Hybrid Director, Financial Reporting – Asset Liability Management

at Prudential Financial

• Job title: Director, Financial Reporting – Asset Liability Management
• Job type: Full Time
• Experience level: Lead
• Salary: $147,100 - $220,700 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Newark, United States

About the role

• Director of Financial Reporting overseeing derivative reporting, analysis, and strategic initiatives at Prudential. Leading financial reporting for derivative activities and compliance responsibilities.

Responsibilities

• Overseeing the reporting and analysis of Derivative STAT basis results for each insurance legal entity (i.e. PICA, Pruco, PLNJ)
• Overseeing the compilation of GAAP and STAT related debt footnotes for PFI (10Q/K) and each legal insurance entity (PICA/PLAZ/PLNJ)
• Overseeing the production, analysis and reporting of the STAT basis forecast for derivatives
• Certain accounting and reporting deliverables of the company’s Treasury Stock
• Supporting the application of Statutory guidance to strategic initiatives involving derivatives
• Ensuring effective internal control environment (e.g. Compliance with SOX/MAR controls)
• Potential dotted-line responsibilities for other financial reporting deliverables within ALM Finance

Requirements

• Bachelor’s degree in accounting or finance
• Sound understanding of applicable accounting pronouncements
• Experience of investments and derivatives is a plus
• Solid knowledge of Microsoft office suite, particularly Excel
• Track record of financial reporting and analysis
• Strong sense of teamwork and ability to develop talent
• CPA designation preferred (it’d be a plus if you had)
• Big 4 experience (it’d be a plus if you had)
• CFA or MBA designation (it’d be a plus if you had)

Benefits

• Medical, dental, vision, life insurance, disability insurance
• Paid Time Off (PTO) and leave of absences, such as parental and military leave
• 401(k) plan with company match (up to 4%)
• Company-funded pension plan
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
• Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.