Senior Specialist, Accounting - Accounting Policy

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

Transamerica is organized into three distinct businesses. These include
1) World Financial Group, including Transamerica Financial Advisors,
2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and
3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
* Provide technical accounting guidance related to current and proposed transactions to ensure consistent interpretation and conformity with authoritative accounting literature.
* Maintain oversight over the adoption of and compliance with Transamerica’s accounting policies.
* Analyze accounting implications of alternate solutions and support business units with significant and unusual transactions.
* 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 IASB and FASB for upcoming accounting standards; assess guidance applicable to the company.
* 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.
* 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.
* 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.
* CPA designation
* Big 4 experience
* Understanding of Statutory Accounting Principles
* Understanding of actuarial concepts
* Understanding of financial instruments

The Salary for this position generally ranges between $112,000 - $140,000 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.
* Pension Plan
* 401k Match
* Employee Stock Purchase Plan
* Tuition Reimbursement
* Disability Insurance
* Medical Insurance
* Dental Insurance
* Vision Insurance
* Employee Discounts
* Career Training & Development Opportunities
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