The Senior Cost Allocation Accountant performs detailed analysis and research focused on the allocation of expenses to key legal entities and CREF share classes based on business focused drivers. A premium is placed on the ability to efficiently and effectively analyze data and present the results in a concise manner to management. The Senior Cost Allocation Accountant is actively involved with project management activities and works closely with other areas including CREF Liaisons, Business Unit Finance, Fund Administration, and the Product Group.Key Responsibilities and DutiesExtract and analyze historical cost allocation detail using Hyperion Essbase.Perform legal entity cost analysis and review through the use of Excel.

The Senior Cost Allocation Accountant performs detailed analysis and research focused on the allocation of expenses to key legal entities and CREF share classes based on business focused drivers. A premium is placed on the ability to efficiently and effectively analyze data and present the results in a concise manner to management. The Senior Cost Allocation Accountant is actively involved with project management activities and works closely with other areas including CREF Liaisons, Business Unit Finance, Fund Administration, and the Product Group.

Key Responsibilities and Duties

Extract and analyze historical cost allocation detail using Hyperion Essbase.

Perform legal entity cost analysis and review through the use of Excel.

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Review intercompany agreements and summarize key allocation focused information for management consideration.

Create cost allocation presentations for management analysis purposes.

Draft cost allocation memos summarizing key concepts and decisions, and prepare related supporting documentation.

Coordinate project completion tasks and timeline.

Collaborate with other project team members including CREF Liaisons, Fund Administration, Business Unit Finance, and the Product Group.

Supports junior cost accounting staff in the development of their professional skills.

Qualifications

Physical Requirements

Preferred Education

Career Level7IC

Required Qualifications:

Preferred Qualifications:

Additional Responsibilities:

Potential Salary: $97,000.00 USD

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview

TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

COVID-19 Vaccination

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review ourBenefits Summary.

Equal Opportunity

We are an EqualOpportunity/AffirmativeAction Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Lawhere.

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: (800) 842-2755

Email:accessibility.support@tiaa.org

Privacy Notices

For residents of California, please clickhereto access the TIAA CA Applicant Privacy Notice.

For residents of the EU / UK, please clickhereto access the EU / UK Pre-employment Notice.

For all other residents, clickhereto access the Applicant Privacy Notice.