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Transamerica

Senior Accountant

Posted Yesterday
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In-Office
Cedar Rapids, IA
Senior level
In-Office
Cedar Rapids, IA
Senior level
Performs complex accounting functions including preparing and analyzing financial statements, ensuring accurate journal entries and controls, supporting statutory and tax reporting, overseeing nightly pricing/valuation and batch cycles, recommending process improvements, and participating in or leading project teams.
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Job Family

Financial Accounting & Reporting

About Us 

 

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.  

 

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there. 

     

Who We Are 

 

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life 

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. 

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms. 

What We Do 

 

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs. 

 

Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.  

Job Description Summary

Performs complex accounting functions. Utilizes general accounting and financial principles and techniques, and assists in obtaining, assembling, evaluating, interpreting, recording and analyzing financial data. Prepares financial reports and performs financial analysis.

Job Description

Responsibilities

  • Responsible for the accounting of complex transactions typically associated with advanced accounting such as verifying the accuracy of journal vouchers and accounting classifications assigned to various records; processing and summarizing financial transactions; preparing income and balance sheet statement; assisting in the preparation of financial reports (e.g., for shareholders, policy owners, regulatory authorities and management) and state and federal tax returns.

  • Works with both internal and external sources to ensure proper reporting of financial data.

  • Completes and provides a complete analysis of accounting topics relevant to the area.

  • Identifies, researches and recommends solutions to areas of concern in relation to accounting information.

  • Seeks out potential areas of improvement (for example, workflow, automated processes), by documenting business processes, identifying controls and deficiencies, testing identified controls, and mapping internal financial statements to business processes.

  • Develops nonstandard reports and statements. Prepares information for use by a higher authority; communicates methodology and areas of concern.

  • Participates on project teams or leads project teams.

  • Responsible for adherence to the company's framework of internal controls.

  • Reviews and analyzes budget to actual variances and related operation reporting for Division managers.

  • May be responsible for the quarterly and annual preparation and review of statutory financial reporting.

  • May have supervisory responsibilities, or review work or train other accountants.

  • Perform oversight of nightly pricing/valuation activities, and support daily batch cycles

  • Support fund change, audit, compliance, and other tasks as assigned

Qualifications

  • Bachelors degree in Accounting or equivalent education/experience.

  • Minimum of 5 years of experience, with degree.

Preferred Qualifications

  • Solid knowledge of accounting area preferred (for example, investments, insurance products, premium, tax).

  • Ability to effectively communicate orally and in writing, ability to handle multiple projects, willingness to take on new projects, customer service approach.

  • Work effectively individually and within a team, organizational and prioritization skills, effective judgment.

  • Detail-oriented, accurate, ability to easily move from one task to another.

Working Conditions

  • Hours: 8:00 a.m. – 9:00 p.m. with required flex time daily from 5:00 p.m. until work is completed.

  • Role includes post market close responsibilities from 5:00pm to 9:00pm CST, with the expectation of flexibility to remain until work is completed. Pre-market close hours may be flexible as the schedule allows.

  • Fast- paced deadline- driven office environment.

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

What We Offer  


For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees. 


Compensation Benefits 

  • Competitive Pay 

  • Bonus for Eligible Employees 


Benefits Package 

  • Pension Plan 

  • 401k Match

  • Employee Stock Purchase Plan

  • Tuition Reimbursement

  • Disability Insurance

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Employee Discounts

  • Career Training & Development Opportunities


Health and Work/Life Balance Benefits 

  • Paid Time Off starting at 160 hours annually for employees in their first year of service.

  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars 

  • Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

  • Adoption Assistance

  • Employee Assistance Program

  • Back-Up Care Program

  • PTO for Volunteer Hours

  • Employee Matching Gifts Program

  • Employee Resource Groups

  • Inclusion and Diversity Programs

  • Employee Recognition Program

  • Referral Bonus Programs


Inclusion & Diversity  

  

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women. 

  

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all. 

   

Giving Back  

  

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.     

  

Transamerica’s Parent Company  


Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has  grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.   

* As of December 31, 2023


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