Principal Accountant, Financial Reporting

Threadneedle group; Minneapolis (MN); On-site; USD 85,000 - 116,000; Full time

Job summary

An established industry player is seeking a Principal Accountant for Financial Reporting. In this pivotal role, you will prepare and ensure the timely completion of statutory financial statements while ensuring compliance with accounting principles. Your expertise will guide insightful analyses and foster collaboration with internal and external partners. This position offers a dynamic environment where attention to detail and problem-solving are paramount. Join a diverse financial services leader that values innovation and client focus, and contribute to meaningful projects that impact clients and communities globally.

Benefits

401(k) plan

Health insurance

Dental insurance

Life insurance

Vacation time

Sick time

Qualifications

• 5+ years experience with regulatory filings.
• Strong attention to detail and problem-solving abilities.

Responsibilities

• Prepare statutory financial statements for state regulators.
• Maintain effective internal controls over financial reporting.

Skills

Regulatory filings

Attention to detail

Problem solving

Communication skills

Education

Bachelor’s degree in Accounting

CPA license

Tools

Workday General Ledger

Job description

Ameriprise Financial Services is seeking a Principal Accountant of Financial Reporting to join our team! As the Principal Accountant, you will be responsible for preparation and timely completion of statutory financial statements and disclosures for filing with State regulators and the NAIC and monitoring changes in accounting/reporting guidance and new transactions and events. You will ensure quality and accuracy of disclosures and are in compliance with insurance statutory accounting principles.

Key Responsibilities

• Prepares life insurance company statutory annual and quarterly financial statements, and other reports, for filing with state insurance regulators and the NAIC

• Provides insightful qualitative analysis around regulatory and legal entity reporting

• Teams with internal and external partners to understand prioritize and review specialized/complex analysis, reports and accounting transactions and implement any changes needed for reporting

• Maintain effective internal controls over financial reporting

• Complete requests from and communicate with external auditors and examiners/regulators

• Ad hoc projects

• Assists in the review of various state and insurance company filing

Required Qualifications

• Bachelor’s degree in Accounting or related field

• 5 or more years’ experience - ideally with regulatory filings

• Proven ability to lead through change and handle detailed work in a fast-paced, deadline-driven environment

• Strong attention to detail and ability to problem solve

• Strategic and independent thinker with ability to quickly adapt to change

• Strong oral and written communication skills

Preferred Qualifications

• Accounting degree

• CPA license

• Life insurance company statutory reporting experience

• Ability to navigate NAIC statutory accounting and reporting guidance

• Proficiency with Workday General Ledger

• Demonstrated decision-making skills, ability to prioritize tasks to understand the impact to the business and develop best practices

• Strategic and independent thinker with the ability to quickly adapt to change

About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding 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, 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.

Base Pay Salary

The estimated base salary for this role is $85,700 - $115,700/ year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

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 Finance