What You'll Do

We’re looking for an Accountant to join our Investment Accounting team. In this role, you’ll work on the Investment Reporting team and primarily perform monthly and quarterly reporting for investments. This team is big on efficiency and automation, so someone interested in developing their skills or previous experience with tools like Power BI or Power Query would be a good fit. The ideal candidate for this role is someone that can work independently, dig into issues/data, and become a subject matter expert that others in the department, team and company seek out.

• A highly collaborative team working closely with the Investment Accounting Operations Team, the Policy/Research Team, Corporate Accounting, and the General Account Portfolio Management team to assess and implement the reporting for new asset strategies.

• Apply knowledge of accounting standards and expertise to tackle business problems, seeking guidance for new or sophisticated situations.

• Financial Analysis and Reporting: using specialized knowledge and expertise perform accounting analysis and reporting of financial transactions of complexity in accordance with generally accepted accounting principles (GAAP), statutory accounting principles (SAP), tax regulations, or other regulatory guidance. This includes but is not limited to: assisting with implementing new accounting and reporting standards and performing complex transaction processing and exception research/handling.

• Compliance and Controls: assist in the development and establishment of processes to monitor compliance and efficiency of financial controls in line with the organization's methodology and regulatory reporting requirements. Interact with external auditors as part of the annual external audits and assist with requests throughout the year.

• Management Reporting: develop business unit reporting systems for management, project or performance reporting and implement processes to deliver information to meet regulatory timing and management needs. Interpret financial reports and accounts, identify and evaluate risks and opportunities and present findings to management for decision making.

• Projects: work with project owners to ensure accounting and internal control objectives are met through the design and implementation of new products and/or systems. Carry out testing to ensure the system or process is operating as intended. Escalate any findings/variances/issues as needed. Identify and implement operational excellence projects, providing business requirements for new systems or improvements.

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

Who You Are

• Bachelor's degree in accounting or finance or equivalent experience required

• A minimum of 2 years of accounting experience

• Investment knowledge, statutory accounting and reporting experience is preferred

• CPA or other applicable certifications preferred

• Proven analytical, problem solving, time management, interpersonal and communication skills are required.

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$71250 - $95950 / year

Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Pension Eligible

Yes

Additional Information

Work Environments

This role offers an in-office and hybrid (blending at least three office days in a typical workweek) work arrangement in Des Moines, IA.

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.

Original Posting Date

9/25/2024

Most Recently Posted Date

9/25/2024