Sr Associate Investment Accountant (Real Estate)

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). Below are few examples of 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

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!

• Bachelor's degree in accounting or finance or equivalent experience required
• 2+ years of experiene required
• CPA or other applicable certifications preferred
• 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
• The ideal candidate will demonstrate a strong ability to navigate complex challenges while actively contributing to the continuous improvement of our team’s operations

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $740 billion in assets including $102.2 billion in real estate assets, and over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate-private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets. Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 14 consecutive years! Check us out at www.principalam.com!

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical work week) from Des Moines, IA.

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 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.