Associate Accountant

Company: Principal Financial Group
Location: Des Moines
Posted on: April 15, 2024

Job Description:

What You'll Do

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 Investor's business as an Associate Accountant. This position is an excellent opportunity to join a highly collaborative environment and provide analytical accounting support for asset portfolios.

You'll work on portfolios of commercial Real Estate investments! The Associate 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 Real Estate teams to ensure compliance with Generally Accepted Accounting Principles (GAAP).

Below are few examples of responsibilities:

• Interact regularly with the RE Asset and Portfolio Management teams and third-party property managers to provide explanations, data and support for property performance
• Prepare and record journal entries for property acquisitions, dispositions, and financing in accordance with US GAAP
• Review real estate property financial statements in compliance with SOX controls and other established procedures
• Analyze budget-to-actual variances
• Review property budgets
• Prepare schedules for use by auditors and tax preparers
  Who You Are
  
  Qualifications:
  
  
  • Bachelor's degree in accounting or finance or equivalent experience required
  • Critical thinking, process improvement, strong communication skills, agility, and self-motivation are key.
    Success Profile: The successful candidate will demonstrate self-awareness, a desire for ongoing self-development and be comfortable interacting at various levels of the organization. Additionally, the preferred candidate will be thoughtful and support our team's operational improvement activities.
    
    Work Environments
    
    This role offers in-office, and hybrid (blending at least three office days in a typical workweek), work arrangements in our Des Moines IA office. You'll work with your leader to determine which option may align best based on several factors.
    
    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)
    
    $20.84 - $39.81 / hour
    
    Time Off Program
    
    Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.
    
    Pension Eligible
    
    Yes
    
    Additional Information
    
    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. For additional information around work authorization needs please use the following links.
    
    Nonimmigrant Workers and Green Card for Employment-Based Immigrants
    
    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 serve 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
    
    4/10/2024
    
    Most Recently Posted Date
    
    4/10/2024
    

Keywords: Principal Financial Group, Ankeny , Associate Accountant, Accounting, Auditing , Des Moines, Iowa