PGIM Global Services-Investment Operations Specialist (Hybrid-Tampa,FL /Newark,NJ) (Finance)
Job Classification:
Investment Management - Investment Operations
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers!
If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.
At PGIM, You Can!
What you will do
The Alternative Assets Reporting team within the Regulatory Reporting Unit in the Investment Operations & Innovation Organization is looking for an Accounting Specialist (11P). We are responsible for providing accounting, financial reporting, and recordkeeping support for Prudential and its subsidiaries. The financial reporting is performed on a Statutory and GAAP basis. You will specifically support the following asset types: Other Invested Assets (OIA) and Real Estate. The OIA category consists mainly of joint ventures (JV) and limited liability companies (LLC). Support functions consist of reconciling and reporting on OIA and real estate positions and transactions, which are contained in the PAM, Investran sub-ledger system and the Oracle General Ledger system. The Accounting Specialist is accountable for the application of accounting rules and practices as appropriate for the various portfolios and asset types.
What you can expect
• Preparing monthly, quarterly, and annual Statutory and GAAP based reports that are used in the firm's regulatory filings
• Completing quarterly and annual Schedule A and BA, and associated schedules and footnotes
- Preparing annual Surveys from external rating agencies i.e., Moody's, S&P and AM Best
• Preparing and reviewing monthly reconciliations for asset and income accounts
• Documenting and executing procedures for any new reporting requirements on OIA or real estate investments
• Completing various ad-hoc requests that are received from internal clients.
• Special projects as needed
• Support internal and external audits
• Responsible for preparing various Management Information Reports
What you will Bring:
- Bachelors Degree in Finance/Accounting, or 2 to 4 years of equivalent work experience
• Excellent analytical and problem solving skills
• Strong computer/technical skills, primarily with Microsoft Excel
• Knowledge of GAAP and Statutory investment accounting
- Strong leadership and organizational skills
- High level of self-motivation and dedication
- Strong attention to detail and accuracy, ability to work independently and as part of a team
- Ability to meet deadlines, prioritize assignments and manage multiple assignments
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
Note: 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 $70,000 to $85,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
About PGIM Global Services
PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.
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 .
- 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 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 .
