Ameriprise Financial, Inc

Principal Accountant-Financial Reporting

Ameriprise Financial, Inc$87K — $120K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related field
  • 5+ years' experience with regulatory filings
  • Proven ability to lead through change
  • Strong attention to detail and problem-solving skills
  • Strategic thinker with adaptability
  • Excellent oral and written communication skills

Responsibilities

  • Prepare statutory annual and quarterly financial statements for filing
  • Provide qualitative analysis around regulatory and legal entity reporting
  • Collaborate with internal and external partners on complex reporting
  • Maintain effective internal controls over financial reporting
  • Communicate with external auditors and regulators
  • Manage ad hoc projects
  • Assist in state and insurance company filing preparation and review

Benefits

  • Comprehensive benefits program for health and well-being
  • Flexible work arrangement of 4 days in-office and 1 day remote
  • Paid vacation and sick time
  • 401(k) plan with employer contribution
  • Eligible for variable pay through bonuses and incentives
Full Job Description
Job Description

Ameriprise Financial is looking to add a Principal Accountant- Financial Reporting to the team! The individual in this role is responsible for the 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. The individual in this role will also 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 preparation and review of various state and insurance company filings


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


In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Base Pay Salary

The estimated base salary for this role is $87,400-$120,200/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

About Ameriprise Financial, Inc

Ameriprise Financial, Inc Careers

Joining Ameriprise Financial, Inc presents an unparalleled opportunity to advance your career with a leader in financial services. Our team of professionals is dedicated to fostering an environment of growth, innovation, and leadership. Work You’ll Do At Ameriprise Financial, Inc, you will be part of a culture that thrives on diversity, professional excellence, and ethical standards. Our employees are empowered to master their roles and contribute to the company’s success through continuous personal and professional development. Transform Your Career Lead your career on a path of continuous growth with Ameriprise Financial, Inc. Our company stands at the forefront of the financial industry, integrating cutting-edge technology and substantial market expertise to deliver exceptional service to our clients. Work with a team of skilled professionals who are committed to a culture of innovation and exceptional leadership. Collaborate on projects that reshape financial planning and improve client outcomes. Ameriprise Financial, Inc Job Opportunities We are actively hiring and have a variety of job opportunities that cater to different skills and career levels. From entry-level positions to leadership roles, Ameriprise Financial, Inc offers a dynamic work environment where your skills will be honed and your achievements recognized. Join our team and contribute to our mission of helping clients achieve their financial goals. Explore positions in areas such as financial advising, customer service, IT, and more. Internship Programs Kickstart your career with an Ameriprise Financial, Inc internship. Our internships provide invaluable workplace experience, networking opportunities, and insights into the financial services industry. Interns at Ameriprise Financial, Inc are crucial team members, working alongside seasoned professionals and contributing to real-world projects. Benefits and Growth Ameriprise Financial, Inc is committed to the growth and development of our employees. We offer competitive benefits, diversity training, and professional development programs that encourage our team to stay ahead in the industry. Our benefits package includes health, dental, and vision insurance, retirement plans, and generous paid time off. Leadership and Development Develop your leadership skills through targeted training and mentorship at Ameriprise Financial, Inc. We believe in nurturing leadership potential and offer various programs designed to help you grow into a visionary leader within the company. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are looking for passionate, curious, and driven team players. Start your journey with Ameriprise Financial, Inc today and build a career that you can be proud of. SEARCH AMERIPRISE FINANCIAL JOBS Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Ameriprise Financial, Inc.
Learn more about Ameriprise Financial, Inc
Size
12,000 employees
Market Cap
$32.7 billion
Industry
Net Income
$1.5 billion
Founded
1894
5 Year Trend
+2.6%
Revenue
$11.9 billion
NASDAQ

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