Financial Analyst

Transamerica; Cedar Rapids (IA); Hybrid; USD 53,000 - 70,000; Full time

Job summary

Transamerica, based in Cedar Rapids, IA, seeks a Financial Analyst-Consolidated Reporting for a hybrid role. You will perform IFRS-based analyses, consolidate financial data across business segments, and support monthly and quarterly close processes.

The position requires a Bachelor’s in Accounting or Finance, up to 2 years of experience, and proficiency with Microsoft Excel. This role supports corporate reporting within the Finance team.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Up to 2 years of relevant work experience.
• Advanced Excel and Microsoft Office skills.
• Strong analytical thinking and attention to detail.

Responsibilities

• Financial Analysis: IFRS-based analysis and data consolidation from various systems.
• Data Verification: verify accuracy and reasonableness of financial information.
• Stakeholder Support: respond to management requests and explain analyses.
• Reporting Processes: contribute to monthly and quarterly close processes.
• Report Consolidation: update and consolidate reports for forecasting and trend analysis.
• Project Contributions: assist with various project work and divisional teams.
• Process Improvement: improve procedures and documentation within reporting.

Skills

Analytical thinking

Detail oriented

Written communication

Oral communication

Organizational skills

Prioritization

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

Microsoft Office

Job description

Financial Analyst-Consolidated Reporting (Hybrid) | Transamerica

The Tone:

This is a hybrid role at Transamerica, located in Cedar Rapids, IA, requiring in-office presence Tuesday through Thursday. Transamerica, a part of the international Aegon group, is a financial services company dedicated to helping millions of customers achieve financial freedom through insurance, retirement, and investment solutions. The company values hard work, innovative thinking, and personal accountability. This position plays a critical part in the Finance department, specifically within Corporate, ensuring the accuracy and integrity of financial reporting across Transamerica’s diverse business segments, which include World Financial Group, Protection Solutions, Savings & Investments, and Financial Assets. The Financial Analyst directly supports the company’s mission by providing reliable consolidated financial data essential for strategic decision-making and adhering to International Financial Reporting Standards.

The TL;DR

• Role: Early Career
• Location: Hybrid Cedar Rapids, IA
• Pay: $53000–$70000 yearly
• Team: Finance, supporting the Corporate business reporting unit
• Mission: Perform accurate financial analysis and consolidated reporting, adhering to IFRS, to support management and business units.
• Tech Stack: Microsoft Office, Microsoft Excel

What You’ll Actually Do

• Financial Analysis: Perform professional financial analysis, primarily based on International Financial Reporting Standards (IFRS), which involves extracting financial data from various accounting and information systems, as well as compiling and consolidating data.
• Data Verification: Analyze, test, and verify compiled financial information for correctness and reasonableness, applying sound accounting and financial analysis knowledge.
• Stakeholder Support: Respond to requests from management and other departments, explaining how analysis was produced and reported, and troubleshooting problems by understanding information flow.
• Reporting Processes: Participate actively in monthly and quarterly accounting processes to ensure the accuracy and completeness of financial records.
• Report Consolidation: Update and consolidate financial reports used for forecasting, trending, and comprehensive results analysis, supporting both business unit and Corporate reporting needs.
• Project Contributions: Assist with various project work and may serve as a contributing member of divisional project teams.
• Process Improvement: Continuously improve procedures, update, and organize documentation related to reporting and planning processes, ensuring adherence to the company’s internal controls framework.

The Must-Haves

• Background: Bachelor’s degree in Accounting or Finance.
• Experience: Up to 2 years of relevant work experience with a degree.
• Skills: Advanced computer skills, base knowledge of Microsoft Excel, analytical thinking, detail-orientation, effective written and oral communication, organizational and prioritization abilities.
• Bonus: Working knowledge of financial areas such as investments, insurance products, or premium, along with a customer service approach.