Principal Accountant Principal Accountant …

Ameriprise Financial, Inc.
in Minneapolis, MN, United States
Permanent, Full time
Be the first to apply
Ameriprise Financial, Inc.
in Minneapolis, MN, United States
Permanent, Full time
Be the first to apply
Principal Accountant
Job Description

Responsible for ensuring that transactions are properly accounted for and recording journal entries. Responsible for accounting and reconciliation of general ledger accounts. Assist with month end close, allocations, and governance of the general ledger. Partner with business and internal Finance partners to develop and implement accounting practices consistent with GAAP (Generally Accepted Accounting Principles).


Perform accounting processes for a variety of transactions in accordance with GAAP internal and external policies, procedures and authorizations. Prepare journal entries dealing with more complex accounting functions. Review, analyze, and resolve more moderately complex issues in accounting transactions. Follow specific and detailed accounting procedures. Assist in the creation and maintenance of allocation rules. Coordinate and prepares quarterly reports for inclusion in External Reporting.

Improve processes to ensure that integrity, control and optimal efficiency are established while minimizing financial risks. Develop and implements process improvement initiatives. Flexibility to work on ad-hoc projects as needed/requested. Provides functional advice and consultation to business partners and assess impact of changes to business as usual processes. Recommend, develop, implement and train staff on changes that improve standardization, increase efficiency and enhance controls.

Provides technical accounting advice for the organization and act as subject matter expert to company and regulated accounting policies. May be the organizational expert on certain accounting functions. Leads complex projects, determines action plans and may escalate issues and resolutions to leadership.

Provide direction and lead other accountants.

Required Qualifications

Bachelors degree or equivalent in Accounting or Finance
5+ years accounting experience
General ledger experience
Strong analytical and problem solving skills
Proficient with current desktop tools, specifically Excel

Preferred Qualifications

Experience having lead project initiatives
Apply "root cause analysis" to obtain the origination of critical operational and financial problems and protectively apply action steps to resolve issues
Strong understanding of systems, controls, accounting knowledge, financials, and processes within multiple legal entities
Strong understanding of the end-to-end process flows, systems, controls and impacts across products and business lines they support
Strong technical ability using the general ledger, spreadsheets, Access databases and word processing applications
Ability to work independently and self-direct to meet priorities

About Our Company

With the right company, life can Be Brilliant®. At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial and we can Be Brilliant® together.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
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