Senior Accounting Associate 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.

General Responsibilities Include:

• GAAP & Stat Separate Accounts Reporting for PICA, PLAZ, PLNJ, PALAC, PBLAC and Allstate, including journal, statement, & analysis preparation


• Preparation of annual Separate Account GAAP financial statements


• Real Property 10K and 10Q filings


• Assets Under Management reporting and investment management analysis


• SEC Reporting for annual NSAR and 24F-2 filings


• Equitable Company Owned Life Insurance (COLI) Reporting


• Maintenance of procedures database (Knowledgebase)


• Fixed Trade / MVA Reporting


• Preparation of Balance Sheet Account Reconciliation sign off support (PASS)

• Knowledge of GAAP accounting and reporting
• Undergraduate degree in Accounting
• Proficiency in Excel and Word
• Separate Accounts knowledge a plus
• Strong analytical, organizational and problem solving skills
• Knowledge of Statutory accounting and reporting a plus
• Working knowledge of Oracle Financial applications including journal preparation & reporting a plus
• Strong interpersonal, communication and partnering skills
• Self-motivated and proactive

Comments:
Overtime is required during critical financial reporting cycles.
Position is based in Newark, NJ.