PGIM European Services Ltd, Financial Reporting Associate

Recruiter
PGIM
Location
London, United Kingdom
Salary
Competitive
Posted
25 Nov 2022
Closes
29 Nov 2022
Ref
17907437
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Company Overview:
PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.4 trillion in assets under management, and 38 offices spanning 16 countries, PGIM is among the world's top-10 largest asset managers. Comprised of seven self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firm's ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect and equality.

Our Role:
The role is within the Finance team of the Shared Services Centre and reports into the Financial Controller. The role holder 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. The role holder will be responsible for updating, reviewing and reconciling the general ledger and review and analysis of the results of those entities. The role holder will insure that intercompany and third party invoicing is completed in a timely manner and monitor the collection of receipts.

The role holder is also responsible for the preparation of the annual statutory accounts and participates in the annual audit process and internal audit requirements for those entities as needed. The role holder will assist with the timely preparation of board reporting, ensuring that the data is complete, accurate and clear for the readers of the reports. The role holder will assist with the development of accounting policy, procedures and guidance and ensure the control framework is maintained. The role holder will also monitor the FX exposure of the UK consolidation group and manage hedging activity. The role holder will have experience in a large accounting firm or comparative accounting environment and an excellent working knowledge of UK GAAP, IFRS, US GAAP and Statutory Accounts reporting.

Your Impact/Responsibilities:
• Preparation of 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 preparation of financial statements under UK GAAP, IFRS or simplified IFRS norms.
• Monitor the FX exposure of the UK Consolidation Group and propose appropriate currency hedges.
• Preparation of intercompany and third party invoicing and monitoring of receipts.
• 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.
• FX Exposure - Experience of monitoring FX exposure and implementing currency hedges.

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:
• Degree educated or equivalent
• Accounting qualification (ACA, ACCA or equivalent)

Your Required Skills:
• Technical accounting - Good knowledge of UK GAAP and IFRS required, and understanding of US GAAP desirable.
• Analytical skills - Ability to analyse data and challenge inconsistencies to ensure data is robust and variances are understood and explained.
• Communication skills - Good communicator, able to explain technical accounting issues clearly both verbally and in writing. Experience of drafting financial statements and comfortable writing technical memos.
• Task orientated - Completer/Finisher - A task orientated individual who is able to organise and prioritise in order to complete tasks in a timely manner.
• Office technology - Skilled in office technology - Excel, PowerPoint, Word etc. Excellent Excel skills, good PowerPoint and Word experience.

Our Culture:
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 www.prudential.com 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.

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