Principal Accountant at Ameriprise Financial

Posted in Other 12 days ago.

Type: Full Time
Location: Minneapolis, Minnesota





Job Description:

Ameriprise Financial is seeking a Principal Accountant to join our team! This role will play a pivotal part in performing the accounting and reporting processes for derivatives for multiple legal entities and ensuring compliance with GAAP, STAT and regulatory requirements. You will provide work direction to Senior Accountant on daily, monthly and quarterly processes and also lead or assist with various enterprise and team projects.

If you are looking to leverage your derivatives and investment accounting experience, please apply now!

Responsibilities


  • Prepare moderately complex monthly and quarterly entries related to derivative investments held in multiple legal entities.


  • Prepare reports on derivative holdings, P&L and related metrics for GAAP, STAT and regulatory submissions.


  • Assist colleagues in implementation of new accounting projects and standards including development and documentation of procedures and establishment of controls


Required Qualifications


  • Bachelors degree in Accounting, Finance, or related field


  • 5 to 7 years of accounting experience


  • Strong business knowledge of financial instruments, investments and GAAP and statutory accounting treatment


  • Proven problem solving skills and ability to lead through change


  • Ability to handle detailed work; analyze results, yet understand the "big picture"


Preferred Qualifications


  • Solid understanding of derivative instruments


  • Strong technical skills including advanced Excel and some Access database knowledge


  • Strong understanding of the end-to-end process flows, systems, controls and impacts across products and business lines they support.


  • Experience with WorkDay general ledger accounting system


About Our Company
We're a diversified financial services leader with more than $1 trillion in assets under management and administration. Our team of 20,000 people in more than 20 countries advise, manage and protect the assets and income of more than 2 million individual, small business and institutional clients. We are a long-standing leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial Services, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Finance

Line of Business

FIN FinancePDN-9bfb98f1-97d4-4de3-9eb7-5d1666d7e915
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