Operations Finance Business Partner supporting financial reporting in the Operations business. Collaborating with production leaders to drive efficiencies and manage costs at the Distribution Centre
About the role
- Financial Reporting Specialist in Prudential's AIS team handling reinsurance accounting implementation. Collaborating across teams for effective financial reporting and project execution.
Responsibilities
- Implementation of new accounting related to reinsurance initiatives which includes: Creating Statutory and GAAP accounting examples of new transactions based on accounting guidance
- Partnering with Operations to execute Table Maintenance System changes to support the accounting in the administration systems or reinsurance programs
- Partnering with technology to test accounting transactions and reports programmed in the administration system/sub-ledger (PIPS) to ensure correct STAT and GAAP reporting
- Updating relevant documentation to support the new business release
- Processing and monitoring proofs and controls related to the administration systems and reinsurance programs to ensure accounting is correct
- Researching and resolving issues related to these proofs
- Supporting other FSO teams, Operations and Finance in researching and resolving issues/questions related to policyholder accounting
- Providing internal and external audit support on policyholder accounting
- Various ad-hoc requests as needed
- Overtime required
Requirements
- Accounting degree
- 3-4 years of insurance accounting experience
- Strong partnering, written and oral communication skills
- Strong analytical and research skills
- Ability to meet deadlines, prioritize and manage multiple assignments
- Self-motivated, ability to work independently and as part of a team
- Detail oriented
- Willingness to learn
- Strong PC Skills including Excel, PowerPoint, and Word
- STAT and GAAP reporting and Financial Information Systems knowledge a plus
- Oracle ledger and PIPS sub-ledger knowledge a plus
- Knowledge of reinsurance accounting a plus
Benefits
- Medical, dental, vision, life insurance, disability insurance
- Paid Time Off (PTO)
- 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
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