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Accounting​/Finance Intern - Internal Controls; Fall

Job in Cedar Rapids, Linn County, Iowa, 52404, USA
Listing for: Transamerica Corporation
Full Time, Apprenticeship/Internship position
Listed on 2026-03-12
Job specializations:
  • Finance & Banking
    Financial Analyst, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 10000 - 60000 USD Yearly USD 10000.00 60000.00 YEAR
Job Description & How to Apply Below
Position: Accounting/Finance Intern - Internal Controls (Fall 2026, Full-time Hours)
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.

Transamerica is organized into three distinct businesses. These include
1) World Financial Group, including Transamerica Financial Advisors,
2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and
3) 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.
* Help evaluate the design of internal controls and make recommendations for improvement.
* Assist in documenting financial/accounting/actuarial process flows, with a focus on internal controls and Sarbanes-Oxley compliance.
* Support the execution of management’s SOX risk assessment and scoping activities to ensure proper risk identification, process mapping and controls linkage for a sustainable internal control framework.
* Assist in the development and implementation of goals, policies, priorities, and procedures relating to internal controls over financial reporting and SOX.
* Help prepare updates to management, including management control remediation plans.
* Work with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
* Collaborate with the first line in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.
* Collaborate with the second line the in development and implementation of a system to capture and track control deficiencies, as well as internal and external audit findings to resolution.
* Engage the second line in testing the design and operating effectiveness of internal control over financial reporting.
* Attend all intern events and participate in the internship program in general
* To qualify for an internship, applicants must be currently enrolled at a college or university pursuing an accounting, finance, or other analytical-type degree. Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship.
* Working knowledge of Microsoft suite of products (Microsoft Word, PowerPoint, and Excel
* Familiarity with accounting principles.
* Strong written and verbal communication skills.
* Ability to work independently and as part of a team.
* Analytical and problem-solving skills.
* Pension Plan
* 401k Match
* Employee Stock Purchase Plan
* Tuition Reimbursement
* Disability Insurance
* Medical Insurance
* Dental Insurance
* Vision Insurance
* Employee Discounts
* Career Training & Development Opportunities
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