Sr. Specialist Accounting Policy

Transamerica•Cedar Rapids, IA

1d•$112,000 - $140,000•Hybrid

About The Position

Provide technical accounting expertise to business partners and leaders across all business units. Develop and maintain accounting policy documents and analyze accounting implications of new accounting guidance or strategic transactions to assist in making key accounting policy decisions.

Requirements

Bachelor’s degree in accounting or related field.
Eight years of accounting experience.
In-depth accounting knowledge, preferably in the financial services/insurance industry.
Analytical and problem-solving skills.
Written/verbal communication skills.
Ability to work in a fast-paced, deadline-driven environment.
Advanced computer skills.

Nice To Haves

Experience in technical research and preparation of accounting memorandums and policies.
Advanced writing skills to document and communicate complex accounting and reporting issues to finance and non-finance personnel.
Advanced strategic thinking skills when formulating interpretations of accounting guidance for new and emerging transactions and when presenting accounting interpretations to external auditors.
CPA designation
Big 4 experience
Understanding of Statutory Accounting Principles
Understanding of actuarial concepts
Understanding of financial instruments

Responsibilities

Provide U.S. GAAP technical accounting guidance related to current and proposed transactions to ensure consistent interpretation and conformity with authoritative accounting literature.
Develop and maintain global accounting policies as well as oversight of adoption and compliance with global accounting policies.
Analyze accounting implications of alternate solutions and support business units with significant and unusual transactions in support of key accounting decisions.
Perform independent research to support key accounting decisions.
Consider financial impact, benefits and drawbacks, and potential legal and regulatory impacts of significant accounting transactions.
Monitor the FASB for emerging and new adoptions of accounting standards; assess guidance applicable to the company.
Participate with insurance industry technical accounting groups to ensure consistent application of global accounting standards.
Prepare memos and policy documents to communicate accounting changes.
Develop, implement, and communicate new policies and processes to comply with newly issued accounting standards.
Draft financial statement disclosures regarding upcoming accounting pronouncements.
Work closely with senior management as well as external auditors on complex accounting topics, and engage with legal counsel, regulators, and consultants as needed.
Serve as a technical accounting subject matter expert.

Benefits

Competitive Pay
Bonus for Eligible Employees
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
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