Principal Accountant-Financial Reporting

Job description

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 year-end 2024. Our team of 22,000 people across 19 countries, serves 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. 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 Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.