Senior Financial Analyst - Investment Operations (Hybrid)

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. * 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 diverse and complex. This position is within Investment Reporting and will be primarily accountable for the day-to-day coordination and prioritization of asset transfer requests. In addition, the candidate will lead efforts to identify and resolve data exceptions within the investment accounting system, complete reconciliations and resolve variances between the Oracle general ledger and Clearwater, as well as liaison with the ERP team to improve data and processes using the ARCs reconciliation tool.

Job Description

Responsibilities

• Lead coordination, communications and prioritization of asset transfer requests and ensure business requirements are met timely.

• Responsible for PIMR accounting and reporting.

• Responsible for core system integrity and data quality in accordance with accounting policy and processing procedures and financial data is accurate based upon accounting and investment knowledge.

• Responsible for oversight, review, and approval of Reconciliations for fixed income assets in ARCs.  Partner with ERP to understand functionality and system capability to support Investment Reporting reconciliation requirements.

• Responsible for oversight, review and monitoring of suspense balances for fixed income assets

• Responsible for monthly reconciliations from source back to general ledger to ensure accuracy and completeness of financial records and if necessary, prepare correcting journal entries.

• Responsible for assisting with preparation of regulatory financials on a Statutory accounting basis.

• Respond to requests received from management and other departments.

• Understands the flow of information and uses that knowledge to troubleshoot problems.

• Accountable for maintaining a positive, proactive relationship with internal and external stakeholders.

• Recommend changes to processes to improve and achieve greater efficiencies by documenting business requirements and participating in testing efforts.

• May mentor other analysts with reconciliations and other operational processes.

Qualifications

• Bachelor’s degree in Accounting or Finance and/or equivalent work experience.

• Minimum of 5 years experience, with degree.

• Advanced computer skills.

Preferred Qualifications

• •    Knowledge of accounting, for example preparation of journal entries, reconciliations, etc.
• Knowledge of investment vehicles for example, securities, residential mortgage loans, private equities, etc.
• Working knowledge of reporting on a Statutory basis
• Customer-oriented with demonstrated communication skills both orally and written
• Demonstrated experience with complex problem solving both as an individual as well as within a team.
• Attention to detail and accuracy
• Deadline driven with the ability to multi-task and work effectively individually and within a team

Working Conditions

• Hybrid Office Environment. (In office on Tuesdays, Wednesdays, and Thursdays.)

• Fast- paced deadline- driven office environment.

• Occasional Travel 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.

Disclaimer

Beware of fake job offers!

We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

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.

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

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Competitive Pay

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Bonus for Eligible Employees

Benefits Package

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Pension Plan

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401k Match

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Employee Stock Purchase Plan

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Tuition Reimbursement

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Disability Insurance

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Medical Insurance

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Dental Insurance

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Vision Insurance

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Employee Discounts

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Career Training & Development Opportunities

Health and Work/Life Balance Benefits

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Paid Time Off starting at 160 hours annually for employees in their first year of service.

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Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

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Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

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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.

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Adoption Assistance

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Employee Assistance Program

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Back-Up Care Program

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PTO for Volunteer Hours

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Employee Matching Gifts Program

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Employee Resource Groups

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Inclusion and Diversity Programs

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Employee Recogniti