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Prudential Financial
is hiring
Business Analyst
About Our Company
Prudential Financial (NYSE:PRU) was founded on the belief that financial security should be within reach for everyone, and for over 140 years, we have helped our customers reach their potential and tackle life's challenges for now and future generations to come. Today, we are one of the world’s largest financial services institutions, offering individual and institutional clients a wide array of financial products and services. With operations in the United States, Asia, Europe and Latin America, we are known for delivering on our promises to our customers, and are recognized as a trusted brand and one of the world’s most admired companies. We also have one of the most recognized and trusted brand symbols: The Rock®, an icon of strength, stability, expertise and innovation. We measure our long-term success on our ability to deliver value for shareholders, meet customer needs, and attract and develop the best talent in our industry. We offer an inclusive work environment where employees can develop to their full potential, and give back to the communities where we live and work.
Job Description & Responsibilities
The Sourcing & Procurement AP Business Analyst is responsible for the daily production tasks related to AP quality assurance oversight and reporting, service level escalations, and system issues, enhancements, and efficiencies. This role includes engagement with all Prudential US business groups and corporate centers. The associate will be a vital member of Prudential’s Global Sourcing & Procurement (GSP) Organization within the Prudential Finance Department. GSP seeks to empower Prudential globally to drive the greatest value by leveraging supplier partnerships – providing its customers with easy access to products and services at the greatest value through business insights, market knowledge, seamless and efficient processes, and professional expertise.
This position is in Newark, NJ. The current employee work arrangement for this position is Hybrid and requires your on-site presence on a recurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
Specific responsibilities for the day-to-day operations include but are not limited to the following:
- Perform the AP Services Operations quality assurance monitoring
- Monitor Prudential’s outsourced AP resources’ performance
- Respond to AP expense processing issues and escalations
- Build relationships with business groups, corporate centers, and outsourced associates
- Support User Acceptance Testing for system changes and Business Continuation testing
- Conduct end user training on AP applications
- Create and maintain Standard Operating Procedures
- Compile metrics and other operational statistics
- Assist in special projects, initiatives and ad-hoc report and analysis requests
- Continuously identify process efficiencies and improve effectiveness
- Overtime required during peak periods
Requirements
What you’ll need:
- Bachelor’s degree
- Proven ability to be proactive, work independently and with a team
- Strong problem solving, time management and organizational skills
- Excellent oral and written communication and interpersonal skills to navigate and resolve issues
- Ability to quickly adapt to new technology
It’d be a plus if you had:
- Experience working with Oracle Financial Applications, Microsoft Excel, and Word
- Previous experience working in a procurement function
Prudential 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
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
- Retirement plans:
- 401(k) plan with company match (up to 4%)
- Company-funded pension plan
- Wellness Programs to help you achieve your wellbeing goals, 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.
- Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
- Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
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 $62,500.00 to $93,000.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.
