Director, Investment Reporting & Analysis (Hybrid)

Transamerica; Philadelphia (Philadelphia County); Hybrid; USD 159,000 - 210,000; Full time

Benefits offered by this job

Competitive Pay

Annual Bonus Eligible

Benefits Package

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Job summary

Transamerica is seeking a senior finance professional to lead investment accounting and reporting across US GAAP and statutory frameworks. The role influences leadership with accurate analyses and a clear, unified reporting view.

The position requires extensive experience in investments and corporate finance, strong leadership, and the ability to collaborate with internal partners and external vendors in a hybrid work environment.

Qualifications

• Bachelor's degree in accounting or finance or equivalent experience
• 12 years of accounting/finance experience including 8 years of management
• Extensive knowledge of investments, premiums, corporate finance
• Strong leadership and people management skills
• Ability to communicate effectively to diverse audiences

Responsibilities

• Deliver investment results and supporting analyses to leadership clearly and timely.
• Coordinate with internal stakeholders and external partners for quality insights.
• Apply US GAAP and US Statutory accounting and reporting to investment work.
• Own the truth across investment results reporting and simplify reports.
• Manage ad-hoc requests related to investment assets and positions.
• Lead multiple teams and projects within related functions.
• Prioritize resources and assess performance of staff.
• Oversee major change initiatives within timelines and budget.
• Serve as SOX process owner and manage controls.
• Oversee reporting errors and remediation.

Skills

Leadership

Communication skills

Power BI

Excel & financial software

Education

Bachelor's degree in accounting or finance

CPA/CFA/MBA (preferred)

Tools

Hyperion Essbase Cubes

Pivot tables in Excel

MS Office

Job description

Job Family Finance - General 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.

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)

Salary

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

• Competitive Pay
• Bonus for Eligible Employees
• Benefits Package
• Pension Plan
• 401k Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance