Prudential Financial

PGIM Associate Manager, Accounting (Hybrid-Dallas, TX)

Prudential Financial • $75K — $95K *
Dallas, TX 75217Hybrid
Finance & Insurance
Less than 5 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or related business degree required, with Intermediate Accounting I & II knowledge.
  • 3-5 years of accounting experience in financial services or 2-3 years in public accounting required.
  • 1-3 years of experience with Information Systems related to Accounting functions preferred.
  • Strong verbal and written communication skills are essential.
  • Excellent interpersonal skills and customer service aptitude are required.
  • Strong organizational skills and attention to detail are critical.
  • Proficiency in Microsoft Office, especially Excel; experience with MS Access and SQL is a plus.

Responsibilities

  • Perform monthly close reasonableness reviews including income analysis and interest accruals.
  • Reconcile the general ledger for GAAP and Statutory accounts on a monthly basis.
  • Maintain accounting for deferred income/expense items and reconcile calculated yields to ledger book yields.
  • Prepare month-end trial balances and financial reports for all portfolios as requested.
  • Assist with audit requests and provide necessary documentation for SOX compliance.
  • Prepare daily valuations, financial statements, and remittance files while coordinating with internal and external parties.
  • Assist with process automation initiatives.

Benefits

  • Market competitive base salaries with yearly bonus potential.
  • Comprehensive medical, dental, vision, and life insurance options.
  • 401(k) plan with company match up to 4%.
  • Company-funded pension plan for long-term financial security.
  • Wellness programs providing up to $1,600 annually for personal wellbeing expenses.
  • Work/Life Resources for support on various personal and professional matters.
  • Education Benefit to help finance degree programs and accredited certificates.
Full Job Description
Job Classification:
Finance & Accounting - Finance & Accounting

What you will do:

PGIM Real Estate Loan Services has an immediate opportunity within the accounting and finance division at their Dallas location. The position will incorporate both accounting and investor reporting functions with tremendous growth opportunities for a highly detail oriented and organized individual. Also, we look forward to expanding our team for an associate with a passion for optimizing processes to achieve efficiency and effectiveness.

What you can expect:
  • Perform monthly close reasonableness reviews including but not limited to income analysis, interest accruals, & book value roll forwards.
  • Maintain responsibility for reconciling the general ledger for both GAAP and Statutory accounts on a monthly basis, between the mortgage loan servicing system and the GL, and other downstream reporting systems (e.g. unpaid principal balance, escrows, reserves, premium/discount amortization, fee income, interest income, etc.)
  • Maintain responsibility for the accounting and maintenance of deferred income/expense items and reconciliation of the system calculated yield to ledger book yields.
  • Prepare month end trial balances and other financial reports for all portfolios, as requested. (e.g. fee income, misc income, gains/losses, statutory Schedule B, GAAP supplemental, etc.)
  • Assist with audit requests, SOX experience helpful.
  • Assist Accounting Manager with other ad hoc financial analysis, reconciliation as needed.
  • Complete all work to meet critical deadlines for month-end and timelines for reconciliations.
  • Maintain orderly and complete accounting records for audits or management inquiry.
  • Advise Manager and management of financial items/issues.
  • Prepare daily valuations, financial statements and remittances files while coordinating with both internal and external parties related to reporting. Interpreting servicing agreements, government regulations, accounting manuals, and loan documents to ensure accounting and reporting requirements are being met. Prepare applicable journal entries based on reconciliations.
  • Execute and reconcile required asset transfers in the designated timeframe outlined
  • Prepare monthly accruals and market value adjustments.
  • Assist with process automation.
  • Work with third-party generated loans.


What you will bring:
  • Bachelor's degree in Accounting or related business degree required with a minimum of Intermediate Accounting I & II.
  • 3-5 years of accounting experience in a financial services environment or 2-3 years public accounting required.
  • 1-3 years of experience with Information Systems related to Accounting functions. Ideally the successful candidate would possess working knowledge of sub ledger to general ledger feeds as well as databases and how they function.
  • The candidate should possess excellent communication skills, both oral and written.
  • Excellent interpersonal and customer service skills are essential.
  • Must possess strong organizational skills and attention to detail.
  • Strong analytical and problem-solving skills.
  • Exceptional Microsoft Office skills (Excel, Word) is required. Experience with MS Acess, SQL is a plus.
  • The candidate should have the ability to multitask, self-motivate, and prioritize work effectively in a face paced environment. They should enjoy problem solving and collaborating in a team environment.


What will set you apart
  • Mortgage or Insurance industry accounting experience and/or CPA preferred but not required.
  • Experience with foreign investments (FX conversions) is helpful but not required.


*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.

What we offer you:

  • 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).


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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

About Prudential Financial

Prudential Financial is a financial services company that specializes in the fields of investment management, life insurance, and retirement benefits. It focuses on helping individuals and institutional customers to grow and protect their wealth. The company also offers an inclusive work environment where employees can develop to their full potential, and give back to the communities where they live and work. Prudential Financial was founded in 1875 and headquartered in Newark, New Jersey.

Prudential Financial Careers

Join the esteemed ranks of Prudential Financial, a global leader in financial services, where your career is nurtured, your innovation valued, and your professional growth guaranteed. Work You’ll Do At Prudential Financial, we are committed to helping individuals and businesses tackle their financial challenges with robust solutions. As part of our team, you will lead efforts to innovate and expand our services, ensuring that we remain at the forefront of the financial industry. Transform the financial landscape with your expertise and join a team where diversity, leadership, and personal growth are not just encouraged but actively fostered. With Prudential Financial, you position yourself at the nexus of finance and cutting-edge innovation. Collaborate with a global network of professionals, dedicated to steering clients through their financial journeys with precision and foresight. Our culture thrives on teamwork, leadership, and a shared commitment to excellence. Prudential Financial Job Opportunities We are actively hiring and have a variety of job opportunities designed to bring out the best in each employee. From entry-level positions to leadership roles, Prudential Financial offers a path for every ambitious professional eager to make an impact in the financial sector. Do Innovative Work Join our team of over 40,000 professionals worldwide, working together to reshape the future of finance. At Prudential Financial, your skills in networking, strategic thinking, and leadership will drive change and foster an environment of continuous innovation and growth. Internship Programs Kickstart your career with a Prudential Financial internship. Our programs offer invaluable industry insights and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark. Benefits and Culture Prudential Financial is not just about professional achievements but also about personal well-being. Our employees enjoy comprehensive benefits, including health, life, and disability insurance, retirement plans, and generous paid time off. More than just benefits, our company culture is built on mutual respect, inclusivity, and the collective pursuit of excellence. Future-Proof Your Career With Prudential Financial, career advancement is a reality. We provide extensive training and development programs, including leadership and diversity training, to ensure you are always ahead of the curve. Explore Discover how Prudential Financial leads the way in financial innovation and client service. Read more about our latest projects and the impact they have on our clients and the industry. Stay Connected Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players. Explore Prudential Financial jobs today and find where you fit in our dynamic team. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Prudential Financial.
Learn more about Prudential Financial
Size
88 employees
Market Cap
$36.2 billion
Industry
Finance & Insurance
Net Income
-$374 million
Founded
1875
5 Year Trend
+3.8%
Revenue
$57 billion
NASDAQ
PBIP
* Ladders Estimates

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