Senior Financial Reporting Associate - London, United Kingdom - Prudential

    Prudential
    Prudential London, United Kingdom

    2 weeks ago

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    Description
    A GLOBAL LEADING ASSET MANAGER 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:
    As a financial reporting Associate you will be based within the Finance team of the Shared Services Centre. You will be responsible for the general accounting on a day to day basis e.g. UK GAAP, IFRS, US GAAP reporting for certain legal entities. Updating, reviewing and reconciling the general ledger and review and analysis of the results of those entities. Intercompany and third party invoicing is completed in a timely manner and monitor the collection of receipts.


    Part of your new role will also involve preparation of the annual statutory accounts and participation in the annual audit process and internal audit requirements for those entities as needed.

    You'll assist colleagues with the timely preparation of board reporting, ensuring that the data is complete, accurate and clear for the readers of the reports.


    What you can expect:
    Preparation of weekly bank reconciliations.


    Assisting with monthly and quarterly financial reporting, liaising with the business and shared services centre to ensure robust and timely reporting.


    Participation in annual audit process, including assisting with preparation of financial statements under UK GAAP, IFRS or simplified IFRS norms.

    Preparation of intercompany and third party invoicing and monitoring of receipts.

    Assisting with preparation of quarterly Board reports and other financial reporting as required.

    Maintenance of control framework, including documentation of processes and controls.

    Participation in projects to improve processes, reporting and control framework.


    Work Experience:


    UK GAAP & IFRS Reporting - Experience of reporting under UK GAAP, IFRS, including knowledge of IFRS16, IFRS 15 and IFRS 9 and simplified IFRS.


    US GAAP Reporting - Experience of reporting under US GAAP and knowledge of the differences between US and IFRS GAAP.


    Preparation of Financial Statements under FRS102, FRS101 and IFRS - Experience of preparing Financial Statements under IFRS, FRS101 & FRS 102, including interpretation and implementation of new standards and consolidation of accounts.


    Experience of implementing and maintaining a control framework - Experience of implementing and maintaining a control framework, including documentation of controls.


    Audit - Experience of external and internal audits, including interim and final audit participation and liaising with internal and external stakeholders, to ensure the timely and successful completion of the audits.


    What you will bring:
    Degree or maths or accounting A-Levels or equivalent.

    Part-qualified Accountant or qualified by experience. You could also hold an Accounting qualification (ACA, ACCA),


    A task orientated individual who is able to organise and prioritise in order to complete tasks in a timely manner.

    Skilled in office technology – Excel, PowerPoint, Word etc. Excellent Excel skills, good PowerPoint and Word experience.

    Ability to analyse data and challenge inconsistencies to ensure data is robust and variances are understood and explained.

    Good communicator, able to explain technical accounting issues clearly both verbally and in writing. Experience of drafting financial statements and comfortable writing technical memos.


    What will set you apart:
    Good knowledge of UK GAAP and IFRS required, and understanding of US GAAP desirable.

    *PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

    About PGIM – Global Asset Management

    PGIM is the global asset management business of Prudential Financial, Inc

    (NYSE:

    PRU), a leading global investment manager with nearly US$1.27 trillion in assets under management as of June 30th, 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.


    With a history dating back 148 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent.

    We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM.

    We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit

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

    Our Commitment to Diversity, Equity, and Inclusion

    Prudential Financial, Inc. is 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.

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

    Prudential 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, some of which may not be available in your area.

    We recognize that our strength and success are directly linked to the quality and skills of our diverse associates.

    We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals.

    Visit to learn more about our values, our history and our brand.

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

    Prudential 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, some of which may not be available in your area.

    We recognize that our strength and success are directly linked to the quality and skills of our diverse associates.

    We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals.

    Visit to learn more about our values, our history and our brand.

    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.