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Job Information

Principal Financial Group Senior Accounting Analyst- Investment Accounting in Des Moines, Iowa

What You'll Do

We’re looking for a Senior Accounting Analyst leader to join our collaborative Investment Accounting team. In this role, you’ll demonstrate advanced level understanding of accounting standards, expertise within a function, and business strategy to solve problems, develop expected outcomes for complex situations. This role will be expected to interact with the various functions across the organization, including internal/external portfolio management, external auditors, IT, operations, administrator, and accounting team members. At this level, incumbents apply functional knowledge and develop new solutions to complex problems. Private fixed income asset accounting experience and implementing a new asset class is helpful but not required. Other experience with accounting for structured securities, alternative investments, and derivatives is beneficial.

  • Apply sophisticated investment accounting analysis in accordance with generally accepted accounting principles (GAAP), statutory accounting principles (SAP), tax regulations, or other regulatory guidance. Perform complex transaction processing and exception handling. Provide oversight and/or execution of month-end accounting processes including cash/trade processing, reconciliations, and general journal entries. Interpret third party manager and servicer reports to support financial reporting results.

  • Projects: act as the subject matter expert and work with project owner 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 enhancements.

  • Leadership: lead and manage staff including hiring, training, career development, and financial management. Provide compensation administration, rewards and recognition, performance management, coaching and mentoring. Oversee team projects and communication.

  • Compliance and Controls: Contribute to the improvement of risk-based financial controls; develop solutions for the effectiveness of new or existing controls to manage business risks and develop and drive implementation of action plans to remediate control deficiencies.

  • Perform other duties or essential functions as needed.

  • This position may require successful completion of a criminal background check.

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 plus a minimum of 6 years of relevant experience required

  • CPA or other applicable certifications preferred

  • Investment Accounting experience required.

  • Advanced Excel skills, and comfort working to tackle sophisticated problems within demanding time constraints.

  • Critical thinking, process improvement, strong communication skills, agility, and self-motivation are key.

  • Success Profile: The successful candidate will demonstrate self-awareness, a desire for ongoing self-development and be comfortable interacting at various levels of the organization.

  • Must have strong attention to detail but also the ability to work and at a higher, more strategic level.

  • PFI (PAM for Investments) and/or Residential Mortgage experience is a plus.

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)

$106400 - $144400 / 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. ork Environments

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