Manager, Financial Reporting Job Listing at Prudential in Newark, NJ

Insurance, Finance

The Separate Accounts Reporting Unit is part of Annuity Finance and has responsibility for internal and external financial reporting and analysis for the Individual Life and Annuity Separate Accounts.  In addition, the group oversees several fast paced daily operations, such as asset pricing, cash trading and performance reporting for various reporting agencies. 
 
The unit is responsible for monthly reporting for the Separate Accounts businesses in PICA, PLAZ, PLNJ, PALAC, PBLAC and Allstate, including preparing and performing financial statement analysis and consolidation, as well as year-end SEC filings and Statutory Reporting.  The unit also completes Asset Management Reporting and Analysis, and supports new product and fund launches, as well as other enhancements to the Prudential and PALAC product lines.
 
The team partners extensively with several Enterprise-wide departments, including Annuities Finance, Life Finance, Actuarial, Tax, Corporate Controllers, Actuarial Systems, Annuity Technology, Life and Annuities Operations, Cash Management, Banking, SIRG, Investment Management, and Annuity and Life Product Development.  We provide support to both internal/external auditors and risk management for financial and operational audits, as well as for Sarbanes-Oxley compliance. 
 

Qualifications
         Management and Leadership of 3-5 staff members
         GAAP & Stat Separate Accounts Reporting for PICA, PruCos, PALAC, PBLAC & Allstate, including journal, statement, & analysis review and oversight
         SEC Reporting - Real Property 10K and 10Q filings and annual NSAR and 24F-2 filings
         Group Life & Retirement Services Year End Reporting
         Separate Accounts Audit Planning and Co-ordination including SOX process oversight
         Relationship management with various business partners in Life, Annuities, PREI, Group & Retirement
         Account Owner and oversight of Balance Sheet Account Reconciliation sign off support (PASS)
         Management of testing and implementation of accounting impacts resulting from Life and Annuity product & fund changes
         Liaison for Product Development projects
         Investment Management Analysis
         Equitable Company Owned Life Insurance (COLI) Reporting and Operations
         Fixed Trade / MVA Reporting
         Management of Knowledgebase procedures for overall group
 
Job requirements:
 
         Knowledge of GAAP and Statutory accounting and reporting
         Undergraduate degree in Accounting or Finance
         Separate Account knowledge a plus
         Working knowledge of the Oracle Financial applications including voucher preparation, brief process, reporting, etc.
         Experience in staff management
         Proficiency in Excel and Word
         Proven analytical and organizational skills
         Strong oral and written communication skills
         Self-motivated and proactive
 
Comments:
Overtime is required during critical financial reporting cycles.
Position is based in Newark, NJ.