Financial Analyst-Consolidated Reporting (Hybrid)

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

Benefits offered by this job

Competitive Pay

Bonus for Eligible Employees

Pension Plan

401k Match

Tuition Reimbursement

Medical Insurance

Paid Time Off

Job summary

Transamerica is seeking a financial analyst in Cedar Rapids, IA for a hybrid role requiring three days in the office per week. The position involves IFRS-based financial analysis, data extraction from systems, and consolidation for forecasting and reporting.

The ideal candidate holds a Bachelor’s degree in Accounting or Finance with up to two years of experience and strong Excel and Office skills. Competitive pay and comprehensive benefits are offered.

Qualifications

• Bachelor’s degree in Accounting or Finance and/or equivalent work experience.
• Up to 2 years of experience, with degree.
• Advanced computer skills.
• Base knowledge of Microsoft Office, specifically Microsoft Excel.

Responsibilities

• Performs professional financial analysis work based mainly on IFRS, which involves: extracting financial data from various accounting and information systems, compilation, consolidation and appropriate analysis of financial data.
• Analyze, test and verify information compiled is correct and/or reasonable based upon accounting and financial analysis knowledge.
• Respond to requests received from management and other departments.
• Understands the flow of information and uses that knowledge to troubleshoot problems.
• Participates in monthly and quarterly accounting processes to ensure accuracy and completeness of financial records.
• Explains to others how analysis was produced and or reported.
• Updates and consolidates financial reports for forecasting, trending and results analysis.
• Supports business unit reporting needs, as well as performing duties related to the Corporate business reporting unit.
• Assists with project work and may serve as a member of divisional project team.
• Responsible for adherence to the company's framework of internal controls.
• Improve procedures, update and organize documentation of reporting and planning processes.

Skills

Advanced computer skills

Excel

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

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.

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 accounting, financial reporting and analysis functions, Responsible for applying financial analysis knowledge and judgment to activities that are routinely performed.

Responsibilities

• Performs professional financial analysis work based mainly on, but not limited to, International Financial Reporting Standards (IFRS), which involves: extracting financial data from various accounting and information systems, compilation, consolidation and appropriate analysis of financial data.
• Analyze, test and verify information compiled is correct and/or reasonable based upon accounting and financial analysis knowledge.
• Respond to requests received from management and other departments.
• Understands the flow of information and uses that knowledge to troubleshoot problems.
• Participates in monthly and quarterly accounting processes to ensure accuracy and completeness of financial records.
• Explains to others how analysis was produced and or reported.
• Updates and consolidates financial reports for forecasting, trending and results analysis.
• Supports business unit reporting needs, as well as performing duties related to the Corporate business reporting unit.
• Assists with project work and may serve as a member of divisional project team.
• Responsible for adherence to the company's framework of internal controls.
• Improve procedures, update and organize documentation of reporting and planning processes.

Qualifications

• Bachelor’s degree in Accounting or Finance and/or equivalent work experience.
• Up to 2 years of experience, with degree.
• Advanced computer skills.
• Base knowledge of Microsoft Office, specifically Microsoft Excel.

Preferred Qualifications

• Working knowledge of financial area preferred (for example, investments, insurance products, premium).
• Ability to effectively communicate orally and in writing, customer service approach.
• Detail-oriented, accurate; analytical, work effectively individually and within a team, organizational and prioritization skills.

Working Conditions

• This is a hybrid position requiring three days in office per week at our Cedar Rapids, IA office.
• Relocation assistance will not be provided for this position.
• Fast paced deadline-driven office environment.

Compensation

The Salary for this position generally ranges between $53,000 - $70,000 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.

Benefits

• Competitive Pay
• Bonus for Eligible Employees
• 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

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.

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by 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.

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visitwww.transamerica.com. * As of December 31, 2022 For more information about Transamerica’s privacy practices, click here.