Finance Operations Intern

Full Time

Administration

United States

Transamerica has been helping people feel better about the future for more than 100 years, and we’re proud of the trust we’ve earned. But we believe our responsibility goes beyond insurance, investments, and retirement accounts. We’re also in the business of helping people improve their financial and personal well-being, so they can add more years to their lives, and more life to their years. Are you looking for an opportunity to take your collegiate accounting/finance/business analytics coursework and apply it in a fast-pace business environment? Do you have a desire to learn new processes and technologies? Are you interested in learning under Accounting and Finance professionals while working alongside them to find innovative solutions?

What You Will Do:

In this internship, you will have the opportunity to work alongside Transamerica team members on business-impacting projects. You should have a general interest in accounting and finance, be comfortable with Excel, and possess strong analytical and critical thinking skills.

Finance Operations interns will support compliance, IRW tax, or business analysis & technology departments by contributing to external and internal reports ensuring the integrity of accounting and financial reporting, and implementing changes driven by accounting standards.

What Success Looks Like:

By working collaboratively with others, interns are responsible for but not limited to:

• Work with internal and/or external financial statements to facilitate quarterly processes

• Provide consolidated results and analytics to leaders

• Create IFRS, statutory, investments, or related financial statements

• Analyze budgets and financial statements (book accounting) to support internal and/or external decision makers

• Extract financial data from various accounting and information systems; compile, consolidate and conduct appropriate analysis of data

• Assist in improving procedures, updating, and organizing documentation of reporting and planning processes

• Adhere to the company's framework of internal controls

• Assist in other bases of accounting and financial reporting projects on an as-needed basis

Learning Outcomes

• Gain exposure to internal control frameworks and financial reporting models

• Build knowledge in the use of Excel and other accounting and general ledger systems

• Develop an understanding of core processes involved in a quarterly financial reporting structure within a large corporate environment

• Gain exposure to Transamerica’s rich culture and the financial services industry while learning about the career opportunities available within Financial Reporting

What You Need:

• Ability to work full-time (40 hours a week)

• To qualify for an internship, applicants must be currently enrolled at a college or university pursuing an accounting, finance, business analytics, or other analytical-type degree. Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship

• Working knowledge of Microsoft suite of products (Microsoft Word, PowerPoint, and Excel)

• Familiarity with accounting principles

• Strong written and verbal communication skills

• Ability to work independently and as part of a team

• Analytical and problem-solving skills

Working Environment:

• Hybrid work environment for candidates near Cedar Rapids, IA office; ability to be fully remote for candidates outside of the area

• Candidates must be able to work ~40 hours/week during the 16-week internship program

Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment.

Compensation

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**

The hourly rate for this position is set at $19.00.

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