Manager, Investment Operations | Private Accounting | PGIM Global Services ( Hybrid/ Newark, NJ)
Prudential Financial (PGIM) · Newark, United States · 6d ago
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
PGIM Global Services provides the operations and technology capabilities that help PGIM deliver world-class investment management services globally. The work performed by this team is critical to ensuring the accuracy of PGIM's financial records and investment reporting. Your leadership will help maintain strong controls, support regulatory and accounting requirements, and enable better outcomes for business partners across the enterprise.
In this role, you'll lead a team supporting investment accounting, reporting, and analysis activities across domestic and international businesses. You'll work across a diverse portfolio of asset classes including equities, public and private fixed income, and asset-backed securities, while helping ensure the accuracy, integrity, and transparency of PGIM's financial reporting and investment records.
You'll partner closely with teams across PGIM, Treasury, Finance, Tax, Legal, and Technology to support critical reporting activities, drive operational improvements, and contribute to strategic business initiatives.
You'll serve as a key partner across the organization, helping deliver accurate and timely month-end and quarter-end results while supporting strategic initiatives that enhance operational effectiveness and business outcomes.
Success in this role comes from combining technical accounting knowledge with leadership, business partnership, and a continuous improvement mindset.
What You Can Expect
Lead, coach, and develop a team of accounting professionals, creating an environment focused on growth, performance, and continuous improvement.
Drive accurate accounting and reporting of complex investment transactions across multiple asset classes and currencies.
Oversee critical reconciliations and accounting activities to ensure investment records and financial reporting remain accurate and compliant.
Partner with stakeholders across PGIM, Treasury, Finance, Tax, Legal, and Technology to resolve issues, support business initiatives, and deliver solutions.
A thorough understanding of accounting related to investment activity in the PAM subledger system to ensure balances are in accordance with GAAP & STAT principles.
Identify opportunities to improve controls, streamline processes, and enhance operational efficiency.
Responsible for ensuring trade activity reflected accurately in the PAM accounting system.
Review of manual accounting entries to ensure Oracle general ledger is accurate.
Review of monthly requests for our various business partners across the company, including international subsidiaries.
Lead projects and system enhancement initiatives that strengthen investment accounting capabilities and support future business needs.
Support internal and external audits by ensuring control activities are performed effectively and documentation requirements are met.
What You’ll Bring
Bachelor’s degree in finance, Accounting, Business, Economics, Information Systems, or a related field.
7+ years of experience in investment operations, investment accounting, finance, or related functions.
Strong understanding of investment products and investment accounting principles.
Deep understanding of various investment security types.
Demonstrated experience leading projects, managing priorities, and delivering results in a deadline-driven environment.
Strong analytical, problem-solving, communication, and relationship-building skills.
Experience with PAM for Investments, Cognos, Oracle, or similar investment accounting and reporting platforms.
Advanced Excel and data analysis capabilities.
What Will Set You Apart
Experience leading teams and driving process improvement initiatives.
Exposure to global investment operations and multiple asset classes.
*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 $115,000 to $128,000. 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).
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.