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Senior Financial Reporting Associate | PGIM European Services Ltd

Employer
PGIM
Location
London, United Kingdom
Salary
Competitive
Closing date
May 25, 2024

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Part Time
Education
Bachelors
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
In this role, you will work within the Shared Services Centre's Finance team and report to the Financial Controller. On a daily basis, you will be responsible for managing the general accounting, such as UK GAAP, International Financial Reporting Standards (IFRS), and US GAAP reporting of certain legal entities.
Additionally, you will update, review, and reconcile the general ledger, as well as review and analyze the results of these entities.

You will be responsible for completing intercompany and third-party invoicing in a timely manner, and monitoring receipt collection. In addition to preparing the annual statutory accounts, you will be involved in the annual audit and internal audit requirements of these entities as required. In addition to preparing board reporting, you will ensure that the information is complete, accurate, and clear for the reader. In this role, you will also assist in developing accounting policy, procedures, and guidance, and maintain the control framework. This role holder will have a professional accounting qualification or will be partially qualified.

What you can expect
  • Posting of cash receipts;
  • Preparation of weekly bank reconciliations;
  • Updating aged debtor receipts' report;
  • Preparation of intercompany and third party invoicing;
  • Monitoring of cash receipts;
  • Monthly reconciliation of control accounts;
  • Assisting with financial reporting;
  • Assisting with preparation of financial statements;
  • Assisting in audit process;
  • Assisting with preparation of quarterly Board reports and other financial reporting as required;
  • Participation in projects to improve processes, reporting and control framework; Other ad hoc tasks as required.
What you will bring
  • Good knowledge of UK GAAP and IFRS required;
  • Experience of preparing reconciliations, particularly bank reconciliations, and control accounts;
  • Financial Reporting experience - Experience of preparing income statements and balance sheet, posting journals;
  • Audit experience - Experience of responding to audit queries, including explaining processes;
  • Financial Services - Experience of workings in financial services, of working to strict external deadlines;
  • Accounting software - Oracle experience preferred;
  • Degree or maths or accounting A-Levels or equivalent.
  • Accounting qualification (ACA, ACCA, AAT) part-qualified or working towards an accountancy qualification.
  • Good accounting knowledge, of preparing bank reconciliations and control account reconciliations.
  • Ability to analyze data and query 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. Proactive in asking questions in order to ensure a positive outcome.
  • A task orientated individual who is able to organize and prioritize in order to complete tasks in a timely manner.
  • Skilled in office technology - Excel, PowerPoint, Word etc. Excellent Excel skills, good PowerPoint experience.
What will set you apart?
  • Power BI experience desired;
  • Understanding of US GAAP desired.
*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 you basic annual salary, up to a max benefit of £1.8million. 60% of your basic annual salary for a limited payment terms 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 https://youtu.be/acuhcv46Nz0

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 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.

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 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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