Associate Manager - Investment Operations , Alternative Assets | PGIM Global Services ( Hybrid/ Newark, NJ or Tampa, FL) (Administrative)
Job Classification:
Investment Management - Investment OperationsA 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
We are looking for an Associate Manager, Investment Operations to join our Alternative Assets - Portfolio Administration and Accounting team which is part of PGIM Global Services.
The Alternative Assets Portfolio Administration and Accounting team primarily supports Prudential Fixed Income, Quantitative Management Group, Finance, Performance Reporting, Prudential Capital Group, Prudential Mortgage Capital Company, Prudential Real Estate Investors, Prudential Global Funding, the Community Resources Development, and the Prudential Foundation.
As an Associate Manager in the Private Equity Accounting Unit, you'll be instrumental in maintaining and enhancing investment, accounting, reporting, and record-keeping systems. Your contributions will be vital in ensuring a controlled and efficient working environment, making a significant impact on the success of Prudential's business units. Embrace the challenge and be part of a team dedicated to excellence and innovation in the world of investment operations.
This position is based in one of our offices in Tampa, Florida 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
You will be responsible for reviewing the financial statements of Limited Partnerships/Joint Ventures
Supervising a small team of approximately 2-3 accountants and providing feedback and guidance.
Timely and accurate review of accounting entries and ledger reconciliation
Understanding the STAT and GAAP accounting rules for the Other Invested Assets
Coordinate and monitor all daily and monthly deliverables.
Participate in various analysis and special projects.
Monitor data integrity.
External and Internal audit review and support.
Overtime required during peak periods.
What you will bring
Bachelor's degree in accounting, Finance, Economics, or related field.
6+ years of experience in Accounting/Investment Operations with supervisory experience is required.
Detailed oriented with ability to organize and prioritize tasks and work in a deadline oriented and fast paced environment.
Strong Leadership skills
Strong accounting, research, analytical and problem-solving skills.
Strong interpersonal, communication and partnering skills.
Proficient in Excel
Ability to understand and analyze basic accounting principles and financial statements.
What will set you apart?
Public accounting experience and/or CPA a plus
Private Equity experience a plus
Strong familiarity with Prudential systems a plus (Oracle ledger, Investran, MRI)
*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 $85,000 to $105,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
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), 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. 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.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
