Lead Internal Controls Analyst (Hybrid)

Transamerica•Cedar Rapids, IA

4d•Hybrid

About The Position

The Lead Internal Controls Analyst supports day-to-day execution of Transamerica’s Business Controls program within the first line of defense. The role tests controls to determine whether they are designed and operating effectively to meet regulatory and risk-management objectives, supporting both SOX and operationally focused reviews. It also supports external auditors by collecting and reviewing requested evidence and helps design or enhance controls in response to actual and conceptual risk events. The analyst works with business stakeholders and external auditors to assess the control environment, identify risks and gaps, coordinate walkthroughs and testing, and communicate findings. The role supports corrective-action plans, tracks and validates control deficiencies, documents process flows, and helps business teams understand control implications resulting from changes in people, processes, or technology. The position is hybrid, with in-office work on Tuesdays, Wednesdays, and Thursdays. The stated annual salary range is $103,000–$125,000. The role is typically eligible for an annual bonus at the company’s discretion. Eligible employees may receive the company’s benefits package.

Requirements

Bachelor’s degree in accounting or a 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 clearly and concisely, including assessing control design and operating effectiveness.
Communication skills to educate others and raise awareness of foundational elements and methodologies needed to support an internal control framework.

Nice To Haves

CPA.
Big Four public accounting experience working with controls in a Sarbanes-Oxley environment.

Responsibilities

Perform control testing, and in some cases review others’ testing, for first-line control evaluation and Transamerica’s SOX program.
Facilitate external audits, including SOC audits, by pulling populations and supporting evidence and answering auditors’ questions.
Support process reviews to identify risks, controls, control gaps, and opportunities to enhance controls.
Evaluate internal control design and recommend improvements.
Identify control gaps and enhancement opportunities in response to actual and conceptual risks.
Partner with external auditors as appropriate to plan and conduct control-environment assessments, coordinate process walkthroughs, and share potential issues promptly for resolution.
Build and maintain stakeholder relationships and keep stakeholders informed of testing progress and findings.
Collaborate with business management to develop action plans and assess whether corrective actions adequately address deficient conditions; continue reviews with management until satisfactory resolution when actions are inadequate.
Support tracking of control deficiencies and validate and close control issues.
Conduct control walkthroughs and help identify and understand the impacts of applicable risks and related controls as part of risk-assessment programs.
Help the business understand control implications arising from changes to people, processes, or technology.
Support special projects and initiatives.
Document process flows with a focus on internal controls.

Benefits

Competitive pay.
Annual bonus for eligible employees, subject to the Company Bonus Plan, individual performance, and company discretion.
Pension plan.
401(k) match.
Employee stock purchase plan.
Tuition reimbursement.
Disability insurance.
Medical insurance.
Dental insurance.
Vision insurance.
Employee discounts.
Career training and development opportunities.
Paid time off starting at 160 hours annually for employees in their first year of service.
Ten paid holidays per year, typically mirroring New York Stock Exchange holidays.
Be Well holistic wellness program, including wellness coaching and reward dollars.
Paid parental leave of 15 days per calendar year for eligible employees with at least one year of service at the time of birth or child placement.
Adoption assistance.
Employee Assistance Program.
Back-up care program.
Paid time off for volunteer hours.
Employee matching gifts program.
Employee Resource Groups.
Inclusion and diversity programs.
Employee recognition program.
Referral bonus programs.