Accounting Specialist

Investment Operations Overview: The mission of Investment Accounting Operations is to perform timely and accurate transaction processing and cash collection for Public and Private assets managed by Prudential, in a highly controlled fashion, and to make quality data available to investment managers, enterprise reporting units and clients to enable the appropriate completion of Regulatory, Investment and Performance Reporting.

The Accounting Specialist is responsible for maintaining investment, accounting, reporting and record keeping systems to support Prudential Business Units. Responsibilities will include:

* trade processing
* review the financial statements of Limited Partnerships/Joint Ventures
* processing for corporate actions, deal restructurings and write-offs/write downs
* return of capital, principal, interest and dividend processing
* processing P & L pick up
* following STAT and GAAP accounting rules for processing Other Invested Assets
* preparation of manual vouchers
* preparation of wire transfer and support for money movements related to bank activity
* ensure cash is being properly reflected in Ledger and is in accordance with bank cash activity
* perform/account for securities moves
* special projects
* monitor data integrity
* over time required during peak periods


Skills
The ideal candidate will have experience in accounting for joint ventures and other invested assets, focusing primarily on partnership accounting, is motivated, confident, enjoys being challenged and works well individually and in a team-based environment.
Requirements also include:

* Experience with equity method and cost accounting for partnerships preferred
* Experience using Investran preferred
* Accounting degree
* Knowledge of financial statements/K-1s
* Minimum 3.0 GPA preferred
* Ability to organize and prioritize tasks and work in a deadline oriented environment
* Strong oral and written communication skills
* Strong analytical and problem solving skills
* Strong interpersonal skills
* PC skills with knowledge of spreadsheets, word processing and electronic mail
* Ability to learn and adapt to database and client server applications and reporting tools
* Minimum of 3 years of accounting experience

Company: Prudential
Location: USA-NJ-Newark
Compensation: not disclosed
Position Type: Permanent
Employment type: Full time
Updated: Feb 9, 2011
eFC Ref no: 757639

To APPLY go to: http://jobs.efinancialcareers-canada.com/job-4000000000745396.htm