Sr Associate Investment Accountant

Principal Financial Group•Des Moines, IA

6d•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 accounting experience required
Critical thinking, process improvement, strong communication skills, agility, and self-motivation are key

Nice To Haves

CPA or other applicable certifications preferred
Experience in Public Accounting is preferred
Experience or exposure to real estate or investment accounting

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