Director, Investment Reporting & Analysis (Hybrid)

Transamerica; Cedar Rapids (IA); Hybrid; USD 159,000 - 210,000; Full time

Job summary

Transamerica in Cedar Rapids, IA is seeking a senior accounting professional to lead investment accounting and reporting within a dynamic finance team. The role blends US GAAP and statutory accounting with investment strategy, and requires steering multiple teams to deliver accurate results.

This hybrid position offers in-office Tuesdays through Thursdays, with competitive compensation and bonus eligibility.

Qualifications

• Bachelor’s degree in accounting or finance, or equivalent experience.
• 12 years of accounting/finance experience including eight years of management.
• Extensive knowledge of investments, premiums, corporate finance.
• Strong leadership and people management skills.
• Advanced Excel and financial systems.

Responsibilities

• Deliver investment results and supporting analysis to leadership with timely quality and in clear & concise manner.
• Align with internal stakeholders and external business partners to optimize quality and insight around results.
• Combine US GAAP and US Statutory accounting & reporting expertise with investment strategy knowledge.
• Own 'one version of the truth' for investment results reporting and streamline the reporting suite for stakeholders.
• Ad-hoc requests related to investment assets and derivative positions and results.
• Lead and manage multiple teams across a department of related functions.
• Provide input on resource prioritization and performance assessment of employees.
• Direct major change initiatives and ensure quality/delivery within timelines and budget.

Skills

Leadership

Communication

Organizational skills

Prioritization

People management

Education

Bachelor’s degree in accounting or finance

Tools

Excel

Power BI

Financial systems

Job description

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.

Job Family

Finance - General

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

Combine expertise with accounting frameworks, investment strategy, and the perspective of an external analyst to ensure relevant result drivers are made clear to company leadership. Be a key influencer of the mission and vision of investment accounting & reporting at the company.

Job Description

Responsibilities

• Ensure investment results & relevant supporting analysis is delivered to company leadership with timely quality and in clear & concise manner.
• Align with internal stakeholders and external business partners to optimize quality and insight around results – backed by data.
• Combine US GAAP and US Statutory accounting & reporting expertise with investment strategy knowledge
• Own 'one version of the truth' for investment results reporting, including rationalization and simplification of existing management report suite to stakeholders
• Ad-hoc requests are managed and anticipated (related to investment asset & derivative positions and results)
• Be both a leader with vision and "find a way" confidence while also be hands-on and apply experience to navigate and manipulate data & systems quickly
• Investment asset budget cycle optimization and ownership (end to end), including deliverable and stakeholder management
• Lead multiple teams and projects within a department of related but separate functions.
• Provide input and leadership regarding resource prioritization, allocation of resources, and performance assessment of employees.
• Direct major change initiatives; ensure quality of work and delivery within timelines/budget.
• Serve as SOX process owner; understand processes and controls to ensure accuracy and completeness.
• Oversee treatment of reporting errors and control deficiencies.
• Oversee Statement of Work contract language with external vendors.

Qualifications

• Bachelor’s degree in accounting or finance, or equivalent experience
• 12 years of accounting/finance experience including eight years of management experience
• Extensive knowledge of assigned business area (e.g. investments, premiums, corporate finance)
• Strong leadership and people management skills
• Ability to effectively communicate, orally and in writing, to diverse audiences
• Organizational and prioritization skills
• Advanced computer skills in MS Office, Excel and financial business systems

Preferred Qualifications

• CPA, CFA, and/or MBA
• Investment data storage and manipulation (Excel pivot tables, Power BI, Hyperion Essbase Cubes, etc)

Working Conditions

• Hybrid (In Office: Tuesdays, Wednesdays & Thursdays)

The Salary for this position generally ranges between $159,000 - $210,000 annually.

Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

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