Senior Associate Rating Agency Financial Planning
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Job Location:
Monthly Salary:
Posted on:
02-11-2025
Vacancies:
1 Vacancy
Job Summary
The Financial Planning/Analysis job is responsible for designing analysis of the organizations financial results. Through financial modeling this job provides insights into the companys financial status including cash flow accounts receivable accounts payable debt equity operating income and working capital. Under limited supervision this jobs analysis and modeling is used by senior management to inform business and financial decisions. This job also focuses on evaluating alternative financial plans as well as developing economic analysis and business reports.
Key Responsibilities and Duties
- Evaluates financial models that analyze monthly financial results in order to identify drivers and explain key variances.
- Reviews forecasts and modeling and ensures that results are timely and accurate.
- Reviews re-forecasting activities and updating/evolving forecast models for accuracy and completeness.
- Participates in general ledger journal entry posting activities during the closing process to help ensure that financial statements are accurate.
- Designs ad hoc departmental reports that analyze departmental financial results versus budget/forecasts.
- Inspects financial reports and presentations for management that inform business and financial decisions.
- Provides feedback guidance and direction to accountants that will enable them to perform their job requirements as directed by the department.
- University (Degree) Preferred
- 5 Years Required; 7 Years Preferred
- Physical Requirements: Sedentary Work
Career Level
8IC
This position supports the Actuarial Services team in analyzing and completing financial reporting requests to ensure the accuracy and integrity of the financial information provided to internal reporting groups the 4 major rating agencies and external industry groups such as ACLI. The position requires working under high levels of responsibility and autonomy with regular interactions with peers business unit management and executives across the enterprise. This includes networking and establishing strong working relationships with our OCFO business partners to obtain the necessary information for the completion of numerous internal and external deliverables. The position involves special skills such as negotiation and influencing others including senior level leaders regarding matters of strategic importance.
Key Duties:
- Completion of Rating Agency deliverables such as surveys management reports and financial analysis.
- Calculation and monitoring all key financial ratios relating to rating agency analysis.
- Assess potential strategic business decisions as they relate to their impact on rating agencies assessments of TIAA.
- Preparing Board meeting material relating to capital management and financial results.
- Present and clearly articulate financial results as well as provide variance commentary to internal & external partners.
- Development of analytics commentary charts and graphs that creatively depict and analyze corporate results.
- Communication of TIAA related rating agency updates such as financial strength ratings ratings dates financial outlooks press releases and reports. Includes the preparation of Board meeting materials.
- Incorporation of productivity and continuous improvement methodologies to ensure long term success.
Company Overview
TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent reduce risk by insourcing key platforms and processes as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization with a focus on technology operations and expanding into the shared services business space.
Working closely with our U.S. colleagues and other partners our goal is to reduce risk improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other legally protected status.
Our Culture of Impact
At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People Be Client Obsessed Lead with Integrity Own It and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause when our people succeed our impact on clients lives grows stronger.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone:
Privacy Notices
For Applicants of TIAA Nuveen and Affiliates residing in US (other than California) click here.
For Applicants of TIAA Nuveen and Affiliates residing in California please click here.
ForApplicants of TIAA Global Capabilities click here.
For Applicants of Nuveen residing in Europe and APAC please click here.
Required Experience:
Senior IC
Key Skills
- Internal Audit
- Financial Services
- Financial Performance
- Variance Analysis
- Journal Entries
- Account Management
- ACH
- Customer Accounts
- General Ledger Accounts
- Payroll
- Customer Relationships
- Financial Statements
- Annual Reports
About Company
We joined forces with The Council of Graduate Schools to conduct research on the financial education of students. Visit www.studentfinancialsuccess.org to learn about the eye-opening facts that we uncovered and strategies that leading universities used to develop impactful programs to ... View more
