Description:
Prudential Financial is seeking a motivated individual to join the Tax Department located in Newark, NJ. The position requires a team player that is highly organized, responsive, analytical and flexible and can handle multiple projects while producing accurate and timely results. The primary responsibilities of the position will include financial reporting and forecast, US tax compliance, and tax planning and analysis for Prudential’s International Insurance business.
Responsibilities Include, But Are Not Limited To The Following
- Preparation or review of quarterly and annual financial reporting and analysis of US GAAP and Adjusting Operating Income taxes for international life insurance, non-insurance entities, and/or US affiliates
- Preparation of quarterly US taxable income forecast for international life insurance, non-insurance entities, and/or US affiliates
- Preparing estimated earnings and profits, GILTI, subpart F inclusion for forecast, actual, and modeling purposes.
- Analyzing US GAAP pre-tax income drivers and US GAAP/Cash Tax impacts.
- Preparing of US GAAP income tax and US cash tax models for M&As and developing tax legislative changes
- Partnering with International Business Unit Controllers, Actuarial, Treasury, Investment Teams in the US and other countries
- Partnering with co-sourcing partners in preparation of International Tax Compliance for controlled foreign corporations, controlled foreign partnerships, and disregarded foreign entities.
- Partnering with external service provider in preparation of US transfer pricing documentation
Qualifications
Education/Experience Requirements:
- Bachelor’s degree in accounting, finance, economics or other related business disciplines required
- CPA and/or master’s degree in tax or accounting a plus
- Corporate Tax experience (2-3 years) - financial services sector is preferred; life insurance experience a plus
- Strong oral and written communication skills
- Excellent organizational/analytical skills required
- Proven leadership track record strongly desired
- Solid PC skills with a working knowledge of Microsoft Office 365
- CorpTax Compliance & Financial reporting software
Additional Knowledge/Skills
- US GAAP Income Tax Accounting (ASC740)
- Understanding of life insurance taxation (SSAP 101) a plus
- Understanding of international tax concepts (GILTI, Sub F, E&P, BEAT) a plus
- Understanding of financial service companies including insurance, investments, and asset management a plus
- Strong work ethic and able to partner in a team-oriented environment
- Organized and flexible - ability to manage multiple projects/assignments, while meeting deadlines