Senior Associate Investment Accountant

Principal Financial Group • Des Moines, IA

41d • $71,250 - $95,950 • Hybrid

About The Position

We're looking for a Senior Associate Investment Accountant to join our Investment Accounting team. In this role, you'll be responsible for performing investment accounting and reporting activities across various investment strategies and asset classes. This position collaborates with asset management and servicing, portfolio managers, investment operations, risk, compliance, tax, internal/external auditors, and technology teams to support robust reporting and control practices. 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! 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.

Requirements

• Bachelor's degree in Accounting, Finance, or related field or equivalent work experience
• Minimum of 2 + years of relevant accounting experience in financial services preferred
• Working knowledge of common investment products and strategies
• Experience with investment accounting systems(PAM) preferred
• Proficient in Excel; knowledge of basic reporting tools
• Excellent communication and analytical skills
• Detail-oriented with demonstrated ability to manage multiple priorities

Responsibilities

• Investment Accounting & Financial Reporting Perform intermediate-level investment accounting activities, including analytics on property financials, trade capture, income accruals, valuation, and basic consolidations for various asset types including equities, fixed income, and basic structured products
• Prepare monthly, quarterly, and annual reports
• Contribute to internal management reporting and assist with external reporting requirements
• May apply U.S. GAAP and Statuatory principles and ensure compliance with basic regulatory requirements
• Work with senior team members to understand accounting implications of investment strategies
• Project Management & System Implementation Participate in system testing and implementation projects
• Help develop automated solutions for reporting and reconciliations
• Conduct user acceptance testing (UAT) and document business requirements
• Compliance, Controls, and Risk Management Execute established internal control procedures
• Support risk mitigation strategies
• Prepare and organize audit documentation and reconciliations
• Cross-Functional Collaboration & Business Support Coordinate with other teams to ensure accurate treatment of investment data
• Provide basic technical guidance on accounting impacts of investment vehicles
• Perform routine analysis related to investment performance and reporting
• Continuous Improvement & Strategic Insight Keep current with accounting standards and regulations
• Suggest improvements to existing processes

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. Employees don't accrue a bank of time off under FTO and there is no set number of days provided.
• Pension Eligible

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Funds, Trusts, and Other Financial Vehicles
• Number of Employees: 5,001-10,000 employees