Ameriprise US | Senior Accountant

Responsibilities

• 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.
• The estimated base salary for this role is $71,300- $98,100/year.
• 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.
• 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.
• 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.
• Timely research and resolution of balance sheet account variances.

Requirements

• 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.
• 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.
• Experience with data analysis tools such as Access, Power BI, Alteryx, SQL, or similar reporting and analytics applications.
• Ability to apply root cause analysis to obtain origination of critical operational and financial problems and proactively apply action steps to resolve.
• Annuity and Life Insurance Product knowledge.
• Working together, in-person, is foundational to how we achieve results.
• Experience with bank reconciliation processes.

Ameriprise US

Ameriprise US is an employer hiring in India. In its own words: "Get financial planning advice and retirement investment advice from Ameriprise financial advisors at ameriprise.com."

Its finance, accounts, audit and tax openings in India are mostly in Minneapolis, Allentown, Melville and Scottsdale.