Associate Manager, Financial Reporting

Job Classification: Finance & Accounting - Finance & Accounting At Prudential, we believe talent is key to achieving our vision. When you join Prudential, youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions! Are you self-motivated and highly proactive in offering constructive solutions? The Broker Dealer Financial Reporting team has an opening for an associate manager to join the team. This Associate Manager will be responsible for all accounting and financial reporting activities of the broker dealers. The Broker Dealer Financial Reporting team within Corporate Controllers is responsible for preparing legal entity financial statements (both GAAP and regulatory) for three Broker Dealers (BDs) including Prudential Investment Management Services ( PIMS), Pruco Securities (PRUCO), and Prudential Annuities Distributors Inc. (PAD). These BDs are registered with the SEC and are the distributors of various securities products, including Prudentials proprietary mutual funds and variable life annuity products. These BDs are members of the Financial Industry Regulatory Authority, Inc (FINRA). PIMS also acts as a clearing broker responsible for execution, clearance & other services for the daily mutual fund trading activity in Prudential Retirement Services (PRS) mutual fund platform. The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site. What you can expect: Responsible for the preparation and assembly of regulatory (FOCUS) and GAAP financial statements & supporting financial analyses for Prudentials three broker dealers. Maintain an awareness of existing and emerging regulatory and GAAP reporting requirements of a registered broker-dealer. General accounting & financial reporting responsibilities include preparation of daily, weekly, and monthly journal entries with supporting analyses. Also includes extensive partnering & support with key business partners. Participate in preparation of weekly SEC Rule 15c3-3 (customer protection) computation (segregated cash balances wired timely into Special Reserve bank account). Gather and review financial support including account analyses, trade blotters, registered representative count, and trade statistics, business metrics, and data mining. Interface with internal and external auditors in the conduct of their periodic reviews of the broker dealers. What youll need: Undergraduate degree in Accounting of Finance (advanced professional degree, a strong plus) 3-5 years experience in broker dealer accounting & financial reporting preferred Solid general understanding of financial markets and investment products Strong analytical, interpersonal and communication skills Strong PC skills including Excel, PowerPoint and Word Ability to manage multiple assignments and priorities simultaneously Ability to work independently and as a part of various teams Adaptable to change and transition Ability to work overtime required during peak periods Itd be a plus if you had: CPA license Experience with Oracle G/L system Demonstrated leadership or supervisory abilities 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. People who have successfully developed their skills in this role have taken leadership responsibilities across the team and business. 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 including 1:1 Career advice, on demand resources and networking to propel your career forward. Were a global organization, full of outstandingly dedicated people who arent 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. What we offer you: 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 Retirement plans: 401(k) plan with company match (up to 4%) Company-funded pension plan Wellness Programs to help you achieve your wellbeing goals, 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. Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations. 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. To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. #LI-KG1 #LI-HYBRID Note: Prudential is required by state... Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Created: 2024-11-05