Financial Reporting Specialist, Accounting Implementation (Hybrid - Newark, NJ)

Accounting Implementation Reporting Specialist

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

Are 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 our Accounting Implementation Solutions (AIS) team, you'll play an important role in setting up the automated accounting for reinsurance and making an impact on our business and customers. We're seeking an Accounting Implementation Reporting Specialist ready to innovate and grow with us.

The Financial Reporting Specialist, Accounting Implementation will partner with project leads to design and implement accounting for reinsurance 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 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 :

• Implementation of new accounting related to reinsurance 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 or reinsurance programs.
• 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 and reinsurance programs to ensure accounting is correct. In addition, to 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.
• Overtime required.

What you'll need :

It'd be a plus if you had :

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.

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 $72,900.00 to $108,600.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

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.

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 accommodations.hw@prudential.com. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.