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Financial Reporting Associate | Prudential Financial | Newark, NJ
Prudential Financial, Inc. 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. For more information, please visit http://www.prudential.com.
Assist in the preparation of the monthly and quarterly impairment review
files, which include the impairment screens, listing of impairments
taken, historical impairments trends and charts, and other various
impairment exhibits
- Assist in the documentation of impairment recommendations and
decisions with Asset Managers
- Reconciliation of approved impairment amounts to ledger
- Compile monthly credit loss exhibits by issuer, industry, and segment
and prepare quarterly credit loss trend and chart
- Prepare monthly credit loss sales summary for Senior Management
- Prepare quarterly SOP 03-3 review files and documentation
- Create detailed other invested asset schedule, including asset and
income reconciliation
- Researching and responding to requests for financial information from
Corporate Controllers, STAT reporting and GAPM
- Monitoring of the JV/LP tracking system to help ensure that the tax
reporting for PFI's investment partnerships is complete, accurate, and
timely
- Preparation of SOX documentation and analysis of the SOX coverage
amounts
- Create quarterly internal calendar
Qualifications
- College degree in Accounting or Finance
- Good analytical and communication skills
- Strong time management and organization skills
- Solid understanding of Excel
- Knowledge of Oracle a plus
- Self-motivated
- CPA desired (not required)
Comments
- Overtime is required during peak periods
- Outside candidates are also being considered
The Prudential Insurance Company of America and its affiliates, Newark,
New Jersey are Equal Opportunity/Affirmative Action Employers and are
committed to diversity in our workforce.
Prudential is not seeking assistance or accepting unsolicited resumes
from search firms for this employment opportunity 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. Regardless of past practice, all resumes submitted by
search firms to any employee at Prudential via-email, the Internet or
directly to hiring managers at Prudential 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 as a result of the referral or through
other means. 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. For this reason,
Prudential has established and regularly maintains a preferred vendor
list. Please note that 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.
To apply for this position, please copy and paste the following link
into your browser address bar:
http://prudential.contacthr.com/13409030
or submit your resume and salary requirements through our homepage at
https://jobs.prudential.com/apply_online_1.asp?jobid=1584867
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