Accountant

Ameriprise Financial is looking to add an Accountant to the team! The individual in this role will manage the invoicing process for investment management services and complete all related accounting, collection and financial reporting functions. Maintain relationship with business partners, knowledge of the product and billing system. Leverage technology to streamline processes and enhance accounting and reporting capabilities.

Key Responsibilities

• Prepares and posts journal entries dealing with more complex accounting functions. Reviews, analyzes, and resolves more moderately complex issues in accounting transactions. Revises complex spreadsheets and updates financial reports.

• Owns and/or reconciles balance sheet accounts and reports on the status in the balance sheet database. Researches and clears outstanding reconciling transactions. Research may need to be done using various sources such as system reports or data generated from outside the department. May provide oversight to reconciliation of general ledger balance sheet accounts.

• Works with business partner to set up rates and calculation methodology and generate invoices to internal and external parties. Manage relationship with business partners to ensure timely collection and payment application.

• Provides functional advice and training to business partners and less-experienced accountants.

• Participates as a subject matter expert on business projects. Provides metrics to drive business changes and objectives. Usually specializes in accounting for a particular line of business such as insurance, financial planning, mutual funds, banking, etc.

• Improves processes to ensure that integrity, control and optimal efficiency are established while minimizing financial risks. Develops and implements process improvement initiatives that support the department goals and service levels.

• Performs accounting processes for a variety of transactions in accordance with GAAP (Generally Accepted Accounting Principles), internal and external policies, procedures and authorizations.

• Prepares aging schedules, calculates bad debt and reserve balances and provides analysis.

Required Qualifications

• Bachelor's degree in accounting or finance with 0-5 years of accounting experience or Associates Degree or equivalent with 2-5 years of accounting experience; good understanding of financial instruments

• Ability to apply root cause analysis on medium to complex issues.

• Fluent in use of Microsoft Office programs - specifically Excel.

• Strong understanding of systems, controls, accounting knowledge and financials.

Preferred Qualifications

• Degree focus in Accounting or Finance or related field 

• Strong technical ability using the general ledger, spreadsheets, and word processing applications.  

• Experience with the Workday general ledger system.

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 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of 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.

The estimated base salary for this role is $62,300-84,100/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 timeExemptFinanceFIN Finance