PGIM Real Estate -Accounting Specialist
Prudential Financial, Inc in, Dallas, Texas, United States, 75215
PGIM Real Estate - Accounting Specialist (Finance)
PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. We are looking for a Senior Accountant to join our Agency Accounting Team in Dallas, TX.
What you will do: The PGIM Real Estate Loan Servicing business has an immediate opportunity within the accounting division. The Senior Accountant will be responsible for the preparation of Agency mortgage loan journal entries throughout the loan life cycle (borrower deposit, rate lock, funding, settlement) and for maintaining 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, loan fee accounting, debt tracking, and creation of robust policies and procedures.
The ideal candidate is collaborative, initiative‑taking, and works well in a fast‑paced environment. They take ownership of their work and accountability for driving positive business outcomes.
This position is based out of our Dallas, TX office. The organization follows a hybrid work structure where employees work remotely and from the office. Expect to be in the Dallas office three times a week.
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 and maintenance of the Agency Mortgage Loan Master Files.
Review mortgage loan agreements to ensure use of correct interest rate and principal when preparing journal entries.
Obtain 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, supporting 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.
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 support other internal groups as needed.
Exceptional Microsoft Office skills (Excel, Word).
Ability to multitask, self‑motivate and prioritize work effectively in a fast‑paced environment; enjoys problem solving and collaboration.
What will set you apart:
Public accounting firm experience / CPA / MBA.
Experience in commercial real estate, financial services, or asset management industry.
Real‑estate industry knowledge of debt/equity terms and financial application.
Experience with SQL or Oracle GL systems.
We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
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.
401(k) plan with company match (up to 4 %).
Company‑funded pension plan.
Wellness programs, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing.
Work/life resources to 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 an approved degree and many accredited certificate programs.
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.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, wherein an award, if any, depends on various factors including, without limitation, individual and organizational performance. Some of the above benefits may not apply to part‑time employees scheduled to work less than 20 hours per week.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
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What you will do: The PGIM Real Estate Loan Servicing business has an immediate opportunity within the accounting division. The Senior Accountant will be responsible for the preparation of Agency mortgage loan journal entries throughout the loan life cycle (borrower deposit, rate lock, funding, settlement) and for maintaining 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, loan fee accounting, debt tracking, and creation of robust policies and procedures.
The ideal candidate is collaborative, initiative‑taking, and works well in a fast‑paced environment. They take ownership of their work and accountability for driving positive business outcomes.
This position is based out of our Dallas, TX office. The organization follows a hybrid work structure where employees work remotely and from the office. Expect to be in the Dallas office three times a week.
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 and maintenance of the Agency Mortgage Loan Master Files.
Review mortgage loan agreements to ensure use of correct interest rate and principal when preparing journal entries.
Obtain 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, supporting 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.
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 support other internal groups as needed.
Exceptional Microsoft Office skills (Excel, Word).
Ability to multitask, self‑motivate and prioritize work effectively in a fast‑paced environment; enjoys problem solving and collaboration.
What will set you apart:
Public accounting firm experience / CPA / MBA.
Experience in commercial real estate, financial services, or asset management industry.
Real‑estate industry knowledge of debt/equity terms and financial application.
Experience with SQL or Oracle GL systems.
We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
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.
401(k) plan with company match (up to 4 %).
Company‑funded pension plan.
Wellness programs, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing.
Work/life resources to 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 an approved degree and many accredited certificate programs.
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.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, wherein an award, if any, depends on various factors including, without limitation, individual and organizational performance. Some of the above benefits may not apply to part‑time employees scheduled to work less than 20 hours per week.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
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