Job FamilyBusiness Control & Financial Planning
Job Description SummaryResponsible for supporting the day-to-day execution of the Transamerica Business Controls program within the first line of defense. Testing controls to determine if they are designed and operating in a manner that achieves the company's regulatory and risk management objectives in support of both SOX and Operationally focused reviews. Supporting our external auditors by collecting and reviewing requested evidence. Assisting in the design and enhancement of controls in response to actual and conceptual risk events.
Job Description Responsibilities- Perform testing, and in some cases review the testing of others, in support of first line of defense control evaluate program and Transamerica SOX program.
- Facilitate external audits (e.g. SOC) by pulling populations and support, and answering questions form external auditors
- Support process reviews to identify risks, controls, control gaps, and control enhancement opportunities.
- Evaluate the design of internal controls and make recommendations for improvement.
- Identify control gaps and opportunities for control enhancement in response to actual and conceptual risks identified
- As appropriate, partner and liaise with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
- Build and maintain relationships with stakeholders, keeping them informed of testing progress and findings.
- Collaborate with business management in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.
- Support the tracking of control deficiencies and perform validation and closure of control issues.
- Conduct control walk throughs and help identify and understand impacts of applicable risks and related controls as part of risk assessment programs.
- Assist the business in understanding the control implications resulting from changes to people, process, technology.
- Provide support for special projects and initiatives
- Document process flows, with a focus on internal controls.
Qualifications- Bachelor's degree in accounting or relevant field, or equivalent work experience.
- Seven years of experience in internal controls, audit or risk management within the financial services industry.
- In-depth experience working on internal audits and/or operational risk assessments.
- Ability to document and verbally communicate financial reporting processes in a clear and concise manner, including assessment of design and operating effectiveness of controls.
- Communication skills to educate/raise awareness of foundational elements/methodologies needed to support an internal control framework.
Preferred Qualifications- CPA
- Big 4 public accounting experience working with controls within the Sarbanes-Oxley environment.
Working Conditions- Hybrid (In Office; Tuesdays, Wednesdays, Thursdays)
The Salary for this position generally ranges between $103,000 - $125,000 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.
Disclaimer:Beware of fake job offers!
We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer-not through text or email.
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
- Competitive Pay
- Bonus for Eligible Employees
Benefits Package
- 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