Accounting Specialist | PGIM Ireland

Location: Based in Letterkenny – hybrid 2-3 days in office per week

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! 

What You Will Do:

PGIM Real Estate is seeking an Accounting Specialist to join its Agency Accounting Team. Supporting a team in Dallas, USA you will be responsible for the preparation of Agency mortgage loan journal entries corresponding to the life cycle of the loan (i.e., borrower deposit, rate lock, funding, and loan settlement) as well as maintaining the associated cash logs.

Other related responsibilities include accounting for Mortgage Servicing Rights (MSR’s), analytics (e.g., Revenue schedules and “Goal Posts”), PASS account reconciliations (Prudential’s system for assuring materially correct Balance Sheet account balances), Loan Fee accounting, debt (to fund loans) tracking, and creation of robust policies and procedures.

The ideal candidate will be collaborative, initiative-taking, and work well within a fast-paced, challenging environment. They will take ownership of their work and accountability for driving positive business outcomes.

What you can expect:

• Prepare Agency cash logs and corresponding journal entries.

• Prepare bank account reconciliations.

• Prepare closing wires and reconcile borrower’s deposits through Loan Fee Accounting.

• Prepare mortgage loan accounting entries (including preparation of and maintaining the Agency Mortgage Loan Master Files which track loans at rate lock, funding, and settlement).

• Review mortgage loan agreements to ensure use of correct interest rate and principal when preparing journal entries.

• Obtaining a solid understanding of the business to perform effective analytics (e.g., Revenue Schedules and Goal Posts).

• Prepare Balance Sheet reconciliations, and identify and institute account reconciliation efficiencies where warranted, in support of proper PASS account sign-off.

• Effectively partner across the organization with Investor Reporting, Investor Operations, Servicing, Asset Management, Portfolio Management, Controllers, Financial Reporting, and IT to ensure effective communications across the platform.

• Prepare various analytical reports and support special projects on an as needed / Ad Hoc basis.

What you will bring:

• Bachelor’s degree and 2+ years of relevant accounting experience

• Solid understanding of GAAP accounting principles.

• Strong accounting, research, and analytical skills.

• Ability to drive process improvement.

• Strong technical skills including advanced knowledge of Excel.

• Strong interpersonal, communication and partnering skills.

• Willingness to work extended hours and the ability to support other internal groups as needed.

• Exceptional Microsoft Office skills (Excel, Word)

What Will Set You Apart:

• Public accounting firm experience / CPA / MBA a plus

• Experience in commercial real estate, Financial Services, or Asset Management industry is beneficial but not required.

• Real Estate industry knowledge of debt/equity terms and financial application

• Experience with SQL Oracle GL systems.

*We know not everyone will meet all of the requirements and we encourage you to apply if you think your skills could be a good fit for this role.

What we offer you

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.

• Annual Leave of 23 days at full pay.

• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.

• Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free.

• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.

• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

Our Commitment to Diversity, Equity, and Inclusion

PGIM has a long-held commitment to advancing diversity, equity and inclusion, rooted in the belief that this is a prerequisite for PGIM's success and sustainability. We work to attract, retain, develop and promote talent at all levels and aim to have a workforce that reflects the communities where we work, live and invest. We are intentional about creating a workplace where everyone has a voice and is welcomed, valued, respected and understood. From the moment people join PGIM, we pledge to help them unlock their full potential. Together, we are shaping a future where talent knows no boundaries.