Accounting/Finance Intern - Expense Management (Fall 2024)

Job Family

Administrative Services

About Us 

 

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.  

 

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there. 

    

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information,  visit www.transamerica.com. 

 

Who We Are 

  

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services. 

 

What We Do 

 

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology). 

Job Description Summary

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?

Job Description

What You Will Do: 

This role will support the Expense Management team’s reporting, oversight, and forecasting activities. The Expense Management team at Transamerica is responsible for helping the company determine funding and resource needs and priorities, identifying trade-offs, and providing financial analysis to ensure spend targets are met. Intern responsibilities will include assisting in monthly expense reporting, contributing to variance analysis for actual spend compared to budget, and helping to manage data for budgeting and forecasting processes. Intern will have the opportunity to work with large financial datasets and may apply Business Analytics knowledge (data management, data modeling, BI product maintenance and/or development) to support the team.

Applicants must be a US Citizen or permanent resident.

What Success Looks Like:

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

• Work with large data sets from various systems to analyze results and help team understand financial implications

• Extract, transform, & load data using data management tools (may include Excel, Tableau, Alteryx)

• Perform financial analysis and evaluate monthly forecast updates

• Assist in monthly/quarterly expense reporting for management

• Support monthly close process for amortization and capitalization entries

• Engage across Expense Management team to learn of all roles and responsibilities within the organization

• Attend intern events and other networking opportunities

What You Need:

• Ability to work part-time (25+ hours a week)

• To qualify for an internship, applicants must be currently enrolled at a college