM senior management and Corporate Controllers and is responsible for preparing and analyzing financial results for the investment portfolio of PFI and its subsidiaries. Among its many responsibilities, the Group completes the quarterly/ annual GAAP investment disclosures in external filings such as the investment footnotes (PFI and stand-alone entities), Management’s Discussion and Analysis (MD&A), and Quarterly Financial Supplement (QFS). In addition to reporting for external constituents, the Group contributes to several management reporting packages including the investment results review and earnings call preparedness materials and provides other investment-related support to various Corporate areas and Business partners. In doing so, the Group is able to interact and collaborate with colleagues within the department and across the organization.

The Financial Reporting Associate would primarily be responsible for executing assigned tasks under general guidance and supervision with opportunity to assume more responsibility. The successful candidate will be expected to produce timely, accurate and reliable financial information and form a basic understanding of investments, the related accounting principles and reporting requirements. This role requires utilizing financial applications and reporting platforms (Oracle general ledger, Essbase, and Workiva) to generate investment data in the preparation of the team’s deliverables which include but are not limited to:

  • GAAP investment disclosures (footnotes and MD&A) for SEC filings (Form 10-Q, 10-K, 8-K)
  • eXtensible Business Reporting Language (XBRL) tagged interactive financial statement data for SEC filings
  • Investment data for Investor Relations (earnings teleconference call materials)
  • Investment portfolio analysis for business partners and various Senior Management packages
  • Information requests from the Chief Investment Officer Organization, Enterprise Risk Management and various other business partners (standard, ad-hoc)
  • Coordination with control partners and external auditors during review processes
  • Identification and implementation of process enhancements and efficiencies


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