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Prudential Annuities Distributors (PAD)

Investment Operations Analyst, PGIM Global Services ( Hybrid - Newark, NJ Or/ Ta

Prudential Annuities Distributors (PAD), Newark, New Jersey, us, 07175

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**A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE**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.At PGIM, You Can!**What you will do**Our Investment Operations team is part of PGIM Global Services group that provides recordkeeping, accounting, reporting and technology services for the investment portfolios supporting the Insurance Companies. Additionally, we support all investment data for the Chief Investment Officer and the Chief Risk officer for Prudential.The Regulatory Reporting team in the Investment Operations group is responsible for providing pricing, valuation, accounting, financial reporting, and recordkeeping support for Prudential and its subsidiaries. The financial reporting is performed on a Statutory and Tax basis. You will specifically support the Tax, Pricing, and Valuation Reporting Team which consists of reconciling, reporting, and analyzing Bond & Equity security positions and transactions by utilizing the PAM Investment sub-ledger system, and the General Ledger (Oracle). You will also be accountable for the application of accounting rules and practices as appropriate for the various portfolios.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.**What you can expect*** Preparing monthly, quarterly, and annual GAAP & STAT reports, such as:- Monthly subledger to ledger proofs- Monthly Market value reconciliation- Quarterly MD&A Supplemental schedules- Quarterly cashflows for Fixed Maturities, Trading Assets, Equity at Fair Value, and Short-Term Bonds.- Annual GAAP Surveys and footnote disclosures- Statutory Schedule D, DA and E along with General Interrogatories and Notes to Financials* Preparing General Ledger entries monthly for GAAP Market Value adjustments.* Preparing monthly reconciliations for Asset and Income accounts.* Researching issues related to accounting entries and the subledger Investment system.* GAAP to STAT balance sheet reconciliation* Documenting procedures for any new reporting requirements.* Completing various ad-hoc requests that are received from internal clients.* Gathering information for both internal and external audits.* Special projects as needed.**What you will bring*** Bachelor’s degree in accounting or finance or related field* Strong quantitative and analytical skills* Proficiency in the MS Office Suite: Word, Excel, PowerPoint, etc.* Knowledge of Oracle General Ledger is a plus* Knowledge of investment accounting and of various investments instruments* High level of self-motivation and dedication* Strong attention to detail* Excellent written, verbal and interpersonal skills* Strong leadership and organizational skills* Client focused and results oriented work ethic* Ability to work independently and work as a member of the team* Ability to work overtime during peak periods* Knowledge of Oracle General Ledger* Prior background / internship experience in investment management or financial services Industry is strongly preferred.**\*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.** **Note:** Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from **$60,000 to $70,000.** Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.**About PGIM Global Services**PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.**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.

Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com.**Our Commitment to an Inclusive Workplace**Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com.Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom #J-18808-Ljbffr