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Principal Accountant – Investments

Principal Accountant – Investments

CompanyAmeriprise Financial
LocationMinneapolis, MN, USA
Salary$85700 – $115700
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree in Accounting or Finance
  • 5 to 7 years of accounting experience; solid understanding of financial instruments
  • Strong business knowledge of investments, GAAP, and statutory accounting treatment
  • Proven ability to lead through change and strong ability to problem solve
  • Ability to handle detailed work, analyze results, and understand the ‘big picture’

Responsibilities

  • Prepare moderately complex monthly and quarterly entries related to derivative investments held in multiple legal entities
  • Prepare monthly and quarterly reports on derivative holdings, P&L and related metrics for GAAP, statutory, and regulatory submissions
  • Perform investment and derivative accounting processes for a variety of transactions within the PAM accounting system in accordance with GAAP, statutory, internal and external policies, procedures and authorizations
  • Assist senior manager/director in the implementation of new accounting projects and standards including developing and documenting procedures and establishing controls
  • Lead or assist on enterprise and team projects as needed, such as new accounting processes, systems work, etc.
  • Provide work direction to one senior accountant on derivative-related work

Preferred Qualifications

  • Working knowledge of derivative instruments highly desirable
  • Strong technical skills including advanced Excel and data analytical tools
  • Strong understanding of the end-to-end process flows, systems, controls and impacts across products and business lines they support
  • Experience with Workday general ledger accounting system