Senior Financial Analyst

Company:  Transamerica
Location: Little Ferry
Closing Date: 04/11/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / 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 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, visit .

Job Description Summary
This is a role responsible for providing technical accounting guidance related to Transamerica's Investment Reporting & Disclosures. Will serve as a technical resource on Investment assets and derivatives under IFRS, Statutory, US GAAP, and Solvency II. This role offers a high level of responsibility and visibility while also offering the chance to influence and set direction.

Job Description

Responsibilities:

  1. Monitoring of developing accounting pronouncements and implementation of new accounting and disclosure guidance under IFRS, Statutory, US GAAP and Solvency II.
  2. Accounting Research - reading guidance & applying it as part of creating or reviewing an accounting or reporting position for unique asset / derivative types or transactions.
  3. Organization and maintenance of US Accounting Policy Manual for Investments.
  4. Drafting and/or updating accounting & reporting policies and position papers for Investment assets and derivatives under all bases of accounting.
  5. Work with other departments / divisions to ensure business issues are resolved for the success of the Company.
  6. Error / Issue paper creation or review, including root cause analysis & remediation plan (including recommended control updates).
  7. Point of contact with external auditor, US Corporate Accounting policy, Group Accounting Policy, and internal controls.
  8. Assist with quarterly or annual reporting.

Specific topical examples include:

  1. Asset categorization and classification for reporting purposes.
  2. Materiality assessments related to errors & issue papers.
  3. Consolidation assessment (e.g., IFRS 10) of partially owned investments (joint ventures, unique structures).
  4. Achieving hedge accounting under IFRS, Statutory, and/or US GAAP on new or contemplated hedge programs.

Qualifications:

  1. Bachelor’s degree in Accounting or Finance and/or equivalent work experience.
  2. Minimum of 5 years experience, with degree.
  3. Advanced computer skills.

Preferred Qualifications:

  1. Solid knowledge of accounting/financial area preferred (for example, investments, insurance products, premium).
  2. Ability to effectively communicate orally and in writing, ability to handle multiple projects, customer service approach, willingness to take on new projects, analytical.
  3. Work effectively individually and within a team; organizational and prioritization skills.

Working Conditions:

  1. Fast paced deadline-driven office environment, occasional travel.
  2. Commuting Remote employees will need to report to a Company office location at times, but will perform their work primarily remotely.

The Salary for this position generally ranges between $75,000 - $90,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

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:

  1. Competitive Pay
  2. Bonus for Eligible Employees

Benefits Package:

  1. Pension Plan
  2. 401k Match
  3. Employee Stock Purchase Plan
  4. Tuition Reimbursement
  5. Disability Insurance
  6. Medical Insurance
  7. Dental Insurance
  8. Vision Insurance
  9. Employee Discounts
  10. Career Training & Development Opportunities

Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals.

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