What You'll Do
We’re looking for a Senior Accountant to join our Investment Accounting team. In this role, you’ll apply knowledge of accounting standards and expertise to tackle business problems, seeking guidance for new or complex situations. This role will be expected to interact with the various functions across the organization, including internal/external portfolio management, external auditors, external pricing vendors, operations, and accounting team members. Incumbents can independently research and document sophisticated accounting decisions. Private asset accounting experience and valuation background helpful but not required.
- Apply sophisticated 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 flow analysis, reconciliations, and general journal entries. Interpret valuation control reports and assets, identify, and evaluate risks and opportunities and present findings to management and analysts for decision making.
- This role will be responsible for the monthly process to obtain prices from external sources or internal models and assure the reasonableness of those prices within a strong control environment for fixed income, alternative and mortgage loan assets on our consolidated financial statements.
- Participate in identifying opportunity for process efficiencies, data reconciliation, and model documentation improvements.
- Act as the subject matter expert and work with project owners to ensure accounting objectives are met through the design and implementation of new processes 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.
- Assist in the development and implementation of governance frameworks and financial controls. Monitor control structure and escalate issues as vital. Drive remediation plans for control deficiencies. Coordinate with external auditors as part of the planning and execution of the annual external audits.
Who You Are
- Bachelor's degree in accounting or finance or equivalent experience plus a minimum of 5 years relevant experience required.
- CPA or other applicable certifications preferred.
- Understanding of basic accounting principles, ability to interpret financial statements, and efficiently and effectively research, compile and analyze information.
- Must be detail oriented, able to maintain a high degree of accuracy, work independently, meet established deadlines, handle multiple tasks and prioritize effectively.
- Ability to learn systems and applications used within the firm required, proficiency with system and applications strong preferred.
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)
$86450 - $116850 / 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.
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 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
8/30/2024
Most Recently Posted Date
9/4/2024
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