Sr Associate Investment Accountant (Real Estate)

Principal Financial Group • Des Moines, IA

4h • Hybrid

About The Position

Are you interested in building a career that blends your passions for Real Estate and Accounting? If so, consider joining Principal's Finance and Accounting team supporting our Real Estate Investors’ business as a Sr Associate Investment Accountant. In this role, you’ll join a highly collaborative environment and provide analytical accounting support for real estate portfolios. The Sr Associate Investment Accountant is involved in all aspects of the Real Estate investment cycle, from property acquisition to ongoing oversight and reporting, to disposition. This position works closely with third party property managers and asset managers to ensure compliance with Generally Accepted Accounting Principles (GAAP).

Requirements

• Bachelor's degree in accounting or finance or equivalent experience required
• 2+ years of experience required
• Critical thinking, process improvement, strong communication skills, agility, and self-motivation are key
• The successful candidate will demonstrate self-awareness, a desire for ongoing self-development and be comfortable interacting at various levels of the organization
• The ideal candidate will demonstrate a strong ability to navigate complex challenges while actively contributing to the continuous improvement of our team’s operations

Nice To Haves

• CPA or other applicable certifications preferred

Responsibilities

• Prepare and record journal entries for property acquisitions, dispositions, and financing in accordance with US GAAP.
• Review financial statements in compliance with internal controls and other established procedures
• Interact regularly with the Real Estate Asset and Portfolio Management teams as well as third-party property managers to establish annual budgets, provide explanations, data, and support for property performance
• Analyze variances at an investment level between actual results and the annual budgets
• Provide documented support auditors for annual audits
• Prepare schedules and information to assist external tax preparers with partnership tax returns

Benefits

• Flexible Time Off (FTO)
• Pension Eligible
• Bonus program (for non-sales positions)
• Comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being.

What This Job Offers

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