Accountant

Accountant

We are looking for an Accountant to join our Principal Asset Management Enterprise Team. In this role, you will be responsible for supporting accurate financial reporting, analysis, and operational insights for Principal Asset Management's global back office services. You'll contribute to a range of accounting, reporting, expense analysis, and process improvement activities that support business transparency, regulatory compliance, and informed decision-making. The position plays an important role in shaping high-quality financial reporting for global operations.

Key Responsibilities

• Financial Reporting & Analysis
• Prepare, review, and analyze financial information for internal stakeholders to support management and regulatory reporting needs
• Provide clear explanations of financial results, trends, and drivers to finance partners, leadership, and auditors
• Assist with audit inquiries and ensure documentation supports internal controls, policies, and accounting standards
• Cost & Allocation Support
• Support recurring cost allocation processes across Principal Asset Management products and business units
• Ensure allocations are completed accurately and timely in accordance with approved methodologies
• Assist with maintaining documentation of assumptions along with factors supporting audits, regulatory reviews, and transfer pricing analysis
• Process Improvement & Systems
• Seek opportunities to improve, streamline, and automate accounting and reporting processes
• Support implementation or enhancement of financial systems, tools, and ERP functionality
• Recommend improvements to procedures, methodologies, and documentation to strengthen efficiency and controls
• Cross-Functional Collaboration
• Partner with Finance and Business Support teams to gather data, validate assumptions, and resolve issues
• Communicate outcomes and impacts to stakeholders with clarity and professionalism
• Assist with special projects, financial analysis, and strategic initiatives as needed

Who You Are

• Bachelor's degree in Accounting, Finance, or equivalent experience
• 4+ years of relevant experience
• CPA or other applicable certifications preferred
• Experience supporting financial reporting, analysis, or cost management activities preferred

About Principal Asset Management

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $740 billion in assets including $102.2 billion in real estate assets, and over 60 years of experience. Our comprehensive, specialized capabilities across all four quadrants of commercial real estate-private equity, public equity, public debt, and private debt give us a unique perspective on real estate space and capital markets. Principal Asset Management has been recognized as a "Best Places to Work in Money Management" for 14 consecutive years!

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) $73150 - $99750 / 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

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical work week) from 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.

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.

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.

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.