1+ months

Financial Reporting Specialist - LON0000S

Newark, NJ
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Primary Location United States-New Jersey-Newark (NJ)

The Long-term Care group seeks a skilled and highly motivated individual to become part of our team as a Reporting Specialist in the Long-Term Care Finance area. Based in Newark NJ, this position will report to a Manager of Financial Reporting supporting the Long-Term Care business. The successful candidate will coordinate various aspects of the financial reporting of results on a monthly, quarterly and annual basis.  The financial reports are prepared based on both GAAP and Statutory guidelines.  This area involves partnering with Actuarial, Planning and Analysis, Corporate Controllers and ALM Finance, as well as providing support to external and internal auditors for quarterly reviews and year-end audits.  The position offers the candidate an excellent opportunity to develop and utilize their analytical skills, learn insurance accounting and actuarial concepts, and provides the opportunity to implement process improvements.


Job Responsibilities

  • Responsible for preparation of GAAP income statements and related management results package 

  • Prepare the quarterly GAAP financial results for Senior Management and assist in developing insightful analytics to clearly convey the financial performance of the business as part of the Quarterly Results Review Package and Earnings Prep Package

  • Reporting and analyzing trends and variances within the various lines of the balance sheet and income statements collaborating with Actuarial, ALM Finance, Operations, and Planning and Analysis

  • Quarterly preparation and analysis of Statutory financial statements

  • Support quarterly/annual audits by Internal Auditors, as well as, Independent Auditors

  • Understand key business drivers, how they impact the business, and their financial implications

  • Prepare quarterly competitor analysis

  • Support the business in the implementation of new accounting principles/policies, including FASBs new Long-Duration Targeted Improvements standards. 

  • Partner in the development of ad hoc presentations for Financial Management and the business group

  • Prepare necessary documentation to support the Sarbanes-Oxley and Model Audit Rule processes

  • Serve as a liaison between Finance and corporate partners, including ALM Finance, Actuarial, Planning and Analysis, and FACT

  • Opportunities to assist in developing financial forecasts on both a GAAP and Statutory basis

  • Bachelors degree with a major in Accounting or Finance, with 2-3 years of relevant work experience

  • 2 years financial statement preparation and analysis preferred

  • CPA or pursuing CPA preferred

  • Experience managing multiple deliverables under tight deadlines

  • Ability to work independently as well as with others

  • High level of self-motivation

  • Excellent communication and analytical skills

  • Strong Excel and PowerPoint skills a plus

  • Experience providing finance support for a business a plus

Overtime required during peak hours.

@!*!Prudential is a multinational financial services leader with operations in the United States Asia Europe and Latin America. Leveraging its heritage of life insurance and asset management expertise Prudential is focused on helping individual and institutional customers grow and protect their wealth. The companys well-known Rock symbol is an icon of strength stability expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services including life insurance annuities retirement-related services mutual funds asset management and real estate services. For more information please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director Recruiting Programs Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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Posted: 2020-03-11 Expires: 2020-11-11
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Financial Reporting Specialist - LON0000S

Newark, NJ

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