IT Asset Management - Team Leader

Principal Financial Group • Des Moines, IA

1d • Hybrid

About The Position

We are seeking a passionate and proven IT Asset Management Team Leader to join our team. This is an outstanding chance to guide a group of dedicated professionals managing Principal Financial Group's IT hardware and software assets. This role provides strategic oversight, people leadership, and cross‑functional partnership to ensure accurate asset tracking, compliance, and lifecycle management across the organization.
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.

Requirements

• Associate's or bachelor's degree (preference in a computer science, technology, engineering or math-related field) and 6+ years’ work experience or equivalent experience
• Demonstrated experience in IT Asset Management or a related area
• Experience with leadership and vendor relations management
• Strong understanding of software licensing and compliance, software and hardware contracts, software deployment, and infrastructure components and topology
• Ability to build and implement effective asset management policies and procedures
• Experience with hardware and software asset management tools such as ServiceNow Hardware Asset Management or Flexera One ITAM

Nice To Haves

• Experience managing teams and cross-team collaboration
• Strong financial acumen including expense, capitalization, depreciation, and useful life
• Experience with advanced functions within Excel including pivot tables, lookups, etc
• Familiarity with compliance controls (e.g. SOC2)
• Ability to analyze large data sets and find anomalies
• Experience with data sanitization

Responsibilities

• Lead and develop the IT Asset Management function, providing direction, prioritization, and governance.
• Own the full lifecycle of IT assets ensuring accurate receipt, inventory, deployment, redeployment, and disposal.
• Ensure compliance with software licensing agreements and manage software entitlement and usage oversight.
• Partner with Finance, Legal, Security, and Risk teams to support audits, financial reconciliation, and risk mitigation.
• Oversee asset depreciation, inventory reconciliation, and reporting on financial usage, lifecycle, and trend data.
• Define requirements for asset management tooling and enforce workflow and compliance controls.
• Establish, maintain, and enforce asset management policies; communicate expectations across the organization.
• Consult on the impact of business changes (e.g., mergers, acquisitions, international expansion) on asset and licensing strategies.
• Drive continuous improvement and support special projects as needed.

Benefits

• 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.
• Pension Eligible

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree