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Senior Accountant

Senior Accountant

Ameriprise FinancialMinneapolis, MN, US
30+ days ago
Job type
  • Full-time
  • Part-time
Job description

Senior Accountant

Ameriprise Financial has an exciting opportunity for a Senior Accountant role! The individual would be working with a talented team to develop and report ongoing accounting processes for Life Company products while adhering to GAAP (Generally Accepted Accounting Principles) and other governing agencies. Responsible for ensuring that various Ledgers and Records of the Life Company are properly accounted for and controlled. Responsible for monitoring and research of monthly reconciliations for Annuity and Life Insurance related transactions across all I&A platforms.

Responsibilities

  • Performs accounting processes for a variety of transactions in accordance with GAAP internal and external policies, procedures and authorizations. Prepares journal entries dealing with more complex accounting functions. Reviews, analyzes, and resolves more moderately complex issues in accounting transactions. Follows specific and detailed accounting procedures.
  • Owns balance sheet accounts. Researches and clears outstanding reconciling items. Research may need to be done using various sources such as system reports or history screens, general ledger queries, or bank reconciliation files. Collaborates with other Finance and Client Service personnel to troubleshoot and resolve reconciling items. Provides oversight to reconciliation of general ledger balance sheet accounts. Provides an analytical review of monthly reconciliations to resolve variances and ensure appropriate controls.
  • Participates as a subject matter expert on business projects. Provides metrics to drive business changes and objectives.
  • Improves processes to ensure that integrity, control and optimal efficiency are established while minimizing financial risk. Develops and implements process improvement initiatives that support the department goals and Finance policies.

Required Qualifications

  • Bachelor's degree in Accounting or Finance or equivalent experience
  • 3-5 years GL experience
  • Ability to evaluate critical operational and financial problems and proactively apply action steps to resolve
  • Timely research and resolution of balance sheet account variances
  • Strong attention to detail and ability to manipulate and draw conclusions from large data sets
  • Proficient with current desktop tools. Advanced Excel abilities (formulas, pivot tables, etc).
  • Excellent verbal and written communication skills
  • Ability to work alone and as part of a team

    • Preferred Qualifications

  • Good technical ability using Access databases and word processing applications.
  • Ability to apply root cause analysis to obtain origination of critical operational and financial problems and proactively apply action steps to resolve.
  • Experience with bank reconciliation processes.
  • Annuity and Life Insurance Product knowledge.
  • Experience with GL platform

    • 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 $69,900 - $94,400 / 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.

    Full-Time / Part-Time : Full time

    Exempt / Non-Exempt : Exempt

    Job Family Group : Finance

    Line of Business : FIN Finance

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    Senior Accountant • Minneapolis, MN, US