Manager, Financial Reporting

PrudentialNewark, NJ
78d$118,700 - $176,600

About The Position

Prudential International Insurance (PII) manufactures life insurance, retirement and related products that are provided to customers across numerous distribution channels in Japan and the Emerging Markets. Emerging Markets business includes our wholly owned operations in Brazil and Mexico, and our joint ventures and investments in Chile, Peru, Colombia, China, Indonesia, India and Africa. Emerging Market business is key to Prudential Financial, Inc.'s overall strategy. The Manager - Financial Reporting, Emerging Markets plays a critical role within the Emerging Market Finance team, with a primary focus on Latin America operations (Brazil, Mexico, Chile and other jurisdictions). This position leads the preparation and analysis of financial statements in accordance with U.S. GAAP and SEC regulations, provide USGAAP accounting and financial reporting guidance across jurisdictions, and conducts Source of Earnings and financial statement analysis to support performance management and strategic business transactions. This position also contributes to developing and communicating the financial results story, helping senior leadership and stakeholders understand key drivers, trends, and implications behind the numbers.

Requirements

  • Bachelor or Graduate degree in Accounting/Finance
  • In-depth technical and working knowledge of US GAAP
  • Experience with business transactions
  • Minimum eight (8) years of related experience
  • Proficiency in the full suite of Microsoft Office applications
  • Strongly demonstrated analytical, problem-solving and research skills
  • Excellently displayed verbal and written communication skills
  • Strongly demonstrated project management and organizational skills
  • Team player and results focused
  • Comfortable working independently
  • Flexibility to devote additional effort during peak periods

Nice To Haves

  • CPA designation or candidate is a plus
  • Financial reporting software experience (Oracle)

Responsibilities

  • Lead financial reporting for operations in emerging markets, with a primary focus on Latin America operations, ensuring consistency and compliance with U.S. GAAP, SEC regulations, and internal policies.
  • Serve as the primary liaison between Latin America finance teams and corporate stakeholders, providing accounting guidance, resolving reporting issues, and supporting business initiatives.
  • Conduct Source of Earnings (SOE) and financial statement analysis to explain profitability drivers by distribution channels and other attributes to support strategic decision-making and performance management.
  • Collaborate with PII and Latin America actuarial partners in the annual assumption update process, including unit cost, policyholder experience, and other key assumptions update.
  • Support Oracle system enhancements in local operations and other financial management automation initiatives to improve reporting efficiency, data integrity, and analytical capabilities.
  • Lead results review package by providing insights and context behind financial outcomes. Collaborate with Investor Relations and senior leadership to develop clear, compelling financial storytelling that aligns with business performance and strategy.
  • Lead the preparation and review of quarterly and annual SEC filings (10-Q, 10-K), including footnotes, MD&A, and earnings materials.
  • Prepare and review technical accounting memos on complex transactions.
  • Coordinate with external auditors and manage audit deliverables.
  • Maintain and enhance internal controls over financial reporting (ICFR) in accordance with SOX.

Benefits

  • Market competitive base salaries, with a yearly bonus potential at every level.
  • 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.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Education Level

Bachelor's degree

Number of Employees

5,001-10,000 employees

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