Senior Accountant

Ameriprise Financial Services, LLC•Minneapolis, MN

22d•$71,300 - $98,100•Hybrid

About The Position

Ameriprise Financial has an exciting opportunity for 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.

Requirements

Bachelor’s degree in accounting or finance or equivalent experience
3-5 years accounting experience including general ledger accounting, balance sheet reconciliations, account analysis, and financial reporting support.
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.

Nice To Haves

Experience with data analysis tools such as Access, Power BI, Alteryx, SQL, or similar reporting and analytics applications.
Innovative forward thinking approach to structured and unstructured data collection and analysis.
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.

Responsibilities

Performs accounting processes for a variety of transactions in accordance with company policies, and internal control requirements. Prepares journal entries, account analysis, and investigates unusual balances or fluctuations.
Owns assigned balance sheet accounts. Researches and clears outstanding reconciling items. Research may need to be done using various sources such as administration 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 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.
Drives continuous improvement initiatives to enhance reconciliation quality, operational efficiency, and internal controls. Identifies opportunities for automation, standardization, and reduction of manual processes while minimizing operational and financial risks.