PGIM European Services Ltd | Associate Manager, Financial Reporting

at  Prudential

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
We are looking for an Associate Manager to work in our Financial Reporting team, on a 6-month Fixed-Term Contract in our London Office. This role sits within our 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., IFRS consolidation, US GAAP reporting and Financial Reporting for certain legal entities, including the consolidated group accounting. 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 also be responsible for the preparation of the annual statutory accounts and will participate in the annual audit process and internal audit requirements for those entities as needed. They will be responsible for the review and 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.
This position requires a professional accounting qualification with post qualified experience. The role holder will have experience in a large accounting firm or comparative accounting environment and an excellent working knowledge of IFRS, US GAAP and Statutory Accounts reporting.

What you can expect

• Preparation of monthly and quarterly financial reporting, liaising with the business and shared services centre to ensure robust and timely reporting.
• Production of GAAP compliant financial statements, including consolidated financial statements, and participation in the annual statutory audit process for multiple corporate entities in various jurisdictions.
• Timely production of intercompany and third-party invoicing, liaising with the tax department to ensure appropriate VAT treatment.
• Preparation of quarterly Board reports and other financial reporting as required.
• Maintenance of the integrity and appropriateness of the internal control framework, including documentation of processes and controls.

What you will bring

• IFRS Reporting - Experience of reporting under IFRS, including knowledge of IFRS16, IFRS 15 and IFRS 9 and consolidated accounts.
• 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.
• Transfer Pricing - Experience of interpretation and implementation of Transfer Pricing agreements to ensure correct treatment of revenue and expenses.
• Process improvement and automation - Experience of driving efficiencies through process improvements and automation where possible
• Degree Educated
• Account Qualification (ACA, ACCA, or equivalent)
• Good knowledge of IFRS required and a good understanding of US GAAP desirable.
• Able 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.
• Task orientated and able to organise and prioritise to complete tasks in a timely manner.
• Skilled in office technology – excellent excel skills required as well as good PowerPoint and Word experience.
• PGIM welcomes all applicants, even if you don’t meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

• Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.
• Annual Leave of 25 to 28 days, based on years of service, at full pay.
• Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.
• Life Assurance & Income Protection: Life Assurance for 12 times your basic annual salary, up to a max benefit of £1.8million. 60% of your basic annual salary for a limited payment term of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.
• To find out more about our Total Reward package, visit

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About PGIM – Global Asset Management
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with US$1.33 trillion in assets under management as of 30 June 2024. 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 PGIM.com.
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.
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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

Please refer the Job description for details