Job FamilyTaxAbout Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of 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.
Who We Are:
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we're part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them. 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.
What We Do:
Transamerica is organized into three distinct businesses. These include World Financial Group, including Transamerica Financial Advisors, Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 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. Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.
Job Description:
Summary This management position is part of the US Information Reporting and Withholding Team within the Transamerica Corporate Finance Department which provides centralized services and support to the organization. This group focuses on establishing and maintaining organizational processes for US information return reporting and ensures Federal, State and Local income tax withholding is performed and remitted in accordance with Internal Revenue Code, State and Local regulatory agencies.
Job Description:
Responsibilities Manage activities of assigned team including supervisors and/or individual contributors. Adapt department plans to address resource and operational challenges. Operates mostly within their own function but participates in cross-functional initiatives. Understand and communicate directives from senior management. Review, analyze and interpret new IRS information reporting and withholding tax guidance (e.g., law, regulations, and rulings) and partner with designated lines of business to determine the impact of such guidance on their products and procedures. Monitor designated lines of businesses new products/transactions and ensure that they understand how the current Information Reporting & Withholding group rules should be applied. Collaborate with business and operations areas on a regular basis to ensure a continued understanding of the Information Reporting & Withholding requirements and resolve compliance issues. Prepare and present trainings. Research and respond to internal day-to-day questions from lines of businesses (e.g., questions regarding tax documentation, client types, payment source and character, requirements related to complex transactions and structures, etc.) Provide guidance to the lines of business on year-end tax reporting with respect to Forms 1099, 1098, 1042-S filings. Identify potential tax compliance issues/errors and escalate appropriately. Effectively manages multiple projects and deadlines and resolves conflicting priorities. Review, design and implement process and control improvements in area of expertise. Influence and lead a team in a way which aligns and promotes their given department's strategy and values.
Qualifications:
Bachelors degree in accounting or equivalent work experience. Generally 8 years of professional experience in tax, accounting, or equivalent area. Requires working knowledge of Microsoft Office (Word, Excel), on-line research software (RIA, Westlaw), applicable tax and/or accounting software systems.
Preferred Qualifications:
Knowledge of assigned business area (for example, accounting, information reporting, investments, corporate finance).Strong people management skills.
Working Conditions:
Hybrid Office Environment (3 days in office) Fast-paced, deadline-driven environment. Occasional Travel
