Posted:
12/18/2024, 4:00:00 PM
Experience Level(s):
Internship
Field(s):
Accounting
Workplace Type:
Remote
Together we fight for everyone’s opportunity for a better financial future.
We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.
Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.
Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Apply Now
Getting to Know the Opportunity:
A Derivatives Accounting Intern will assist the Derivatives Accounting team in accounting of complex derivative instruments, including swaps, options, futures, and forwards, by performing tasks such as data analysis, journal entry preparation, reconciliation, and reporting, while gaining exposure to reporting for derivatives under USGAAP and Statutory accounting standards related to derivatives with close supervision from senior team members.
The Contributions You'll Make:
Completion of daily/monthly close procedures including accounting data reconciliation between general ledger, derivatives sub-system, data warehouse and core data sets.
Ensure accurate and timely resolution of daily exceptions from the derivatives sub-system including research on issues and proper corrective action.
Maintain detailed records of derivative transactions and related supporting SOX documentation.
Prepare US GAAP 10-K/10-Q and Statutory schedules for financial reports on quarterly basis.
Prepare quarterly and annual Statutory filings.
Assist department with other derivatives reporting deliverables including business unit and management reporting.
Perform various analysis to explain balance sheet and income statement movements under US GAAP and Statutory accounting bases.
Evaluate current processes and participate in process improvement projects.
Facilitate internal and external audits of derivatives.
Participate in cross-training of key functional areas.
Preferred Knowledge & Experience:
Pursuing an undergraduate degree in accounting or finance
Strong computer and automation skills, including strong proficiency in Excel spreadsheet functionality and Microsoft Access.
Well developed organization and communication skills, and ability to operate in a complex and dynamic environment.
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Compensation Pay Disclosure:
Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.
The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.
Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
$20.00/hr USDBe Well. Stay Well.
Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.
What We Offer
Learn more about Voya benefits (download PDF)
Critical Skills
At Voya, we have identified the following critical skills which are key to success in our culture:
Learn more about Critical Skills
Equal Employment Opportunity
Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.
Reasonable Accommodations
Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.
Website: https://www.voya.com/
Headquarter Location: Atlanta, Georgia, United States
Employee Count: 5001-10000
Year Founded: 1991
IPO Status: Public
Industries: Financial Services