Director, Financial Reporting

Job Classification:
Finance & Accounting - Finance & Accounting

Prudential Financial, Inc. (PFI) is a multi-national financial services leader with operations in the United States, Asia, Europe, and Latin America. For more than 140 years, PFI has helped individual and institutional customers to grow and protect their wealth. Our purpose is to make lives better by solving the financial challenges of our changing world. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, and asset management services.

Our Global Finance Community consists of nearly 2,000 associates in 14 countries. Together, each of us plays an important role in helping to achieve our vision: to be the preeminent Finance team in the financial services industry.

Your Team:

As part of the Corporate Controllers Department, the Finance Shared Services organization is responsible for the controllership activities in support of the U.S. business units, Newark-based international entities and select international locations. The Financial Reporting team supports GAAP and Statutory reporting across multiple legal entities, including subsidiary financial statements, disclosures, analysis, various regulatory filing submissions, external reporting for Separate Accounts and internal and external audit support. The team partners with Business Unit Finance and Operations areas, Actuarial, as well as, other corporate areas.

Your Role:

The Director position will assume a leadership role on the Financial Reporting team with oversight responsibility for various subsidiary financial statements, disclosures and regulatory filings. This position will be located in Newark.

The responsibilities of this position will include:
  • Oversee and direct the financial reporting close process and preparation of various subsidiary financial statements and disclosures, legal entity financial statement analysis, while ensuring the control, timeliness and accuracy of the financial statements
  • Oversee the preparation, review and analysis of reporting data in support of disclosures for inclusion in PFI 10-K/Q and subsidiary financial statements
  • Oversee the coordination, preparation and completion of stand-alone audited financial statements and footnote preparation, including collaboration with various external auditors and Business Units, which are filed with regulators and/or used for client purposes
  • Direct and coordinate the preparation and completion of the Captive insurance entities’ annual reports
  • Partner with Business Unit Finance areas, Corporate areas and other internal business partners on accounting and reporting matters
  • Ensure appropriate implementation of new or updated GAAP/Statutory accounting guidance to applicable entities
  • Continuously encouraging team to develop and implement best practices resulting in efficiencies and improved effectiveness
  • Ensure adequacy of internal controls over financial reporting and compliance with Enterprise Accounting Policies and Procedures
  • Lead special projects, initiatives and ad-hoc report and analysis requests
  • Lead and develop staff


Your Expertise:

What we are looking for in your background

What you’ll need to succeed:

  • Bachelor’s or Graduate degree in Accounting or Finance
  • 7 – 10 years of financial reporting and analysis experience
  • Strong understanding of GAAP and Statutory accounting principles
  • Demonstrated experience and progressive responsibility in leading and developing a team of finance associates
  • Ability to effectively prioritize competing demands under challenging time frames
  • Strong analytical, organizational and problem-solving skills
  • Strong collaborative and partnering skills
  • Highly motivated, proactive; strategic thinker
  • Excellent oral and written communication skills
  • Ability to work overtime during peak periods


It’d be a plus if you have
  • Advanced degree or designation (MBA, CPA) or pursuit towards
  • Insurance experience a plus
  • Experience with Prudential Financial systems a plus (Oracle, Essbase, Supplementals & Workiva applications)


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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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 company's 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.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.

Newark, New Jersey, United States of America

R-103755