Senior Compensation Accountant

Transamerica • Cedar Rapids, IA

200d

About The Position

The Senior Compensation Accountant will serve as a partner to Total Rewards and areas of Finance, including but not limited to enterprise finance, actuarial, tax, capital planning, and corporate center finance. This position will perform analytics for capital and operating expenses and identify areas for process improvement.

Requirements

• Bachelor's degree in accounting or equivalent education/experience.
• Minimum of 5 years of experience, with degree.

Nice To Haves

• Knowledge of actuarial principles and pension regulations.
• In-depth knowledge of pension plan accounting.
• Understanding of SOX and other compliance requirements for retirement, health, and welfare plans.
• CPA or equivalent certification preferred.
• Advanced computer programming skills in MS Office, Excel, and financial business systems.
• Knowledgeable in IFRS Accounting treatment.

Responsibilities

• Lead pension plan (qualified and non-qualified) accounting, including financial disclosures, gains/losses, sensitivities, and projections.
• Work closely with actuaries to analyze pension data, forecast financial outcomes, ensure compliance with regulatory requirements, and assess the impact of various financial scenarios on corporate benefit plans.
• Manage qualified pension plan ERISA audits (pension and 401K plans) including gathering data, preparing reports, testing, and confirmations.
• Work with enterprise and investment accounting structures, reporting and asset allocations.
• Lead or assist in benefit plan financial responsibilities for defined contribution plans (401k/NQDC) and health and welfare plans, including the OPEB liability for retiree benefits (medical, dental and life insurance).
• Manage SOX and other compliance responsibilities for retirement and health and welfare plans, including key controls and financial oversight responsibilities.
• Complete roll forward schedules to track changes in corporate benefits liabilities and assets over time.
• Oversee stock plan accounting including financial disclosures, gain/losses, and projections.
• Identify opportunities for process improvements and implement best practices to enhance timeliness and accuracy in benefits reporting.
• Contribute to various Compensation projects improving efficiency and transparency across the department.

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
• 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
• College Coach 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Management of Companies and Enterprises
• Education Level: Bachelor's degree