Senior Manager, Investment Accounting

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 has an exciting opportunity for a Senior Manager of Accounting to lead the team responsible for investment portfolio accounting and controls across multiple businesses and product lines. This role partners closely with Finance and business leaders to develop and maintain accounting practices aligned with GAAP and regulatory requirements, including SEC and insurance standards, while ensuring the integrity of financial data, feeds, and processes. The Senior Manager will bring a strong analytical mindset, leveraging multiple business sources and complex, customized reporting to deliver insight, strengthen controls, and support informed decision‑making in a highly regulated financial services environment.

Key Responsibilities

• Manage multiple relationships across the organization and provide accounting and reporting expertise to finance partners.  Participate as an accounting subject matter expert on initiatives involving investment accounting.  Review, analyze, and resolve complex issues in accounting for investments and provide oversight to staff.  Support and design accounting processes driven by business changes. 

• Approve journal entries, controls and balance sheet reconciliations and work arounds for non-automated processes.  Provide oversight to ensure integrity in financial records from business and finance systems leverage to create accounting journal entries into the general ledger.  

• Analyzes variances and prepares explanations to Finance leadership. Partners with Treasury, Tax, and External Reporting on transactions with significant accounting and/or reporting implications.

• Maintain strong control environment to ensure accuracy of accounting results on a monthly, quarterly and annual basis.  Review financial disclosures related to investments within 10K, 10Q, regulatory reports and other financial reports.

• Coordinate with external auditors on a regular basis to complete audit and control testing procedures.

• Lead process improvement to ensure that integrity, control and optimal efficiency are established while minimizing financial risks.  Develop and implement process improvement initiatives that support the department goals and service levels.

• Provide people and organizational leadership.  Provide feedback and coaching to employees and may provide work direction outside direct team and with business partners.  

Required Qualifications

• Bachelors degree (or equivalent) in Accounting or related field

• 7+ years of experience in accounting

• Leadership experience, direct or indirect, and ability to directly manage others

• Strong analytical and problem-solving skills; proficient with Excel and ability to apply other technology to create efficient processes

Preferred Qualifications

• Ability to handle changing priorities, manage multiple tasks and work within tight time frames and deadlines

• Ability to communicate accounting concepts to business/finance partners and external auditors

• Ability to influence the business and senior leaders to build well-controlled processes and escalate issues for resolution 

• Deep understanding of the end-to-end process flows and controls across the compensation and benefit plans, as well as, the related systems.

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 $100,000 - $137,600 / 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

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.