Senior Specialist, Internal Controls

Transamerica Life Insurance Company Cedar Rapids , IA 52402

Posted 3 weeks ago

Job Family

Internal Controls

Job Description Summary

Responsible for assisting in the day-to-day execution of the Aegon Americas Sarbanes Oxley controls program within the first line of defense. Responsible for assisting as a subject matter expert in the identification, assessment, oversight reporting and disclosure of all key controls across the company and to ensure the business procedures and/or financial controls are in compliance with applicable regulatory and corporate standards and practices. Develop and maintain relationships with appropriate business management and process owners, as well as risk management personnel (second line of defense).

Job Description

Responsibilities

  • Assist in the effort over the evaluation and design of internal controls and make recommendations for improvement.

  • Conduct and document financial/accounting/actuarial process flows, with a focus on internal controls and Sarbanes-Oxley compliance.

  • Support the execution of management's SOX risk assessment and scoping activities to ensure proper risk identification, process mapping and controls linkage for a sustainable internal control framework.

  • Assist in leading the development and implementation of goals, policies, priorities and procedures relating to internal controls over financial reporting and SOX.

  • Assist in preparing updates to management, including management control remediation plans.

  • Partner and liaise with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.

  • Develop processes and policies for reporting findings.

  • Collaborate with the first line in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.

  • Collaborate with the second line the in development and implementation of a system to capture and track control deficiencies, as well as internal and external audit findings to resolution.

  • Engage the second line in testing the design and operating effectiveness of internal control over financial reporting.

  • Collaborate and assist in assessing control implications within the Issue Paper process.

Qualifications

  • Bachelor's degree in accounting or relevant field, or equivalent work experience.

  • Typically eight years of progressive experience in internal controls, audit or risk management within the financial services industry.

  • Experience working with internal controls under Sarbanes Oxley and assessing control related risks.

  • Ability to document and verbally communicate financial reporting processes in a clear and concise manner, including assessment of design and operating effectiveness of controls.

  • Communication skills to educate/raise awareness of foundational elements/methodologies needed to support an internal control framework.

Preferred Qualifications

  • CPA.

  • Big 4 public accounting experience working with controls within the Sarbanes Oxley environment.

Working Conditions

  • Office environment.

Why Work for Us

Total Rewards at Transamerica: It's more than a paycheck.

Our comprehensive Total Rewards package is designed to help support you in many ways throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind to help you live your best life, grow personally and professionally - and feel valued for the work you do.

Learn more about our Total Rewards Package.

Equal Opportunity Employer:

Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. Please contact: applicantsupport@transamerica.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.

Ontario Applicants:

Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA"). Please contact applicantsupport@transamerica.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.

Technical Assistance:

If you experience technical problems during the application process, please email applicantsupport@transamerica.com.


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Senior Specialist, Internal Controls

Transamerica Life Insurance Company