PGIM Real Estate – Manager, Fund Operations; Newark, NJ​/Hybrid

Position: PGIM Real Estate – Manager, Fund Operations (Newark, NJ/Hybrid)
* Oversight of the third-party fund administrator  + Ensuring adequate oversight controls are in place and working properly  + Providing proper instructions and direction as needed  + Managing a calendar of deliverables including changes and up/downstream impacts  + Tracking Key Performance Indicators to gauge performance  + Balancing expectations/relationships between the business and fund administrator
* Ensuring the timely and accurate preparation of:  + quarterly and annual financial statements;  + monthly, quarterly, annual and multi-year performance returns  + monthly, quarterly data submission to various industry organizations and consultants;  + client deliverables (client/consultant questionnaires and ahoc request);  + portfolio analytics deliverables (leasing and other real estate metrics);  + investor level reporting (client traces, exhibits, unit value calculations)
* Supporting the Asset Managers in on-going operational matters;
* Interacting with PGIM Real Estate Legal and Transaction staff on the acquisitions and sales of investments;
* Interacting with PGIM Real Estate Policy group in implementing new accounting policies and the application of the appropriate accounting treatment in various complicated transactions;
* Interacting with PGIM Real Estate Systems on various initiatives as it impacts property/portfolio data;
* Overseeing various audits with internal and external auditors;
* Contributing to firm wide projects, initiatives, and process improvements as they pertain to assigned portfolios or the overall Fund Operations team.
* Bachelor’s degree in Accounting required
* 5-8 years of experience in financial accounting including financial statement preparation and review; experience in the real estate investment company industry strongly preferred
* Prior experience in public accounting or CPA strongly preferred
* Understanding of generally accepted accounting principles as it relates to fair market value of real estate investment company accounting.
* Understanding of data validation and flow as it relates to accounting/operations deliverables and their down streams effect on other reporting systems/teams.
* Experience with managing a third-party fund administrator a plus
* Knowledge of and experience with REIT structures and taxation
* Ability to manage and prioritize multiple processes within tight deadlines while responding to various requests from multiple parties
* Commitment to process improvement and always looking to add value
* Working knowledge of joint venture waterfalls and income calculations
* Experience calculating or reviewing asset management and/or incentive fee calculations
* Knowledge of performance return calculations and GIPS a plus
* Proficient in Excel
* Strong leadership and management skills
* Strong analytical, organizational and problem solving skills
* Strong interpersonal, communication and partnering skills
** 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.  Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec.

31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit
** Our Commitment to an Inclusive Workplace
** Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life…