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Sr. Accounting Associate | Prudential Financial | Newark, NJ

Prudential Financial, Inc. is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit http://www.prudential.com.

Prudential Investment Management ("PIM") represents the asset management businesses of Prudential Financial, Inc. and is one of the nation's largest asset managers with investments worldwide.

Prudential Mortgage Capital Company (PMCC) is a full service commercial mortgage provider of multifamily, affordable housing, retail, office, industrial and hotel properties. PMCC's product line includes fixed rate, floating rate and interim/bridge loans; Fannie Mae and FHA lending; and mezzanine financing.

PMCC originates a wide variety of commercial mortgage loans for placement into Prudential's General Account, and for purchase by other third party capital sources such as Fannie Mae, FHA, and other institutional investors.

PMCC Finance currently has an open position for a candidate who is interested in developing a broad knowledge of the PMCC business. The candidate will primarily be responsible for various job functions within the Management, Expense, and Forecast Reporting Unit. He/she will be part of the team that coordinates the consolidation of the PMCC plan and forecast, as well as expense reporting and forecasting. In addition, this position will handle numerous requests for ad-hoc information, presentation and meeting materials, and will at times, handle confidential expense reporting. Areas of focus also include analysis of business drivers and review of product profitability and investments.

Responsibilities include the following:
  • Consolidation of PMCC quarterly and annual business plans and forecast analysis.
  • Assist with quarterly and annual expense forecasts for all PMCC business units.
  • Prepare financial schedules and executive summaries for various management presentations.
  • Partner with the PMCC business unit to determine revenue drivers and expense projections.
  • Team with other leaders in PMCC Finance to continue providing world class financial support of the PMCC businesses.

Job Requirements:
  • Accounting or Finance Major.
  • 1-3 years of relevant experience.
  • Strong analytical and financial skills.
  • Strong teamwork and partnering skills.
  • Excellent communication skills.
  • Candidate must be proficient in Microsoft Word and Excel.
  • Ability to work well in a team environment.
  • Ability to adhere to strict deadlines.
  • Overtime required during peak reporting cycles.
  • CPA/MBA, a plus

Prudential is an Equal Opportunity/Affirmative Action Employer and is committed to diversity in its workforce.

Prudential is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. Regardless of past practice, all resumes submitted by search firms to any employee at Prudential via-email, the Internet or directly to hiring managers at Prudential in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential, and no fee will be paid in the event the candidate is hired by Prudential as a result of the referral or through other means. Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. For this reason, Prudential has established and regularly maintains a preferred vendor list. Please note that even preferred vendors need to have a written search agreement signed by the Director, Recruiting Programs, Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.

To apply for this position, please copy and paste the following link into your browser address bar:

http://prudential.contacthr.com/11313132

or submit your resume and salary requirements through our homepage at

https://jobs.prudential.com/apply_online_1.asp?jobid=1273030