Vice President, Financial Reporting at Prudential Ins Co of America in Newark, New Jersey

Posted in Finance 2 days ago.

Type: Full-Time





Job Description:

Job Classification:

Finance & Accounting - Finance & Accounting

The Prudential Retirement Strategies (PRS) Controllers has an opportunity for a Vice President, Financial Reporting. The Prudential Retirement Strategies (PRS) Controllers leads a team responsible for the financial reporting and analysis of key business measures, as well as providing support and analysis in the generation of externally reported financial information for both GAAP and Statutory results. The team is also responsible for providing analysis to the PFI CFO, Head of IR and Corporate Controller, as well as co-leading the development and presentation of the quarterly Results Review Packages.

This position reports to the Vice President over Financial Reporting, PRS and will work closely with PRS business partners including Pricing, Actuarial and Corporate Finance areas.

What you can expect:


  • Serve as a trusted business and corporate advisor, supporting the financial reporting and implementation for strategic initiatives (i.e., reinsurance transactions and new product launches)


  • Oversee the preparation and analysis of the quarterly results on a GAAP and STAT basis with the lead role over Institutional based products


  • Support the development of the quarterly Results Review Packages for actuals, which provides the “story” of results and serves as a review/validation control


  • Analyze trends in the business and produce insightful analytics for senior management, highlighting key changes and trends in results as well as actionable insights


  • Oversee PRS’s Internal Control framework including implementing enhancements


  • Oversee the development of PRS accounting policy documentation for new products and transactions, including various forms of reinsurance; own the relationship with the Corporate Accounting Policy team


  • Lead PRS’s relationship with PwC on all reviews and audits inclusive of year end testing processes


  • Lead PRS’s relationship with Internal Audit on financial reporting matters, including ownership of applicable actions plans.


  • Support control and process signoffs and reviews as per the requirements of Business Unit Controller oversight


  • Provide leadership and development opportunities to a team of ~5 professionals 


  • Coordinate and supervise various ad-hoc strategic projects/requests and develop presentations and analysis as requested by senior management


What you’ll need:


  • Minimum 10 years progressive accounting, financial reporting, and analysis experience


  • Bachelor's degree with a major in accounting finance, or related field


  • CPA preferred; other advanced degree or designation (e.g., MBA, CFA) is a plus


  • Strong knowledge of GAAP and Statutory accounting required with a background in life insurance and actuarial concepts preferred


  • Results focused, high energy, flexible, and capable of managing competing priorities under tight time frames


  • Ability to influence outcomes and drive business results


  • Excellent communication and presentation skills


  • Ability to partner effectively with all levels including Business Unit and Corporate senior management


  • Dedicated team leader who is able to inspire and develop talent


  • Strong analytical & organizational skills, with close attention to detail when required


  • Ability to drive change successfully


What we offer you:

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 $185,100.00 to $250,500.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
  • 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.





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