Lead Financial and Reporting Analyst at Voya Financial

Atlanta, Georgia, United States

Voya Financial Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Requirements

  • Bachelor’s degree in Accounting
  • CPA designation required
  • Minimum 4-6 years of experience, including public accounting or SEC reporting environment, insurance industry preferred
  • Good understanding of US GAAP and competency in preparing financial statement disclosures and performing financial analysis
  • Able to assist other analysts, consultants and managers with advanced problem solving and complex analysis
  • A self-starter, proactive, detail oriented, self-motivated, self-disciplined and performance driven team player; ability to work and perform tasks with little direction

Responsibilities

  • Partners with business units, consults on accounting considerations related to new transactions/products and prepares accounting memorandums summarizing accounting conclusions
  • Leads/assists in purchase accounting conclusions and ledger set up including designing disclosures related to business acquisitions
  • Understands products and services offered in different business segments and business results; supports financial reporting by preparing information needed for GAAP and Statutory reporting requirements
  • Critically analyzes financial results of business segments to understand variances including documentation in collaboration with business unit partners and present to management
  • Prepares US GAAP disclosures included in Forms 10-Q/K through the execution of the company's policies, procedures, and controls
  • Conducts SEC, GAAP, and STAT research, including peer research for various disclosures as needed and participates/leads effort related to adoption of new accounting pronouncements
  • Effectively Interacts, communicates, and maintains liaison with other functional departments to ensure the quality, accuracy and completeness of the financial reporting disclosures
  • Leads/participates in various projects as assigned including the process improvement initiatives related to financial reporting as well as the implementation of new or expanding the usage of certain existing financial reporting tools and other improvement initiatives
  • Ability to directly oversee the junior team members (including offshore resources) and functional areas
  • Interact with internal and external auditors as needed; helps lead and support audit initiatives as required
  • Assist in other corporate and accounting responsibilities

Skills

Key technologies and capabilities for this role

Financial AnalysisAccountingPurchase AccountingLedger SetupFinancial DisclosuresBusiness AcquisitionsFinancial Reporting

Questions & Answers

Common questions about this position

What is the salary for the Lead Financial and Reporting Analyst position?

This information is not specified in the job description.

Is this a remote position or what is the location requirement?

This information is not specified in the job description.

What key skills are required for this role?

The role requires strong knowledge of US GAAP and Statutory reporting, skills in financial analysis to understand variances, and expertise in SEC research, peer analysis, and accounting for new products and acquisitions.

What is the company culture like at Voya Financial?

Voya Financial fosters a bold, action-oriented culture that values diversity, inclusion, and employees bringing their whole selves to work, with a strong purpose of fighting for financial opportunities for individuals and communities.

What makes a strong candidate for this Lead Financial Analyst role?

A strong candidate will have experience partnering with business units on accounting for new products, leading purchase accounting and disclosures for acquisitions, analyzing financial variances, preparing GAAP disclosures for SEC filings, and conducting GAAP/STAT research.

Voya Financial

Provides financial services and retirement solutions

About Voya Financial

Voya Financial offers a range of financial services, including retirement plans, investment management, and insurance products, to help individuals and businesses achieve financial wellness. Their services cater to individuals seeking retirement planning, employers looking to enhance employee benefits, and institutions needing tailored investment management. Voya stands out from competitors through its commitment to inclusiveness and corporate responsibility, which helps attract clients and talent. The company's goal is to build long-term relationships with clients, ensuring they achieve financial confidence and a fulfilling life.

New York City, New YorkHeadquarters
2014Year Founded
IPOCompany Stage
Fintech, Financial ServicesIndustries
5,001-10,000Employees

Benefits

Health Savings Account (HSA)
Flexible Spending Accounts (FSA)
Rally wellness program
Employee Assistance Program (EAP) and Work Life Services
Behavioral Health Family Support Program
Livongo support for diabetes, hypertension, and weight management
AccessHope cancer support
Wellthy caregiving assistance
Back-up child care and elder care
Health Advocate
ABLE accounts
Legal insurance
Identity theft protection
Voya Foundation Matching Gift Program

Risks

Increased competition from fintech companies may erode Voya's market share.
Operational challenges in integrating OneAmerica's business could affect service quality.
Regulatory scrutiny on fees may impact Voya's pricing strategies and profitability.

Differentiation

Voya's commitment to inclusiveness and corporate responsibility sets it apart in the market.
The acquisition of OneAmerica's retirement plan business expands Voya's client base significantly.
Voya's focus on digital financial planning tools enhances client engagement and satisfaction.

Upsides

Voya's ESG commitment aligns with the growing investor focus on sustainable investing.
The financial wellness market's growth offers significant opportunities for Voya's programs.
AI integration in investment management can enhance Voya's strategies and client outcomes.

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