Principal Accountant - Financial Reporting

Principal Accountant Of Financial Reporting

Are you a detail-oriented accounting professional looking to make a meaningful impact? Ameriprise Financial is seeking a Principal Accountant of Financial Reporting to join our dynamic team. In this role, you'll be at the forefront of preparing and delivering high-quality disclosures for external reports filed with regulators. You'll monitor evolving accounting guidance and ensure our reporting stays ahead of the curveall while maintaining compliance with U.S. GAAP, SEC, insurance statutory, and other regulatory standards.

Responsibilities

• Prepare the Form 10-Q / 10-K GAAP financial statements and other regulatory filings, including workpapers, XBRL tagging, and supporting documentation.
• Review of work paper documentation prepared by financial reporting staff.
• Ensure that disclosures are in compliance with U.S. GAAP, SEC, or other applicable regulatory requirements.
• Negotiate with internal business partners to ensure quality and timely information is provided.
• Monitor changes in accounting guidance and new transactions / events and work with business partners to update disclosures in a timely manner.
• Communicate disclosure changes to management, including preparation of impact analysis and accounting memos that document issues in a clear and comprehensive manner.
• Provide qualitative analysis around regulatory, management and / or board reporting.
• Team with internal and external partners to understand prioritize and review sophisticated analysis, reports and accounting transactions and implement any changes needed.
• Maintain effective internal controls over financial reporting, preparation of periodic regulatory reports, effective use of our general ledger system, and assistance with ad-hoc projects and implementation of process improvements, as assigned.
• Complete requests and connect with external auditors and examiners / regulators.

Required Qualifications

Preferred Qualifications

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.

The estimated base salary for this role is $87,500 - $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.