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Principal Accountant – Investments
Company | Ameriprise Financial |
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Location | Minneapolis, MN, USA |
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Salary | $85700 – $115700 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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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