Financial Reporting Associate

Position Overview

At Prudential, the ALM – Treasury Controllers group is seeking a Financial Reporting Associate. In this role, you will be responsible for preparations and reviews of daily, monthly, and quarterly financial reporting for Prudential Global Funding (PGF) – a critical subsidiary facilitating derivative and related activities. You will help analyze and communicate derivative, cumulative translation adjustment (CTA) and debt/treasury stock activities to senior management and various Prudential businesses. The position features a Hybrid work arrangement with recurring on-site presence.

Key Responsibilities

• Complete the daily profit & loss (P&L) statements and accounting entries for investment activity, including interaction with derivative Traders.
• Prepare the PGF subsidiary monthly and quarterly book close journal entries and reconcile ledger accounts to supporting system reports or data.
• Assist in the preparation of the subsidiary’s quarterly stand-alone financial results and analysis presentation for senior management.
• Prepare PGF stand-alone annual reports, including financial statements and footnotes.
• Monitor daily derivative trades for proper hedge code assignment.
• Consolidate and analyze derivative results by strategy for international subsidiaries on a quarterly basis.
• Coordinate with PGF Operations, Documentation Group, Systems, international subsidiaries, Treasurers, Investment Risk Management, and internal/external auditors.
• Ensure all accounting and financial reporting processes meet Sarbanes-Oxley requirements.
• Support department projects and ad-hoc requests.
• Assist in monitoring, analyzing, and presenting company-wide foreign currency exposure and cumulative translation adjustment (CTA) impacts.
• Support periodic forecasting of derivative results for PFI.

Required Qualifications

• Undergraduate degree, preferably in Accounting or Finance.
• Self-motivated and proactive with the ability to work independently and as part of a team.
• Good analytical and problem-solving skills.
• Proficient in Microsoft Excel, including advanced formulas and functions.
• Highly organized and detail-oriented.
• Excellent interpersonal, communication, and partnering skills.
• Ability to effectively prioritize and manage time in a fast-paced, dynamic environment.
• Experience with Oracle general ledger and associated reporting tools, with Finastra Summit being a plus.
• Flexibility to work overtime as needed.

Benefits & Perks

• Salary Range: $51,200.00 to $76,200.00 (specific pricing may vary based on location, experience, and skills).
• Market competitive base salaries with 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 with up to $1,600 annual reimbursement for personal wellbeing needs.
• Work/Life Resources covering topics like parenting, housing, senior care, finances, pets, legal matters, education, mental health, and career development.
• Education Benefit to support traditional college enrollment and accredited certificate programs.
• Employee Stock Purchase Plan with shares available at 85% of the lower price (beginning or end of purchase period) after one year of service.