PGIM Analyst, Investment Operations (Hybrid-Tampa/Fl, Newark/NJ)

Prudential Financial • Newark, NJ

11d • Hybrid

About The Position

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. We are looking for an Investment Operations Analyst to join our Money Markets Accounting team which is a part of the Public Investment Operations group within PGIM Global Services. PGIM Global Services provides the operations and technology support that contributes to PGIM being a world-class investment manager. We supply transaction-level support, generate and report investment results and ensure that they are accurately reflected on our Financial Statements. As an Investment Operations Analyst in Money Markets Accounting, you will perform a variety of investment support functions, including accounting, reporting, and analysis. You will gain experience in short term investments held in various MMIP (Money Market Investment Pool) and other Short Term Stand-alone portfolios. We support all internal business partners (Fixed Income, CIO, Treasurers, PMA, etc.). You will be provided an opportunity for cultivation of your leadership skills, and you will be able to gain broad business knowledge by way of consistent exposure to a wide network of business partners. You will support the monthly and quarterly close process as well as Enterprise initiatives. In Money Markets Accounting you will receive on-the-job training as well as professional training courses. You will be working in a challenging environment on complex financial transactions that will allow you to continually grow and develop skills. This position is based in one of our offices in Tampa, FL or Newark, NJ and will follow a hybrid schedule (3 days in office). Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

Requirements

• Bachelor’s degree in Accounting, Finance or related field.
• Strong organizational and time management skills.
• Strong analytical, critical thinking skills and solutions oriented.
• Ability to understand and analyze basic accounting principles and financial statements.
• Ability to organize and prioritize tasks in a deadline and fast paced environment.
• Excellent interpersonal and leadership qualities.

Nice To Haves

• Advanced proficiency with Microsoft Excel and Word.
• Strong attention to detail with the ability to summarize and communicate complex issues effectively, both orally and in writing.
• Prior background / internship experience in investment management or financial services industry is strongly preferred.

Responsibilities

• Complete daily reconciliation of balances between the trade and accounting system.
• Complete monthly reconciliation of balances between the accounting system and Oracle general ledger .
• Complete monthly reconciliation of accounting system to custodian banks.
• Ensure financial statement balances are in accordance with GAAP & STAT principles .
• Participate in internal and external audits of our SOX Key Controls .
• Assist with systems initiatives and work through issues with the technology support team .
• Collaborate with business partners across various departments within the company .
• Supporting and monitoring the investments we support.
• ORACLE accounting entries and ledger reconciliations.
• Bank reconciliations.
• External and Internal audit review and support.
• Participate in various analysis and special projects.

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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees