Summer Student - Derivatives Accounting

Voya Financial • Atlanta, GA

3d • $23

About The Position

Together we fight for everyone’s opportunity for a better financial future. We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Getting to Know the Opportunity: A Derivatives Accounting Intern will assist the team in accounting of complex derivative instruments, including swaps, options, futures, and forwards, by performing tasks such as data analysis, journal entry preparation, reconciliation, and reporting, while gaining exposure to reporting for derivatives under USGAAP and Statutory accounting standards related to derivatives with close supervision from senior team members.

Nice To Haves

• Pursuing an undergraduate degree in accounting or finance.
• Strong computer and automation skills, including strong proficiency in Excel spreadsheet functionality and Microsoft Access.
• Well-developed organization and communication skills, and ability to operate in a complex and dynamic environment.

Responsibilities

• Completion of daily/monthly close procedures including accounting data reconciliation between general ledger, derivatives sub-system, data warehouse and core data sets.
• Ensure accurate and timely resolution of daily exceptions from the derivatives sub-system including research on issues and proper corrective action.
• Assist department with other derivatives reporting deliverables including business unit and management reporting.
• Perform various analysis to explain balance sheet and income statement movements under US GAAP and Statutory accounting bases.
• Evaluate current processes and participate in process improvement projects.
• Facilitate internal and external audits of derivatives.
• Participate in cross-training of key functional areas.
• Other duties as assigned

Benefits

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

What This Job Offers

• Career Level: Intern