Principal Accountant, Financial Reporting

TalentAlly LLC; Minneapolis (MN); On-site; USD 77,000 - 134,000; Full time

Job summary

A financial services leader, Ameriprise Financial Services, seeks a Principal Accountant of Financial Reporting to ensure compliance with statutory accounting principles. This role entails preparation of financial statements and effective communication with regulators. The ideal candidate will have strong analytical and communication skills and the ability to adapt to a fast-paced environment.

Benefits

Competitive benefits program

401(k) options

Vacation and sick time

Health, dental, and life insurances

Qualifications

• Minimum 5 years of experience with regulatory filings.
• Proven ability to lead through change.
• Strong written and oral communication skills.

Responsibilities

• Prepare statutory annual and quarterly financial statements.
• Maintain effective internal controls over financial reporting.
• Communicate with external auditors and regulators.

Skills

Attention to detail

Problem solving

Communication

Strategic thinking

Adaptability

Education

Bachelor's degree in Accounting or related field

Accounting degree

CPA license

Tools

Workday General Ledger

Job description

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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 $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 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 $77,100 - $133,100/ 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 FinancePDN-9f122e3b-8963-4da0-9c1f-eb5cc7c6bf2e

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

• Industries

  Technology, Information and Media

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