Sr. Specialist Accounting Policy

Transamerica · Baltimore, MD · 2 wk ago

Accounting$112k–$140k/yrFull-time

About the role

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.

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.

Qualifications

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.

Preferred Qualifications

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.

Working Conditions

Hybrid (In Office: Tuesdays, Wednesdays & Thursdays)

Occasional Travel

Pay

The Salary for this position generally ranges between $112,000 - $140,000 annually.

Benefits

Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off
10 paid holidays per year
Be Well Company holistic wellness program
Wellness Coaching and Reward Dollars
Parental Leave
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

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.